Remove ATS Remove Benchmarking Remove Metrics Remove Retention and Turnover

Solidifying a Competitive Advantage with Engagement Benchmarking

Ultimate Software

Few departments are exempt from regularly analyzing and reporting metrics to the C-suite, and long-term tracking of this data is invaluable. A retail establishment with 40% turnover is about average, but for a professional services firm , this figure would be a major red flag.

How Does Turnover Impact Your Organization’s Bottom Line?

Visier

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. Changing the question from “What is our turnover rate?” to “What is the cost of our turnover?”

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How to Create a Data-Driven Employee Retention Plan in 10 minutes

Visier

Solving employee turnover and retention is hard. Voluntary resignations are high, unemployment rates are at an all-time low, and most organizations are still trying to operate HR without using data as evidence to back up their strategies.

Keeping Work Travel Balanced for Employees to Prevent Turnover

HSD Metrics

Most of the employees are not those at the top level, and are more than likely travelling with only a small budget. Attempting to work through that can easily cause burnout, driving good employees away, and if the practice does not change, high turnover could become common within the role.

Introduction to Recruiting Metrics FAQ

Workable

Recruitment metrics help you gauge the effectiveness of your recruitment process. Here are frequently asked questions and answers about recruiting metrics to help you understand recruiting data and use it to boost your hiring: Intro to Recruiting Metrics. More Recruiting Metrics.

How to Save Your Company from Unhealthy Turnover and Optimize Retention

Bonusly

High turnover is a major concern for many organizations. But how do you know if your turnover really is an issue? Let’s take an analytical approach to retention. Turnover is a key HR metric and tends to be understood by leadership as a serious risk.

Benchmarking & What-If Analysis

Vemo

Benchmarking Metric Benchmarking can be a great way to compare your metrics to industry best practices, however accessing relevant benchmarking data for you industry is not always easy to obtain or broadly available for every industry.

The Secret To Selecting and Measuring Key Employee Performance Metrics

EmployeeConnect

Measuring critical employee performance metrics offers organisations key benefits for attracting and retaining top talent while meeting operational imperatives. The primary benefits of employee performance metrics are tied to fostering better employee engagement, which enhances productivity, innovation, creativity, employee loyalty and longevity. In the past, companies usually measured employee engagement by analysing turnover rates. How Do You Measure Performance Metrics?

Top Five Turnover Causes

HSD Metrics

Data-driven Insights for Employee Retention. ExitRight ® recently updated its ExitRight norms based upon responses to benchmarked questions from all clients during 2016 and 2017. In most industries, pay ranked third in importance out of the top 12 turnover causes.

Top Five Turnover Causes

HSD Metrics

Data-driven Insights for Employee Retention. ExitRight ® recently updated its ExitRight norms based upon responses to benchmarked questions from all clients during 2016 and 2017. In most industries, pay ranked third in importance out of the top 12 turnover causes.

The Analytics of Human Resources

HSD Metrics

And it might not seem like there is a connection at all. Retention is a term used a lot when it comes to HR, but do you really strategize for it? Performance is another metric that tends to be considered as more qualitative, but there is room for data here as well.

Handling Employee Harassment by Customers

HSD Metrics

A third-party system from HSD Metrics will ensure employees feel comfortable sharing honest feedback anonymously, so you know what’s going on without anyone attempting to sugarcoat the issue. The post Handling Employee Harassment by Customers appeared first on HSD Metrics.

ExitRight® Norms and Retention

HSD Metrics

Data-driven Ways to Improve Retention. Our article about the most important turnover causes for employees in 2017 illustrated trends across all industries and drew out some interesting exceptions. Contact us to schedule a live demo or call us at 800-295-1863 to talk with an expert.

ExitRight® Norms and Retention

HSD Metrics

Data-driven Ways to Improve Retention. Our recent article about the most important turnover causes for employees in 2017 illustrated trends across all industries and drew out some interesting exceptions. The post ExitRight® Norms and Retention appeared first on HSD Metrics.

Top Five Turnover Causes in Healthcare

HSD Metrics

Top Five Turnover Causes in Healthcare. Human resources professionals and their senior teams are keenly aware that turnover comes at a high cost. Employee turnover also has a rolling effect throughout any company. Employee Retention

A Step-by-Step Guide to Calculating Turnover

HRsoft

Calculating turnover is important for developing retention strategies and supporting a strong company culture. To begin calculating turnover in your organization, select a benchmark job to validate internal and external metrics.

Handling Conflict between Different Workplace Departments

HSD Metrics

This is best done by first looking at the needs rather than solutions. Using exit interviews, like ExitRight® , will give your company turnover benchmarks and analytics, so you are able to effectively improve your employee retention for others.

What Your Company Can Learn by Tracking Employee Turnover

LaborSoft

HR departments stand to gain a lot by tracking employee turnover. Valuable data can be collected and deeper insights drawn to reveal the potential source of the turnover, whether it be job dissatisfaction or other more personal reasons. This key HR metric can help companies assess and prioritize changes or adjustments to their culture or practices in order to decrease attrition and ensure retention of employees in the future. Turn Over Your Turnover Findings.

