Remove 2015 Remove Metrics Remove Reference Remove Retention and Turnover
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What is Voluntary Turnover? Definition, Causes, and Calculation

Analytics in HR

Voluntary turnover is a normal occurrence, as employees seek new opportunities or leave because they are unsatisfied with the current role for a multitude of reasons. The Great Resignation has certainly caused employers to look at their HR practices and what is causing a mass voluntary turnover. One of them is voluntary turnover.

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Reporting vs Analytics in HR: 5 Things HR Leaders Need to Know

Paycor

Since 2015, there has been a 242% increase in HR and hiring professionals listing data analysis among their skills on LinkedIn. People Analytics, Workforce Analytics and HR Analytics have become buzzwords in HR and they all refer to the same thing—but what is that exactly and how does it differ from regular HR reporting?

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15 HR Analytics Case Studies with Business Impact

Analytics in HR

For each case study, I will refer to their original publication. 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.

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How To Reduce Employee Turnover Rate [2021 Update]

DailyPay

Monitoring and assigning a dollar figure to employee turnover is important for a business in any industry. Researching the cost of turnover can be difficult because there are many qualitative and quantitative elements that go into determining the true cost of turnover for an organization. What are the causes of turnover?

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How Company Culture Shapes Employee Engagement?

Engagedly

Both are important and closely related, but they differ in nature, and hence, measuring a company’s culture and employee engagement requires specific metrics. Engaged employees add a multitude of benefits to an organization, which include increased productivity, stronger customer relationships, and decreased turnover, to name a few. .

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Employee Value Proposition: All You Need to Know

Analytics in HR

Pawar and Charak (2015) define the employee value proposition as the one of a kind arrangement of benefits an employee gets consequently for the skills, capabilities, and experience they convey to an organization. Gartner reports that companies that effectively deliver on their EVP can lower their annual employee turnover by as much as 69%.

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The Growing Trend of Gamification in HR

Engagedly

However, if the badges are tied to rewards or promotions, then the desire to meet those metrics only intensifies. One 2015 study suggests that gamification includes 75% psychology and 25% technology. The value of gamification as a tool to reduce turnove r is quite apparent.