How is new-hire retention calculated?
New-Hire Retention is the share of your new hires who reached the 100-day mark, which is the point where an employee is considered retained.
Retain's new-hire journey is built around those first 100 days.
New-Hire Retention = Retained รท New Hires
- Retained โ active employees who have reached 100 days.
- New Hires โ active employees who haven't yet reached 100 days.
- Separated โ employees who left before reaching the 100-day mark.