Stop employee attrition in its tracks
Connect the dots between attrition trends and employee experience. Our retention analytics tool learns why people leave and shows where things need to change so you can create retention strategies that’ll keep your top talent happy.
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best brands
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Qualtrics
Today's reality
Losing top talent
Organisations continue to lose top talent to competitors, leading to ongoing cycles of hiring and training that drain resources
Underperforming onboarding processes
New hires often feel lost and unsupported during their crucial first weeks, resulting in early turnover and disengagement.
Limited ability to measure impact
Outdated or fragmented systems complicate the ability to assess the long-term effects of talent strategies on employee retention and engagement.
With Qualtrics Retention Analytics you can
- Easily identify employee segments experiencing higher attrition rates compared to the rest of the organisation, and uncover statistically significant drivers of attrition using pre-built analysis, dashboards, and guided setup
- Connect EX measures to business outcomes, enabling proactive development of retention strategies to improve intent to stay and prevent future turnover
- Simulate flight risk scenarios to assess potential business impacts, such as attrition rates and costs, and determine critical engagement attributes and demographics to reduce attrition
- Uncover key drivers of unwanted employee attrition, directly addressing factors that impact the bottom line and enhance retention strategies
- Identify at-risk employee groups and experience gaps for stayers versus leavers to implement effective retention and engagement initiatives
- Reduce quick quits by understanding onboarding experience gaps and taking data-driven action to enhance onboarding processes, thereby decreasing early tenure turnover costs
Analyse employee attrition with deep insights
What’s the difference between a leaver and a lifer? Automatically garner insights from engagement scores, demographic data, onboarding and exit surveys – and understand the root causes of employee attrition.
- Seamlessly connect data sources to Qualtrics, and access actionable insights in no time at all
- Filter capabilities to drill deeper into certain employee populations or demographics, such as office location, employee level, or even their generation, to create deeper, personalised action plans
Identify at-risk employees before they leave
Anticipate attrition before it happens, with employee segment analysis designed to make it easy to flag at-risk employees and groups – with no-nonsense dashboards and analysis that get straight to the point.
- See drivers of attrition in a purpose-built dashboard. With direct correlations between different engagement metrics and attrition levels, you can take targeted action to increase retention.
- Visualise the data in different ways to make insights easier to glean, including variances of turnover with engagement drivers, stayers vs. leavers, demographic pulls, and employee segments
Ebook_
Employee lifecycle feedback: Understanding the moments that matter most to your employees
Employee lifecycle feedback: Understanding the moments that matter most to your employees
Learn how to get started with a lifecycle approach to employee experience that uses employee feedback at key stages in their journey with the organisation to understand, and improve, the moments that matter most.
See the future, fix the now
Simulate flight-risk scenarios to understand the business impact of employee churn, then use what you learn to fine-tune your retention strategy – and avert potential staffing challenges.
- Explore different scenarios in a pre-built dashboard, and see how your actions will impact your programme
- Explore different scenarios with the built-in attrition simulator and see how your actions can impact retention rate
How we are driving growth
How we are driving growth
Our listening survey allowed associates to tell us what was working and what wasn’t. It also helped us to gauge the impact world events, such as lockdown orders, testing and more, were having on our associates and facilities.
Chairman and CEO
500k
Employees providing regular feedback
We’re much more proactive. We are able to use data to inform decisions on everything from promotions to how we roll out benefits, and perks programs.
Director of Talent, Learning, and Development
30%
Increase in retention
Upgrade your programmes with flexible, scalable plans
Upgrade your programmes with flexible, scalable plans
Employee Retention Analytics FAQs
Employee Retention Analytics FAQs
What is meant by employee retention?
What is meant by employee retention?
Employee retention refers to the ability of an organisation to keep its employees and reduce turnover rates. It involves creating a positive work environment, offering competitive compensation, providing opportunities for professional development, and fostering strong relationships between employees and management. High employee retention is beneficial for businesses as it reduces recruitment costs, maintains institutional knowledge, and enhances overall morale and productivity within the workforce. Effective retention strategies aim to engage and motivate employees to stay long-term.
What is a good employee retention rate?
What is a good employee retention rate?
A good employee retention rate typically ranges between 85% and 90% annually. Rates vary by industry, with some sectors, like technology, seeing lower averages due to high turnover. Ultimately, a higher retention rate indicates employee satisfaction and effective management practices within an organisation.
What is Employee Retention Analytics?
What is Employee Retention Analytics?
Employee Retention Analytics is a tool designed to help organisations monitor, improve, and manage employee retention rates by analysing attrition data and employee feedback, and implementing strategies to enhance employee satisfaction and engagement.
Why is employee retention important for organisations?
Why is employee retention important for organisations?
High employee retention is critical as it reduces turnover costs, retains organisational knowledge, fosters a stable and motivated workforce, and contributes positively to workplace culture and productivity.
What does Qualtrics Employee Retention Analytics offer?
What does Qualtrics Employee Retention Analytics offer?
The Qualtrics employee retention solution enables organisations to understand and manage employee turnover effectively. By providing a comprehensive platform for gathering and analysing employee feedback, organisations can identify the key factors contributing to attrition. This solution helps HR teams implement proactive strategies to enhance retention and drive employee engagement. It combines HR analytics, predictive insights, and customisable surveys, enabling organisations to make informed decisions that create a positive employee experience.
More employee experience solutions
More employee experience solutions