Remove 2016 Remove Benchmarking Remove Data Remove Retention and Turnover

Benchmarking & What-If Analysis

Vemo

Benchmarking Metric Benchmarking can be a great way to compare your metrics to industry best practices, however accessing relevant benchmarking data for you industry is not always easy to obtain or broadly available for every industry.

How to Calculate Employee Turnover

HRsoft

Analyzing employee turnover can be painful but necessary. As you probably already know, the costs associated with turnover can be damaging for any organization. If you’re not already analyzing turnover data, you can use this quick guide to figure out how to calculate employee turnover.

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Top Five Turnover Causes

HSD Metrics

Data-driven Insights for Employee Retention. ExitRight ® recently updated its ExitRight norms based upon responses to benchmarked questions from all clients during 2016 and 2017. In most industries, pay ranked third in importance out of the top 12 turnover causes.

Top Five Turnover Causes

HSD Metrics

Data-driven Insights for Employee Retention. ExitRight ® recently updated its ExitRight norms based upon responses to benchmarked questions from all clients during 2016 and 2017. In most industries, pay ranked third in importance out of the top 12 turnover causes.

Here’s How IBM Predicts 95% of Its Turnover Using Data

Linkedin Talent Blog

With the cost of replacing an employee sitting anywhere between 30 and 400% of that person’s annual salary, there’s obviously a strong financial case for investing in retention — not to mention the benefits of preserving institutional knowledge and protecting morale.

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. What Is Employee Turnover? A common definition of employee turnover is the loss of talent in the workforce over time. How Does the US BLS Calculate Turnover?

How to Evaluate the Success of Your Company’s Onboarding Program

HR Bartender

The group can agree on things like less turnover, more employee engagement, and increased productivity. The interesting aspect of the model is, it suggests that there’s an inverse relationship between the ease in gathering the evaluation data and the value of the data.

8 Questions to Ask for Effective HR Reports

EmployeeConnect

That’s why staff members complain and protest about inaccurate assessments, data-driven errors and unpopular decisions – HR reporting fails to deliver unless the HR reports dig down into the databases to get the most accurate and relevant performance information, employee profile data and business intelligence. Data-driven decision management , or DDDM, is an approach that uses verifiable data to assist in decision-making processes.

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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.

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

WorkHuman

In addition to the impact on motivation, retention, and productivity, the C-suite is now keenly aware of the financial benefits of focusing on engagement and culture. Can you guess which trend ranked number one on Deloitte University Press’ Global Human Capital Trends report last year?

Engaging the workforce

HR Times

Posted by Alyson Daichendt on September 15, 2016. More than 8 in 10 (85 percent) of the executives responding to our Global Human Capital Trends 2016 survey rated engagement as an important (38 percent) or very important (48 percent) priority for their companies.

ADP 98

Engaging the workforce

HR Times

Posted by Alyson Daichendt on September 15, 2016. More than 8 in 10 (85 percent) of the executives responding to our Global Human Capital Trends 2016 survey rated engagement as an important (38 percent) or very important (48 percent) priority for their companies.

ADP 98

Build Your Team and Increase Engagement with Gamification

HR Daily Advisor

Lack of engagement is a big problem in the modern workforce, but gamification can help trainers and HR professionals find the data they need and increase engagement. There is an engagement crisis in the workplace, and it has profound implications for company performance and staff retention.

Quality of Hire: A Vaguely Valid Metric?

China Gorman

In November I wrote about Linkedin’s 2016 Global Recruiting Trends Report (you can re-read it here ) and took them to task about their methodology. Turns out they did a bit of a miscalculation and corrected data that looked askew. Turnover/Retention.

A new operating model for talent acquisition

HR Times

Posted by Arthur Mazor and Bill Cleary on December 13, 2016. 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.

Unlock the Power of Employee Data

Paycor

According to Bersin by Deloitte Research, in 2016, companies experienced a massive 120 percent increase in correlating their people data to business performance. Obviously, merely mining HR data is no longer enough; your clients are expected to actually do something with it.

Stay Interviews Are the Innovative Thing We Didn’t Know We Needed

Saba

What data told Steve that we would want cell phones that would store downloaded music, making us walk around with buds in our ears? There was no data, just the ideas in Steve’s head. The key to success is found here: It’s the magic and the data of fresh thinking in your company.

A new operating model for talent acquisition

HR Times

Posted by Arthur Mazor and Bill Cleary on December 13, 2016. 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. By centralizing the employee data, HR was able to move the organization toward an “open market” approach to talent and mobility.

How to Measure Quality of Hire

HR Daily Advisor

These organizations take several truly objective measures, such as turnover rates, and look at those measures in coordination with more subjective measures like performance reviews. Cultural fit (as measured by survey data). What data do you include?

The Role of HR in a Candidate Driven Job Market

Synergy

But a comprehensive understanding of an organization’s business objectives will enable HR to better prioritize and plan for talent acquisition, retention initiatives, employee engagement, performance levels and more. Conducting accurate market research into compensation benchmarks.

How HR Can Tackle Diversity Using the Rooney Rule

Visier

Many companies are already setting lofty goals as a result of the call to action: For 2016, Pinterest aims to fill 30% of full-time engineering roles with women and 8% with people of underrepresented ethnic backgrounds.

Retaining Home Healthcare Workers with Employee Engagement Surveys

HR Daily Advisor

Employee retention and satisfaction are more central to leadership agendas and a top priority at strategic planning sessions and industry conferences. Surveys Help Improve Communication and Reduce Turnover.

Talent Management Transformation in the US Healthcare Industry: Q&A with Dr. Kevin Groves

Saba

As with most industry transformations, major shifts in the business environment drive the need to implement significant changes across an organization—including the acquisition, selection, development, and retention of leadership talent.

20 Factors You Need to Include In Your Business Case to Get More Recruiting Budget

Linkedin Talent Blog

So work with the CFO to convert recruiting results like the quality of hire, retention, vacant position days and higher offer acceptance rates to their dollar impact on revenue. A data-driven and metric-rich approach: Everyone at the executive level operates in a data-driven environment.

The Employee Experience Imperative: Q&A with David Johnson

Ultimate Software

A 2016 IBM study showed that 96% of employees in the top quartile of employee experience report high levels of work performance, as opposed to 73% for employees in the bottom quartile. Lower employee turnover.

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KPIs Alone Will Not Fix The Diversity Problem

SuccessFactors

And when it comes to business objectives, KPIs are our go-to benchmark. We know bias in business undermines employee commitment, performance, and retention. We also take a data-driven approach to the analysis of pay discrepancy.

Onboarding: Your Upfront Investment in Employee Performance

Everwise

In today’s increasingly competitive talent market , what if there was a way to improve retention of top employees? Companies are embracing technology to take an innovative employee-experience approach versus the age old employee data management method of onboarding. Better Retention.

The Three C’s of a Great Global Hiring Strategy

General Information Services

But HireRight’s Employment Screening Benchmark Survey for 2018 found out that background checks are not being used nearly enough for either global employees based in the U.S. 15% said they screen employees based outside of the United States — a 2% increase since last year, yet still 4% fewer than 2016. The pursuit of new markets is part of many a company’s long-term growth strategy, as is global expansion. From small businesses to enterprise firms, the key should involve people.

How Hospitals Can Shed 3 Myths Hindering Employee Engagement

HR Daily Advisor

“The latest data from hospitals working with Advisory Board on employee engagement show that institutions can throw away three traditional excuses for middling or lagging performance,” said Sarah Rothenberger, Managing Director, Advisory Board Survey Solutions—in a press release.