Business Pitch Dictionary by pitch.dog
Retention, engagement & workforce metrics · Working

Quit rate

Also called: resignation rate

ELI5

Quits as a percentage of employment under a stated labour-market or company method.

Used in conversation

“The number is useful only if everyone calculates quit rate the same way.”

Pitch context

You will see “Quit rate” in organisation plans, workforce reviews, change programmes and people reports when the discussion reaches retention, engagement & workforce metrics.

Why it matters: In retention, engagement & workforce metrics, the scope can change what data may be used, who may access it and which controls are required.

Caution

Employment law and workplace practice vary by jurisdiction and agreement.

Sources & evidence · 3

Direct term-level sources and supporting source families.