The production and operations senior executive of a conglomerate has lost several staff members to the same competitor in a different industry in the last three months. This development has not affected the department’s ability to meet its quarterly targets.
Which type of report can HR share to ease this situation?
A . Staff turnover report
B . Performance parameter results
C . Staff retention report
D . Business intelligence report
Answer: C
Explanation:
A staff retention report uses insights from exit interviews, surveys, and focus groups to determine an organization’s retention rate, the reasons employees leave their jobs, how working conditions can impact the reasons employees leave, and what can be done to improve staff retention levels. Note that a turnover report only provides an analysis of the number of terminated employees within a company’s total employee count for a specified period.
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