Homebase

JUNE 22, 2023

That’s why employee retention is important, especially in the construction industry. As of 2021 , the construction industry had an average turnover rate of 68%—higher than most other industries, where the average hovers between 30-40%. What is employee turnover? Employee turnover is when workers leave the business they work for.

Hiring Software 52

Hiring Software Industry Retention and Turnover Recruiting Software 52

15Five

JANUARY 29, 2024

However, without measuring employee engagement rates, you won’t understand the effectiveness of your HR strategies in improving retention and decreasing turnover. What is employee retention rate? Employee retention rate indicates how well a company is doing at retaining employees. What is a good employee retention rate?

Retention and Turnover 199

Retention and Turnover HR Planning Onboarding Employee Recognition 199

Analytics in HR

MAY 10, 2022

Implementing a solid employee retention strategy is critical for any company. Let’s have a look at employee retention metrics that help improve employee retention at your organization. Let’s have a look at employee retention metrics that help improve employee retention at your organization.

Metrics 136

Metrics Retention and Turnover Hiring Software HR Planning 136

Insperity

MARCH 7, 2024

In this article, we delve into the crucial DEI metrics that businesses should be tracking to drive positive change and create a more inclusive work environment. Analyzing this data at various stages within your processes can ensure equitable opportunities for career advancement and identify any biases in the recruitment process.

Metrics 98

Metrics Hiring Software Retention and Turnover Assessment Software 98

HR Digest

APRIL 13, 2023

In recent years, HR has undergone a significant transformation as organizations seek to become more data-driven and evidence-based in their decision-making. HR metrics and analytics have emerged as a powerful tool to help organizations make better HR decisions and embrace workforce planning. What are HR metrics and analytics?

Metrics 105

Metrics Analytics HR Planning HR Software 105

Analytics in HR

FEBRUARY 6, 2024

Talent retention : For example, improve employee retention rates. AI integration and automation: For example, incorporate AI and automation tools for more effective and data-driven recruitment. Use metrics to evaluate your past performance. Remove subjectivity and rely on data instead. Why set recruitment goals?

Video Recruiting 89

Video Recruiting Recruiting Software Hiring Software Recruitment 89

Analytics in HR

NOVEMBER 2, 2022

HR analytics helps HR professionals and their organizations to improve decision-making through data. This article will discuss each of these types and their application in HR. In simple terms, HR analytics is the collection and interpretation of human resources data to support evidence-based decisions.

Analytics 115

Analytics HR Planning HR Software Staffing Software 115

15Five

JANUARY 18, 2023

Though some regrettable turnover is inevitable and expected, when too many of those losses start stacking up, the entire employee experience can topple over like dominoes. The impact of employee turnover—particularly regrettable turnover—can be felt throughout a company, from dips in productivity to wounded team morale.

HR Planning 189

HR Planning Retention and Turnover Objectives & Key Results HR Software 189

Analytics in HR

JANUARY 4, 2024

Turnover and attrition are two basic HR metrics that companies should monitor on a regular basis. The data helps HR and management understand how long employees typically stay with an organization, and provides insight into what may or may not drive retention. Contents What is turnover? What is attrition?

Retention and Turnover 85

Retention and Turnover HR Planning How To Retirement 85

Business Management Daily

JUNE 21, 2023

Employee turnover has been on the rise for many years now in the US, and that trend isn’t set to change anytime soon. In fact, voluntary turnover is set to hit 35% in 2023 , which has been steadily rising since hitting an all-time high in 2018. What’s employee turnover rate?

Metrics 52

Metrics Retention and Turnover Hiring Software Onboarding Software 52

Bob

AUGUST 8, 2022

Employee attrition and retention are like peas in a pod—attrition is the peas, employee retention is the pod. When employee retention is low, you have a problem: Happiness is down, engagement is off, or maybe the economy is strong, and people are leaving for greener pastures. Attrition vs. retention.

Metrics 148

Metrics Retention and Turnover Hiring Software HR Software 148

Analytics in HR

AUGUST 2, 2022

To measure and track this along the way, employee onboarding metrics help you understand your new hires’ experience, how fast they are onboarded, and what excites them about their job and the organization. . Let’s have a look at onboarding metrics you should track. Common onboarding metrics. Time to productivity.

Metrics 125

Metrics Onboarding Software Onboarding Retention and Turnover 125

Analytics in HR

MARCH 21, 2023

Difference between attrition and turnover Types of attrition Factors impacting attrition How to calculate employee attrition rate The risks of high attrition rate for the business How to identify and analyze a high attrition rate HR strategies for reducing attrition rate What is attrition rate? These include: Employee retention rate.

