Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Retention rate = Number of employees who remain employed for the entire measurement period 1 0 0 Number of employees at the start of the

Retention rate =
Number of employees who remain employed for the entire measurement period 100
Number of employees at the start of the measurement period
For example, the retention rate equals, eighty divided by 100, multiplied by 100. The retention rate is 80 percent.
Retention rate =
80100100=80 percent (80%)
Company CBE has 360 remaining employees. At the start of the second quarter, the company had 400 employees. What is the retention rate?
.09%
9%
90%
10%
image text in transcribed

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Literacy And Money Script A Caribbean Perspective

Authors: Christine Sahadeo

1st Edition

3319770748, 978-3319770741

More Books

Students also viewed these Finance questions

Question

2. How should this be dealt with by the organisation?

Answered: 1 week ago

Question

explain what is meant by the term fair dismissal

Answered: 1 week ago