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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. Your KPIs are your first line of defense for costly issues like high turnover rates and dipping engagement levels. How is that?

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How to Create a Successful Hiring Timeline | ClearCompany

ClearCompany HRM

A structured hiring timeline helps you keep recruiting on track and find, interview, and hire the best candidates consistently. It gives you the ability to provide excellent candidate and onboarding experiences, which improve retention. That’s significant considering employee turnover can cost up to two times their salary.

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24 Best Employee Engagement Software Platforms

Semos Cloud

24 Best Employee Engagement Software Platforms. See which employee engagement software platforms you can include in your HR Tech stack to encourage employee engagement. Employee engagement software platforms are becoming the essential parts of companies’ HR Tech stacks. What Is Employee Engagement Software? .

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Top Strategies for Effective Headcount Planning in the Modern Workplace

hrQ

Integrating sophisticated data analytics into Applicant Tracking Systems (ATS) along with utilizing workforce planning software can significantly enhance visibility within a company’s labor force. In the end this leads to refinement throughout the entire workforce planning process.

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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. And that turnover is expensive. In fact, not delivering on promises is the fastest growing cause of voluntary turnover.

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5 Signs You Need to Automate Your Hiring Process

ExactHire

The best applicant tracking systems can help you easily access the most important metrics. New hire turnover rate is the percentage at which new employees leave within a given period of time–you can decide what qualifies as “new” based on your organization, but many consider it to be under one year.

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5 Hiring and Retention Strategies for Healthcare | ClearCompany

ClearCompany HRM

Hospitals see an incredible 100% turnover every five years and lose as much as $9 million annually due to turnover. We’ll also look at winning strategies health systems use for hiring and retention. Did you know hospitals see 100% employee turnover every 5 years?