UKG

JUNE 4, 2021

Knowing which metrics and measurements to focus on is a perennial challenge for CFOs and finance departments, and the current state of workforce management makes it that much trickier. That has also changed the way we will consider which metrics matter most in the near future. Employee retention rates. Health and safety.

Metrics 52

Metrics Hiring Software Staffing Software Onboarding Software 52

Analytics in HR

NOVEMBER 5, 2018

For this article, I have collected 15 of the best HR analytics case studies I’ve come across in the past two years. Each of these case studies are connected with a concrete business impact. For each case study, I will refer to their original publication. 15 HR Analytics Case Studies. Turnover at Experian.

Case Study 95

Case Study Analytics Study HR Software 95

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

Business Management Daily

FEBRUARY 28, 2023

In fact, according to a study by Deloitte, 69% of large organizations have formed a people analytics team with an associated database. The key takeaway from the study is that people analytics are here with a vengeance, which is why HR teams & leaders should get on board sooner rather than later. Why are HR metrics important?

Metrics 111

Metrics HR Software Hiring Software HR Planning 111

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

Precheck

MAY 13, 2019

First and foremost, healthcare organizations need to address problems in the work environment that can lead to employee dissatisfaction, burnout and turnover, and that starts with nursing management. Employers have to address working conditions — including staffing levels — to reduce turnover and improve retention, she says.

Retention and Turnover 111

Retention and Turnover Sexual Harassment Staffing Software Benchmarking 111

Analytics in HR

MARCH 16, 2023

Talent development and retention An Employee Benefits News study shows that the average cost of losing talent is 33% of a company’s annual revenue. Investing in L&D initiatives and rewarding and recognizing good work will reduce turnover and help you retain top talent.

HR Software 112

HR Software Strategy Hiring Software Recruiting Software 112

HRExecutive

NOVEMBER 9, 2023

While the numbers may have employers breathing a sigh of relief that the revolving door has stopped for the time being, experts say, HR leaders shouldn’t get complacent, as high retention driven by macro trends like the economy could lead to disengaged workforces.

Hiring Software 90

Hiring Software Retention and Turnover Planning Tools Onboarding Software 90

Hppy

APRIL 17, 2023

Employee retention is a critical issue for many companies. High turnover rates can be costly, both in terms of financial resources and the negative impact on team morale and productivity. Furthermore, recruiting and training new employees can take a significant amount of time and effort, which can slow down progress and hinder growth.

Retention and Turnover 91

Retention and Turnover Compliance Training Case Study Bonuses and Incentives 91

Hire Road

DECEMBER 11, 2023

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.

Analytics 52

Analytics Hiring Software Onboarding Software Talent Experience 52

Bayzat

FEBRUARY 7, 2024

They offer modules and training programs tailored to the nuances of the local culture, fostering inclusivity and engagement among employees from diverse backgrounds. HR tech platforms offer learning management systems (LMS) and skill assessment tools that enable businesses to identify skill gaps and provide targeted training programs.

HR Software 52

HR Software Hiring Software Onboarding Software Recruiting Software 52

Analytics in HR

FEBRUARY 15, 2022

Workforce analysis takes a broader approach than people analytics by using both employee and ROI data to make informed recruitment, retention, and employee management decisions. The findings can also help organizations avoid biased hiring decisions, reduce ineffective training initiatives, and more. Demand analysis.

Analysis 79

Analysis HR Planning Hiring Software Retention and Turnover 79

15Five

MAY 31, 2023

As part of the application process, we explained the problems that our technology solves, submitted this client Case Study , shared a demo, listed key differentiators, and provided some insights into our unique, people-centric culture. Below are some snippets from the application. Product 2 is Engage , 15Five’s engagement survey product.

HR Software 224

HR Software Onboarding Software Planning Tools Retention and Turnover 224

6Q

JUNE 4, 2023

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. The good news is, you can implement strategies to reduce staff turnover. What is employee turnover?

Retention and Turnover 98

Retention and Turnover Hiring Software Onboarding Software HR Planning 98

Analytics in HR

MARCH 27, 2024

From recruitment and retention approaches to leadership development and policy implementation, DEIB enhances organizations’ functions. In this article, we explore the significance of DEIB training as a strategic investment that unlocks the full potential of both individuals and organizations. Contents What is DEI(B) training?

