HSD Metrics

MAY 17, 2018

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 our most recent norm analysis, we found interesting results by industry—and for employee turnover as a whole—that we’d like to share.

Retention and Turnover 40

Retention and Turnover Metrics Benchmarking Interview Software 40

HSD Metrics

MAY 17, 2018

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 our most recent norm analysis, we found interesting results by industry—and for employee turnover as a whole—that we’d like to share.

Retention and Turnover 40

Retention and Turnover Metrics Benchmarking Interview Software 40

Ceridian

APRIL 6, 2016

If you work in the human capital management industry today, you’re probably feeling a constant sense of pressure to maintain strong employee retention and productivity at your office. ” The reality is that money matters, but there’s a lot more that’s important besides compensation.

Human Capital Management 40

Human Capital Management Retention and Turnover Staffing Software HR Software 40

Unicorn HRO

JANUARY 26, 2016

In 2016, we will continue to see the fast paced evolution of existing HR technologies as more and more organizations incorporate these into their daily work practice. Here are just a few of the trends we can expect to see in 2016.

Recruiting Software 40

Recruiting Software Planning Tools HR Software Assessment Software 40

HR Morning

AUGUST 24, 2016

And employees list financial compensation, benefits, and growth and earnings potential as the top factors influencing their potential retention. The survey was conducted between April and July 2016, and includes responses from 967 companies representing a cross section of industries. But pay raises for U.S.

Bonuses and Incentives 40

Bonuses and Incentives Survey Staffing Compensation 40

HRExecutive

DECEMBER 28, 2015

the ability to properly interpret and analyze data and build related frameworks in the case of people analytics adoption; and ability to expertly market a “case for change” if an HR transformation effort is in order. Below are two trends I’ve excerpted from a new White Paper I co-authored entitled “ HR Technology Trends to Watch in 2016.”

HR Software 48

HR Software Trends Planning Tools Retention and Turnover 48

Visier

JULY 14, 2016

90% of technology CEOs are confident about their revenue growth in 2016 , according to PWC’s 19th Annual Global CEO Survey. A data-driven approach can provide the actionable insights HR needs to get the upper-hand and succeed. The good news?

Hiring Software 150

Hiring Software HR Software Recruiting Software Planning Tools 150

HR Digest

SEPTEMBER 20, 2022

We’ll highlight the use of data in optimizing employee experience, the importance of people analytics in creating a better organizational structure, real-world insights from interviews with HR leaders on how to win with people analytics and people analytics tools for HR to maximize business impact. How to use data in people analytics?

HR Software 52

HR Software Hiring Software Analytics Recruiting Software 52

Paycor

MARCH 22, 2018

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. How they can manage labor expenses.

Data 40

Data HR Planning Planning Tools HR Software 40

Reflektive

JUNE 28, 2018

Frehse pointed to a 2016 survey of CFOs in which 63% of respondents said that measuring employee engagement is not a priority for their companies. The CFO is naturally driven by data, so the human resources team needs to provide metrics that illustrate the value of performance management initiatives. Click To Tweet. Click To Tweet.

Performance Management 133

Performance Management CHRO HR Software Recruiting Software 133

Visier

NOVEMBER 12, 2015

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. Xerox is aiming for 34% of the executive leadership team to be female within the next five years.

Hiring Software 150

Hiring Software Diversity HR Software Recruiting Software 150

Terryberry

OCTOBER 16, 2023

This can involve fair compensation, retirement savings plans, and financial education programs. A healthy, satisfied, and engaged workforce tends to be more productive, innovative, and less likely to experience burnout, turnover, or absenteeism. Consequently, many organizations invest in programs designed to improve employee wellbeing.

Recruiting Software 52

Recruiting Software Campus SaVE Assessment Software Planning Tools 52

Compensation Today

AUGUST 8, 2017

With so many compensation data sources available to employees, they are increasingly coming to meetings and interviews equipped with data, expecting to have very open conversations about pay. Before pulling the doors off, consider your organizational culture and compensation plans. Or maybe it’s your silverware.

Planning Tools 90

Planning Tools Compensation Payscale Assessment Software 90

HR Daily Advisor

FEBRUARY 28, 2017

A perception of fair pay is imperative in employee retention. Today’s nearly unfettered access to pay data could lead employees to inaccurate conclusions about how their own pay stacks up against that of their counterparts. This belief can sap morale, leading to reduced productivity and higher turnover.

