Analytics in HR

NOVEMBER 2, 2021

Voluntary turnover is a normal occurrence, as employees seek new opportunities or leave because they are unsatisfied with the current role for a multitude of reasons. The Great Resignation has certainly caused employers to look at their HR practices and what is causing a mass voluntary turnover. One of them is voluntary turnover.

Retention and Turnover 81

Retention and Turnover Hiring Software Interview Software HR Software 81

Visier

DECEMBER 19, 2017

Instead of copying others, you need to identify where you will gain the most advantage from adding to the costs of your workforce — whether it’s by investing in employee perks or weekly retention bonuses. Drill deep into your customer satisfaction scores and worker data to define the optimal ratio.

Retention and Turnover 159

Retention and Turnover HR Software Staffing Software Hiring Software 159

Analytics in HR

NOVEMBER 2, 2022

HR analytics helps HR professionals and their organizations to improve decision-making through data. In simple terms, HR analytics is the collection and interpretation of human resources data to support evidence-based decisions. With data readily available, HR leaders can answer questions and propose solutions with concrete evidence.

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Analytics HR Planning HR Software Staffing Software 115

HRExecutive

MARCH 6, 2024

There’s no shortage of theories on the root causes underlying the increased rate of voluntary employee turnover. Advertisement - Guidance on improving employee retention largely focuses on organizational culture and management of feedback loops, particularly with new hires. See also: 7 talent management trends to watch in 2024 2.

Video Recruiting 105

Video Recruiting Recruiting Software Hiring Software Recruitment 105

Analytics in HR

JUNE 28, 2022

Employee attrition and employee retention are important HR metrics for developing and managing a robust, productive workforce, especially in the context of Great Resignation. Employee attrition and retention are two concepts on the opposite ends that address the same situation. What is employee retention? Why measure retention?

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Retention and Turnover Metrics Employer Branding Talent Experience 129

Achievers

MAY 18, 2022

Increasing employee retention. With the Great Resignation making competition for talent fiercer than ever before, improving employee retention is top of mind for organizations across industries. Everyone sees retirements and other forms of leader turnover, but only 35% of organizations have a formalized succession planning process.

Talent Development 242

Talent Development Talent Experience Hiring Software Planning Tools 242

Analytics in HR

FEBRUARY 19, 2024

HR metrics provide a data-driven approach to managing human capital, offer insights into the effectiveness of HR practices, and ultimately predict the future. These metrics cover a wide range of areas, including recruitment, retention, training, employee satisfaction, performance, and productivity. This list is by no means exhaustive.

Metrics 93

Metrics HR Software Hiring Software HR Planning 93

15Five

NOVEMBER 7, 2023

While HRIS platforms serve as essential repositories for employee data and administrative functions, they were not built to address the complex and dynamic needs of strategic performance management. Their core focus was on data accuracy, compliance, and efficiency in handling routine HR tasks. Recommendations: What should we do?

HR Software 192

HR Software Assessment Software Planning Tools HR Planning 192

Visier

FEBRUARY 20, 2018

Turnover Contagion: Tracing the Source. It’s also a lesson for HR leaders looking to treat a viral event of a different sort: turnover contagion. Turnover contagion happens when people quit their jobs simply because other people are talking about leaving, job searching, or actually jumping ship. Quitting is contagious.

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Retention and Turnover Planning Tools HR Software Visier 153

15Five

APRIL 17, 2024

Gallup research also shows that highly engaged teams see a 43% reduction in turnover. For HR teams who want to spend less time collecting data and more time acting on it, employee engagement software is essential. Are you particularly worried about turnover?

Onboarding Software 212

Onboarding Software HR Software Planning Tools Employee Engagement 212

Visier

JUNE 24, 2020

Succession planning with data. Fictional data used. Fictional data used. Fictional data used. If employees are ready to move into positions of greater responsibility, and are not seeing career progression, this may result in an increased risk of unwanted turnover. Fictional data used. Fictional data used.

Succession Planning 372

Succession Planning Planning Tools Data Talent Experience 372

Visier

NOVEMBER 17, 2021

Fresh data on the rise of burnout reveals UK businesses are on the brink of a retention crisis. With data partner Censuswide, we surveyed 2,000 UK employees to find out more about Britain’s burnout crisis more than 18 months after the onset of COVID-19. It’s not looking good for employee retention.

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Retention and Turnover Hiring Software Recruiting Software Talent Acquisition 327

Analytics in HR

JUNE 15, 2020

Let’s first look at our definitions. For this article, I want to zoom in on the data and metrics that are useful to create in the Strategic Workforce Development process and why. In this article, we will explore the key metrics that you need to prepare your organization for the future.

