Calculating Retention Percentage
Another query that I have is how you calculate "Retention Percentage" in your Organization?
What period do you calculate, while calculating Retention Percentage?
While Calculating "Retention Percentage" do you also consider those new hires that have joined towards the end of the Period???
For Beginners, "Retention Percentage" is not Opposite of "Attrition Rate". For example, if the attrition rate of your organization is 18% that does not imply that the Retention Percentage is 82%.
Kindly help me in understanding, the way you calculate "Retention Percentage" in your Organization.
Awaiting your reply.
Regards
Sanjeev Sharma
(BLOG: http://sanjeevhimachali.blogspot.com/ )
Another query that I have is how you calculate "Retention Percentage" in your Organization?
What period do you calculate, while calculating Retention Percentage?
While Calculating "Retention Percentage" do you also consider those new hires that have joined towards the end of the Period???
For Beginners, "Retention Percentage" is not Opposite of "Attrition Rate". For example, if the attrition rate of your organization is 18% that does not imply that the Retention Percentage is 82%.
Kindly help me in understanding, the way you calculate "Retention Percentage" in your Organization.
Awaiting your reply.
Regards
Sanjeev Sharma
(BLOG: http://sanjeevhimachali.blogspot.com/ )