15Five

MAY 19, 2023

According to Gartner, 58% of organizations say a lack of relevant metrics to track HR progress is one of the top barriers to effective strategic planning. Most other business functions have a standard set of metrics that show the effectiveness of their team and how they’re contributing to the company’s bottom line (e.g.,

HR Planning 226

HR Planning Metrics HR Software Hiring Software 226

Vantage Circle

DECEMBER 19, 2023

Employee retention is pivotal for businesses that cultivate a productive and satisfied workforce. High employee turnover is costly and disruptive. Companies with data-driven PeopleOps teams use a range of metrics to gauge their success in retaining their workforce. This article explores these employee retention metrics.

Metrics 106

Metrics Hiring Software Retention and Turnover Assessment Software 106

ClearCompany HRM

APRIL 13, 2023

That can lead to lower engagement and expensive turnover. Improve employee retention with In-house hiring can also keep annual hiring costs down since ATS subscription costs are typically far less and charge per user vs. per hire.

Hiring Software 209

Hiring Software ClearCompany Recruiting Software Interview Software 209

Homebase

JUNE 22, 2023

That’s why employee retention is important, especially in the construction industry. As of 2021 , the construction industry had an average turnover rate of 68%—higher than most other industries, where the average hovers between 30-40%. What is employee turnover? Employee turnover is when workers leave the business they work for.

Hiring Software 52

Hiring Software Industry Retention and Turnover Recruiting Software 52

Visier

AUGUST 23, 2021

Examples include sales targets, customer retention, and increased profitability. Career path refers to the progression of employees’ careers. Employee Retention. Companies keep an eye on retention rates to see what’s currently working and better understand what they can do to keep their talented employees.

HR Planning 195

HR Planning HR Software Hiring Software Staffing Software 195

Pingboard

JULY 7, 2021

In this post, we’ll go over 20 HR metrics — qualitative and quantitative — that will deliver the clearest insights for your organization. . What Are HR Metrics? . For that reason, they’re also referred to as HR key performance indicators (KPIs). . As you’ll see, HR metrics include a wide range of core and non-core areas like: .

Metrics 52

Metrics Hiring Software HR Software HR Planning 52

COATS Staffing Software

JUNE 20, 2023

However, one common challenge faced by staffing firms is turnover among their temporary workforce. High turnover can lead to increased costs, decreased client satisfaction, and a negative impact on overall business performance. When your turnover rate is high, your employees average a shorter tenure with your firm. 1 from 2021.

Staffing Software 26

Staffing Software Staffing Retention and Turnover Hiring Software 26

Empuls

SEPTEMBER 29, 2023

However, amid all this unpredictability, there’s one trend that managers have come to recognize – the high turnover rate. With the challenges of demanding customers, repetitive tasks, and, sometimes, stringent performance metrics, it's no surprise that keeping employees motivated and satisfied can be challenging.

Hiring Software 40

Hiring Software HR Software Recruiting Software Staffing Software 40

Achievers

DECEMBER 11, 2023

The vacancy may have arisen due to organizational expansion, turnover, the creation of a new position, or other factors. A well-constructed job description helps attract qualified candidates and serves as a key reference point for both recruiters and applicants throughout the hiring process.

Video Recruiting 187

Video Recruiting Recruiting Software Hiring Software Staffing Software 187

Intoo USA

AUGUST 29, 2023

Employee attrition is a crucial metric that measures the rate at which employees leave an organization over a specific period. To mitigate these effects, organizations need to implement effective employee retention strategies that foster employee engagement and create a more stable and productive workplace.

Retention and Turnover 171

Retention and Turnover Hiring Software Retirement Compliance Training 171

Vantage Circle

JANUARY 10, 2024

Employee turnover is an unavoidable and mostly reality in business. However, developing a strong retention strategy centered around meaningful metrics can lead to happier, more productive employees and significant cost savings for a company. As an HR professional, what retention metrics should you be tracking?

Metrics 59

Metrics Retention and Turnover HR Software Benchmarking 59

Analytics in HR

FEBRUARY 28, 2024

Importance of HR analytics HR analytics examples Key HR metrics Data analytics in HR: How to get started How to transition from descriptive to predictive and prescriptive analytics in HR HR analytics certification FAQ What is HR analytics? Example: Annual employee turnover rate.) What is HR analytics used for?

