Definition: Employee Retention is the ability of an organization to retain its employees (especially the best ones). For example an ER rate of 89% means that 89% of employees were kept in a period (year). |
More on retention: Bradford Factor, Brownout, Burnout, Employee Ghosting, Employee Loyalty, more on retention... MBA Brief provides concise yet precise definitions of organizational concepts, management methods, and business models as taught in an MBA program. We keep it short and provide links to high-quality websites where you can learn more about your topic. |
© 2024 MBA Brief - Last updated: 4-12-2024 - Privacy | Terms