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GCSE Business · key term
Keeping employees working for the business rather than losing them to other employers.
Used by Edexcel and OCR
Specification 2.5.3, 2.5.4 · Paper 2
Keeping employees within the business rather than losing them to other employers.
Keeping existing employees working for the business rather than losing them to other employers.
Paper 1
The extent to which a business keeps its employees over a period of time rather than them leaving.
Keeping existing employees in a business over time. High employee retention means few employees leave during a given period.
A business’s ability to keep its employees rather than have them leave.
The ability of a business to keep its employees rather than having them leave.
Distinguish employee retention, which concerns staff staying, from labour turnover, which concerns staff leaving.
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