What is the attrition rate in terms of performance?
The attrition rate differs significantly depending on the performance group:
• Employees with a current rating as “Below Average Performer” or “Average Performer” have a turnover rate of between around 1% and 10% in recent quarters.
• “High Performers” and “Top Performers” are usually in the range of 1% to 12%, with individual outliers upwards.
• It is noticeable that employees without a current performance rating (“no rating”) show a significantly higher turnover rate — often between 5% and over 20%, in individual quarters even significantly higher.
Business impact:
• The data shows that employees without evaluation pose an increased risk of fluctuation. Here, a targeted focus on feedback and development potential could strengthen loyalty.
• The turnover rate is slightly higher among average and below-average performers, but there are also occasionally high figures among top performers. This can indicate external recruitment, dissatisfaction or a lack of development opportunities.
Recommendation:
• Check whether all employees receive regular performance reviews.
• Analyze why top performers are leaving the company in order to develop targeted countermeasures.
• Use the Findings for Targeted Retention Strategies in the Respective Groups.
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