Remove Benchmarking Remove Compliance Training Remove Data Remove Retention and Turnover

Solidifying a Competitive Advantage with Engagement Benchmarking

Ultimate Software

As our exposure to Big Data progresses exponentially, analytics and BI are playing an increasing role in overall corporate strategy. Few departments are exempt from regularly analyzing and reporting metrics to the C-suite, and long-term tracking of this data is invaluable.

Benchmarking: An Important Tool in the War for Talent

HR Daily Advisor

With unemployment at a 16-year low, the risk of employees considering other job opportunities is high. In fact, the ADP Workforce Vitality Report found that job switching in the U.S. during the 3 rd quarter of 2017 was 27%– an all-time high. Benchmarking.

Curbing Employee Turnover Contagion in the Workplace

Visier

The deadly 2002-2003 SARS outbreak remained an epidemiological mystery for over a decade. The source of the disease — which killed 774 people worldwide — was unknown, and there was no vaccine. Turnover Contagion: Tracing the Source.

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

Ultimate Software

Data is now the most valuable currency in the world. But in contrast to the murky ethics of sourcing and selling consumer-driven data , leveraging internal HR data analytics to make better workforce decisions has been a key Human Resources best practice for decades.

Compensation Dictionary

This is your crash course in the compensation. Find all the terms you need to. Your pay philosophy statement is typically something all employees can access (either in the employee. handbook or via an intranet) and answers the question of why you have a plan in the first place.

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 these two industries, the norm is for employees to stay in their current professional specialty.

How to Save Your Company from Unhealthy Turnover and Optimize Retention

Bonusly

High turnover is a major concern for many organizations. In 2018, over 40 million people quit their jobs in the US compared to just 30 million in 2014. But how do you know if your turnover really is an issue? Let’s take an analytical approach to retention.

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. Give Your Team the Data They Need.

What Is Employee Turnover (and Why It Matters)

Zenefits

At some point, if your business is more than one person, you’re likely to deal with employee turnover. If and when any of those people actually leave, the cost isn’t trivial. The hiring process takes 36 days on average. What Is Employee Turnover? The U.S.

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. Learn What Matters to Your Employees; the Benefit Myth.

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. Learn What Matters to Your Employees; the Benefit Myth.

11 Easy Ways to Reduce Employee Turnover

Bonusly

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.

How to Calculate Employee Turnover

HRsoft

Analyzing employee turnover can be painful but necessary. As you probably already know, the costs associated with turnover can be damaging for any organization. How To Calculate Employee Turnover. This could include recruitment efforts, training, and more.

ADP Research Institute Sets International Benchmark for Employee Engagement with its 19-Country Global Study of Engagement

HRO Today

Study uncovers what conditions at work are most likely to attract and keep workers: Sixteen percent of employees around the world consider themselves fully engaged, revealing 84 percent of the global workforce is not working at its full potential. About the ADP Research Institute.

Data Journalism for HR: The Beginner’s Guide

Visier

For the average person, data without a narrative is like a trip into the wilderness without a compass: overwhelming and disorienting. But when the facts are tied together by a good story , an otherwise intimidating journey turns into an enriching experience.

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10 Reasons To Shift To A Data-Driven High Business Impact HR Model

Visier

The latest survey from the prestigious Conference Board ranks Human Capital as the #1 challenge facing global CEOs. Recommended Read: The Value of HR Analytics: Why Every Company Should Be A Quantified Organization ]. Analytics will identify the hidden causes of problems.

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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.

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

HR Bartender

Enjoy the post!). The reason is obvious. The question becomes, what’s the best way to evaluate success. Here are the two key areas to cover during an evaluation: 1. What is the organization spending? 2. What level of value is the company receiving?

5 Data-Based Reasons to Make Employee Education a Priority

Achievers

Today’s generation of workers have put employee education and development high on their list of the most-desired benefits that a company can offer. It’s an expense none-the-less. But before you discard this idea, let the data speak for itself. Find the Budget for Learning.

How Healthcare Employers Can Overcome Unprecedented Turnover

Precheck

How Healthcare Employers Can Overcome Unprecedented Turnover Oct. It’s not just your organization — turnover is rampant across healthcare employers. And while those numbers apply to all healthcare employees, the stakes get even higher when you look at care providers.

