Meaning & Definition

Retention rate

Refers to the percentage of employees who’ve stayed at a company over a particular period. An organization’s retention rate denotes whether its HR practices, company culture, and work environment have helped retain employees.

Sprout Solutions Logo
Sign up to receive the latest HR updates and best practices!
Mid-Market Business | Sprout Solutions

Sprout Newsletter

Want to get exclusive updates from Sprout?
Just sign-up below!

By filling out this form, you agree to share this information with Sprout Solutions in conjunction with our Terms of Service and Privacy Policy.