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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. The survey, which compiled data from 375 banks, also shows salary and bonus benchmarks for 263 job positions. increase since 2015.

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People Analytics and HR-Tech Reading List

Littal Shemer

If you are interested in additional free resources for data science and R programming, check the comment section of this post. “Technology, data analytics, and artificial intelligence already impact how people work and engage with organizations. Click titles for Kindle versions (Work in progress. First published: May 14th, 2018.

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Why Banking On Your Workforce Boosts Business Results

Visier

In my last post , I discussed how innovative new ideas that drive success come at the intersection of the workforce and the business. Case in point: Banks with lower employee turnover retain more customers. Do branches with higher average performance ratings or training hours for their employees have better customer retention?

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How to Make the Case for Continuous Performance Management

Reflektive

Morgan launched real-time feedback, and Accenture led the way back in 2015, citing bad ROI as the determining factor for eliminating its ratings and annual review program in favor of continuous performance management. You have a retention problem , and it costs up to 200% of an employee’s salary to replace him or her.

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Retain Your Diverse Workforce with a Three-Pronged Approach

Oracle HCM - Modern HR in the Cloud

And despite all the attention placed on talent diversity, women hold just 12 percent of corporate board seats worldwide according to Deloitte’s 2015 study Women in the Boardroom: A Global Perspective. But unfortunately, many of these same companies have not taken as seriously retention of the diverse employees they hired.

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More Big Data Dangers, from Distribution to Interpretation

HR Daily Advisor

Yesterday’s Advisor outlined five big dangers of big data; today, more potential pitfalls of this information resource, including problems with distribution, stratification, and more. ( But dig into the data. Those two outliers are skewing the data. Another type of danger comes from how you array your data. Info 1 to 2.

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How to Use Applicant Tracking for Construction Candidates

BirdDogHR

In fact, a survey from 2015 found that 32% of American employers are having a difficult time finding staff with the right skills. According to a 2015 survey , skilled trades positions are the most difficult jobs in the country to fill. Step 3: Data at Your Fingertips. Retention. (5). Succession Planning. (3).