Metrics & KPIs% of new hire retention
Definition
Percentage of new hire retention after certain period (e.g. 12 months). Number of new hires that still work for the company versus the total number of hires.
Formula
[New hires retained] percentage of [new hires]
Percentage of new hire retention after certain period (e.g. 12 months). Number of new hires that still work for the company versus the total number of hires.