HR Planning 109

HR Planning Analytics HR Software Hiring Software 109

Vantage Circle

JANUARY 10, 2024

Employee turnover is an unavoidable and mostly reality in business. However, developing a strong retention strategy centered around meaningful metrics can lead to happier, more productive employees and significant cost savings for a company. As an HR professional, what retention metrics should you be tracking?

Metrics 52

Metrics Retention and Turnover HR Software Benchmarking 52

Vantage Circle

JANUARY 10, 2024

Employee turnover is an unavoidable and mostly reality in business. However, developing a strong retention strategy centered around meaningful metrics can lead to happier, more productive employees and significant cost savings for a company. As an HR professional, what retention metrics should you be tracking?

Metrics 52

Metrics Retention and Turnover HR Software Benchmarking 52

HiBob

FEBRUARY 13, 2023

One of the best ways to understand how to translate organizational needs into new hires and guarantee a strong team with high-quality professionals and low attrition rates is to leverage workforce planning metrics. What are workforce planning metrics? Use the tenure distribution metric to understand who your high-potential talent is.

Workforce Planning 148

Workforce Planning Metrics Planning Tools Hiring Software 148

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. Let’s take a look at the commonly used HR metrics and how you can track and utilize them in your organization. Contents What are HR metrics?

Metrics 93

Metrics HR Software Hiring Software HR Planning 93

EmployeeConnect

MARCH 1, 2023

Human resources metrics are measurements used to assess the effectiveness of various HR activities in an organisation. These HR metrics help professionals to analyse their policies and practices, identify areas for improvement, and make data-driven decisions. A high turnover rate is significant in debunking organisational issues.

Metrics 130

Metrics HR Planning HR Software Data 130

Analytics in HR

MARCH 21, 2023

It is also referred to as termination , planned or voluntary resignation, structural changes, and layoffs. Difference between attrition and turnover Attrition and turnover are two different concepts that describe the departure of staff from organizations, and they can have different impacts on the business.

Hiring Software 106

Hiring Software Retention and Turnover Compliance Training Compensation 106

Business Management Daily

JUNE 21, 2023

Employee turnover has been on the rise for many years now in the US, and that trend isn’t set to change anytime soon. In fact, voluntary turnover is set to hit 35% in 2023 , which has been steadily rising since hitting an all-time high in 2018. What’s employee turnover rate?

Metrics 52

Metrics Retention and Turnover Hiring Software Onboarding Software 52

Terryberry

MAY 16, 2024

Thousands of various data points and metrics can be used to describe your workforce, but gathering all of the data in one place and seeing it in an easy-to-understand format can be tricky. Workforce analytics software compiles all of your data in a central location, where you can evaluate and compare a variety of metrics.

HR Software 52

HR Software Hiring Software Recruiting Software Planning Tools 52

Dr. John Sullivan

DECEMBER 10, 2023

The silliest practice in retention is counting all quits equally in your turnover calculations. Descriptors … retention/good turnover – eye-opening – how to – data-rich – 4 min. They are Devastating, Regrettable, Average, and Good Turnover in descending order of impact. This practice is silly and naïve.

Retention and Turnover 78

Retention and Turnover Harassment Talent Experience Talent Management 78

Peoplebox

MAY 28, 2024

Turnover and attrition are two critical human resources metrics that measure employee departures. In this blog post, we will examine the differences between turnover vs attrition and explore their impact on organizational dynamics, employee retention strategies, and overall workplace stability. What is Employee Turnover?

Hiring Software 52

Hiring Software Retention and Turnover Onboarding Software Planning Tools 52

Analytics in HR

JULY 7, 2023

Future-ready HR business partner role and responsibilities HR Business Partner skills and competencies HR Business Partner metrics How to become an HR Business Partner HR Business Partner vs. HR Manager HR Business Partner vs. HR Generalist HR Business Partner salary FAQ What is an HR Business Partner? Check out our HR Business Partner 2.0

HR Planning 118

HR Planning HR Software Retention and Turnover Hiring Software 118

Business Management Daily

FEBRUARY 28, 2023

With that in mind, how do you know which KPIs and HR metrics to track at your organization? After all, there are tons of HR metrics that you can track by analyzing employee data, including turnover rate, absenteeism , employee turnover, retention rate, and many others. Why are HR metrics important?

Metrics 111

Metrics HR Software Hiring Software HR Planning 111

HR Digest

DECEMBER 2, 2023

With numbers as big as these and burnout at an all-time high, it becomes increasingly important to take employee retention strategies seriously and explore what they can do to connect with their employees. This is why employee retention strategies are important. How to Improve Employee Retention? million U.S. million each month.

