Analytics in HR

DECEMBER 22, 2023

Think of a compensation package as a bundle of rewards creatively put together to recognize employees’ contributions and inspire their best work. This is more than an employee’s monthly salary. Sometimes, it may also offer opportunities for career development, recognition for performance, or contribute to a positive work culture.

Compensation 82

Compensation Bonuses and Incentives HR Software Hiring Software 82

6Q

JUNE 4, 2023

Inadequate compensation Inadequate compensation – pay bonuses and commission – and benefits like healthcare, dental, pension, and profit sharing can drive employees away. In addition, it makes it less likely for a competitor to poach and lure your high performing employees with purely financial incentives.

Retention and Turnover 98

Retention and Turnover Hiring Software Onboarding Software HR Planning 98

Terryberry

OCTOBER 11, 2022

Research shows that companies with engaged employees are more profitable than their competitors. A Gallup meta-analysis on employee engagement shows that businesses with highly engaged employees achieve 21% higher profitability. An employee who has been working hard on a project could be rewarded with extra time off.

Strategy 52

Strategy Planning Tools Retention and Turnover HR Software 52

HR Guy

MAY 25, 2023

Analysing Employee Engagement Data Collecting employee engagement data is essential, but managers need to analyse that data, identify trends, compare it against benchmarks, and set improvement goals to make a difference. Moreover, benchmarking against industry standards can provide organisations with a roadmap for improvement.

Metrics 52

Metrics Employee Engagement Retention and Turnover Benchmarking 52

Terryberry

OCTOBER 27, 2023

Turnover analysis can be done through benchmarking (external and internal), pulse surveys , attending conferences, and performing competitor analysis. Developing an employee pulse survey and 360 feedback strategy can help provide a streamlined channel for communication. Create an action plan.

Hiring Software 52

Hiring Software Onboarding Software Retention and Turnover Interview Software 52

CuteHR

JUNE 14, 2021

One of the most accomplishable ways to achieve employee engagement and retain them is by incentivizing them. Incentives give employees something to aim for and motivation to work much harder without actually telling them to work hard. What Is An Employee Incentive Program?

Bonuses and Incentives 55

Bonuses and Incentives HR Software Planning Tools Interview Software 55

Empuls

AUGUST 30, 2023

It offers a comprehensive suite of features that facilitate seamless communication, reward and recognition programs, and performance tracking. Key features Recognition and rewards : Empuls enables easy peer-to-peer recognition , manager-to-employee recognition, and rewards for achievements , fostering a culture of appreciation.

Assessment Software 40

Assessment Software Planning Tools Onboarding Software HR Software 40