Remove 2015 Remove Benchmarking Remove Data Remove Retention and Turnover

11 Easy Ways to Reduce Employee Turnover

Bonusly

Employee turnover has a major impact on your organization's trajectory, but if you're having trouble with it, you're not alone. Even the best companies struggle with turnover. In this post, we’ll examine employee turnover: what it is, why it costs so much, and how to reduce it.

The Employee Engagement Hoax? What Every HR Professional Needs to Know

Visier

Deloitte’s Global Human Capital Trends 2015 report rated culture and engagement as “the most important issue overall, slighting edging out leadership (the No. 1 issue last year)” in 2015. Employee turnover was around 4%, most of it involuntary or driven by economics.

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How HR Can Tackle Diversity Using the Rooney Rule

Visier

In August 2015, the need for more workforce diversity was spotlighted in a big way when President Obama issued a call to action to technology companies, encouraging them to hire more women and minorities by implementing the Rooney Rule.

What Is Employee Turnover (and Why It Matters)

Zenefits

At some point, if your business is more than one person, you’re likely to deal with employee turnover. According to a Gallup’s 2015 Workforce Panel study, 51% of employees are actively looking for a new job at any given time. What Is Employee Turnover?

The Employee Engagement Hoax? What Every HR Professional Needs to Know

Visier

Deloitte’s Global Human Capital Trends 2015 report rated culture and engagement as “the most important issue overall, slighting edging out leadership (the No. 1 issue last year)” in 2015. Employee turnover was around 4%, most of it involuntary or driven by economics.

How Workforce Analytics Can Take You Beyond The Clock

nettime solutions

When applied to the HR world, workforce analytics help HR staff analyze data relating to productivity levels, performance, if training is effective, and can even predict turnover. Turnover and retention.

Using Employee Feedback Data to Train the Next Generation of Management

Kazoo

Function area leaders in HR and recruiting are subsequently looking to analyze employee feedback data to identify and act on trends in training and retention. What is Employee Feedback Data?

How to Speak With Your Non-Profit Employees About Compensation

Compensation Today

However, when communication about compensation is handled correctly, it can increase employee trust in the organization, improve employee engagement, and decrease turnover. Interested in making compensation discussions easier and more data-driven?

#Employee Feedback Is The Killer App #HR

TalentHQ

As the economy grows and the job market gets hotter, employee engagement and retention have become a top priority. Gallup tells us that only about 1/3 of employees are actively engaged, Glassdoor data shows an average engagement of a C+ (3.1

Glint 84

What’s Your Most Useful Metric? More Results of Our HR Metrics Survey

HR Daily Advisor

Today, more of our findings, including measures of turnover, compensation, and training. 604 individuals participated in the HR Daily Advisor ’s HR Metrics Survey, conducted in April 2015. Measures of Turnover. Regional and industry benchmarking.

View from the HR Tech Show Floor: Top 5 Workforce Trends

Visier

They are varied, but we are seeing HR focus on critical areas such as retention, recruiting, diversity requirements, and generational divides. At HR Tech, we announced our take on what will be top of mind for HR leaders in 2015. HR News & Trends 2015 trends HR Tech

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The Demand for Skills Is Rising … But So Are Demands for Raises

HR Daily Advisor

“Resources can help managers benchmark salaries and better understand the complexities of today’s hiring environment.” ” Driscoll notes there’s more to retention than just offering salary increases. “Maintain internal equity and external competitiveness, with benefits and compensation, and control turnover, but still meet management’s demands for lowered costs.”

How Scarcity and Attrition Might Ruin Recruitment Planning

HR Daily Advisor

Recruiting is a challenge for 2015. Learn what’s happening in the real world with our new research report, Recruiting Best Practices: Finding and Attracting Talent in 2015’s Challenging Business Climate. Also, when you are dealing with a short supply, it may drive the organization to do more retention and more development. What do benchmark data reveal about industry and occupation trends? Turnover rate. What’s working in retention?

5 Questions Senior Leadership should be Asking HR

Cielo HR Leader

Although cost-per-hire is a useful metric for benchmarking whether your recruitment function is under-resourced or operating at peak performance, solely calculating direct cost-per-hire ignores the full organizational cost of recruitment.

Press Release: Leading Talent Assessment Company XBInsight Expands Staff to Support Growth and Business Development Initiatives

The Perfect Hire

PORTSMOUTH, RI – (May 12, 2015) – XBInsight, a sophisticated and innovative talent assessment company and partner to the world’s leading companies, announced today the appointment of several talented professionals to key positions to help support the company’s aggressive growth and business development needs.

15 HR Analytics Case Studies with Business Impact

Analytics in HR

On March 13 2015, the Wall Street Journal published an article titled: “The Algorithm That Tells the Boss Who Might Quit”. This information was provided anonymously to managers so they could reduce turnover risk factors and retain their people better. Turnover at Experian.

The Role Of HR Analytics In Workforce Planning

Get Hppy

The most recent JOLTS , or Job Openings and Labor Turnover Survey published by the US Bureau of Labor Statistics , puts the the latest job openings level registered in November 2015 at 5,431,000(p). The latest data shows that it’s not.

The Employee Experience Imperative: Q&A with David Johnson

Ultimate Software

Lower employee turnover. The factors that affect employee turnover vary by industry and job role, but excessive workload is a top culprit across the board. Starbucks enjoys an annual employee turnover of only 65%, in an industry that averages 150% to 400%.

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Why We Need Retail Employee Engagement Now More Than Ever

Bonfyre

At the National Retailer Federation Big Show 2015 conference, the Answers Corporation announced it had discovered a causal link between retail employee engagement and customer satisfaction in retail. Retail turnover is breaking records–bad ones.

A new operating model for talent acquisition

HR Times

But, they filled open positions 20 percent faster and had 40 percent less turnover in new hires. Many companies have already developed “systems of engagement” for their employees in order to boost retention and motivation. 2 See Talent Acquisition Factbook, 2015.

Banking Industry Plans to Increase Hiring, Salaries in 2018

HR Daily Advisor

The labor market is tightening and turnover is increasing, but banks are planning to grow employment, according to data from the Crowe Horwath LLP 2017 Bank Compensation and Benefits Survey. increase since 2015.

How to Elevate HR (And Keep the C-Suite Happy)

WorkHuman

In the 2015 Deloitte Millennial Survey , 6 in 10 millennials said “sense of purpose” is part of the reason they chose to work for their current employers. According to CEOs, the sweet spot is where HR is leading organizational culture, driving purpose, and making data-driven decisions.

A new operating model for talent acquisition

HR Times

But, they filled open positions 20 percent faster and had 40 percent less turnover in new hires. Many companies have already developed “systems of engagement” for their employees in order to boost retention and motivation. A large retailer was struggling with high employee turnover, a lack of focus on the candidate experience and overall brand/social presence as it tried to raise the level of talent in the organization. 2 See Talent Acquisition Factbook, 2015.

Engaging the workforce

HR Times

Performance and retention: Organizations with engaged workers may have employees who are 57 percent more effective and 87 percent less likely to leave than organizations with low engagement. This retention aspect is particularly pertinent.

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Engaging the workforce

HR Times

Performance and retention: Organizations with engaged workers may have employees who are 57 percent more effective and 87 percent less likely to leave than organizations with low engagement. This retention aspect is particularly pertinent.

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The Art of Building a Solid Human Capital Strategy

Paycor

You can also click through to our benchmarking quizzes to see where your company either falls short or is doing it right. It’s important that your recruiters are making data-driven hiring decisions. Even though these disengaged employees might not be your best, any turnover is costly.