Managerial vs. individual contributor retention
Refers to the rate of employee retention for managerial and individual contributor population.
Calculation rate:
- choose time frame
- identify the number of employees working at the start of chosen time frame
- identify the number of employees who left during the chosen time frame
- correlate each employee with a category: manager or individual contributor
- for each category calculate the retention formula
Example:
Time frame: 1st of January to 31st of March
Employees working at the start of the time frame: 100 out of which
- 40 are managers
- 60 are individual contributors
Employees who left in the time frame: 10 out of which
- 4 are managers
- 6 are individual contributors
Managerial retention rate = ((40 - 4)/40) x 100 = 90%
Individual contributor retention rate = ((60 - 6)/60) x 100 = 90%
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