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Crucial HR KPIs you need to make data-driven decisions

Business Management Daily

These are all questions that measure the effectiveness of your human resources department, and the best way to answer them is by paying attention to essential HR KPIs (key performance indicators). Yet, there’s no shortage of human resources KPIs out there, so how do you know which you should track?

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People Analytics and HR-Tech Reading List

Littal Shemer

This list of People Analytics and HR-Tech books is not exceptional. So here is my People Analytics and HR-Tech reading list on Kindle (no paper books, as I like the trees), ordered chronologically from newest to oldest. (Reading Time: 26 minutes) Let’s face it. There are too many professional books one can read in a lifespan.

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What Makes a Good Performance Management System for HR?

ClearCompany HRM

Technology has quickly become a necessity for handling every function of HR, including performance management. Although human resources technology hasn’t always been what you’d describe as cutting-edge, that’s quickly changing — it’s expected to be a $35 billion industry by 2028.

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Why You Need to Calculate Employee Retention Rates

Bonusly

When it comes to employee retention strategies, HR departments need to track specific measurables. By tracking statistics such as employee retention rate and turnover cost , you have a way to measure the effectiveness of new HR initiatives such as a formal onboarding program or starting to offer health benefits.

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How HR Can Tackle Diversity Using the Rooney Rule

Visier

Why does the Rooney Rule matter to HR? With the war for talent at an all-time high, more inclusive and diverse hiring practices are key to a company’s success. Consequences of this can range from reduced competitiveness and productivity to increased employee turnover to higher compensation costs. Fictional data .

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6 Workforce Metrics with Significant Financial Impact

UKG

For much of 2020, many finance teams were forced to shift their focus from maximizing profitability to simply staying operational. That makes workplace health and safety very much a financial issue as well as an HR issue. Employee retention rates. Projected employee turnover rate. Lost-time injuries per employee.

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6 Must-Know Stats from Our 2022 Benefits Benchmark Report

PlanSource

Return to resources. 6 Must-Know Stats from Our 2022 Benefits Benchmark Report. We’ve scoured over 200 million benefit elections in our system and analyzed real user behavior and data to bring you our 4th annual Benefits Benchmark Report. Exactly how much are other companies paying toward employee plans? March 16, 2022.