Describe the Principles of Retention of Records.
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Explanation:
Employee retention rate is a helpful statistic for an employer to calculate – both as a benchmark and periodically (ex: quarterly or bi-annually). The formula is simple. Divide the number of employees who left during a period by the total number of employees at the end of a period to get the percentage.
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Principle of Availability - An organization shall maintain records in a manner that ensures timely, efficient, and accurate retrieval of needed information. ... The Principles were vetted through a public call-for-comment process involving the professional records information management (RIM) community.
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