HR Digest

JUNE 8, 2023

In today’s data-driven business landscape, HR Analytics plays a pivotal role in transforming human resources practices. This comprehensive article delves into the depths of HR analytics, shedding light on its meaning, fundamental principles, and the best solutions and software available.

HR Software 97

HR Software Planning Tools HR Planning Analytics 97

EmployeeConnect

FEBRUARY 1, 2024

Enhanced Employee Experience: Employee Self-Service features in HRIS empower employees to manage their information, fostering engagement and satisfaction. Reduced Turnover Costs: Assess the impact of HRIS on employee retention. Lower turnover rates result in reduced recruitment, onboarding, and training costs.

Assessment Software 147

Assessment Software Onboarding Software HR Planning HR Software 147

HR Lineup

MARCH 4, 2024

In today’s data-driven world, Human Resources (HR) departments play a crucial role in leveraging analytics to make informed decisions about hiring, employee engagement, retention, and overall workforce management. Topics covered include talent management, employee engagement, and diversity analytics.

Compliance Training 52

Compliance Training HR Software Course Analytics 52

Engagedly

OCTOBER 19, 2023

What Is a Talent Management Strategy? Talent management is a workplace practice that helps companies recruit and create a talent pool that is productive and committed to the organization in the long run. Why Implement Talent Management Practices?

HR Software 52

HR Software Talent Management Hiring Software Objectives & Key Results 52

Engagedly

OCTOBER 15, 2023

In a business world marked by rapid change, where adaptability, innovation, and agility are prerequisites for success, data-driven insights have become the cornerstone of effective talent management. How Does Talent Management Software Empower HR Professionals? The Role of Data Analytics in Talent Management 2.1

HR Software 40

HR Software Talent Management Assessment Software Hiring Software 40

Visier

FEBRUARY 20, 2018

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. Turnover contagion happens when people quit their jobs simply because other people are talking about leaving, job searching, or actually jumping ship. Quitting is contagious.

Retention and Turnover 153

Retention and Turnover Planning Tools HR Software Visier 153

Acendre

FEBRUARY 28, 2023

In our last blog we shared our perspective (or should we say our conviction) that for workforce analytics to be purposeful and valuable it needs to be situated in a business context – that is, flanked by business objectives at the one end and outcomes at the other.

Analytics 52

Analytics Retention and Turnover Hiring Software Succession Planning 52

Analytics in HR

JULY 31, 2023

A staffing plan, often called a staffing model, is a specific roadmap that helps HR professionals align an organization’s talent needs with its business objectives. This ensures successful hiring processes , talent management , and workforce optimizatio n. Hiring the right people for the right roles can’t be overstated.

Staffing Software 81

Staffing Software Staffing HR Planning Planning Tools 81

cipHR

SEPTEMBER 14, 2021

Learn about the causes of high staff turnover, how to calculate your churn rate and various practical strategies to improve staff retention. The increase in turnover is partly due to employees wanting more from their employer. What is employee turnover? Calculating staff turnover rate.

HR Software 98

HR Software Video Recruiting Retention and Turnover Hiring Software 98

U-Next

SEPTEMBER 29, 2022

What Is Workforce Analytics? . Analytics for workforce management helps HR teams optimize organizations’ human resources by tracking and measuring data related to employees. In addition to evaluating existing staff, workforce analytics can also analyze overall employment trends. to USD 860.4 Million by 2020.

Analytics 52

Analytics Hiring Software HR Software Recruiting Software 52

Analytics in HR

JULY 31, 2023

As a department, it is responsible for managing HR activities from recruitment and onboarding, compensation and benefits, learning and development, performance management, and employee relations to separation or retirement. Internal mobility helps organizations improve employee engagement and retention while reducing hiring costs.

HR Planning 57

HR Planning Resources Hiring Software Onboarding Software 57

ClearCompany HRM

JANUARY 31, 2023

According to Talent Board’s 2022 North American Candidate Experience (CandE) Benchmark Research Report, resentment among new hires increased, meaning that they had more negative experiences last year than they did in 2021. You can compare these turnover metrics with new hire turnover to see if there’s an overlap.

Onboarding Software 396

Onboarding Software ClearCompany Onboarding Hiring Software 396

Visier

JUNE 24, 2020

As with most things, the best way to manage these risks is to be prepared and to have a plan. The trifecta of talent management tools for talent gap mitigation. Below, I outline different ways people analytics can be used to support these processes. Analytics can help you evaluate: Strength of your pipeline.

