Retention vs. Attrition Metrics: Key Differences and Why They Matter
Workforce metrics play a key role in helping organizations understand their employees and improve their overall performance. These metrics provide valuable insights into how well an organization is managing its people and where improvements can be made. Two of the most important metrics in this area are retention and attrition.
Retention measures how well a company keeps its employees, while attrition tracks the rate at which employees leave. Together, these metrics give HR teams a clear picture of workforce stability, helping to identify potential problems and opportunities to create a better work environment.
Defining Retention Metrics
Retention metrics measure how well an organization is able to keep its employees over a specific period of time. These metrics are essential for understanding workforce stability and identifying the effectiveness of employee engagement and satisfaction initiatives. A high retention rate often indicates a positive work environment where employees feel valued and supported.
To discover more, read the full article ”Retention vs. Attrition Metrics: Key Differences and Why They Matter”.
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