Why Employee Turnover Spikes after the Holidays and What to Do about It

Bonusly

The holidays are approaching rapidly. Before you know it, the turkey decorations will be replaced with holiday music, and then bam : it’s January. But come January, the environment can be drastically disrupted by New Year turnover. Why is Turnover Important?

Using Employee Feedback Data to Train the Next Generation of Management

Kazoo

In the wake of today’s talent challenges, having an engaged employee base is critical to success in any industry. As Baby Boomers retire, the need to shape younger workers to fill available management roles grows stronger. What is Employee Feedback Data?

Five Powerful Ways Your HR Team Can Leverage Big Data

SuccessFactors

The term “Big Data” seems mysterious to many HR organizations. Big Data describes the huge amount of data, both structured and unstructured, that people and systems are using. But only the data that affects business greatly on daily basis counts.

5 Human Resource Management Goals for Your Small Business

OmegaHR Solutions

I occasionally publish the work of freelance writers who write about human resources. It’s that time of year: suddenly everyone is swearing off sugar and joining a gym. And the new year is the perfect time to develop a strategic plan to grow your human resources efforts.

Delivering talent to your industry: Public Sector

InforHCM

Infor’s talent selection software, Talent Science, is adept at finding the best candidates for jobs with very large populations in the organization. This is due to Talent Science’s ability to scale with the needs of high-volume hiring companies, a vital need for municipalities, school systems, and government agencies like those found in the public sector of the marketplace. Data analytics heralds a new recruiting model for state and local governments.

Amazon Coming to Town? Mitigate Talent Shortfalls with People Analytics

HR Daily Advisor

While job seekers looking to join the industry giant eagerly anticipate the final announcement, companies currently operating in those shortlisted cities are dreading the impact that Amazon will have on their ability to attract and keep their top employees.

Three Ways to Get More Out of Workday in 2018

Workday

So here we are, the start of a new year. 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. This will get even easier with Workday 30, when you’ll be able to directly add new features announced in the “What’s New in Workday” report in Workday Community to your adoption plans. Data is the world’s new currency.

HSD Metrics® Expands ExitRight® Staff With Hiring of Tina Califano

HSD Metrics

Califano will provide expertise in all aspects of exit interview services from marketing through set up and delivery of ExitRight turnover data. For most organizations today retention is a priority, and accurate, timely data is the first step to decreasing turnover.”.

Opinion: Why ‘bad’ data can be good news for your organisation

cipHR

When HR professionals talk about data analytics , generally they focus on the good stuff. But every employer is at a different point in their data journey; some we work with have very little or even no people data to draw on at all, while others use a balanced scorecard to identify their financial, internal, customer, learning and growth metrics. For example, in our field of dispute resolution, a commonly cited financial metric is staff turnover.

How HR Can Tackle Diversity Using the Rooney Rule

Visier

In August 2015, the need for more workforce diversity was spotlighted in a big way when President Obama issued a call to action to technology companies, encouraging them to hire more women and minorities by implementing the Rooney Rule. What is the Rooney Rule?

Survey Says…

HRO Today

Culling data from employee engagement surveys can drive strategic business decisions. One problem holding companies back is the ineffective collection and use of engagement data. Finding the Right Metrics. feedback from the “Great Place to Work Survey.”.

Promoting from Within Should Be a Priority

HSD Metrics

The department that I was in did not acknowledge the skill sets of the employees there. It would increase the morale of the employees if the company would start to promote from within.” – Actual comment from employee exiting a company.

The Value of Measuring ROI in L&D programs

Everwise

The rewards of a learning and development program are many: increased employee retention , engagement, and productivity, just to name a few. Having a L&D strategy is especially crucial to capturing millennial talent – the largest segment of the workforce, for whom ongoing development support trumps all other benefits. But despite the fact that many companies continue to pump money into L&D programs (to the tune of $90.6 Turnover.

12 Ways to Get C-Suite Buy-In for Great HR Initiatives

Visier

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.

How Healthcare Employers Can Manage Nursing Talent More Strategically

Precheck

Nurses are a critical part of the healthcare workforce, so the ongoing nursing shortage is a big challenge. Problems with the work environment were a major contributor to this restlessness, especially the lack of appropriate staffing. What are your pay benchmarks?