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The 7 best HR analytics software options for today’s workforce

Business Management Daily

So if your HR team wants to make informed decisions backed up by your people data, a high-quality analytics software solution will be well worth your while. In fact, research shows that data-driven companies are 58% more likely to meet their revenue goals than companies that don’t use real-time data analysis. Customization.

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23 Recruiting Metrics You Should Know

Analytics in HR

This image (based on Greenhouse’s image ) shows the employee’s lifetime value as the sum of all the HR decisions made about that employee. For example, the data might show you that there is a long time between resume screening and the phone interview. Making the right recruiting decisions is important.

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3 ways to build job candidates’ trust through transparency

Insperity

After you’ve had the report for at least one year, you can begin to benchmark your success in your efforts by showing your improvement in these areas year-over-year. With compensation information available more than ever through websites such as Glassdoor , GetRaised and Emolument , many no longer see salary information as a private issue.

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6 Steps To Become an Employer of Choice in 2024

Analytics in HR

Analysis of more than 600,000 researchers, entertainers, politicians, and athletes found that high performers are 400% more productive than average ones. Ideal employers frequently benchmark their compensation plans and adopt progressive benefits strategies to remain competitive. But just how much of an edge?

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Recruiting Automation Software: 7 Helpful Examples to Grow Your Team

Ongig

So these tasks include posting job openings, screening resumes, and scheduling interviews. From posting job openings on multiple job boards to screening resumes and scheduling interviews, recruitment automation software handles the repetitive tasks. So, this ensures that all essential information is included in your job postings.