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Employee Retention Stats

oboloo Glossary

Employee Retention Stats

Employee Retention Stats are the measurements used to monitor and assess how successful an organization’s strategies are in keeping talent on their payroll. It reflects how well a company is retaining its employees by comparing the total number of employees against those that remain at the end of each period. These stats provide organizations with insight into employee churn rates, average length of stay, and reasons for resignations. With this data, businesses can gain a better understanding of their recruitment and retention strategies, so they can develop targeted efforts to keep their staff and improve their overall organizational health.

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