Remove 2020 Remove Productivity Remove Retention and Turnover Remove Succession Planning
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What’s Keeping HR Up at Night in 2020?

HRExecutive

million in January 2020, according to the Bureau of Labor Statistics. Slightly more than half of the respondents worry about retaining key talent, with the next most common concern being developing leaders and succession planning, followed by improving the employee experience, and driving innovation and helping teams work together.

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HR Reports: The Journey and the Aftermath!

Keka HR Blog

By measuring these KPIs, organizations can identify areas where they need to improve and make data-driven decisions to optimize their HR function. It also provides insights into workforce trends and patterns, such as identifying skill gaps and determining which job roles are most critical to an organization’s success.

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Post-pandemic employee turnover: Why it’s happening and what to do about it

Insperity

Yet there’s another rising issue with which employers must prepare to contend: post-pandemic employee turnover. According to the 2021 Employee Engagement and Retention Report , commissioned by the Achievers Workforce Institute, 52% of employees in North America will look for a new job in the near future. So, let’s take a closer look.

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Choosing the Right Employee Development Firm: Unlocking the Potential of Your Talent

developUs

Here’s why: Enhanced Performance and Productivity : Developing your employees’ skills and capabilities directly translates into improved performance and productivity. Talent Retention and Engagement : Providing development opportunities shows your employees that you value their growth and career progression.

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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 to Measure HR Effectiveness: 12 Useful Metrics

Analytics in HR

For example, an efficiently designed and executed recruitment and onboarding strategy can help bring top talent on board, leading to increased productivity and, therefore, revenue. Why it’s important: According to an analysis by Gallup , an engaged team will have a lower turnover rate and 21% greater profitability. What is it?

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How Professional Development Dramatically Impacts Your Bottom Line

Caliper

In 2020, the average company spent about $1,111 per employee on training. When you invest in professional development, you’ll see benefits like: Increased Retention — Retention rates rise 30-50% for companies with strong learning cultures. The Cost Of Investing In Professional Development.