Succession Planning 372

Succession Planning Planning Tools Data Talent Experience 372

Primalogik

JUNE 15, 2023

In turn, this informs talent management decisions. Through the right metrics, HR managers and leaders can learn how to better support employees and strengthen results. Metrics are measures of the effectiveness, value and/or costs of a particular program or process,” explains the Society for Human Resource Management (SHRM).

Metrics 96

Metrics HR Planning HR Software Hiring Software 96

Hppy

DECEMBER 15, 2023

Use data such as past hiring successes, industry benchmarks, or workplace studies that support your claims. If you’re looking for some compelling stats to support your arguments, consider the following: Each new hire costs businesses $4,700 on average , according to the Society for Human Resource Management.

Recruiting Software 113

Recruiting Software Hiring Software HR Software Onboarding Software 113

Analytics in HR

FEBRUARY 19, 2024

HR metrics are quantitative measures used to track and assess the efficiency and effectiveness of human resource management practices within an organization. These metrics cover a wide range of areas, including recruitment, retention, training, employee satisfaction, performance, and productivity.

Metrics 95

Metrics HR Software Hiring Software HR Planning 95

Analytics in HR

MAY 31, 2023

Knowing how to calculate the promotion rate and benchmark your internal promotion rate against competitors allows businesses to understand how well they are promoting from within and pinpoint areas where promotion policies and practices could be improved. SHRM’s benchmarking report states that the average promotion rate is 6%.

Retention and Turnover 77

Retention and Turnover How To Metrics Talent Management 77

HR Lineup

JUNE 10, 2023

Talent Intelligence: A Strategic Approach Talent intelligence leverages data and analytics to gain a deeper understanding of talent dynamics within an organization. It enables companies to make informed decisions related to talent acquisition, talent management, and employee development.

Hiring Software 64

Hiring Software Company Assessment Software Recruiting Software 64

Business Management Daily

JUNE 15, 2022

Factors that HR professionals and others performing HR analytics look at as they attempt to build the “right workforce” for given business needs include: Headcount. Attrition and retention. How will things such as age and a strong labor market for workers impact our talent management strategies? Competition. Absenteeism.

Planning Tools 52

Planning Tools Hiring Software Staffing Software Workforce Planning 52

EmployeeConnect

SEPTEMBER 12, 2022

Most people usually mix it with employee turnover, which is slightly different from it. Let’s talk about them; Employee Attrition vs. Employee Turnover. Despite the fact that these terms are frequently used synonymously, the main distinction is that staff turnover counts all job terminations, even those that are filled again.

Compliance Training 245

Compliance Training Workforce Planning Trends Benchmarking 245

Analytics in HR

AUGUST 9, 2023

times more likely to report effective talent management? Compensation and benefits management through offering fair and competitive pay and benefits. HR professionals conduct salary benchmarking, set pay ranges, manage payrolls, and designs benefit plans. Why is human resources important? Take your pick.

HR Planning 89

HR Planning Hiring Software HR Software Recruiting Software 89

Hppy

APRIL 14, 2016

An unprecedented increase in job openings shows that the demand for talent is forcing companies to plan better and recruit better. Workforce planning and HR analytics have become a key focus point for HR professionals around the world, as they confront new challenges in finding and retaining the right employees.

Workforce Planning 70

Workforce Planning Planning Tools HR Software Hiring Software 70

Visier

FEBRUARY 9, 2017

In order to move from this “list of challenges” to the “corporate asset list,” I have found that HR and its key functions like recruiting, retention and learning must move to dramatically increase their measurable business impacts by adopting analytics and data-driven decision-making.

HR Software 150

HR Software Data Hiring Software Recruiting Software 150

Analytics in HR

JANUARY 8, 2024

This can give your organization valuable insight into retention, which is just one of the reasons why you should regularly conduct employee commitment surveys. Boost retention : Commitment and retention are linked. How do you measure employee commitment? Why measure employee commitment?

Survey 86

Survey Examples Retention and Turnover Employer Branding 86

Something Different

AUGUST 22, 2016

…So I spent the weekend reading about turnover and engagement, and this HBR article had some really good insights that got me thinking about talent attraction and retention strategy – specifically how Managers/HRBPs can use human capital data to improve turnover and progression outcomes.

