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Crucial HR KPIs you need to make data-driven decisions

Business Management Daily

By keeping track of essential HR metrics like employee turnover rate, time to fill, and recruitment costs — you’ll have a solid grasp of your strengths and top areas for improvement. You can use KPIs to measure the effectiveness of specific aspects of your human resources department, such as hiring, onboarding, retention, and company culture.

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Health Care Turnover Rates [2021 Update]

DailyPay

In our previous article, we discussed employee retention rate by industry and looked at which industries have the best and worst employee retention rates. The turnover rate in the health care industry has risen nearly 5% — across all jobs in the industry — over the last decade. Retention Patterns In Health Care.

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Retail Turnover Rates In 2021

DailyPay

The following article is another in our series that examines average employee turnover rates by industry. In this article, we hold the retail industry under a microscope to see what might be affecting employee turnover and retention rates, and why employees in this industry are seen coming and going so often. READ THE EBOOK.

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Understanding Staffing Turnover: Calculating and Reducing Turnover Rates for Staffing Agencies

COATS Staffing Software

However, one common challenge faced by staffing firms is turnover among their temporary workforce. High turnover can lead to increased costs, decreased client satisfaction, and a negative impact on overall business performance. When your turnover rate is high, your employees average a shorter tenure with your firm. 1 from 2021.

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17 Employee Retention Statistics That Are Required Knowledge in 2024

15Five

To do that, you need data. Here’s a treasure trove of stats on employee retention in 2024. Employee Turnover Statistics Quit rates decreased from Q4 2022 to Q4 2023. If you’re facing any level of turnover, it’s important to identify the root cause. Luckily, we’ve got it. From sources like the U.S.

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What Is Your Onboarding Data Telling You?

ExactHire

An effective onboarding process can have a positive impact on nearly every aspect of your business, from improving retention and engagement to strengthening your company’s culture and employer brand. That’s where your onboarding data comes in. Data and KPIs will help you identify ways you can improve your onboarding process.

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2021 Employee Turnover and Retention Trends

Quantum Workplace

Retaining and recruiting top talent has become increasingly important, but difficult, after the tumultuous events of 2020. High turnover rates have pushed organizations to look for solutions to best retain their employees and attract top talent. Learn more about the data behind this report, supplied by Quantum Workplace.