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Crucial HR KPIs you need to make data-driven decisions

Business Management Daily

These are all questions that measure the effectiveness of your human resources department, and the best way to answer them is by paying attention to essential HR KPIs (key performance indicators). Yet, there’s no shortage of human resources KPIs out there, so how do you know which you should track?

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How To Set Your Recruitment Goals In 2024

Analytics in HR

These goals may include specific areas such as: Employer branding : For example, increase positive brand perception among potential candidates. Measurement and evaluation: For instance, establish objectives and key results ( OKRs ) to measure and improve recruitment effectiveness. If not, adjust your KPIs for the year ahead.

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Recruitment ROI Explained Plus How To Calculate It (in 2024)

Analytics in HR

Recruitment ROI helps organizations assess the efficiency of their hiring strategies, make informed decisions on where to invest in talent acquisition , and identify areas for improvement to optimize recruitment processes and outcomes. Different benchmarks list various time-to-hire averages. Improve resource allocation.

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What Is Strategic Planning And How To Do It Right In 5 Key Steps

HR Tech Girl

When your organization understands its priorities and the initiatives that will support them, you can set aside budgetary resources accordingly. Customer feedback, including areas for improvement and suggestions for additional services. Check out our list of the best strategic planning software platforms on the market today.

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Gamification in the Workplace: Introduction, Benefits, Tips, and Examples

Engagedly

Here, we highlight three commercial advantages of gamification adoption that demonstrate it is worthwhile for your organization to invest time, money, and resources in: Enhanced Security: Since 40% of IT security breaches result from human error, investing in your staff’s cybersecurity education will always pay off.

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HR Business Partner: All You Need To Know About the Role

Analytics in HR

Human Resources Business Partners are usually found in larger companies and may oversee many employees. This is the person with the job function title Human Resource Business Partner, who is the strategic liaison between HR and the business. So far, we’ve talked about the HRBP as a job function.

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FTE vs. Headcount: The Key Differences HR Should Know

Analytics in HR

FTE vs. headcount : What exactly is the difference between these two resource management methods and how can HR use them effectively in planning and reporting? FTE and headcount as resource management methods have benefits and drawbacks, which will be unpacked further in the article. FTE example: 1. To conclude.