Metrics 100

Metrics HR Planning Retention and Turnover Hiring Software 100

WorkDove

JANUARY 16, 2024

Employee engagement leads to a high-performing culture, improved employee experience, and increased productivity and employee retention. People-centric performance management recognizes the team member’s unique talents and needs and therefore cultivates an environment focused on engagement, retention, and improved business outcomes.

Employee Engagement 52

Employee Engagement Hiring Software Assessment Software Interview Software 52

Visier

OCTOBER 5, 2021

In addition to the usual resignation trends in younger, less tenured employee populations, new Visier Insights data shows unprecedented resignation rate changes of employees across tenures, or employees aged between 40-45 years, and women. In 2020, people wanted to quit. In 2021, they actually did it.

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Visier Retention and Turnover Compliance Training Analytics 312

Primalogik

JUNE 15, 2023

HR metrics help organisations measure performance data and make sense of it. Examples of HR metrics include cost-per-hire, turnover rates/costs, training and human capital return on investment (ROI), labour/productivity rates and costs, benefits costs per employee, etc.” Recruitment and Retention Cost per hire. Quality of hire.

Metrics 96

Metrics HR Planning HR Software Hiring Software 96

Visier

OCTOBER 5, 2021

In addition to the usual resignation trends in younger, less tenured employee populations, new Visier Insights data shows unprecedented resignation rate changes of employees across tenures, or employees aged between 40-45 years, and women. In 2020, people wanted to quit. In 2021, they actually did it.

Visier 311

Visier Retention and Turnover Compliance Training Analytics 311

HR Lineup

APRIL 3, 2024

In this article, we delve into the nuances of HRM and HRD, exploring their definitions, roles, functions, and significance. Furthermore, both HRM and HRD share the common goal of supporting employee engagement, satisfaction, and retention.

Staffing Software 54

Staffing Software Planning Tools Recruiting Software Retention and Turnover 54

15Five

MAY 19, 2023

To earn their rightful place in high-level conversations, HR leaders must be equipped with a set of definitive metrics on which to base strategic business goals and prove the ROI of HR initiatives. It’s also helpful to reference when asking for support on programs to boost retention.

HR Planning 225

HR Planning Metrics HR Software Hiring Software 225

Bonusly

OCTOBER 31, 2019

When we talk about employee turnover, we mean the number of employees who leave an organization over a specified timeframe, typically one year. On the other hand, employee retention is number of employees an organization keeps during a given period. Retention is the percentage of employees who stay at an organization over a set period.

Retention and Turnover 49

Retention and Turnover Hiring Software HR Software Human Capital Management 49

EngagementMultiplier

JANUARY 18, 2022

Job design is an important element of employee retention and successful recruitment but the concept doesn’t get much attention. A job’s design plays a significant role in employee satisfaction, engagement, and retention. Let’s start with the definition of job design. The problems may be stemming from the job design.

Retention and Turnover 121

Retention and Turnover How To Compliance Training Employer Branding 121

Linkedin Talent Blog

JUNE 29, 2022

HR professionals understand employee turnover better than most people — and not just because their jobs concern the talent lifecycle of all employees. That’s because HR itself has the highest turnover rate of any job function, according to LinkedIn’s latest behavioral data from around the world.

Data 49

Data Retention and Turnover Hiring Software Recruiting Software 49

EngagementMultiplier

DECEMBER 1, 2021

Over the last year, Engagement Multiplier clients experienced 60% less employee turnover than published averages. For the twelve months ended on 30 September, organisations suffered a turnover rate of 57.3%. For the same period, our clients’ average turnover was 23.17%, a 60% difference. Fresh data. These are big numbers.

Employee Engagement 93

Employee Engagement Retention and Turnover Immedis Survey 93

Workable

APRIL 29, 2024

Additionally, issues like retention and talent acquisition continue to hurdle companies in search of the best hires. Talent acquisition and retention Another perennial challenge that has intensified in the current job market is talent acquisition and retention. Technology evolves rapidly, with AI becoming increasingly prevalent.

HR Software 114

HR Software Hiring Software Recruiting Software Interview Software 114

Hppy

JULY 5, 2023

Some would argue that HR and finance are two departments that play the biggest role in employee retention (other than individual teams and team leaders). In other words, they’ll have data regarding when someone’s due a raise or a promotion (to a better-paid position). Saving this money would definitely make a difference.

