Bob

SEPTEMBER 20, 2022

There are many challenges facing today’s workplace regarding recruitment and retention. Prospective employees demand higher salaries, better perks, and more flexibility, and many companies are adjusting their compensation packages to attract the best talent. Customized benchmarking datasets for HiBob customer needs.

Benchmarking 148

Benchmarking Compensation Planning Tools Recruiting Software 148

Precheck

OCTOBER 24, 2017

How Healthcare Employers Can Overcome Unprecedented Turnover Oct. It’s not just your organization — turnover is rampant across healthcare employers. A report from NSI Nursing Solutions says the average cost of turnover for a bedside RN can range from $38,900 to $59,700, with the average hospital losing $5.1 Bryan-Barajas.jpg.

Retention and Turnover 69

Retention and Turnover HR Planning Bonuses and Incentives Staffing Software 69

Sterling Check

APRIL 20, 2023

Continued staffing shortages, higher turnover, a growing interest in travel nursing options and remote work, and now the uncertainty in the current macro-economic landscape, is stretching HR teams thin and making hiring even more of a challenge. View 2022 Benchmark Report Takeaways Blog 2.

Staffing Software 52

Staffing Software Onboarding Software Retention and Turnover Hiring 52

Vantage Circle

JANUARY 10, 2024

Employee turnover is an unavoidable and mostly reality in business. However, developing a strong retention strategy centered around meaningful metrics can lead to happier, more productive employees and significant cost savings for a company. As an HR professional, what retention metrics should you be tracking?

Metrics 59

Metrics Retention and Turnover HR Software Benchmarking 59

ClearCompany HRM

MAY 11, 2023

Its benefits range from eliminating bias to decreased employee turnover rates. They increased workforce diversity by 6%, with new hire retention rates of around 90%. Recruiters can use benchmarks to write accurate job descriptions and speed up the selection process. Learn more about hiring for #CoreCompetencies: 2.

ClearCompany 412

ClearCompany Competencies Hiring Software Hiring 412

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. Analyze your company’s overall strategy and growth plans for the year. Remove subjectivity and rely on data instead.

Video Recruiting 89

Video Recruiting Recruiting Software Hiring Software Recruitment 89

Vantage Circle

JANUARY 10, 2024

Employee turnover is an unavoidable and mostly reality in business. However, developing a strong retention strategy centered around meaningful metrics can lead to happier, more productive employees and significant cost savings for a company. As an HR professional, what retention metrics should you be tracking?

Metrics 52

Metrics Retention and Turnover HR Software Benchmarking 52

Vantage Circle

JANUARY 10, 2024

Employee turnover is an unavoidable and mostly reality in business. However, developing a strong retention strategy centered around meaningful metrics can lead to happier, more productive employees and significant cost savings for a company. As an HR professional, what retention metrics should you be tracking?

Metrics 52

Metrics Retention and Turnover HR Software Benchmarking 52

15Five

APRIL 16, 2024

However, onboarding the wrong software can result in wasted resources and a minimal impact on key engagement metrics such as retention, absenteeism, and turnover. Medium-sized companies (50-500 employees): A scalable performance management solution that can adapt to growing HR demands and usage.

Onboarding Software 207

Onboarding Software Assessment Software HR Software Planning Tools 207

Acendre

MAY 19, 2023

“83 percent of 924 companies surveyed globally have low people analytics maturity, as compared to the high maturity organizations which have graduated to more advanced practices,” according to Deloitte’s Global Human Capital Practice leader Art Mazor, in his recent analysis of talent acquisition analytics. And measuring recruitment success.

Talent Acquisition 52

Talent Acquisition Recruiting Software Hiring Software Recruitment 52

Extensis

DECEMBER 20, 2023

These technologies can also help HR functions become more efficient, equitable, and data-driven. By analyzing vast amounts of data, these tools (in tandem with human professionals) can identify top job candidates and reduce hiring bias. Take, for instance, the role AI plays in recruiting.

HR Trends 94

HR Trends HR Software HR Planning Trends 94

ClearCompany HRM

JULY 28, 2022

A lack of engagement can lead to a decrease in productivity and employee retention — and it’s expensive, too. First, dig into some reasons why employee engagement should be a top priority for your company. For reference, disengaged employees could cost your company around 18% of their annual salary. trillion globally.