Harassment 86

Harassment Compliance Training Training Diversity 86

Business Management Daily

JUNE 6, 2023

The global analytics firm Gallup regularly looks at this question in detail, so let’s look at some metrics. 18% less employee turnover for high-turnover organizations. 43% less employee turnover for low-turnover organizations. 28% less theft. 64% less safety incidents (accidents). 58% less patient safety incidents.

Retention and Turnover 52

Retention and Turnover Bonuses and Incentives Video Recruiting Staffing Software 52

Cupa HR

OCTOBER 3, 2023

While the ongoing turnover crisis impacts all of higher ed, supervisors are among the hardest hit. Supervisor retention is especially critical in a time of turnover, as these are the employees we rely on most to preserve institutional knowledge and provide continuity amid transition.

Retention and Turnover 52

Retention and Turnover HR Software Training Compliance Training 52

Analytics in HR

NOVEMBER 2, 2022

Efficiency metrics that HR has traditionally tracked fall under the descriptive analytics category. Turnover : Descriptive analytics could be used to analyze employee turnover rates to compare the annual turnover between two teams or two departments. Descriptive analytics examples. Diagnostic analytics.

Analytics 115

Analytics HR Planning HR Software Staffing Software 115

HSD Metrics

JANUARY 20, 2020

The negative impact of employee turnover on your business can manifest itself in several important ways. To mitigate turnover costs, businesses need to implement proactive strategies designed to reduce attrition. Quantifying Employee Turnover. What Exit Interview Metrics Should Your Business Be Tracking?

Metrics 100

Metrics Interview Software Hiring Software Retention and Turnover 100

Terryberry

APRIL 14, 2023

Every leader wants a high-performing team with low turnover and high morale. On the surface, performance and retention may feel like separate issues. When companies begin focusing on employee engagement, they start to see an increase in performance and retention. It’s clear to see how engaging employees can improve retention.

Employee Engagement 52

Employee Engagement Retention and Turnover Planning Tools Metrics 52

Trusaic

MARCH 19, 2024

Organizations can foster better workplaces by building in opportunity equity into their hiring, promotion, and retention processes. The Cost of Workplace Inequity A study conducted by Pew Research in 2021 found that one of the top reasons U.S. Evaluate hiring and retention practices.

Hiring Software 130

Hiring Software Retention and Turnover Assessment Software Recruiting Software 130

Tandem HR

APRIL 6, 2023

What key HR metrics demonstrate your success or lack thereof? Successful HR leads to talent attraction, retention, employee development, compliance, and other important business success factors. Successful HR leads to talent attraction, retention, employee development, compliance, and other important business success factors.

Metrics 52

Metrics HR Planning Hiring Software HR Software 52

HR Guy

MAY 25, 2023

As a manager, it is essential to understand the metrics that measure employee engagement and how to effectively analyse and use that data to improve your team’s engagement levels. Key Employee Engagement Metrics Measuring employee engagement is crucial for organisations to ensure their employees are satisfied and motivated.

Metrics 52

Metrics Employee Engagement Retention and Turnover Benchmarking 52

HR Shelf

JULY 12, 2022

Due to the global resignation, many employees are leaving their jobs, which is why organizations have started focusing more on employee retention. Here’s a quick fact, employee retention costs way lesser than hiring new employees. What is Employee Retention? This metric is used simultaneously with employee turnover.

Hiring Software 98

Hiring Software Onboarding Software Retention and Turnover Recruiting Software 98

ClearCompany HRM

NOVEMBER 29, 2022

Professional development and ongoing training. A recent Breeze study found that 63% of employees have taken at least one day off due to mental health in the last year. Lost productivity, absenteeism, and employee turnover all result in substantial financial losses. Voluntary turnover alone is thought to cost $630 billion.

ClearCompany 441

ClearCompany Hiring Software Retention and Turnover Planning Tools 441

Zenefits

MAY 9, 2022

Staff retention. Employee turnover has risen dramatically over the last 2 years, primarily driven by: Pandemic-fueled changes in workplace expectations. According to HireVue , 55% of employers have reported higher turnover in 2022 than in 2021. Staff turnover is problematic in several significant ways.

