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Crucial HR KPIs you need to make data-driven decisions

Business Management Daily

These are all questions that measure the effectiveness of your human resources department, and the best way to answer them is by paying attention to essential HR KPIs (key performance indicators). Yet, there’s no shortage of human resources KPIs out there, so how do you know which you should track?

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What is HR Analytics? All You Need to Know to Get Started

Analytics in HR

HR analytics allows HR professionals to make informed decisions and create strategies that will benefit employees and support organizational goals. In this article, we will explain what HR analytics is, its benefits, as well as how to get started and grow in your HR analytics capabilities. Contents What is HR analytics?

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Beginner’s Guide to Collecting and Analyzing HR Metrics

Homebase

These aren’t just HR headaches; they’re alarm bells for your business health. These HR metrics are indicators that help you analyze business performance and define goals. But the real challenge lies in effectively gathering accurate data. Here are some key steps to effectively collect and analyze HR metrics: 1.

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How to get started with HR benchmarking

Achievers

These questions and others can be answered with the effective use of HR benchmarking. Let’s explore what HR benchmarking entails and why it might be worth pursuing at your organization. What is HR benchmarking? HR benchmarking, while a useful tool in the right circumstances, has its limitations.

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HR OKRs: All You Need to Know [With 11 Examples]

Analytics in HR

HR teams take on more responsibility and projects every year to take care of the organization’s most valuable asset: People. Developing HR OKRs is one of the best ways to prioritize initiatives and focus efforts in the right direction. Contents What are HR OKRs? OKRs vs. KPIs Why should you set HR OKRs?

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How HR Technology Solves Common HR Challenges | ClearCompany

ClearCompany HRM

The workplace has evolved more rapidly than ever in recent years, and human resources departments have had a central role in navigating these changes. With so much on their proverbial plate and new challenges to solve each day, your team needs to update your HR tech tools.

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How to Prepare for the Next Wave of HR Benchmarking

Visier

HR benchmarking first hit the scene in 1980 , giving organizations a way to assess relative performance for important measures such as turnover. In this first wave of benchmarking, HR had to leverage surveys and other data that was often self-reported, and therefore subject to bias. Benchmark everything.