ClearCompany 431

ClearCompany Employee Engagement Hiring Software Productivity 431

PoliteMail

JULY 13, 2023

Benchmarking compares an organization’s performance — using metrics and key performance indicators (KPIs) – to standardized data from the historical performance within your own company or other companies within your industry. What KPIs are essential for evaluating your company’s communications performance?

Benchmarking 52

Benchmarking Assessment Software Planning Tools Retention and Turnover 52

Analytics in HR

FEBRUARY 19, 2024

HR metrics provide a data-driven approach to managing human capital, offer insights into the effectiveness of HR practices, and ultimately predict the future. These metrics cover a wide range of areas, including recruitment, retention, training, employee satisfaction, performance, and productivity. This list is by no means exhaustive.

Metrics 95

Metrics HR Software Hiring Software HR Planning 95

15Five

APRIL 21, 2022

Attracting great talent has never been more competitive, with companies understandably wanting to provide the most enticing compensation packages possible. Read on to hear about how 15Five recently rolled out a new process to visualize compensation data and communicate total rewards value to our team. The compensation conundrum.

Compensation 224

Compensation Bonuses and Incentives Data Retention and Turnover 224

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. Improve company culture. Why should you conduct a workforce analysis? How to conduct a workforce analysis.

Analysis 79

Analysis HR Planning Hiring Software Retention and Turnover 79

Analytics in HR

JULY 31, 2023

But it’s up to HR to not only ensure that upskilling and reskilling opportunities are happening but that they are happening for the right people within strategic roles aligned to company needs and objectives. According to recent data from the Society for Human Resource Management (SHRM), it costs approximately $4,700 per hire.

Staffing Software 81

Staffing Software Staffing HR Planning Planning Tools 81

HR Shelf

SEPTEMBER 4, 2023

Along with a positive company culture, offering attractive and competitive salaries is also equally important in engaging and retaining top talents within your organisation. But how can companies ensure their salaries remain competitive in this cutthroat and continually-shifting job market? How does salary benchmarking work?

Benchmarking 52

Benchmarking Assessment Software Planning Tools HR Software 52

Bob

SEPTEMBER 21, 2023

The decision of whether to invest in a new HCM , both for first-time buyers and companies looking to switch from an existing HR system, is not an easy one. While historically HR has been considered a cost center, modern companies understand the value it brings to the business. Take Amanda Edwall, Anyfin ’s CPO, for example.

Hiring Software 78

Hiring Software Onboarding Software HR Software Recruiting Software 78

Pingboard

JULY 7, 2021

Human Resources metrics (which we’ll refer to as “HR metrics”) are benchmarks that allow you to measure how well your HR initiatives are performing and how they contribute to the overall success of your organization. Retention . Employees can self-report these details or you can use the data already in your system. Recruitment.

Metrics 52

Metrics Hiring Software HR Software HR Planning 52

Bayzat

FEBRUARY 7, 2024

Data-Driven Decision-Making In uncertain times, data becomes a valuable asset for decision-making. By leveraging data-driven decision-making, businesses can make informed choices that optimize resource allocation and mitigate risks in turbulent economic environments. Driving Growth At its core, HR tech is a growth enabler.

HR Software 52

HR Software Hiring Software Onboarding Software Recruiting Software 52

HRExecutive

JANUARY 8, 2024

You can’t expect executives to simply leap with you without building a case for why they should leap, using compelling data. Advertisement - Using data also gets HR leaders out of the vicious cycle we so often find ourselves stuck in, putting out one fire just to move on to the next. Click here to register.

HR Software 95

HR Software Assessment Software Data Retention and Turnover 95

6Q

JUNE 4, 2023

A high employee turnover can impact your company’s overall performance and productivity, as well as its bottom line. A high turnover rate is costly since you’ll have to replace employees who have quit the company. The good news is, you can implement strategies to reduce staff turnover. What is employee turnover?

Retention and Turnover 98

Retention and Turnover Hiring Software Onboarding Software HR Planning 98

Hppy

JULY 5, 2023

In HR, data plays a crucial role in understanding employee trends, improving performance, and optimizing workforce management. However, the accuracy and reliability of HR analytics are heavily dependent on the quality of the data being used. This is where data cleansing comes into play. What is Data Cleansing?

Analytics 91

Analytics HR Software Data Planning Tools 91

Visier

JUNE 24, 2020

Succession planning with data. Fictional data used. Fictional data used. Fictional data used. If employees are ready to move into positions of greater responsibility, and are not seeing career progression, this may result in an increased risk of unwanted turnover. Fictional data used. Fictional data used.

