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The term "retention rate" is used in a variety of fields, including marketing, investing, education, in the workplace and in [[clinical trials]]. Maintaining retention in each of these fields often results in a positive outcome for the overall organization or school, or [[pharmacological study]].  
In [[marketing]], '''retention rate''' is used to count [[customers]] and track customer activity irrespective of the number of [[Financial transaction| transactions]] (or dollar value of those transactions) made by each customer.
 
"''Retention rate is the ratio of the number of retained customers to the number at risk.'' In [[contractual]] situations, it makes sense to talk about the number of customers currently under contract and the percentage retained when the contract period runs out." This term should not be confused with growth (decline) in customer counts. Retention refers only to existing customers in contractual situations. "In non-contractual situations (such as catalog sales), it makes less sense to talk about the ''current'' number of customers, but instead to count the number of customers of a specified recency." In a survey of nearly 200 senior marketing managers, 63 percent responded that they found the "retention rate" metric very useful.<ref name=Marketing_Metrics>Farris, Paul W.; Neil T. Bendle; Phillip E. Pfeifer; David J. Reibstein (2010). ''Marketing Metrics: The Definitive Guide to Measuring Marketing Performance.'' Upper Saddle River, New Jersey: Pearson Education, Inc. ISBN 0137058292. Content from this book used in this article has been licensed under Creative Commons Attribution Share Alike 3.0 and Gnu Free Documentation License and be modified and reused. The [[Marketing Accountability Standards Board (MASB)]] endorses the definitions, purposes, and constructs of classes of measures that appear in ''Marketing Metrics'' as part of its ongoing [http://www.themasb.org/common-language-project/ Common Language: Marketing Activities and Metrics Project].</ref>
 
 
==Additional Usage of the Term==
 
In the ''investment'' field, '''Retention Rate''' (also called earnings retention ratio, plowback ratio) is the proportion of [[net income]] that is not paid in [[dividends]]. A firm earning $80 million after [[tax]]es and paying dividends of $20 million has a retention rate of $60 million/$80 million, or 75%. A high retention rate makes it more likely a firm's [[income]] and dividends will grow in future years. It's often expressed as a [[percentage]].
 
:Retention rate is calculated as: <math>\frac{(NetIncome-Dividends)}{Net Income}</math>
 
Retention rate may also refer to ''[[college]]s''.  According to the [[FAFSA]], the retention rate is the percentage of a school’s first-time, first-year [[undergraduate]] students who continue at that school the next year. For example, a student who studies full-time in the fall semester and keeps on studying in the program in the next fall semester is counted in this rate.<ref>http://www.fafsa.ed.gov/help/fotw91n.htm</ref>
 
== Purpose ==
The purpose of the "retention rate" metric in a marketing atmosphere is to monitor firm performance in attracting and retaining customers. "Only recently have most marketers worried about developing metrics that focus on individual customers. In order to begin to think about managing individual customer relationships, the firm must first be able to count its customers. Although consistency in counting customers is probably more important than formulating a precise definition, a definition is needed nonetheless. In particular, we think the definition of and the counting of customers will be different in contractual versus non-contractual situations." <ref name=Marketing_Metrics /> In the workplace arena, the purpose of the retention rate is to assist organizations with deciding when to take action in order to keep employees happy and motivated.<ref>http://smallbusiness.chron.com/average-employee-retention-rate-18799.html</ref> According to a survey by CNN Money, the top 100 best companies to work for had less than a 3% turnover rate during a 12 month period.<ref>http://money.cnn.com/magazines/fortune/bestcompanies/2011/turnover/</ref>
 
== Construction ==
"Retention applies to contractual situations in which customers are either retained or not. Customers either renew their magazine subscriptions or let them run out. Customers maintain a current account with a bank until they close it. Renters pay rent until they move out. These are examples of pure customer retention situations where customers are either retained or considered lost for good. In these situations, firms pay close attention to retention rates." <ref name=Marketing_Metrics />
 
:''Retention Rate:'' The ratio of the number of customers retained to the number at risk.<ref name=Marketing_Metrics />
 
== Workplace ==
Retention in the workplace refers to “the percentage of employees who were employed at the beginning of a period, and remain with the company at the end of the period”.<ref>http://www.shrm.org/TemplatesTools/hrqa/Pages/CalculatingRetentionandTurnover.aspx</ref> For example, in January, 2010, Company A had 500 employees. After one year, 200 of the 500 employees were still working for the company. The retention rate is 200/500 = 40%.
 
==See also==
*[[Employee retention]]
*[[Turnover (employment)]]
 
== Methodologies ==
No retention rate methodologies have been independently audited by the [[Marketing Accountability Standards Board (MASB)]] according to [[Marketing Metric Audit Protocol (MMAP)|MMAP (Marketing Metric Audit Protocol)]].<ref name=MMAP>MASB. [http://www.themasb.org/wp-content/uploads/2009/07/mmap-stand-alone-july-09.pdf ''Marketing Metric Audit Protocol (MMAP)''.] February 2009. [cited 8 July 2011]</ref>
 
 
==References==
{{reflist}}
 
[[Category:Financial ratios]]
[[Category:Marketing terminology]]

Latest revision as of 09:42, 10 December 2014



Hypertension, or high blood pressure, places a pressure on the center however at first there are just about no signs in any respect. But if nothing is completed to lower the blood stress, the risk of significant well being situations afterward increases dramatically. Fortunately, it's typically doable to lower your blood stress by altering your life type.

That's the reason we should know exactly the symptoms of panic attacks and anxiousness so we can start and deal with this situation immediately, before it would too late. The best way to cure anxiousness is using pure treatments as a result of as in contrast with medicine, these haven't any unfavorable unwanted effects dash diet and also will improve your life and cut back the stress stage from your body. There's a guide that can show you how to in your battle with anxiousness that makes use of only natural strategies.

Regardless that the effects of stress on the physique are mainly only thought-about in a physical sense, in addition they put a whole lot of stress on an individual mentally. The emotions they can bring about during tense situations are issues like indecisiveness and being judgmental. Reminiscence lapses and also forgetfulness are often widespread when individuals are feeling the effects of stress on their thoughts. Another biggie is depression. All of those mental stressors may be very scary to the dash diet one who is experiencing them.

Peppermint Tea - I can add teas to the list of hysteria fighter's proper? Talking purely from expertise here, I found peppermint tea to be higher for anxiety then chamomile tea and helped me keep my focus for longer intervals, in addition to stored my efficiency up (in every method attainable). The scent of it, the taste of it, all the pieces that comes with peppermint tea is superior. Should you really feel that caffeine in tea would not work effectively for coping with your nervousness, you can all the time get the caffeine-free version. Time for a cup-tea!

Normal Activities Though you will in all probability need to get again to regular as rapidly as possible, the actual fact that you've suffered a coronary heart attack will forestall this to a point. Depending on the severity of the center attack, it is probably that you'll be positive for strolling after a week or so. Nevertheless, other day-to-day activities such as sexual activity or driving may have to wait a few weeks extra, to make sure there how to lose weight fast aren't any complications or follow-up chest pains.