Zenefits

JANUARY 7, 2019

A wealth of data has been at the fingertips of HR professionals itching to delve into it for valuable insight. Today’s HR professional is beginning to reap the benefits of the data collected from every step of the employee experience, from recruitment to retirement. Almost every process in HR can be measured and improved upon.

HR Planning 41

HR Planning HR Software Analytics Assessment Software 41

PlanSource

MARCH 16, 2022

6 Must-Know Stats from Our 2022 Benefits Benchmark Report. We’ve scoured over 200 million benefit elections in our system and analyzed real user behavior and data to bring you our 4th annual Benefits Benchmark Report. 6 Must-Know Stats from Our 2022 Benefits Benchmark Report. Return to resources. March 16, 2022.

Benchmarking 52

Benchmarking Report Planning Tools HR Software 52

EmployeeConnect

SEPTEMBER 12, 2022

In this blog, we will discuss what staff attrition is and how to determine your attrition rates. Most people usually mix it with employee turnover, which is slightly different from it. Let’s talk about them; Employee Attrition vs. Employee Turnover. However, to perform the calculation, you must first gather your data.

Compliance Training 245

Compliance Training Workforce Planning Trends Benchmarking 245

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. Last year, job attrition in the U.S. She’s still with IBM today.

Data 56

Data Retention and Turnover Planning Tools Metrics 56

Visier

JANUARY 23, 2018

Imagine a world where every great HR initiative gets properly funded: Retention programs are fully backed by the C-suite, recruitment snafus are nipped in the bud before they become big problems, and even the CFO meets employee engagement initiatives with near-giddy enthusiasm. Sound like some kind of far-fetched utopian vision?

HR Software 176

HR Software Retention and Turnover Hiring Software Recruiting Software 176

Blu Ivy Group

FEBRUARY 8, 2024

One thing remains constant, though—competition for great talent remains high, retention is an ongoing priority with shifting employee expectations, and there is continuous pressure to show the connection between investment in your people and the bottom line. I know this all too well; after all, I’ve been in your shoes. Cost per hire?

Employer Branding 69

Employer Branding Analytics Hiring Software HR Software 69

Analytics in HR

JULY 31, 2023

Let’s go over the 12 key HR functions : Human Resources planning – The systematic and data-driven practice of optimizing the company’s workforce. Internal mobility helps organizations improve employee engagement and retention while reducing hiring costs. These are the HRM outcomes.

HR Planning 57

HR Planning Resources Hiring Software Onboarding Software 57

Criteria Corp

SEPTEMBER 30, 2022

In our 2022 Hiring Benchmark Report , we decided to ask hiring professionals if they were still feeling the impact of the Great Resignation. After gathering data from more than 500 HR professionals from companies of all sizes across all industries, we found that organizations are still dealing with the fallout of record-high turnover rates.

Retention and Turnover 52

Retention and Turnover Benchmarking Report Survey 52

Edcor

APRIL 11, 2024

Education benefits have been historically popular for the high ROI (return on investment) they provide on the retention and recruitment front; upskilling being the cherry on the cake. According to the data from the U.S. Chamber of Commerce, the shortage is mainly caused due to high turnover rates ranging from 8.8

Retention and Turnover 52

Retention and Turnover Recruiting Software HR Software Industry 52

Extensis

JANUARY 4, 2024

As to-do lists lengthen, applications backed by artificial intelligence (AI) allow clients to access actionable data to help them more effectively and equitably manage their workforces. For example, when used in tandem with human recruiting professionals , AI can analyze large data sets to identify top job candidates and reduce hiring bias.

HR Trends 105

HR Trends HR Planning HR Software Trends 105

Extensis

JUNE 8, 2022

In this blog – the second part of our employee pulse survey series – we will explore how to harness survey data to create beneficial and meaningful change. This blog – the second of a two-part series – will discuss how to analyze employee engagement survey results, and best practices for developing an action plan based on the data.

Survey 98

Survey HR Planning Hiring Software Planning Tools 98

HIRED

JANUARY 10, 2024

We’ll also share data from past Hired research to illustrate how tech employers define it and how to create recruitment and hiring strategies to make the most of your recruitment team’s capacity. Define these benchmarks to guide your assessment. Hired partner Textio contributed this blog, Want To Hire More Women?

