Remove Benchmarking Remove Data Remove Guidelines Remove Retention and Turnover

A Strong Dose of Strategy

HRO Today

And the lack of vision was affecting the organization’s hiring outcomes: Ninety-day retention was extremely low. Involuntary turnover was high compared to the competition. Cost of turnover was conservatively $20,000 per hire.

8 Questions to Ask for Effective HR Reports

EmployeeConnect

That’s why staff members complain and protest about inaccurate assessments, data-driven errors and unpopular decisions – HR reporting fails to deliver unless the HR reports dig down into the databases to get the most accurate and relevant performance information, employee profile data and business intelligence. Data-driven decision management , or DDDM, is an approach that uses verifiable data to assist in decision-making processes.

Report 122

Onboarding: Your Upfront Investment in Employee Performance

Everwise

In today’s increasingly competitive talent market , what if there was a way to improve retention of top employees? Companies are embracing technology to take an innovative employee-experience approach versus the age old employee data management method of onboarding. Better Retention.

The Compensation “Off-Season”

Decusoft

They can provide valuable input and information regarding compensation programs effectiveness and as we all know, not all talent acquisition and retention issues are about pay. Take a look at your policies and guidelines. Review turnover. Specifically focus on regrettable turnover. Conduct a post turnover survey of employees who have been gone at least 12 months. Consider conducting a retention survey that includes a cross-section of current employees.

Compensation Dictionary

who prefer the less formal terminology may refer to these as guidelines. Written guidelines or policies ensure the compensation plan is carried out as intended and, more. Gather external data and evaluate that information against how you are paying internally.

How to Get the Most Out of Your Employee Engagement Survey

Achievers

Employee Retention. Employee Retention. Facebook’s Scott Judd writes that “Simply asking our people how long they intend to stay is more than twice as accurate at foretelling their future turnover than machine-learning forecasts by an industry leader in predictive analytics.”