oboloo Glossary

Employee Retention Data

oboloo Glossary

Employee Retention Data

Employee Retention Data is a set of metrics used to measure an organization’s ability to retain its employees. This data can include employee longevity, employee satisfaction surveys, and financial incentives given by the organization. With retention data, business leaders can track which strategies are working and which need improvement. Employee retention data gives insight into the effectiveness of recruitment procedures, learning and development opportunities, compensation packages, and other initiatives designed to attract and retain top talent. Retention data also helps to identify where potential problems or issues in the workplace may lie, creating a more harmonious and productive environment for everyone involved.