Remove 2016 Remove Metrics Remove Retention and Turnover Remove Wellness

How To Reduce Employee Turnover with Workforce Analytics

Visier

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?

How To Reduce Employee Turnover with Workforce Analytics

Visier

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 4 Metrics You Must Track (And What to Do With Them)

TLNT: The Business of HR

Historically, human resources hasn’t exactly been high on the list of departments that make use of metrics. If we in the HR world truly want to create stronger, more productive organizations, it’s time we become metrics evangelists as well.

10 Workforce Intelligence Cures for Improving Nurse Retention

Visier

Even though healthcare has been projected to add 4 million jobs — more than any other industry — between 2012 and 2022 , turnover is high and hospitals perennially face a shortfall of registered nurses (RN). Here are the steps to achieving this: Identify your Retention Problem.

Compensation Dictionary

what, the metrics the employee is measured against, and so forth. Changes are currently being considered regarding what types of jobs can be classified as exempt or non- exempt under FLSA–set to go live in 2016. turnover, and difficulty recruiting.

How Foot Locker Can Reduce Employee Turnover with Workforce Analytics

Visier

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?

HR, It's Time to Improve Your Employee Retention Strategy

Cornerstone On Demand

Always top of mind these days, employee turnover is a critical and costly issue for companies across the U.S. The number of people changing jobs has increased dramatically over the last few years, sneaking past pre-recession levels of more than 3 million “quits" as of December 2016. It is simply in everyone’s best interest to make employee retention a top priority in our new found “sellers market”. Here are five ways HR can start improving employee retention today.

4 Recruiting Challenges that HR Will Face in 2016 (And 4 Proactive Ways to Solve Them)

Hyrell

This trend is likely to be a more immediate concern for companies as they look ahead to 2016. These four factors are contributing to recruiting challenges this year: Challenge #1: Growing Levels of Employee Turnover. Finding quality employees is always top of mind for HR teams.

Innovative HR and Why Technology Innovators Can’t Survive Without It

Visier

90% of technology CEOs are confident about their revenue growth in 2016 , according to PWC’s 19th Annual Global CEO Survey. When companies fail to improve in these areas, it doesn’t just affect their workers — it jeopardizes business results as well.

The 100 HR Indicators Every Manager Needs to Know

EmployeeConnect

This list of HR Key Performance Indicators (KPIs) and metrics contains certainly enough to help you fuel your HR dashboard for the next few months if not longer. Without further ado, here is your list of 100 HR metrics and KPIs.

Why Banking On Your Workforce Boosts Business Results

Visier

Constantly changing regulatory and remuneration policies , as well as post-recession restoration pressures, are making it difficult to attract and retain key people in the financial services industry (FSI). Companies with stronger HR programs, outperform on financial metrics.

Using Compensation Planning to Improve Engagement & Retention

HRsoft

How Can Compensation Planning Help Improve Engagement & Retention? Disengaged employees are less motivated, less productive and over time, are more likely to leave the company for better opportunities elsewhere, thus creating high turnover rates. In response to that, about 63% of the companies have referenced retention as top focus of compensation and more than half of the companies that were surveyed use some form of pay-for-performance strategy. Reward for Retention.

27 Actionable Insights & Resources for Employee Lifecycle Management

EmployeeConnect

Retention. Testing new strategies as well as using proven methods. In fact, the hiring decisions you make today will be responsible for your future turnover, productivity and growth. That’s why you should focus on the top 7 recruitment metrics that matter. Retention.

See How Many of Your Employees Are Engaged

Reflektive

Perhaps the greatest reason employee engagement matters is retention. ” Engagement also drives metrics including profitability, customer ratings, quality defects and safety incidents. How do employees answer the question, “Do you expect to still be here in a year?”

Four Signs It’s Time to Re-Evaluate Company Values

Kazoo

When things are going extremely well and it feels as if the organization is running like a tight ship, it’s still important to memorialize what got you there. Significant executive leadership team member turnover in the past two years. If you’ve had significant turnover, it’s worth either revisiting your stated cultural values or freshening them to represent where the companies stands today. Retention and low employee engagement are real issues.

27 Actionable Insights & Resources for Employee Lifecycle Management

EmployeeConnect

Retention. Testing new strategies as well as using proven methods. In fact, the hiring decisions you make today will be responsible for your future turnover, productivity and growth. That’s why you should focus on the top 7 recruitment metrics that matter. Retention.

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).

4 things Talent Acquisition departments can do to help retain talent long-term

Ceridian

So I know a thing or two about the importance of employee retention and now more than ever I understand Talent Acquisition’s role in helping companies keep their people long term. . Retention is not the People department’s job.

Quality of Hire Means Something, Here’s Why

Ceridian

Terms like “cultural fit” were on the fringe and those who wanted recruiters to answer for retention, may potentially get an earful. But instead of being upset, here’s why recruiters should embrace quality of hire and retention KPIs (hint: it only makes recruiters more valuable).

