article thumbnail

Transforming HR with Metrics and Analytics

HR Digest

Human resources (HR) is a critical function within organizations, responsible for managing employee-related activities and ensuring the organization has the right talent in place to achieve its objectives. In this article, we explore the benefits of data-driven analytics and metrics and how they can be used to improve HR outcomes.

Metrics 105
article thumbnail

People Analytics: The Key to Understanding Talent Retention

Hire Road

Talent retention is a critical aspect of HR. But they often struggle with: Identifying the root causes of high turnover Implementing effective strategies to boost talent retention But fear not! In this article, we’ll discuss how people analytics can transform your talent retention efforts. HR operations know this.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Avoiding Employee Turnover: Long-Term Benefits of a Happy Workforce

6Q

So, when employees are leaving the organisation in droves, it becomes a major cause for concern. A high employee turnover can impact your company’s overall performance and productivity, as well as its bottom line. A high turnover rate is costly since you’ll have to replace employees who have quit the company.

article thumbnail

What Is Human Resources?

Analytics in HR

As a department, it is responsible for managing HR activities from recruitment and onboarding, compensation and benefits, learning and development, performance management, and employee relations to separation or retirement. HR is vital in aligning the organization’s business objectives and employees’ needs and aspirations.

article thumbnail

Want a Career in Human Resources? Your In-Depth (2023) Guide

Analytics in HR

Learning and development: HR helps with employee career development to help upskill employees and address skills gaps. Employee relations: HR provides accurate and timely information to employees to build good working relationships and boost employee engagement and retention.

article thumbnail

11 Common Stereotypes About Human Resources Versus Reality.

Kevin Sheridan

The simple truth is that HR professionals not only must understand the data, but also be able to identify solutions based on various metrics and analytics. A perfect example is having HR regularly calculate and track the employee turnover rate, analyzing the reasons for that turnover, and taking timely action to reduce that turnover.

article thumbnail

Public Companies Respond to SEC Human Capital Disclosure Requirement

Trusaic

The new requirement is in line with the SEC’s recent steps to take a closer look at disclosures related to environmental, societal, and governance (ESG) issues and approve a new board diversity rule for public companies listed on Nasdaq. Employee Compensation. Workforce Composition and Demographics. Recruiting, Training, Succession.