Reference M-203
What is this?
The Tenure metric communicates how long an individual has been employed by the organization. Tenure can be reported by total length of employment with the organization or by length of employment in each position occupied by the employee.
Why use it?
Use this metric to examine the tenure of personnel. This is most useful to identify very high or low tenured workforce or to proactively manage significant risk of knowledge drain. It is recommended that you consider coupling this metric with the Retirement or Generation Mix analysis.
Tenure may be useful in determining qualification for benefits such as vacation time and salary treatment. Also Tenure metrics may be a measure of employee satisfaction with the organization and/or their direct supervisors. Tenure metrics can also be compared with industry metrics to assess the organization’s competitive standing with employees in the recruitment process.
Required data:
Employment start date, position start date, years in position.