Hiring Software 109

Hiring Software Retention and Turnover Compliance Training Compensation 109

Analytics in HR

JULY 31, 2023

A well-crafted staffing plan: Minimizes labor costs Maximizes productivity Provides a competitive edge in the market Improves the quality of new hires Reduces turnover Drives career and skills development Fosters a more engaged and satisfied workforce. Also consider employee retention metrics, such as the turnover rate or average tenure.

Staffing Software 82

Staffing Software Staffing HR Planning Planning Tools 82

Analytics in HR

JUNE 28, 2022

Employee attrition and employee retention are important HR metrics for developing and managing a robust, productive workforce, especially in the context of Great Resignation. Employee attrition and retention are two concepts on the opposite ends that address the same situation. What is employee retention?

Retention and Turnover 130

Retention and Turnover Metrics Employer Branding Talent Experience 130

Analytics in HR

MARCH 16, 2023

It’s a strategic data-based approach to workforce planning that allows you to focus on internal mobility, flexibility and diversity. Talent development and retention An Employee Benefits News study shows that the average cost of losing talent is 33% of a company’s annual revenue. You can use historic trends in data as a baseline.

HR Software 112

HR Software Strategy Hiring Software Recruiting Software 112

Hire Road

DECEMBER 11, 2023

Talent retention is a critical aspect of HR. But they often struggle with: Identifying the root causes of high turnover Implementing effective strategies to boost talent retention But fear not! In this article, we’ll discuss how people analytics can transform your talent retention efforts. HR operations know this.

Analytics 52

Analytics Hiring Software Onboarding Software Talent Experience 52

Analytics in HR

JUNE 7, 2022

Let’s have a look at all you need to know about employee wellbeing metrics. Contents What are employee wellbeing metrics? Useful employee wellbeing metrics. What are employee wellbeing metrics? Proving the impact of wellbeing in the workplace is possible with employee wellbeing metrics.

Metrics 130

Metrics Retention and Turnover Assessment Software Hiring Software 130

Analytics in HR

OCTOBER 25, 2022

An essential part of developing an impactful annual HR report is including the right metrics to clearly quantify how HR is impacting strategic goals and organizational performance. Contents What is an annual HR report Metrics to include in an annual HR report How to prepare the annual HR report. What is an annual HR report?

HR Planning 99

HR Planning Metrics Report HR Software 99

hrQ

OCTOBER 2, 2019

CFO magazine recently published an article titled, “ Human Capital’s Big Reveal.” The article examines the pros and cons of more transparency in human capital data being available to investors. Our own Brian Wilkerson responds to questions raised by the article. Ethics issues have certainly been a large driver.

Data 40

Data Metrics Retention and Turnover Human Capital Management 40

Analytics in HR

JUNE 19, 2023

With talent planning, HR uses forecasting to plan the need for talent in the future by analyzing workplace data to help identify any knowledge gaps, assess the pool of existing talent, and check how the business will likely expand in the long term. These involve using data, being organized, and nurturing talent and relationships.

Planning Tools 101

Planning Tools Talent Experience Hiring Software Recruiting Software 101

Bayzat

FEBRUARY 7, 2024

This article explores the transformative potential of investing in people and HR tech tailored to the unique dynamics of the UAE market. Data-Driven Decision-Making In uncertain times, data becomes a valuable asset for decision-making. Navigating Challenges: Tailored Solutions for UAE Businesses 1.

HR Software 52

HR Software Hiring Software Onboarding Software Recruiting Software 52

Analytics in HR

SEPTEMBER 7, 2023

Whether you’re a student interested in HR or a professional looking to transition, this article will guide you with the information needed to be a successful human resource professional. Analytical and data-driven : HR provides data-driven insights to executives, enabling the organization to measure and meet its strategic goals.

HR Planning 111

HR Planning Hiring Software Resources HR Software 111

Analytics in HR

FEBRUARY 15, 2022

Workforce analysis is a process used to collect, analyze, and interpret data to assess the current state of the workforce and turn it into actionable information which organizations can use to plan to meet their future needs. Metrics such as productivity levels and undesired behaviors of ill-suited employees can be tracked.

Analysis 79

Analysis HR Planning Hiring Software Retention and Turnover 79

Homebase

MAY 31, 2023

This article is here to guide you through the world of workforce forecasting and help you solve this critical puzzle. Based on historical data, you know that this time of year tends to be bustling with customers. Minimized overtime and turnover Nobody likes working excessive hours or feeling burnt out.

