Hi, i am looking for "employee retention rate formula". or if some can guide me how to calculate it Regards, Ehtesham
From Pakistan, Lahore
From Pakistan, Lahore
Hi,
The formula for Employee turnover rate / attrition rate is: (No. of employees leaving / left the org. / Average no. of employees for the period) x 100
The formula for Employee retention rate is: (No. of employees peresent (with more than one year of exp) / Average no. of employees for the period) x 100
Please correct me if I am wrong.
Thanks & Regards,
Narendra
From India, Hyderabad
92The formula for Employee turnover rate / attrition rate is: (No. of employees leaving / left the org. / Average no. of employees for the period) x 100
The formula for Employee retention rate is: (No. of employees peresent (with more than one year of exp) / Average no. of employees for the period) x 100
Please correct me if I am wrong.
Thanks & Regards,
Narendra
From India, Hyderabad
Hey ,
Here is the retention Rate formula :
% Retention Rate (RR) = 100 - [ {S-(UT+BT)}/AE x 100]
Where:
RR = Retention Rate
S = Total Number of terminations from what ever cause (In effect this means the total number employees that have left the company for what ever reason)
UT = Unavoidable Terminations (i.e. retirements or long term illness)
BT = Beneficial Terminations (i.e. sometimes those staff that do leave provide benefit to the company by virtue of leaving, for example under performers
AE = The average number of employees working for the company during the same period as calculated, this should be any period of 12 months.
Hope you will find this useful.
From India, Mumbai
Here is the retention Rate formula :
% Retention Rate (RR) = 100 - [ {S-(UT+BT)}/AE x 100]
Where:
RR = Retention Rate
S = Total Number of terminations from what ever cause (In effect this means the total number employees that have left the company for what ever reason)
UT = Unavoidable Terminations (i.e. retirements or long term illness)
BT = Beneficial Terminations (i.e. sometimes those staff that do leave provide benefit to the company by virtue of leaving, for example under performers
AE = The average number of employees working for the company during the same period as calculated, this should be any period of 12 months.
Hope you will find this useful.
From India, Mumbai
Hello! My name is Patrick Behar-courtois and I am a PhD candidate studying organizational behavior at the ICN Business School. I am beginning the data collection phase of my doctoral dissertation research.
The purpose of my study is to investigate how personality influences the employee’s intent to stay in a job. I am looking for current employees in organizations of any size willing to complete a short 15 minutes online survey (available in English, Chinese and French). A link to an informed consent is below. Once you provide informed consent, you will be taken to a survey where you can participate in my research.
Please feel free to like and share this post so I can reach as many people as possible. Thank you very much for your time and assistance.
Survey link: https://bit.ly/2JNhbDj
From United States, Los Angeles
The purpose of my study is to investigate how personality influences the employee’s intent to stay in a job. I am looking for current employees in organizations of any size willing to complete a short 15 minutes online survey (available in English, Chinese and French). A link to an informed consent is below. Once you provide informed consent, you will be taken to a survey where you can participate in my research.
Please feel free to like and share this post so I can reach as many people as possible. Thank you very much for your time and assistance.
Survey link: https://bit.ly/2JNhbDj
From United States, Los Angeles
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