workforce-retentionaudit

noun

UK /ˈwɜːkfɔːs rɪˈtɛnʃən ˈɔːdɪt/

US /ˈwɜːrkfɔːrs rɪˈtɛnʃən ˈɔːdɪt/

A check-up that looks at why workers stay at a job or leave it.

The company ran a workforce-retention audit to find out why so many employees were quitting.

SYNONYMS

employee-retention review staff-retention check turnover analysis retention assessment

RELATED WORDS

human resources employee turnover job satisfaction exit interview staffing

OTHER MEANINGS

2. A formal review of the policies and practices a company uses to keep its employees.

The workforce-retention audit showed that flexible hours helped keep people on the team.

3. A study that measures how many workers stay with an organization over time.

After the workforce-retention audit, managers set a goal to keep more new hires past their first year.

4. An examination of the reasons employees choose to remain with an employer.

The workforce-retention audit revealed that good training programs made workers want to stay.