Remove Benchmarking Remove Data Remove How To 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.

How Does Turnover Impact Your Organization’s Bottom Line?

Visier

Employee turnover is a critical challenge that almost all HR managers stress over. Turnover rate is a typical measurement that many organizations use as a scorecard for HR. Changing the question from “What is our turnover rate?” to “What is the cost of our turnover?”

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

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? And if it is, how do you focus your efforts to improve?

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. If you’re not already analyzing turnover data, you can use this quick guide to figure out how to calculate employee turnover.

Why Being Data-Driven Isn’t Enough

Visier

Even the most qualitative departments, such as Marketing, moved from “art” to “science” through the use of data. . Business operations run everything on data and it seems like there isn’t a single corporate function that isn’t data-driven–except for HR. .

Data 271

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

HR Bartender

(Editor’s Note: Today’s post is brought to you by our friends at SilkRoad , a global leader in Talent Activation. At this year’s HR Technology Conference and Expo, SilkRoad announced a strategic partnership with CareerBuilder to provide client companies an enhanced onboarding experience.

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.

Here’s How IBM Predicts 95% of Its Turnover Using Data

Linkedin Talent Blog

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.

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. According to a Gallup’s 2015 Workforce Panel study, 51% of employees are actively looking for a new job at any given time. What Is Employee Turnover?

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

Visier

As a result of being the top challenge for such a long period of time, it is clear that CEOs and board members fully understand the value of Human Capital, but they have also learned to expect a higher rate of strategic change than most HR functions have been able to deliver.

Data 270

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

Bonusly

But come January, the environment can be drastically disrupted by New Year turnover. Why is Turnover Important? But because of globalization and demographic shifts, it’s becoming more challenging, and therefore increasingly important, to retain key employees. Employee Retention

Five Powerful Ways Your HR Team Can Leverage Big Data

SuccessFactors

The term “Big Data” seems mysterious to many HR organizations. Of course, if you don’t know what this technology is and how it works, you can’t use it to add value. But only the data that affects business greatly on daily basis counts.

Data 69

How to Measure the ROI from Your HR Software

Cronofy

Just to establish the obvious: you didn’t buy your new HRMS as a pleasing ornament, nor as a way of ‘keeping up with the Joneses’ – you bought a new HRMS as a business investment and as such, you hope for (need!) to see a return on that investment.

How to Elevate HR (And Keep the C-Suite Happy)

WorkHuman

The survey asked more than 3,300 business and HR leaders from 106 countries to assess the importance of specific organizational challenges and how prepared they were to meet those challenges. Deloitte outlines four trends that give context to this culture and engagement dilemma.

How to Measure Quality of Hire

HR Daily Advisor

But is there a measurable way to know how often the organization meets this goal? But there are actions we can take to at least measure the quality of our hiring decisions on a consistent basis—even if we can never fully banish the subjectivity of such a measurement.

How to Buy HR Software – A Step by Step Guide Complete with Best Practices

Select Software Reviews

Buying HRTech (or WorkTech , PeopleTech, TATech…whatever you want to call it) can be very difficult. There are many vendors, internal stakeholders, and general pitfalls that you have to look out for. This page is dedicated to the process of buying any type of HR software.

How to Make Your Coworker’s Next Work Anniversary Unforgettable

SnackNation

How to Make Your Coworker’s Next Work Anniversary Unforgettable. With everything on your plate, it can be tempting to let anniversary celebrations fall to the wayside. But neglecting them can turn out to be a costly cultural error.

Video 78

How to Speak With Your Non-Profit Employees About Compensation

Compensation Today

However, when communication about compensation is handled correctly, it can increase employee trust in the organization, improve employee engagement, and decrease turnover. Ultimately all these improvements lead to a higher likelihood of accomplishing organizational objectives.

Three Ways to Get More Out of Workday in 2018

Workday

My trick is to make enough resolutions that I know I’ll keep at least one. to help our customers realize as much value as they can from our products and services. We want everyone across your workforce to know which Workday features will make their lives easier and their jobs more productive. 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.

How to Get the Most Out of Your Employee Engagement Survey

Achievers

Skip to content. Employee Retention. Employee Retention. How to Get the Most Out of Your Employee Engagement Survey. How to Get the Most Out of Your Employee Engagement Survey. times more likely to leave in the next six months.”.

