In addition, advisors seem to leave the industry after a very short period. In fact, some studies indicate that half of the advisors who leave the profession do so within their first 90 days of employment. ☆☆☆ Additional Attrition Rate Calculations Here are 3 other ways to define attrition...
What is a good turnover rate? 10 percent or less is considered a healthy turnover rate to have at any company. However, what is deemed as a "good" turnover rate will vary for each company depending on its industry and employee retention goals. ...
However, Spanish employment law entitles employees to two annual bonuses, each worth one month’s salary. Other statutory benefits may include medical insurance, worker’s compensation, and a pension fund. Learn more: What Are Statutory Benefits? 5. Supplemental benefits Supplemental benefits are ...
How to calculate turnover rate vs attrition rateTips to reduce attrition and turnover in an organizationFAQ What is turnover? Simply put, employee turnover reflects how many employees end their employment with a company, whether they leave by choice, “voluntary”, or at the direction of ...