R
Retention Rate
Definition
A metric indicating the percentage of employees who remain with an organisation over a specific period.
Context & Importance
A high retention rate reflects job satisfaction and strong employer branding, whereas high attrition indicates underlying issues.
Use Cases
- Analysing yearly retention trends
- Evaluating the impact of HR initiatives
Related Concepts
Employee turnover, engagement, onboarding effectiveness
TankhaPay Relevance
TankhaPay enables tracking retention metrics by department, location, or tenure to help HR spot early signs of attrition.
