For example, assume your company is 15 years old and you want to determine the average retention rate of your workforce. Calculate the number of employees who have been with your company for 15 ...

Commissions do not affect our editors' opinions or evaluations. Customer retention rate (CRR) tells you how good your business is at keeping its customers coming back for more. If there is one ...

A company’s employee retention rate measures the percentage of employees who stay with the organization for a set period, usually a year. Here is a formula used to calculate the retention rate ...

But in most cases the goal is to keep retention rates as high as possible, if only because it’s expensive to land new customers. The same data lets you calculate customer acquisition rate.

Here are a few things every business can do to improve its employee retention rate. Provide Positive Feedback Good work can often go unnoticed. At many companies, the only time employees might ...

When customers increase their average spending, a company's net revenue retention rate will be above 100%. For example, a company will have a net revenue retention rate of 105% in a given period ...