HR Planning 73

HR Planning HR Software Hiring Software Onboarding Software 73

Analytics in HR

JULY 31, 2023

Managing Human Resources involves overseeing all aspects of HR, such as hiring, training, compensating, engaging, promoting, and retaining employees. It includes reviewing organizational and HR metrics to measure HR initiatives’ effectiveness on business results.

HR Planning 57

HR Planning Resources Hiring Software Onboarding Software 57

Hppy

NOVEMBER 21, 2023

AI lеarning platforms can tailor dеvеlopmеnt opportunities and training based on individual goals, strengths and lеarning stylеs. By thoroughly studying past data and behaviours, companies can gain insight into which factors are most likely to influence attrition.

Hiring Software 113

Hiring Software HR Software Recruiting Software Talent Management 113

Cloverleaf

DECEMBER 4, 2023

The Importance of Soft Skills Despite their significance, a common challenge is measuring the effectiveness of soft skills training. Therefore, nuanced solutions include integrating feedback opportunities, performance metrics related to teamwork and communication, and observing changes in workplace dynamics.

Compliance Training 52

Compliance Training Training Assessment Software HR Software 52

15Five

NOVEMBER 28, 2023

Considering the crucial importance of manager effectiveness—it influences nearly every aspect of the work experience and is a top driver of employee engagement, performance, and retention—it’s a little disheartening that so many managers still struggle to perform.

HR Software 175

HR Software Planning Tools Compliance Training Retention and Turnover 175

Bonusly

APRIL 10, 2019

High turnover is a major concern for many organizations. But how do you know if your turnover really is an issue? Let’s take an analytical approach to retention. Turnover is a key HR metric and tends to be understood by leadership as a serious risk. For example, companies often see a turnover spike in January.

Retention and Turnover 61

Retention and Turnover Hiring Software Interview Software Onboarding Software 61

Primalogik

APRIL 11, 2024

To build an inclusive workplace , every organization should prioritize diversity training programs to help employees understand how their unconscious bias affects workplace dynamics—and how to address it. Ultimately, well-designed diversity training programs will foster a more inclusive workplace. The Need for Diversity Training 3.

Compliance Training 52

Compliance Training Diversity Training Strategy 52

Engagedly

JULY 5, 2023

A highly engaged workforce is directly proportional to lower turnover, higher employee morale, and stronger business outcomes. The outcome is a high staff turnover rate and absenteeism in the sector. The banking sector has been facing the highest turnover rates, at 18.6% , according to a Compdata survey.

Employee Engagement 52

Employee Engagement HR Software Industry Retention and Turnover 52

Homebase

MAY 25, 2023

If it isn’t already on your mind, it’s time to look into employee retention strategies and add to your to-do list for 2023. What is employee retention? A company’s ability to retain staff is measured using employee retention rate. Knowing your employee retention rate is a pretty important stat for small businesses.

Hiring Software 52

Hiring Software Retention and Turnover Strategy Planning Tools 52

Analytics in HR

JUNE 15, 2022

HR has a key role to play in helping managers set and track metrics to help them: improve their performance, create a plan, and offer development opportunities. Employee engagement A study by Gallup found that managers account for at least 70% of the difference in employee engagement scores across different departments in a business.

Retention and Turnover 125

Retention and Turnover Compliance Training Metrics Coaching 125

Analytics in HR

JULY 6, 2021

It’s also forcing employers to rethink their talent acquisition and employee retention strategies to keep up to pace with these constant changes. This means that employee retention rate is one of the most important HR metrics that can help you understand how well your organization retains its employees.

Retention and Turnover 77

Retention and Turnover Hiring Software Recruiting Software Interview Software 77

Abel HR

SEPTEMBER 10, 2021

Taking training online. When it comes to making sure your employees are set up for success, so much boils down to your training. Specifically, data show that up to 40 percent of employees leave a new job within a year if they feel that the training is inadequate. Learning management systems.

Hiring Software 52

Hiring Software Staffing Software HR Software Compliance Training 52