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Why employee and customer retention can be a vanity metric.
When I was a business owner, one of the metrics I was most proud of was our ability as a business to retain staff. At the time, I took great pride in the length of time people had worked with me. The same thing happened when I worked for a market leading coaching company. My client retention statistic was higher than the company average. At the time, a great deal of importance was put on this number across the business.