HR Glossary

What is Retention Rate?

The percentage of employees who remain with an organization over a defined period, calculated as the inverse of turnover and used to measure workforce stability and the effectiveness of people strategies.

Why it matters in hiring

Retention Rate comes up whenever teams compare candidates, set policy or report on people data. Getting the definition right keeps decisions consistent, which is the same reason springhire scores every applicant against the same criteria rather than on impression.

Related terms starting with R

• Resume Screening
• Retained Search
• Retention Bonus
• Retention Package
• Retention Strategy
• Retirement and Re-employment Act (Singapore)
• Return of Company Property
• Right to be Forgotten

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