Over the past two months, I have described a variety of diversity measures and metrics that organizations can use to evaluate their performance in a variety of areas. To make it easier to access this information, I have listed each metric below, along with a link to the specific blog post:
The last diversity metric that I will discuss in this series is stability factor, which tells you whether or not the turnover rate for a given population (i.e., a particular employee demographic) is changing. It also allows you to compare stability rates between different employee demographics and categories in order to identify turnover trends. Here is a formula you can use to determine stability factor within your organization:
Dr. Tyrone A. Holmes is an author, speaker, coach and consultant. He helps his clients develop the skills needed to communicate, resolve conflict, solve problems and improve performance in diverse organizational settings.