Onboarding for Success: How to Engage the "Expectation Generation"

Cielo HR Leader

Unsurprisingly, they have high expectations of potential employers and they look for flexibility and efficiency in how they manage their working lives. By 2020, 50% of the global workforce will be made up of this generation, which begs the question, how should employers respond? Organisations need to step up and ensure that their processes are innovative and slick and offer a high-quality experience throughout the employee lifecycle.

5 Data-Based Reasons to Make Employee Education a Priority

Achievers

If you’re not offering employees education opportunities then you might want to reconsider. And this doesn’t have to be expensive. But before you discard this idea, let the data speak for itself. Employees Want Special Training to Advance Their Careers.

What Are the Benefits of Bringing Data Analytics to Payroll?

Zenefits

At some point, every hiring manager has to ask themselves one important question. Without a compensation management tool, determining the answer to that question can be difficult. Or you might have noticed that you’ve lost a few good employees to other companies that pay more than you do. In any case, if you manage people, you want to pay them fairly, and that means that you need to employ good compensation management practices. The data are incomplete.

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. Why does the Rooney Rule matter to HR?

Top 10 People Analytics Difference Makers to Look For

Visier

Travelling to HR Tech next week ? It’s the place to be for the latest and greatest in HR technology trends–especially analytics. . Unfortunately, the ability for HR to gain meaningful answers has been getting worse. Want to reduce the risk of gender bias or pay inequity ?

The 5 biggest challenges facing remote workers (and how to solve them.)

Interact-Intranet

Remote working, telecommuting, flexible working – thanks to the wonders of technology, we’re increasingly finding new ways to get the job done. We can cut out the nightmare commute and work intuitively to our own rhythm, energy levels and timetables.

HR Analyst job description

Workable

Post this HR Analyst job description template on online job boards and careers pages to attract qualified candidates. HR Analyst responsibilities include: Gathering benchmark data about jobs, compensation and benefits. Calculating retention, turnover and internal mobility rates. The post HR Analyst job description appeared first on Recruiting Resources: How to Recruit and Hire Better.

Survey Says…

HRO Today

Culling data from employee engagement surveys can drive strategic business decisions. But while these initiatives are quite popular, employee engagement programs continue to see mixed results. One problem holding companies back is the ineffective collection and use of engagement data.

Introduction to Recruiting Metrics FAQ

Workable

Here are frequently asked questions and answers about recruiting metrics to help you understand recruiting data and use it to boost your hiring: Intro to Recruiting Metrics. Which are the most important metrics to track? How do I calculate recruiting metrics?

How Healthcare Employers Can Manage Nursing Talent More Strategically

Precheck

How Healthcare Employers Can Manage Nursing Talent More Strategically May. Research by the American Association of Critical-Care Nurses says that while nurses report being highly satisfied with their career path, 54 percent said they plan to leave their current job within three years.

How Workforce Analytics Can Take You Beyond The Clock

nettime solutions

When applied to the HR world, workforce analytics help HR staff analyze data relating to productivity levels, performance, if training is effective, and can even predict turnover. What are you doing to increase employee engagement? Turnover and retention.

The Future of Workforce Planning

HR Daily Advisor

Employee turnover is extremely expensive, costing up to 1.5 to 2 times an employee’s salary , and those numbers are rising. Workforce planning examines the entire employee lifecycle and determines how to best recruit, grow, deploy, optimize, and retain employees.

8 Questions to Ask for Effective HR Reports

EmployeeConnect

HR departments and companies invest billions to develop and upgrade their databases without spending enough time to design relevant and useful HR reports. 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.

Report 126

SurvaleTM Announces Record Growth, New Capabilities and Awards for 2018

Survale HR

SAN FRANCISCO, CA – January 22, 2019 – Leading Workforce Feedback and Analytics Platform, Survale , announces another record year of growth and accomplishments as it continues to innovate feedback-based recruiting.

Stay Interviews Are the Innovative Thing We Didn’t Know We Needed

Saba

He looked far beyond surveys, focus groups, and others’ opinions to drive home ideas he was certain we would crave. What data told Steve that we would want cell phones that would store downloaded music, making us walk around with buds in our ears? How far out of touch are exit surveys?