oboloo Glossary

Employee Retention Benchmarks

oboloo Glossary

Employee Retention Benchmarks

Employee Retention Benchmarks are a set of performance metrics used to measure the effectiveness of strategies and initiatives designed to retain key employees. These benchmarks can be used to track employee satisfaction, job security, competitive compensation, career growth opportunities and overall workplace culture, allowing senior managers to identify areas for improvement and monitor progress over time. With insights from Employee Retention Benchmarks, organizations can create tailored programs and take meaningful steps towards cultivating an engaged and productive workforce.