Succession Planning 372

Succession Planning Planning Tools Data Talent Experience 372

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. For example, companies often see a turnover spike in January.

Retention and Turnover 61

Retention and Turnover Hiring Software Interview Software Onboarding Software 61

Visier

FEBRUARY 20, 2018

Turnover Contagion: Tracing the Source. It’s also a lesson for HR leaders looking to treat a viral event of a different sort: turnover contagion. Turnover contagion happens when people quit their jobs simply because other people are talking about leaving, job searching, or actually jumping ship. Quitting is contagious.

Retention and Turnover 153

Retention and Turnover Planning Tools HR Software Visier 153

Bob

OCTOBER 9, 2023

However, it’s also vital that your teams be able to derive key insights from the wealth of HR data the tech will make accessible. What is HR data literacy? Data literacy skills not only unlock the true value of your people data but also build the credibility of your HR team. Who uses HR data across the company?

HR Software 78

HR Software HR Planning Onboarding Software Recruiting Software 78

Analytics in HR

FEBRUARY 9, 2022

So, how can you reduce new hire turnover in your business today? Contents What is new hire turnover? How do you calculate new hire turnover? How to reduce new hire turnover. What is new hire turnover? New hire turnover can be voluntary —an employee decides to leave—or involuntary —an employee is asked to leave.

Video Recruiting 116

Video Recruiting Hiring Software Hiring Retention and Turnover 116

15Five

MAY 19, 2023

Time-to-hire Time-to-hire refers to the amount of time between when a candidate is sourced and when they accept an offer from your company. Cost-per-hire Cost-per-hire includes the total recruitment costs (internal and external) for each person your company hires. The more productive employees are, the more money the company generates.

HR Planning 224

HR Planning Metrics HR Software Hiring Software 224

Insperity

OCTOBER 17, 2023

Here are eight ways that your organization’s HR personnel can have a direct, positive impact on your employee retention strategy and serve as a valuable partner alongside management. Recruiting professionals on your HR team can help your company: Source candidates who align with both job requirements and organizational values and culture.

HR Planning 102

HR Planning HR Software Hiring Software Strategy 102

6Q

SEPTEMBER 21, 2022

In this guide, we share some clever methods to increase your employee retention rate, and keep your team for longer. If this happens at your company — and often — you’re not alone. For businesses across the globe, these high turnover rates are causing havoc, impacting productivity, slowing collaboration and harming the bottom line.

Hiring Software 119

Hiring Software HR Software Onboarding Software Retention and Turnover 119

Lighthouse

JULY 30, 2018

Did you realize that the way your company approaches compensation policy can actually create (or reduce) employee turnover? 3 Ways Compensation Practices Can Lead to Retention Risk. Below are three examples of how attention to compensation can uncover potential retention risk. What Causes Employees to Decide to Leave.

Compensation 113

Compensation Policies Retention and Turnover Benchmarking 113

HSD Metrics

FEBRUARY 7, 2022

Creation Date: 12/10/2019 --> 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. HR departments are left with the task of managing and improving turnover. Others will schedule exit interviews.

Retention and Turnover 52

Retention and Turnover Harassment HR Software Interview Software 52

HR Daily Advisor

JANUARY 29, 2018

HR and business leaders see this firsthand as they fight to keep innovative, eager talent engaged and on their teams and are leveraging their people data to improve the hiring and talent retention process. Benchmarking. However, as the world of work evolves, so are benchmarking tools. That’s a signal for action.

Hiring Software 101

Hiring Software HR Software Recruiting Software Benchmarking 101

ClearCompany HRM

JANUARY 31, 2023

According to Talent Board’s 2022 North American Candidate Experience (CandE) Benchmark Research Report, resentment among new hires increased, meaning that they had more negative experiences last year than they did in 2021. Is #EmployeeOnboarding at the top of your HR priorities this year?

Onboarding Software 396

Onboarding Software ClearCompany Onboarding Hiring Software 396

cipHR

SEPTEMBER 14, 2021

Learn about the causes of high staff turnover, how to calculate your churn rate and various practical strategies to improve staff retention. The increase in turnover is partly due to employees wanting more from their employer. What is employee turnover? Calculating staff turnover rate.

HR Software 98

HR Software Video Recruiting Retention and Turnover Hiring Software 98