Expert insights. Personalized for you.
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?” MORE
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. MORE
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. MORE
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. MORE
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. MORE
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. MORE
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. MORE
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. MORE
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. MORE
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. MORE
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. MORE
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. MORE
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. MORE
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. MORE
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. MORE
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. MORE
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. MORE
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. MORE
Your goal: figure out the specific calculations for important employment metrics like turnover rate and retention rate. Use these links to get straight to the information you need: How to Calculate Employee Turnover Rate. How to Calculate Employee Turnover Cost. MORE
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. MORE
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. MORE
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? MORE
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. MORE
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. MORE
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. MORE
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. MORE
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. MORE
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. MORE
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. MORE
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. MORE
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 MORE
(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. MORE
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. MORE
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. MORE
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. MORE
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. MORE
ATS Benchmarking Metrics Retention and Turnover 
Ultimate Software
APRIL 24, 2018
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.
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. Changing the question from “What is our turnover rate?” to “What is the cost of our turnover?”
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Visier
JANUARY 29, 2020
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.
HSD Metrics
AUGUST 26, 2019
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.
Workable
JUNE 1, 2017
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.
Bonusly
APRIL 10, 2019
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.
|
Vemo
SEPTEMBER 9, 2016
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.
EmployeeConnect
MARCH 20, 2017
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?
HSD Metrics
MAY 17, 2018
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.
HSD Metrics
MAY 17, 2018
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.
HSD Metrics
JANUARY 31, 2020
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.
|
HSD Metrics
AUGUST 12, 2019
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.
HSD Metrics
MAY 31, 2018
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.
HSD Metrics
MAY 31, 2018
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.
HSD Metrics
AUGUST 31, 2018
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
HRsoft
MAY 17, 2018
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.
HSD Metrics
JULY 30, 2019
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.
LaborSoft
JULY 12, 2018
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.
Namely
JUNE 22, 2017
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.
HSD Metrics
OCTOBER 15, 2018
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.
HR Daily Advisor
JULY 21, 2015
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.
HR Bartender
OCTOBER 31, 2017
(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.
China Gorman
JANUARY 12, 2016
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.
Linkedin Talent Blog
JUNE 17, 2019
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.
OmegaHR Solutions
JANUARY 16, 2018
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.
Workable
NOVEMBER 14, 2019
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.
HRO Today
OCTOBER 23, 2018
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.
Workday
OCTOBER 10, 2017
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.
Workday
JANUARY 11, 2018
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.
Achievers
OCTOBER 2, 2018
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.
Ultimate Software
AUGUST 2, 2019
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.
Achievers
OCTOBER 2, 2018
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.
HR Daily Advisor
MARCH 29, 2018
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.
nettime solutions
OCTOBER 15, 2015
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.
Visier
DECEMBER 17, 2019
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.
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