HR Terminology Employee Retention

Complygate has put together a complete list of key HR terms, phrases, acronyms and jargon to assist HR professionals in navigating the extensive, ever-growing HR terminology. We would like to encourage you to read, share and make use of this terminology collection. If you have any suggestions of terms or keywords we have missed, please contact us and we will include them in our next update.

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What Is Employee Retention?

Employee Retention refers to the set of efforts and policies designed to reduce turnover by creating a workplace environment that makes employees want to stay.

It can also be defined as the ability of an organization to retain its employees.

Why is having high employee retention important?

To have a high Employee Retention rate means that you are keeping staff members long-term. This means that you will need to spend less time and resources in finding new candidates for any vacant positions, and on training new employees.

Usually, having long-term employees translates also into employee engagement and productivity, since it shows them that they are valuable to the organization and that they have a place to develop professionally within the company.

It also keeps a strong workplace culture, and if employee relations are handled the right way, it can be a key point to employee engagement and productivity.

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