This template provides HR professionals with a customizable structure for developing a detailed and actionable employee retention plan. It supports the alignment of retention objectives, metrics, initiatives, and critical employee actions with broader business priorities.
Included in this resource:
- Company overview section covering company name, industry, number of FTE, and locations
- Retention plan overview covering the planning period, HR owner, target group, creation date, and next review date
- Business strategy and main retention objectives sections with guidance and practical examples
- Key retention metrics table covering overall retention, voluntary turnover, regrettable attrition, first-year attrition, eNPS, internal mobility, critical-role retention, and pay-related exits
- Organizational plan overview for documenting initiatives, owners, target groups, timelines, budgets, and success metrics
- Critical employee shortlist for documenting employees or roles, risk factors, retention actions, and check-in dates
- Practical examples demonstrating how to complete retention objectives, organizational initiatives, and critical employee actions
