Defining and differentiating retention and turnover metrics

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Highlighting Differences Between Retention and Turnover Metrics

Sponsored by: SuccessFactors

A high turnover rate can be a huge hindrance to your organization. Training costs are steep and if you are unable to retain employees your investment goes out the window. For this reason, businesses are paying closer attention to the metrics they use to measure workforce turnover and retention rates. But many organizations have trouble distinguishing between and defining common metrics that they should be using to improve their workforce reporting and analytics efforts. This paper aims to help you differentiate between various retention and turnover metrics to learn: When to use each type of metric The context of how to appropriately apply the metrics Ideas on increasing the value of utilizing such metrics And much more.

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