Retention by department

Refers to the rate of employee retention for each department.

Calculation steps:

1. choose time frame
2. identify the number of employees working at the start of chosen time frame
3. correlate each employee with the department
4. identify the number of employees who left during the chosen time frame
5. correlate each employee with a department
6. for the employees in every category apply the retention rate formula

Example:

Time frame: 1st of January to 31st of March

Employees working at the start of the time frame: 100 out of which

1. 40 are in Sales
2. 60 are in Production

Employees who left in the time frame: 10 out of which

1. 4 are Sales
2. 6 are Production

Sales retention rate = ((40 - 4)/40) x 100 = 90%

Production retention rate = ((60 - 6)/60) x 100 = 90%

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