Remove 2017 Remove Productivity Remove Retention and Turnover Remove Workforce Planning
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How People Analytics Delivers Financial Impact [New Report]

Visier

These are the employee lifecycle activities from hiring to retention, as well as organizational effectiveness activities from optimizing planning to optimizing productivity. . Reducing turnover by retaining new hires, top performers, managers, and other key roles, saving as much as $15 million.

Analytics 371
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Employee Attrition: Meaning, Impact & Attrition Rate Calculation

Analytics in HR

Even though the term is often used interchangeably with employee turnover , it’s not the same. Employee attrition vs. employee turnover Types of employee attrition Is employee attrition always bad? Employee turnover measures all employment terminations, including those positions that are refilled by new employees.

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Curbing Employee Turnover Contagion in the Workplace

Visier

Finally, in late 2017, a team of Chinese scientists traced the virus back to a population of bats in a remote cave. Turnover Contagion: Tracing the Source. It’s also a lesson for HR leaders looking to treat a viral event of a different sort: turnover contagion. Quitting is contagious. million per year.

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People Analytics and HR-Tech Reading List

Littal Shemer

It is primarily focused on examples related to the analysis of people and talent, and includes a step-by-step guide and easily reproducible examples and code so that the methods can be put into practice immediately” The Science of Dream Teams: How Talent Optimization Can Drive Engagement, Productivity, and Happiness Mike Zani (2021).

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How Merck KGaA Uses People Analytics to Win in the New World of Work

Visier

In the industrial sector, people, machines, systems, logistics, and products are communicating and collaborating with one another – a revolution known as Industry 4.0. They can access info on employee headcount, diversity, staff turnover , performance assessment, and compensation, and then compare the data with the company as a whole.

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3 HR Talent Metrics You Should Start Tracking Today

Namely

For example, your Quality of Hire might be the average of Performance + Productivity + Job Fit + Culture Fit. Check out our Namely data report: HR Mythbusters 2017 to uncover trends in performance, time off, and more. Top Performer Retention As an HR professional, you know the importance of retaining top employees.

Metrics 72
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3 Reasons Why People Analytics Should Be a Priority for Every HR Team

Linkedin Talent Blog

And according to Deloitte’s 2017 Human Capital Trends report, 71% of companies see people analytics (also called talent analytics or workforce analytics) as a high priority, though only 9% believe they have a strong idea of which talent dimension drives performance in their organizations. Dearborn’s explanation: “The No.