Recruiting Software 52

Recruiting Software Recruitment Hiring Hiring Software 52

Bonusly

JUNE 27, 2018

Employee turnover has a major impact on your organization's trajectory, but if you're having trouble with it, you're not alone. Even the best companies struggle with turnover. In this post, we’ll examine employee turnover: what it is, why it costs so much, and how to reduce it. Voluntary vs. involuntary turnover.

Retention and Turnover 74

Retention and Turnover Hiring Software Onboarding Software TinyPulse 74

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. Much like the sailor in the classic Samuel Taylor Coleridge poem who laments, “Water, water, everywhere, nor any drop to drink,” the problem isn’t the quantity of data.

Workday 63

Workday Analytics Data Benchmarking 63

Acendre

FEBRUARY 28, 2023

In our last blog we shared our perspective (or should we say our conviction) that for workforce analytics to be purposeful and valuable it needs to be situated in a business context – that is, flanked by business objectives at the one end and outcomes at the other.

Analytics 52

Analytics Retention and Turnover Hiring Software Succession Planning 52

Synergita

SEPTEMBER 11, 2023

That’s where this blog comes in. It involves collecting, analyzing, and interpreting data to gauge the effectiveness and efficiency of activities and processes. Ultimately, it enables data-driven decision-making and the pursuit of excellence in various domains, from business and government to personal development.

Assessment Software 52

Assessment Software Planning Tools Metrics Benchmarking 52

Great Place to Work

MARCH 24, 2022

How to stop the revolving door of employee turnover. The reasons for turnover vary from company to company, but there’s one area of the employee experience that shouldn’t be ignored or shoved down on the priority list: employee well-being. Organizations are currently grappling with many issues. One that is keeping CEOs up at night.

Wellness 95

Wellness Retention and Turnover Benchmarking Survey 95

Extensis

JULY 6, 2022

Here are four lesser-known PEO offerings, from recruiting to employee surveying, that can help businesses attract and retain talent and develop data-driven processes. PEOs can also perform salary benchmarking and compensation analysis. Actionable data. Businesses can lean on data to improve: Recruiting. Employee surveys.

Hiring Software 98

Hiring Software Assessment Software Recruiting Software HR Planning 98

HRsoft

MAY 18, 2020

Your practices must therefore be understood by employees and based on hard, objective data. These critical objectives can be achieved by: Standardizing pay practices and basing the compensation system on benchmarks. Ensure respite apartments are ready to show to ensure marketability, which will be measured by apartment turnover.

Performance Management 98

Performance Management Compensation Hiring Software Planning Tools 98

WorkHuman

DECEMBER 22, 2014

Another way to measure the impact of service anniversaries is through employee retention. Constantly hiring employees because of high turnover is costly and time consuming. Service anniversaries contribute to employee engagement and talent retention. Guest Blog roi Service Annivesaries value' Do the math.

Retention and Turnover 164

Retention and Turnover Metrics Employee Engagement Benchmarking 164

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. Clearly, calculating the cost of turnover can yield eye-opening insights.

Retention and Turnover 40

Retention and Turnover Assessment Software Compensation Planning Tools 40

SocialChorus

NOVEMBER 2, 2023

Data is HR’s secret weapon against attrition Traditional measures of employee sentiment such as quarterly polls, pulse surveys, and exit interviews are no longer sufficient. The data also identified specific cohorts so that their managers could step in and find out the reasons for disengagement. It lies in quantifiable data.

HR Software 52

HR Software Onboarding Software Interview Software Recruiting Software 52

Extensis

JANUARY 4, 2024

As to-do lists lengthen, applications backed by artificial intelligence (AI) allow clients to access actionable data to help them more effectively and equitably manage their workforces. For example, when used in tandem with human recruiting professionals , AI can analyze large data sets to identify top job candidates and reduce hiring bias.

HR Trends 52

HR Trends HR Planning HR Software Trends 52

Great Place to Work

APRIL 19, 2023

Companies that make the Fortune 100 Best Companies to Work For® List consistently outperform the market by a factor of 3.36, according to FTSE Russell, the global index and data provider. FTSE Russell analyzes the annual returns of the publicly traded companies on the list and compares those results to other market benchmarks.

Company 52

Company Retention and Turnover Metrics Analysis 52

6Q

AUGUST 29, 2023

When evaluating candidate quality, look at the retention rates across different sourcing channels to see which talent pools contribute to the highest retention. If you notice that your longest retained employees were sourced the same way, consider how you can follow those trends to improve your retention.