HR Software 91

HR Software Hiring Software Onboarding Software Bonuses and Incentives 91

Engagedly

JULY 5, 2023

A highly engaged workforce is directly proportional to lower turnover, higher employee morale, and stronger business outcomes. Although the percentage has increased remarkably, not even 1 in every 4 workers is engaged, so there is definite room for improvement. The outcome is a high staff turnover rate and absenteeism in the sector.

Employee Engagement 52

Employee Engagement HR Software Industry Retention and Turnover 52

Visier

APRIL 26, 2021

Being “data-driven” and “insight-led” are common reasons we’ve heard. An equally important part of an organization’s vision is to define the expected value, while also recognizing that desired value is dependent on the data available from which to improve decisions. Quick case study: From vision and goal-setting to real results.

Change Management 195

Change Management Analytics Visier Retention and Turnover 195

PandoLogic

FEBRUARY 20, 2023

Strategic Staffing for Small Businesses Depending on who you ask, you may get different answers regarding the definition of strategic staffing. Planning for retention: keeping your employees happy and stable, so you don’t have to keep hiring repeatedly.

Staffing Software 69

Staffing Software Staffing Hiring Software Recruiting Software 69

HR Bartender

JANUARY 5, 2020

Gathering the right data and information Having a good approach or system for problem solving. One approach to make for better data gathering and problem solving would be to use analytics. Here’s an overview of the four analytics levels and how they could be applied to address a challenge many organizations face: employee turnover.

Analytics 210

Analytics Hiring Software HR Planning Interview Software 210

HR Daily Advisor

NOVEMBER 16, 2018

Every department from marketing to customer success is being pushed to become data-driven. While companies expect their employees to become data driven, HR is still not transforming” van Beerschoten explained. Remember, data beats hierarchy— Gerrit Schimmelpenninck, Talent Intelligence Manager at Philips. But is HR keeping up?

Staffing Software 82

Staffing Software Hiring Software HR Software Recruiting Software 82

HiBob

AUGUST 8, 2022

Employee attrition and retention are like peas in a pod—attrition is the peas, employee retention is the pod. When employee retention is low, you have a problem: Happiness is down, engagement is off, or maybe the economy is strong, and people are leaving for greener pastures. Attrition vs. retention.

Metrics 148

Metrics Retention and Turnover Hiring Software HR Software 148

Visier

NOVEMBER 26, 2015

Here’s how: Step 1- Assess your current turnover and recruitment dynamics. For a moment stop thinking about the future and look at the current state of your turnover and recruitment: Do you know what is driving retention or turnover in critical roles? Why key employees stay or leave?

Workforce Planning 150

Workforce Planning Data Retention and Turnover Visier 150

HR Bartender

OCTOBER 31, 2017

The group can agree on things like less turnover, more employee engagement, and increased productivity. The interesting aspect of the model is, it suggests that there’s an inverse relationship between the ease in gathering the evaluation data and the value of the data. Use Data and Feedback to Evaluate Onboarding Success.

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Onboarding Software Onboarding SilkRoad Retention and Turnover 322

Analytics in HR

OCTOBER 7, 2021

The answer lies in data. While it is impossible to accurately predict all of the future, relying on good data can help you prepare for it the best you can. The potential of data in HR remains largely untapped. The benefits of data-driven decisions are now largely recognized by organizations worldwide.

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HR Software Hiring Software Data Assessment Software 110

Paycor

FEBRUARY 28, 2020

Since 2015, there has been a 242% increase in HR and hiring professionals listing data analysis among their skills on LinkedIn. Reporting is still important, but analytics provides the opportunity to do more with your data. It’s All About Where the Data Comes From. Reporting is about the what ; analytics is about the why.

HR Software 52

HR Software Hiring Software Staffing Software Assessment Software 52

Workify

MARCH 2, 2022

As such, turnover is one of the key concerns for business owners. There’s certainly no escaping turnover to some extent. Enough turnover to ensure you gain fresh new talent, but enough retention to provide your company with stability. Indeed, dysfunctional turnover often proves to be not just disruptive but destructive.

Retention and Turnover 52

Retention and Turnover How To Talent Experience Survey 52

Bonusly

DECEMBER 8, 2022

To boost employee retention and plan for a successful year: Why retention during a recession matters. That’s definitely not what we saw in the 2008 recession when workers were happy to go far beyond their duties just to keep their jobs. times more important than compensation in predicting turnover.

Retention and Turnover 52

Retention and Turnover Hiring Software Talent Experience HR Software 52