Compensation 40

Compensation Compliance Training Retention and Turnover Planning Tools 40

Fond

MARCH 11, 2021

Many companies couple performance reviews with compensation reviews as well, which can muddy the process even further. Turnover is higher than ever, and the focus has now shifted to employee retention, not evaluating who to dismiss. Today’s workforce is focused on continuous improvement and employee retention. The reason?

Interview Software 98

Interview Software HR Software Retention and Turnover Video Recruiting 98

HR Daily Advisor

JULY 13, 2017

For years, managers from marketing to IT used big data to make smarter business decisions. Now, HR’s embracing it too—and taking big data a step further. We’re doing this by applying analytics to HR data. That’s why the latest data geeks can be found in HR.). The talent acquisition team turned to data.

HR Software 73

HR Software Hiring Software Recruiting Software Analytics 73

Paycor

APRIL 25, 2018

Your human resources department is sitting on a massive amount of data that can help you make more strategic HR decisions. Bersin by Deloitte Research indicates that in 2016, companies experienced a 120% increase in linking their people data to organizational performance. Make Better HR Decisions with Data. Overtime Data.

Video Recruiting 40

Video Recruiting HR Planning Hiring Software HR Software 40

Zenefits

JANUARY 23, 2018

Decrease turnover/increase retention. However, they remain abstract and nebulous—how exactly are you going to decrease turnover? We’re going to increase retention!” Decrease turnover/increase retention. Rate your satisfaction with your compensation. For example: Business Objective. Reduce costs.

HR Software 31

HR Software Onboarding Software Hiring Software Retention and Turnover 31

Semos Cloud

SEPTEMBER 25, 2023

In tandem with skyrocketing burnout numbers, a Gartner survey showed that employees’ willingness to support enterprise change collapsed to just 43% in 2022, compared to 74% in 2016. This reduced loyalty can further contribute to turnover and disengagement issues. A great way of addressing employee burnout is via an R&R solution.

HR Software 59

HR Software Planning Tools How To Retention and Turnover 59

Zenefits

AUGUST 9, 2017

1 – Data-Driven HR. Today, big data and people analytics help make sense of important HR data points. This includes information on compensation, diversity, turnover, and more. . And this type of data will only become more critical for businesses. And data shows that company leadership is listening.

HR Software 43

HR Software Hiring Software Onboarding Software Recruiting Software 43

HR Daily Advisor

JULY 7, 2017

Instead of functioning solely as a department dedicated to keeping your “human resources” in check (and in compliance), HR evolved to support the new demand for creating a thriving company culture and increasing not only performance, but also retention of top employees to minimize costs of churn, and create a highly-engaging environment.

HR Software 69

HR Software HR Planning Hiring Software Recruiting Software 69

Oracle HCM - Modern HR in the Cloud

FEBRUARY 1, 2016

Join us for a webcast with Lois Collins, VP of HR for Ruby Tuesday, on Wednesday, February 10, 2016, 1 p.m. When Ruby Tuesday started its journey of digital transformation in talent management, employee turnover was a few percentage points above the industry average—and it’s now significantly below. EST. Register here.

Oracle 40

Oracle Video Recruiting Retention and Turnover Human Capital Management 40

Visier

AUGUST 13, 2019

This means looking beyond just compensation and digging into the data to see how wage changes will impact areas such as: Job Satisfaction. As the floor for compensation moves up , it’s not just the people below the line who feel the impact–the employees who are above the line may also need to see changes.

Wage and Hour Training 150

Wage and Hour Training Hiring Software Retention and Turnover Planning Tools 150

The HRX

FEBRUARY 13, 2019

As organizations of all shapes and sizes struggle to curb employee turnover, technology enables cultural improvements that keep employees engaged. In 2016, Gallup found it was just 29% for Millennials. To solve for this lack of engagement, many organizations prioritize improvements in areas like compensation and benefits.

HR Software 40

HR Software Retention and Turnover Data Employee Engagement 40

Visier

DECEMBER 14, 2017

With voluntary resignations at an all-time high and unemployment rates historically low, employee retention is a key objective for most HR organizations, and employee turnover is the single most prevalent HR metric. Why should HR make employee retention a priority? The problem was that HR had no data to prove it.

