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.

What is a good retention rate for college?

Matriculating into a college is one thing, returning your sophomore year in good standing and then successfully pushing through to a diploma is quite another. Nationwide, the average retention rate (students who return for sophomore year) is 78%.

What does employee retention rate mean?

An organization's employee retention rate refers to its ability to retain employees over a period of time. Internally, it also refers to the organization's efforts to engage and retain its team members. ... The rate of turnover at a company refers to the percentage of employees who leave over a given period of time.