Strategy 96

Strategy Retention and Turnover Planning Tools Onboarding Software 96

Analytics in HR

AUGUST 2, 2022

To measure and track this along the way, employee onboarding metrics help you understand your new hires’ experience, how fast they are onboarded, and what excites them about their job and the organization. . Let’s have a look at onboarding metrics you should track. Common onboarding metrics. New hire turnover.

Metrics 124

Metrics Onboarding Software Onboarding Retention and Turnover 124

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?

Retention and Turnover 128

Retention and Turnover Metrics Employer Branding Talent Experience 128

Achievers

JANUARY 15, 2021

By tracking key HR metrics, you can see where your organization is strong and what needs improvement. Here are 24 valuable metrics that you should be measuring and analyzing. These metrics are great indicators of the strength of your hiring process. Employee turnover. Recruitment. Time to hire. Employee feedback.

Metrics 144

Metrics HR Software Hiring Software Recruiting Software 144

EmployeeConnect

MARCH 29, 2023

Quiet quitting refers to the act of resigning from a job without making a formal announcement. The cost of employee turnover resulting from quiet quitting may impact the organisation’s bottom line. This practice of leaving a job is becoming a growing trend in business workplaces.

Strategy 130

Strategy Trends Video Recruiting Recruiting Software 130

Extensis

JULY 14, 2022

But with so many HR metrics available to measure, which are the most important? From turnover rate to revenue per employee, let’s explore the 14 most critical HR metrics for today’s SMBs. Here are 14 HR metrics that may prove to be valuable for smaller companies to track and analyze, and how to calculate them.

Metrics 98

Metrics HR Planning HR Software Hiring Software 98

Analytics in HR

AUGUST 3, 2023

Even though the term is often used interchangeably with employee turnover , it’s not the same. Employee attrition vs. employee turnover Types of employee attrition Is employee attrition always bad? Employee turnover measures all employment terminations, including those positions that are refilled by new employees.

Hiring Software 70

Hiring Software Planning Tools Recruiting Software HR Software 70

Dr. John Sullivan

APRIL 28, 2024

Article Descriptors | Recruiting /Retention – A Checklist Of New-Hire Stay Factors – 4 Min. These stay factors fall into four distinct categories: people that influence retention, a high level of interest/commitment to the company, traits of this candidate, and elements of the job that will increase retention. Which is puzzling.

Retention and Turnover 78

Retention and Turnover Hiring Software Screening Hiring 78

Analytics in HR

MARCH 16, 2023

Talent strategy (often referred to as talent management strategy or talent acquisition strategy) is essential if organizations want to ensure they have the right talent in the right place to meet their long-term financial, marketing and operational goals and objectives.

HR Software 111

HR Software Strategy Hiring Software Recruiting Software 111

Acendre

MAY 19, 2023

It is emerging as powerhouse solution for measuring recruitment success (and retention success). Let’s take a look at some of the alluring benefits Mazor references. And truthfully, it’s a game-changing resource if you’re used to relying on your better judgement, making do with inadequate vanity metrics, or both!

Talent Acquisition 52

Talent Acquisition Recruiting Software Hiring Software Recruitment 52

ClearCompany HRM

SEPTEMBER 21, 2022

Companies with high engagement scores report better outcomes , including increased customer loyalty, reduced employee turnover, and fewer safety incidents. Retention of employees comes down to whether or not they’re satisfied in their role. Determine your metrics. The 6 stages of the employee journey. Career development.

ClearCompany 420

ClearCompany Talent Experience Retention and Turnover Onboarding Software 420

Hireology

NOVEMBER 24, 2020

Outside of strategic time management, one of the easiest ways to put more time back in your day and get more done is to manage your daily, weekly, and monthly operations through the use of performance metrics. Recruitment Performance Metrics to Track. Retention rates and turnover. Reference Checks.

Recruiting Software 92

Recruiting Software Hiring Software Aptitude Tests Assessment Software 92

PCS

FEBRUARY 27, 2023

Talent Management Talent management refers to the full range of HR practices and processes for attracting, developing, and retaining highly efficient employees. These are the talent management metrics that enable HR to monitor what they do and how well they do things. An effective strategy should address these points.

Employer Branding 52

Employer Branding HR Software Hiring Software Staffing Software 52