Hi All, I.m attaching a worksheet to calculate the employee retention rate, which is a very important performance criteria for any HR personnel. Neha :)
From India, Chandigarh
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18From India, Chandigarh
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Hi Neha, Thanks for this input. I have been calculating employee attrition rate but after going thru this, i am planning to calculate employee retention rate also. Thanks, Khyati
From India, Mumbai
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From India, Mumbai
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Hi Neha, Thats really Good. A different and Positive approach to HR. Thanks a lot for adding a new idea to our list. It seems you are innovative. keep sharing. Thanks and regards Anuradha
From India, Gurgaon
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From India, Gurgaon
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Thank you for the excellent sheet. I just have a question. I am working in a company with 1400 employees. I want to calculate the retention per quarter. So, for the 1st quarter, I have 27 leavers. When I tried using this sheet, the result I got was: total number of days / total number of employees = 1750.
Could you please help me with this? Thank you.
From Saudi Arabia, Riyadh
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Could you please help me with this? Thank you.
From Saudi Arabia, Riyadh
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Dear It was not a worksheet. It was a Document. If you have worksheet than post it over here for me. Zafar Iqbal
From Pakistan, Karachi
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From Pakistan, Karachi
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Hi Neha,
Thank you for the worksheet; I am sure it will help me in one way or another. There are some KPIs that we have to meet regarding retention, but ours is a more complicated system with a regular turnover. So, thanks anyway. In case I come up with something more interesting, I shall send that to you.
Keep up the good work.
Bye and take care.
Happy HRing,
Sandeep
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Thank you for the worksheet; I am sure it will help me in one way or another. There are some KPIs that we have to meet regarding retention, but ours is a more complicated system with a regular turnover. So, thanks anyway. In case I come up with something more interesting, I shall send that to you.
Keep up the good work.
Bye and take care.
Happy HRing,
Sandeep
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Thanks for sharing. THIS IS CALLED THINKING OUT OF THE BOX. Usually attrition rate is calculated. A new dimension and positive approach. Keep it up. Parwez
From India, Delhi
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From India, Delhi
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Dear Neha,
Can you please post the completed worksheet here? I have worked on it and here are the findings:
Total Employees: 261
Total Days: 161048
Retention Rate: 617
I could not understand it. Please help me by providing the worksheet.
From Pakistan, Lahore
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Can you please post the completed worksheet here? I have worked on it and here are the findings:
Total Employees: 261
Total Days: 161048
Retention Rate: 617
I could not understand it. Please help me by providing the worksheet.
From Pakistan, Lahore
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Hi Neha,
I am Murthy, currently in my final year of MBA at OU campus through distance learning. So far, I have not received any useful information to proceed with my project work on the "Employee Retention Plan." However, after reading your attached message, I have gained ideas on how to move forward. It is really nice. Thank you very much for your help.
I am looking forward to your support and cooperation.
Kind regards,
Murthy
Ph: +91 9963943762
From India, Hyderabad
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I am Murthy, currently in my final year of MBA at OU campus through distance learning. So far, I have not received any useful information to proceed with my project work on the "Employee Retention Plan." However, after reading your attached message, I have gained ideas on how to move forward. It is really nice. Thank you very much for your help.
I am looking forward to your support and cooperation.
Kind regards,
Murthy
Ph: +91 9963943762
From India, Hyderabad
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