How To Improve Employee Retention: 5 Strategies for Success
ApplicantStack
FEBRUARY 20, 2024
In this case, it would be 200 – 180) = 20 Now, calculate the retention rate using the formula presented above: Retention Rate = ((180 – 20) / 200) * 100 = (160 / 200) * 100 = 0.8 * 100 = 80% In this hypothetical scenario, the retention rate is 80 percent. Calculate the number of employees who left during the year.
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