Recruiting Software 98

Recruiting Software Hiring Software Interview Software Assessment Software 98

Bayzat

APRIL 5, 2024

What Is Employee Attraction and Retention? On the other hand, employee retention refers to the efforts taken by an organization to keep its current employees engaged, motivated, and committed. Similarly, a chronic lack of appreciation in the workforce can result in high turnover rates, dissatisfaction, and poor performance.

Hiring Software 52

Hiring Software Video Recruiting Talent Experience Recruiting Software 52

Great Place to Work

JULY 19, 2023

Employee surveys play a crucial role in fostering employee engagement, improving retention rates, and boosting overall organizational performance. Gathering feedback via employee surveys and analyzing results positions employers to better support their people, and can even help predict and prevent employee turnover. it should be.

Survey 52

Survey Hiring Software Benchmarking Planning Tools 52

Zenefits

JUNE 17, 2019

At some point, if your business is more than one person, you’re likely to deal with employee turnover. In this article we walk the basics of employee turnover, including how to calculate it, industry benchmarks, and how we can use turnover rates to better understand business or economies at large. percent in 2010.

Hiring Software 34

Hiring Software Onboarding Software Onboarding Zenefits 34

Keka HR Blog

SEPTEMBER 27, 2021

In a world that changes constantly, every organization needs specific HR metrics and benchmarking to make sure employees are performing at their peak. Total Turnover Rate . Voluntary Turnover Rate . This rate shows the turnover rate including just the employees who left the organization voluntarily. .

Metrics 52

Metrics Examples HR Software Retention and Turnover 52

HR Daily Advisor

MAY 26, 2015

“Resources can help managers benchmark salaries and better understand the complexities of today’s hiring environment.” ” Driscoll notes there’s more to retention than just offering salary increases. ” Sound familiar?

Compensation 40

Compensation Hiring Software Staffing Software Retention and Turnover 40

Zenefits

FEBRUARY 21, 2019

One of the best places to start is with salary benchmarking. What Are Salary Benchmarking and Compensation Management? Compensation management is an important component of employee retention. People who work in compensation management utilize a pool of data. Why Bring Data Analytics Into Your Payroll Process?

Hiring Software 34

Hiring Software HR Software Payroll Analytics 34

Workday

JANUARY 11, 2018

And, we want your business leaders to gain the insights they need, leveraging both your own internal and relevant external data, to make the best decisions for your organization. Data is the world’s new currency. Participate in Workday Benchmarking. You’re probably using data internally to measure progress against your goals.

Workday 59

Workday Benchmarking Retention and Turnover Planning Tools 59

Homebase

JUNE 23, 2023

Well, that’s exactly what we’ll cover in this blog. Retention bonuses Employee turnover is one of the biggest challenges service-based businesses face, particularly in the restaurant industry. To avoid these turnover costs and reward employee loyalty, small businesses are turning to retention-based incentive programs.

Bonuses and Incentives 52

Bonuses and Incentives Hiring Software Strategy Wage and Hour Training 52

6Q

MARCH 9, 2021

Engaged employees perform better, support and reinforce positive company culture and are likely to stay with companies longer, reducing turnover rates. . It can help to improve employee retention. In addition to a high turnover rate being financially costly, it has an effect on the morale of the employees who stay on.

Recruiting Software 110

Recruiting Software Retention and Turnover Metrics Survey 110

PlanSource

FEBRUARY 14, 2022

As turnover rates skyrocket, HR teams are balancing the burden of additional admin work and their own inter-team turnover. They are challenged to come up with new strategies to boost retention and attract new talent while still managing traditional HR admin work. This is an 8.9% Recent Posts. Webinar Recap: Benefits Outsourcing.

Retention and Turnover 52

Retention and Turnover Hiring Software HR Software Trends 52

Extensis

APRIL 18, 2022

Better market performance : By giving back, you’ll have a leg up on your competitors that don’t – and the data proves that point. Employee attraction and retention: How do you hope these efforts will affect your recruiting and retention statistics? Measure success.

Strategy 98

Strategy HR Planning Hiring Software Retention and Turnover 98

Talmetrix

FEBRUARY 14, 2017

Studies have linked increased employee engagement to better productivity and reduced turnover – but what about its impact on your financials? We created our proprietary ROI calculator to measure three key data points: turnover rate, cost to replace an employee, and how increasing engagement can reduce turnover rate.

Benchmarking 58

Benchmarking Employee Engagement Study Data 58