Why you need to calculate employee retention rates
PeopleKeep
OCTOBER 17, 2021
When it comes to employee retention , business owners and HR departments need to track specific metrics to make sure the organization isn’t losing employees to other opportunities at too high a rate. By tracking specific statistics like employee retention rates and turnover costs, you have a clear way to measure the effectiveness of new HR initiatives, such as a formal onboarding program or starting to offer health benefits.
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