Retention and Turnover 100

Retention and Turnover Strategy Recruiting Software HR Software 100

Visier

OCTOBER 19, 2015

Employee turnover was around 4%, most of it involuntary or driven by economics. Today, educated and skilled people are in short supply, with an average turnover above 10%. The problem is that this data is locked away in siloed HR systems that have little to no analytic ability. This is where workforce analytics comes in. .

HR Software 150

HR Software Employee Engagement Planning Tools Analytics 150

Visier

OCTOBER 19, 2015

Employee turnover was around 4%, most of it involuntary or driven by economics. Today, educated and skilled people are in short supply, with an average turnover above 10%. The problem is that this data is locked away in siloed HR systems that have little to no analytic ability. This is where workforce analytics comes in.

HR Software 150

HR Software Planning Tools Employee Engagement Analytics 150

HRExecutive

MARCH 8, 2021

Kanarys partners with employers to provide them a holistic view of diversity, equity and inclusion efforts with audits, assessments, data-driven strategies and policies informed by benchmarking—all supported by artificial intelligence, machine learning and natural language processing—encompassing everything from benefits to culture.

Hiring Software 127

Hiring Software Assessment Software HR Software Planning Tools 127

Analytics in HR

SEPTEMBER 13, 2023

Leadership and management: Excellent leadership skills to guide the talent acquisition and recruitment team to meet hiring objectives. Recruitment Analytics: Measure the effectiveness of sourcing strategies , removing hiring bottlenecks, and making data-driven decisions to improve overall recruitment results.

HR Software 92

HR Software HR Planning Hiring Software Recruiting Software 92

Visier

DECEMBER 13, 2021

From May to July 2021 Visier surveyed its customers to gauge how well they’d advanced their people analytics practice and see what guidance they could provide to organizations newer to people analytics. Below are just a few findings from this comprehensive guide for organizations at any stage of their people analytics journey.

Analytics 259

Analytics Talent Management Visier Strategy 259

HRExecutive

AUGUST 14, 2023

From recruiting and talent management to learning and development, HR is already adopting AI in multiple ways across the employee lifecycle. That could include talent trend data, employee engagement and performance numbers, candidate and applicant data, and retention information.

HR Software 90

HR Software Hiring Software Onboarding Software Recruiting Software 90

Business Management Daily

SEPTEMBER 7, 2023

Do you have a way to visualize crucial HR metrics like employee engagement , performance management , and time tracking? If not, then consider adopting an HR analytics software program so you can start making data-driven decisions. What can HR analytics software do? Why bother with data analytics for your HR department?

HR Software 105

HR Software Hiring Software Onboarding Software Recruiting Software 105

HR Digest

JUNE 24, 2023

HR analytics, also known as people analytics or workforce analytics, is a data-driven approach that empowers Human Resources Management (HRM) by collecting, analyzing, and interpreting HR data. What is HR Analytics? Why HR Analytics Matters HR analytics holds immense potential for organizations.

Analytics 98

Analytics HR Planning HR Software Hiring Software 98

cipHR

AUGUST 9, 2023

Turnover rate High staff turnover is expensive and can hurt morale and productivity. HR teams can track their overall turnover rate either month-by-month or annually, which includes all leavers including those who are dismissed, made redundant, or retire. Like headcount, this data is most useful when it’s segmented.

HR Planning 52

HR Planning Hiring Software HR Software Onboarding Software 52

Visier

DECEMBER 3, 2019

Employee turnover is a critical challenge that almost all HR managers stress over. Turnover rate is a typical measurement that many organizations use as a scorecard for HR. However, the true cost of turnover can’t be analyzed by simply knowing your attrition rate and whether or not it has increased or decreased.

Retention and Turnover 195

Retention and Turnover Hiring Software Recruiting Software HR Software 195

Workday

FEBRUARY 8, 2022

KLAS Research is an important source to help us benchmark our progress. Workday People Analytics. Augmented analytics enables organizations to make better people decisions faster. Vaccine Management Capabilities in Workday. At Workday, we’re committed to supporting healthcare organizations and their ever-changing needs.

Workday 36

Workday Planning Tools Human Capital Management Retention and Turnover 36

Analytics in HR

FEBRUARY 27, 2023

And chief talent officer oversees employees’ recruitment, development, and retention to help meet company goals. Bigger companies and corporations employ full-time chief talent officers. Chief people officer vs. chief talent officer Some people may confuse Chief Talent Officer with Chief People Officer.

Talent Experience 76

Talent Experience Hiring Software Staffing Software HR Planning 76