What is a reasonable retention rate?
Asked by: Furman Wilderman | Last update: May 8, 2025Score: 4.5/5 (58 votes)
What is considered a good retention rate?
A retention rate of 90% or higher is considered to be a good retention rate, meaning organizations should strive for an average employee turnover rate of 10% or less.
What is a realistic retention rate?
A good retention rate dependes on the industry and the type of organization. As a rule of thumb, a retention rate in the range of 70% to 85% is optimal. The average retention rate for SaaS companies is around 80%, but this varies depending on the industry and the specific company.
Is 30% retention rate good?
A good audience retention rate for live streams would be around 30-40%.
What is a bad employee retention rate?
A bad employee turnover rate, which usually surpasses 10%, signifies a more frequent departure of staff from the company. This kind of turnover not only disrupts stability but also has a negative impact on morale while incurring significant costs.
6 Audience Retention Tactics Genius YouTubers Use
Is 20% retention good?
Industry Benchmarks
While the average hovers around 20% 90-day retention, it's best to aim for 25% or higher depending on your industry.
What is an acceptable employee retention rate?
What is a good employee retention rate? Generally, an average retention rate of 90% or higher is what to aim for, meaning a company will want an average employee turnover rate of 10% or less. In 2022, the average turnover rate2 was around 9.3%.
What is a poor retention rate?
A high retention rate means employees are engaged, satisfied, and committed to the organization. In contrast, a low retention rate suggests that there may be problems with the work environment, company culture, or other factors causing employees to leave.
What is the 40 20 10 retention rule?
On average, a 40-20-10 profile is considered good retention ‒ 40% retention on Day 1, 20% retention on Day 7, and 10% retention on Day 30. But depending on the genre of the game, good retention rates may vary. According to Gameanalytics, the average Day 1 retention rate is 25%.
What is the benchmark employee retention rate?
For instance, industries such as retail or hospitality tend to experience high turnover and would consider a retention rate of 70% or higher as being good. In other industries, such as professional services, a retention rate of 90% or higher is viewed as a standard benchmark to measure against.
What is an acceptable staff turnover rate?
The lack of relevant data and insights to identify room for improvement supports the perception that a staff turnover rate under 10% - 12% is completely ok. This is true if it is lower than the market average. However, what is good can always be improved.
How much retention is normal?
Urinary retention. This is described as the painful inability to void with relief of the pain following drainage of a large volume of urine from the bladder. The volume is normally between 500-800ml. Larger volumes suggest an acute on chronic retention picture.
What is the retention rate in HR?
What is the employee retention rate? Employee retention rate is a measure of an organization's ability to retain a stable workforce. It shows the number of employees who stay in a company for a certain period of time compared to the total number of employees in that period.
Is 50% retention rate good?
A business with a 90% retention rate would be considered very healthy — this indicates high customer loyalty and widespread satisfaction. A business with a 50% retention rate, on the other hand, has some work to do.
What is a realistic customer retention rate?
Your ideal CRR depends on your industry. However, as a general rule, 35% to 84% is considered a good retention rate.
What is typical retention?
For most industries, average eight-week retention is below 20 percent. For products in the media or finance industry, an eight-week retention rate over 25 percent is considered elite. For the SaaS and e-commerce industries, over 35 percent retention is considered elite.
What is the 7 year retention rule?
SOX Retention Requirements – 7 Years
Sarbanes-Oxley Act of 2002 (SOX) was modified in 2003 to require relevant auditing and review documents to be retained for seven years after the audit or review of the financial statements is concluded.
What is the 80 20 rule of retention?
The 80/20 Rule in Customer Retention
The 80/20 rule, in the context of customer retention, can be summarized as follows: 20% of your customers typically contribute 80% of your business revenue. The inverse is also true – 80% of your customers may only contribute 20% of your revenue.
What is 5% retention?
Retentions are a percentage of a construction contract, often 5%, which are held back and not paid until a later date.
What is a decent retention rate?
What Is a Good Employee Retention Rate? Currently, employee retention rates in the U.S. average around 90 percent and vary by industry. Generally speaking, a good retention rate ranges 90 percent or higher.
What are common retention rates?
As a general rule, employee retention rates of 90 percent or higher are considered good and a company should aim for a turnover rate of 10% or less.
What is minimum retention?
Minimum Retention Period means, in respect to any Service, the period of time for which Customer is required to maintain service to avoid the payment of certain credits, waived charges, or unpaid amortized charges, all as specified in the Pricing Schedule or Service Publication for that Service.
How long does the average employee stay with a company?
How long workers stay in a particular position often depends on the industry. According to the Bureau of Labor Statistics, in early 2022, public sector workers had a median tenure of 6.8 years, as opposed to an average of 3.7 years for those in the private sector.
What is a good retention bonus?
A retention bonus is an amount of money (a lump sum) that is paid to the employee from the company, in exchange for the employee staying for an agreed period of time. It is paid one-time and usually is a significant percentage (20-30%) of the base pay of the employee.
What is a healthy staff turnover rate?
For Starters, There's No Magic Number When It Comes to Employee Turnover. According to Gallup, 10% turnover is healthy, but every industry and every organization is different.