High Employee Retention Rate is a key indicator of long-term business success that refers to the number of employees staying with a company over a certain period of time. Generally, any retention rate above 90% is considered “high” and indicates that the company is an attractive place to work. This kind of positive reputation often translates into better recruitment opportunities for top candidates, improved productivity, and reduced costs associated with turnover. Ultimately, high employee retention rates show a company values its employees, which can create a productive and positive work environment and ultimately drive overall business success.