Question

What statistical test should be used when measuring employee retention rates?

Answer 1

Employee Retention Rate =

(Number of Employees who remained employed for entire measurement period/ Number of employees at the start of measurement period) X 100

Statistical test that should be used when measuring Employee Retention Rates:

Moving Averages:

Moving average statistical test should be employed, which helps the researcher to analyse the Employee Retention Rates over time. Moving Averages gives the researcher to answer the question, "Did the Employee Retention Rate change?".