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Churn rate (also known as attrition rate, turnover, customer turnover, or customer defection) [1] is a measure of the proportion of individuals or items moving out of a group over a specific period. It is one of two primary factors that determine the steady-state level of customers a business will support.
Turnover can vary significantly based on time and industry. For example, the US 2001 - 2006 annual turnover rate for all industry sectors averaged 39.6% prior to seasonal adjustments, [29] while the leisure and hospitality sector experienced an average annual rate of 74.6% during this same period. [30]
"An Analysis of Sample Attrition in Panel Data: The Michigan Panel Study of Income Dynamics" (PDF). Journal of Human Resources. 33 (2): 251– 299. doi:10.2307/146433. JSTOR 146433. Wooldridge, Jeffrey M. (2010). Econometric Analysis of Cross Section and Panel Data. Cambridge: MIT Press. pp. 837– 842. ISBN 9780262296793
The data set contains performance reviews for more than 13,000 employees across two annual review cycles. Because we have two years of data, we can see whether an employee in the Year 1 data set ...
An alternative motivation theory to Maslow's hierarchy of needs is the motivator-hygiene (Herzberg's) theory. While Maslow's hierarchy implies the addition or removal of the same need stimuli will enhance or detract from the employee's satisfaction, Herzberg's findings indicate that factors garnering job satisfaction are separate from factors leading to poor job satisfaction and employee turnover.
Trailing twelve months (TTM) is a measurement of a company's financial performance (income and expenses) used in finance.It is measured by using the income statements from a company's reports (such as interim, quarterly or annual reports), to calculate the income for the twelve-month period immediately prior to the date of the report.
The best way to protect yourself is to be careful about what info you offer up. Be careful: ChatGPT likes it when you get personal. 10 things not to say to AI
Compound annual growth rate (CAGR) is a business, economics and investing term representing the mean annualized growth rate for compounding values over a given time period. [1] [2] CAGR smoothes the effect of volatility of periodic values that can render arithmetic means less meaningful. It is particularly useful to compare growth rates of ...