3 HR Talent Metrics You Should Start Tracking Today

Namely

The following is inspired by a presentation given at Namely’s Client Summit by our very own Chief People Officer, Nick Sanchez, and Senior People Operations Analyst, Eric Knudsen. Here are three metrics you can start tracking today: Quality of Hire Acquiring top talent is no simple task. The Quality of Hire metric is a quick index on a new hire’s adjustment, acclimation, and performance since joining the company. Then establish standards for what “good retention” means.

Bridging the Generational Gap between Employees

HSD Metrics

Offensive jokes can lead to bad morale, turnover among employees, or even worse, potential legal problems. Help to reduce employee turnover by taking the time to know your employees and their skills, knowledge, abilities and unique capabilities.

What’s Your Most Useful Metric? More Results of Our HR Metrics Survey

HR Daily Advisor

In yesterday’s Advisor , we shared some of the results of our nationwide survey on HR metrics. Today, more of our findings, including measures of turnover, compensation, and training. 604 individuals participated in the HR Daily Advisor ’s HR Metrics Survey, conducted in April 2015.

How to Evaluate the Success of Your Company’s Onboarding Program

HR Bartender

(Editor’s Note: Today’s post is brought to you by our friends at SilkRoad , a global leader in Talent Activation. At this year’s HR Technology Conference and Expo, SilkRoad announced a strategic partnership with CareerBuilder to provide client companies an enhanced onboarding experience.

Quality of Hire: A Vaguely Valid Metric?

China Gorman

As I looked at a relatively new infographic about their survey data, I was again intrigued by some of their findings. Employee retention is growing as a top employer priority. Turnover/Retention. These are interesting and good metrics.

Here’s How IBM Predicts 95% of Its Turnover Using Data

Linkedin Talent Blog

With the cost of replacing an employee sitting anywhere between 30 and 400% of that person’s annual salary, there’s obviously a strong financial case for investing in retention — not to mention the benefits of preserving institutional knowledge and protecting morale.

5 Human Resource Management Goals for Your Small Business

OmegaHR Solutions

Reduce Turnover—and Accompanying Expenses—by Hiring the Right Candidates. But how do you define the best plan for long-term employee development and ultimately, better retention? Define Measurable Benchmarks for HR Success. Metrics are undoubtedly where HR software shines.

Planning your recruitment budget for 2020: expert advice from a finance VP

Workable

With the new year just around the corner – and your higher-ups expecting you to fine-tune the money going into and out of the system – the first thing to do is look at what you’ve done in 2019. Craig DiForte, VP of Finance at Workable , has been through this himself numerous times.

Survey Says…

HRO Today

Harkins, vice president of client success and engagement solutions at Inspirus, a Sodexo Group company. But with real-time data, employers can address issues head on before they become a larger issue,” says Vanessa Brangwyn, chief customer officer at Achievers.

How Workday is Doubling Down on Data and Analytics

Workday

We’re living at a time when we’re awash in data, but short on ways to quickly turn that data into information we can act on with confidence. At Workday, we’ve designed all of our products to give customers more visibility—into their workforces, financials, recruiting pipeline, and more. We’re extending this visibility with two new products, Workday Benchmarking and Workday Prism Analytics.

Three Ways to Get More Out of Workday in 2018

Workday

My trick is to make enough resolutions that I know I’ll keep at least one. At Workday, we have a yearly goal that never changes. We are continuously innovating at Workday, with every update delivering new features and capabilities. We also invite those who are driving Workday adoption in their organizations to join the Workday Adoption and Metrics User Group in Workday Community (sign-in required). Participate in Workday Benchmarking.

13 HR Stats That Will Make You Lose Sleep This Halloween

Achievers

Halloween goblins might be scary, but it’s flesh-and-blood people that can really keep you up at night. Look through the unsettling stats below and take them to heart, if you want to keep the horror tales at the haunted house and not in your HR office.

What is HR Data Analytics & How Do We Leverage It?

Ultimate Software

From Data Reporting to Prediction: A Retention Case Study. Consider the actionable insights gleaned from the following three retention metrics. Last year’s annual employee turnover. Specific high-performers at risk of attrition.

13 HR Stats That Will Make You Lose Sleep This Halloween

Achievers

Halloween goblins might be scary, but it’s flesh-and-blood people that can really keep you up at night. Look through the unsettling stats below and take them to heart, if you want to keep the horror tales at the haunted house and not in your HR office.

Amazon Coming to Town? Mitigate Talent Shortfalls with People Analytics

HR Daily Advisor

Competition for talent is already fierce in these cities and when many of the employees who leave are the best and brightest, they take all their skills, knowledge, and connections with them, putting organizations at a disadvantage. The people analytics team at BBVA Compass , a U.S.

How Workforce Analytics Can Take You Beyond The Clock

nettime solutions

When applied to the HR world, workforce analytics help HR staff analyze data relating to productivity levels, performance, if training is effective, and can even predict turnover. Turnover and retention. These metrics are derived from: Performance.

The Future of Business: People Analytics for Everyone

Visier

First West Credit Union , for example, noticed that turnover was increasing at an alarming rate. The pressure was on to boost retention. At the same time, the pace at which organizations will need to deploy this capability will accelerate.