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Employee Retention Rate Benchmark

oboloo Glossary

Employee Retention Rate Benchmark

Employee Retention Rate Benchmark is a key measure of success for any organization looking to ensure that their employees remain engaged and committed in the long-term. It’s an important indicator of how well an organization can attract and retain top talent, as well as maintain a healthy, productive workplace. A high employee retention rate benchmark is usually considered to be anything over 85%, while anything under 70% is viewed as indicative of potential problems. Additionally, having a clear understanding of the average tenure of employees at each job level can help companies make more informed decisions when it comes to offering competitive salaries, creating engaging workplaces and retaining top performers.

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