Analytics 150

Analytics HR Software Retention and Turnover Hiring Software 150

HR Daily Advisor

JANUARY 8, 2018

According to a 2016 McKinsey & Company report, “[m]anagers and staff alike too often view [it] as time consuming, excessively subjective, demotivating, and ultimately unhelpful. It may even undermine their performance as they struggle with ratings, worry about compensation, and try to make sense of performance feedback.”.

HR Software 38

HR Software Performance Management Retention and Turnover Coaching 38

6Q

JUNE 15, 2023

Focus on understanding employees’ core needs and vision for growth to reduce turnover. In a world of “quiet quitting”, “the great resignation”, and the power dynamic shift from employer to employee, organisations can no longer afford to look past the importance of employee retention.

HR Software 105

HR Software Planning Tools Onboarding Software Talent Experience 105

Visier

SEPTEMBER 30, 2016

With voluntary resignations at an all-time high and unemployment rates historically low, employee retention is a key objective for most HR organizations, and employee turnover is the single most prevalent HR metric. However, knowing your turnover rate does little to support strategic business plans.

Analytics 150

Analytics HR Software Retention and Turnover Hiring Software 150

Hoops

FEBRUARY 23, 2018

Recent Studies Detail Correlation Between Employee Engagement and Retention. The most serious challenge facing Human Resources is not benefits, compensation, or performance management. For two years running, the top two HR challenges have been employee retention and employee engagement. Deloitte Millennial Survey.

Employee Engagement 100

Employee Engagement Study Globoforce Retention and Turnover 100

Vantage Circle

FEBRUARY 24, 2023

They should thus, be motivated and compensated equitably. For example, The Wells Fargo scandal resulted in a $185 million fine by the Consumer Financial Protection Bureau (CFPB) in 2016. You can measure employee connection through surveys, employee retention statistics, turnover rates, and observing employee behavior and interactions.

Hiring Software 104

Hiring Software Assessment Software Planning Tools How To 104

Visier

MAY 31, 2017

Big Data is one of the buzzwords of digitalization. The analysis of large quantities of revealing data from many areas of professional and private life is here to stay. Big Data plays just as crucial a role in online shopping as it does in the financial sector, or in using a navigation device to find the fastest route.

Analytics 0

Analytics Assessment Software HR Planning HR Software 0

Vantage Circle

DECEMBER 19, 2022

A strong company culture can improve employee retention, boost morale, and increase productivity. According to a study of about 34 million online employee profiles, “a toxic corporate culture is by far the strongest predictor of industry-adjusted attrition and ten times more important than compensation in predicting turnover.”

Hiring Software 96

Hiring Software Company HR Software Interview Software 96

WorkHuman

JANUARY 26, 2017

Retention and employee experience are two sides of the same coin. The day before I was going to give my notice, my manager started a discussion about compensation. My story is not unique, which is why retention remains a serious issue for HR and business leaders. In September 2016, the ratio was 1.4. RELATED POSTS.

Talent Experience 70

Talent Experience Globoforce Retention and Turnover Survey 70

Vantage Circle

JANUARY 9, 2024

Payroll Management : Automated payroll processing to ensure accurate and timely compensation. Compensation and Benefits: Compensation Planning : Helps design and manage salary structures, bonuses, and other forms of compensation. Audit Trails : Maintains a record of changes to employee data for compliance purposes.

HR Software 64

HR Software Hiring Software Onboarding Software Planning Tools 64

ForUsAll

JULY 16, 2018

Employee turnover is a frustrating problem. Employee turnover is a really difficult problem to fix, too. Employee turnover isn’t an unsolvable problem. We’ve assembled a list of strategies that several companies – both large and small – have used to knock their employee retention out of the water.

Retention and Turnover 40

Retention and Turnover Hiring Software Video Recruiting Interview Software 40

Empuls

JANUARY 11, 2022

In their data, the laggards were organizations that had an average of 8% female representation on their executive teams—and no ethnic-minority representation at all. Companies in the top quartile for both gender and ethnic diversity are 12 percent more likely to outperform all other companies in the data set.

Diversity 98

Diversity Hiring Software Recruiting Software Background screening 98

Visier

NOVEMBER 15, 2017

With voluntary resignations at an all-time high and unemployment rates historically low, employee retention is a key objective for most HR organizations, and employee turnover is the single most prevalent HR metric. However, knowing your turnover rate does little to support strategic business plans.

Analytics 284

Analytics HR Software Retention and Turnover Hiring Software 284