5-step manager onboarding program from the ‘bartender’ (wine not included)

HR Morning

At the SHRM 2016 Annual Conference and Exposition, Sharlyn Lauby , author of the online blog HR Bartender (we’re a fan) and president of ITM group, a training company, recently shared her professional tips on the vital process of onboarding managers. Go for a mixed learning style, using classroom-style learning, as well as mobile and social engagement techniques. Get feedback from both sides of metrics: quantitative and qualitative.

A new operating model for talent acquisition

HR Times

Posted by Arthur Mazor and Bill Cleary on December 13, 2016. That means linking recruitment more closely to overall corporate strategy as well as promoting a smoother ride for candidates through the process. And that’s likely to be money well spent.

How Brinker International serves up whole-person well-being to team members at Chili’s and Maggiano’s

Limeade

“We leveraged a Gallup Book on wellbeing that suggested a more holistic approach to well-being could create more engagement for Team Members, and we Brinker-ized it to ensure it would resonate with our people.” That’s the future of well-being for us.

Key Points From LinkedIn’s Global Recruiting Trends 2016 [REPORT]

SAP Innovation

That’s why LinkedIn’s Global Recruiting Trends for 2016 , created by a panel of experts, is a fantastic guide for HR professionals and hiring managers. This certainly isn’t a new priority for any HR department anywhere: 42 percent of those surveyed said recruiting highly talented candidates is a main priority, while 38 percent said the focus should be on employee retention. This suggests that SMBs are shifting toward employee satisfaction as a valuable metric.

3 high-powered onboarding tips for new executives

Achievers

Those are just the direct turnover costs. Because management’s decisions succeed or fail based on how well lower-level employees carry them out, the new executive also needs insight into how those workers feel about the organization, their work, and the current processes.

HR KPIs: Is Your Human Resources Strategy Making a Difference?

Insperity

Like other KPIs, HR KPIs measure specific areas of your business using quantifiable, specific metrics. By constantly measuring and tracking these metrics, you can gauge whether your HR practices are proactively making a positive impact on your business’s profitability. For many companies, the following examples are core HR KPIs: Turnover rate (by role, department and manager). But there isn’t one set of metrics that fits every organization. First year retention rate.

4 Reasons Why Investing in Onboarding Makes Sense

Oracle HCM - Modern HR in the Cloud

Much has been written about the benefits of onboarding—the reduction in manual effort, the reduced time to productivity, and increases in employee retention, etc. Shorter time to productivity While there are many variables contributing to this metric, we will focus on two of them.

The True Meaning and History Behind Talent in Talent Acquisition

Workology

According to a 2016 study by PwC , CEOs are well aware of the extraordinary challenges with the skills shortage and knowledge worker gap ahead but seem less certain about how to tackle the problem.

How to Measure Quality of Hire

HR Daily Advisor

This entire premise—measuring how effective we are at hiring the right talent—is the basis for the “quality of hire” metric. Most organizations use a set of metrics together as a group. Surveys completed by entire team, asking about how well the company culture is being upheld.

Q&A: Rethinking Your Employee Engagement Strategy

Kazoo

Both need to be on a well-balanced “menu” and are good indicators of overall organizational health. Engaged employees are essential to sustainable financial turnaround, particularly in terms of talent retention. Turnover is expensive and impacts your bottom-line for months after an employee leaves your company. At my company, the score from the engagement survey is used as a metric for each department.

A new operating model for talent acquisition

HR Times

Posted by Arthur Mazor and Bill Cleary on December 13, 2016. That means linking recruitment more closely to overall corporate strategy as well as promoting a smoother ride for candidates through the process. But, they filled open positions 20 percent faster and had 40 percent less turnover in new hires. And that’s likely to be money well spent. Many companies have already developed “systems of engagement” for their employees in order to boost retention and motivation.

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.

Employee Onboarding – Whose Job Is It Anyway? Part 2

Lumesse

Part 2 Published date: June 21, 2016 Home. With the cost of employee turnover representing a big business concern, onboarding processes can provide stability for the employee from time of hire through career development. Employee Onboarding – Whose Job Is It Anyway?

Employee Onboarding – Whose Job Is It Anyway? Part 2

Lumesse

Part 2 Published date: June 21, 2016 Home. With the cost of employee turnover representing a big business concern, onboarding processes can provide stability for the employee from time of hire through career development. Employee Onboarding – Whose Job Is It Anyway?

Left Brain, Right Brain: Does HR Have A Split Personality?

TalentCulture

Left side: the administrative pile, dense with data — numbers, stats, metrics, talent analytics. The data is mined not only for skills but predictors, including retention, and the approach has already slowed down a notoriously high turnover rate. Imagine a big desk.

Defining, Measuring and Activating Quality of Hire

Cielo HR Leader

This report summarizes the discussion during a Think Tank held in Singapore in June of 2016 to explore the adoption of Quality of Hire metrics by multinational organizations in the Asia-Pacific region.