Hiring Software 52

Hiring Software Staffing Software Onboarding Software Assessment Software 52

Engagedly

SEPTEMBER 28, 2023

Employee Turnover Rate – it’s a metric that resonates throughout the business world. Whether it’s the tech sector’s battle for top tech talent or the healthcare industry’s pursuit of skilled medical professionals, understanding the nuances of employee turnover by industry is paramount.

Industry 52

Industry Retention and Turnover Talent Experience Metrics 52

Analytics in HR

MAY 24, 2022

We discuss HR effectiveness metrics in more detail below. Workforce and budget planning To understand how effective HR is in your organization, you’ll have to track and analyze various metrics. To measure the effectiveness of your HR function, you need to establish relevant metrics. Why should you measure HR effectiveness?

Metrics 83

Metrics HR Planning HR Software Hiring Software 83

Visier

MARCH 30, 2017

Unfortunately, most of those who create metrics in HR and recruiting don’t really understand the strategic mindset of CEOs. And, as a result, the metrics that are reported to CEOs and the executive committee result in no positive action being taken. In fact, one survey even found that only 12 percent of CEOs had faith in our metrics.

Metrics 225

Metrics Hiring Software HR Software Retention and Turnover 225

EmployeeConnect

SEPTEMBER 6, 2023

This article will explore key strategies for implementing HR governance (GRC) reporting, its associated benefits, and more. However, within the realm of Human Resources (HR), it specifically pertains to the process of collecting and analysing data related to the effectiveness of HR management within an organisation. What is Governance?

HR Software 130

HR Software Recruiting Software Onboarding Software Assessment Software 130

HR Guy

MAY 25, 2023

As a manager, it is essential to understand the metrics that measure employee engagement and how to effectively analyse and use that data to improve your team’s engagement levels. Key Employee Engagement Metrics Measuring employee engagement is crucial for organisations to ensure their employees are satisfied and motivated.

Metrics 52

Metrics Employee Engagement Retention and Turnover Benchmarking 52

Analytics in HR

JUNE 14, 2022

Data-driven recruitment brings a lot of benefits to organizations. What exactly does data-driven recruitment entail, why is it important, and what are the best practices? Contents What is data-driven recruitment? Data-driven recruitment examples Why is data-driven recruiting important? Let’s dive in.

Video Recruiting 129

Video Recruiting Recruiting Software Hiring Software Data 129

Analytics in HR

DECEMBER 13, 2022

Exit interview data analysis is the key to making the most of your exit interview process. The data behind why employees leave can help you better grasp what’s affecting your organization’s turnover and what you can do about it. The exit interview data analysis process. The exit interview data analysis process.

Interview Software 97

Interview Software Analysis Hiring Software Data 97

Analytics in HR

MAY 10, 2023

This article offers a deep dive into HR’s responsibilities. They establish metrics that align with the plan and provide regular feedback, facilitating employee improvement and contributing to achieving the company’s objectives. Contents The roles and responsibilities of an HR professional 1.

Talent Management 73

Talent Management HR Software Compliance Onboarding Software 73

Semos Cloud

AUGUST 4, 2023

Category All, Best Practices 9 Key DEI Metrics you should Start Tracking Many leaders know that DEI is not merely a corporate buzzword but a powerful concept that sustains commitment toward creating equal workspaces. 9 Key DEI Metrics to Track 1. For instance, women make up 50% of the U.S.

Metrics 52

Metrics Hiring Software Background screening HR Software 52

Tandem HR

APRIL 6, 2023

What key HR metrics demonstrate your success or lack thereof? Successful HR leads to talent attraction, retention, employee development, compliance, and other important business success factors. Successful HR leads to talent attraction, retention, employee development, compliance, and other important business success factors.

Metrics 52

Metrics HR Planning Hiring Software HR Software 52

EverFi - HR

MAY 19, 2022

There are important Corporate Social Responsibility (CSR) metrics that companies should watch in 2022. Internal and external CSR initiatives play a major part in corporations’ long term success, and as a business owner, there are key metrics that should not be overlooked. . CSR Metric #1: Employee Satisfaction Index .

Metrics 59

Metrics Retention and Turnover Workable Strategy 59

EmployeeConnect

MARCH 27, 2023

This article will discuss the top strategies to implement governance reporting in HR, its advantages, and much more. However, in HR, it refers to the process of gathering and analysing data related to the performance of human resources management within an organisation. However, the reporting frequency may vary with each metric.

HR Software 130

HR Software Recruiting Software Onboarding Software Hiring Software 130