Posted inAll sectors / Human Resource Management / Internal

Employee retention

Definition of this KPI:
Employee Retention is a critical aspect of workforce management, measuring the ability of an organization to retain its employees over a specified period. The KPI for employee retention helps assess the effectiveness of HR and management strategies in creating a workplace environment that encourages employees to stay with the company.

  • This KPI can be calculated as: ((Number of Employees at the End of the Period‚ąíNumber of Employees Lost During the Period)/Number of employees at the start of the period) x 100%
  • The KPI will be measured as: percentage (%)
  • How to interpret the KPI: higher is better
  • The strategic objective to measure with this KPI: Skilled and experienced workforce
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