Don’t know how to measure the effectiveness of your HR policies? A good indicator of this is measuring the retention and attrition rates in your organisation. Finding and hiring the right employees is crucial — but retaining them is just as important. The cost to replace a worker is significant, including losses in revenue, productivity, and staff morale. Employee turnover costs anywhere from 16% to 213% of annual salary depending on the position. Visit our PMaps Website to know more! www.pmapstest.com

1. Tsk tsk...
Do you know what's going on in
the HR world?
Lets take a look!

2. of HR leaders say retention is
their greatest concern.
Is it your greatest
concern too?
46%

3. Then here are some Retention Metrics you should
track:
Number of
employees who
stayed during
period
= Overall Retention Rate
Number of at the start
of the time
period

4. = Turnover Rate
Average number of employees in
the same period
Number of separations in a
given period

5. )
= Retention Rate Per
Manager
Total number
of employees
per manager
Number of
employees who
have left per
manager
(
Total number of
employees per
manager

6. The Retention Rate Of
Top/Low Performers
Number of top- or low-performing employees
who stay during a defined time period
total number of employees at the
start of the time period
=

7. Sum of variable
associated with
turnover
= Employee Turnover Cost
Total number of
employees who
leave the company

8. Finding and hiring the right employees is crucial,
but retaining them is just as
important!
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