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

Precheck

MAY 13, 2019

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. The AACN report found a relationship between nurses’ intent to leave a position and their perception of their frontline managers.

Retention and Turnover 111

Retention and Turnover Sexual Harassment Staffing Software Benchmarking 111

Bob

SEPTEMBER 20, 2022

There are many challenges facing today’s workplace regarding recruitment and retention. At the same time, these same companies must pay attention to ensuring that their tenured employees receive fair compensation that’s on par with new hires or put themselves at risk of high employee turnover rates.

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 million to $7.9

Retention and Turnover 69

Retention and Turnover HR Planning Bonuses and Incentives Staffing Software 69

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. Sub-data include open rates, page views, click-through rates, and event participation.

Benchmarking 52

Benchmarking Assessment Software Planning Tools Retention and Turnover 52

ClearCompany HRM

JULY 28, 2022

A lack of engagement can lead to a decrease in productivity and employee retention — and it’s expensive, too. High employee turnover rates lead to increased hiring costs, which can be as much as two times the employee’s salary. Organizations with highly engaged employees report: 18% higher productivity for sales teams.

ClearCompany 431

ClearCompany Employee Engagement Hiring Software Productivity 431

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. Why should you conduct a workforce analysis? How to conduct a workforce analysis. What is workforce analysis?

Analysis 79

Analysis HR Planning Hiring Software Retention and Turnover 79

Bob

SEPTEMBER 21, 2023

Among many other benefits, an HCM helps you save hours of admin time by automating repetitive tasks—and we know that time is money—and provides real-time people data you can share with C-level executives for guiding the company’s long-term strategy and use for regulatory reporting.

Hiring Software 78

Hiring Software Onboarding Software HR Software Recruiting Software 78

HR Shelf

SEPTEMBER 4, 2023

This is where salary benchmarking comes in, enabling businesses to gauge their own salaries and benefits against competitors within their industry and across the broader market. However, first of all we need to know how salary benchmarking works ? How does salary benchmarking work? Why is salary benchmarking important?

Benchmarking 52

Benchmarking Assessment Software Planning Tools HR Software 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

Analytics in HR

JULY 31, 2023

A well-crafted staffing plan: Minimizes labor costs Maximizes productivity Provides a competitive edge in the market Improves the quality of new hires Reduces turnover Drives career and skills development Fosters a more engaged and satisfied workforce. Also consider employee retention metrics, such as the turnover rate or average tenure.

Staffing Software 81

Staffing Software Staffing HR Planning Planning Tools 81

PlanSource

MARCH 16, 2022

6 Must-Know Stats from Our 2022 Benefits Benchmark Report. We’ve scoured over 200 million benefit elections in our system and analyzed real user behavior and data to bring you our 4th annual Benefits Benchmark Report. 6 Must-Know Stats from Our 2022 Benefits Benchmark Report. Return to resources.

Benchmarking 52

Benchmarking Report Planning Tools HR Software 52

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.

Metrics 52

Metrics Hiring Software HR Software HR Planning 52

EmployeeConnect

FEBRUARY 1, 2024

From automating routine HR tasks to providing data-driven insights for strategic decision-making, the benefits of HRIS are vast. Data-Driven Decision-Making: HRIS provides valuable analytics and reporting tools that enable data-driven decision-making in areas like workforce planning, talent management, and performance evaluation.

Assessment Software 147

Assessment Software Onboarding Software HR Planning HR Software 147

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 96

HR Software Assessment Software Data Retention and Turnover 96

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

15Five

MAY 19, 2023

(It’s also helpful to reference when asking for support on programs to boost retention. The less turnover you have, the less you have to spend on filling vacant roles.) Employee engagement rate Gallup’s 2022 State of the Global Workplace report shows only 21% of employees are engaged at work.

HR Planning 224

HR Planning Metrics HR Software Hiring Software 224

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

Lighthouse

JULY 30, 2018

Did you realize that the way your company approaches compensation policy can actually create (or reduce) employee turnover? Both employers and employees believe workers need to leave their organization in order to achieve higher pay and career advancement, according to the ADP Research Institute® report, The Evolution of Work 2.0:

Compensation 113

Compensation Policies Retention and Turnover Benchmarking 113

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

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

Analytics in HR

NOVEMBER 5, 2018

Quite a few case studies have come from the excellent Strategic Workforce Analytics report by Corporate Research Forum. This information was provided anonymously to managers so they could reduce turnover risk factors and retain their people better. Turnover at Experian. The full article can be found here. Flight risk at IBM.

Case Study 96

Case Study Analytics Study HR Software 96

6Q

SEPTEMBER 21, 2022

In this guide, we share some clever methods to increase your employee retention rate, and keep your team for longer. For businesses across the globe, these high turnover rates are causing havoc, impacting productivity, slowing collaboration and harming the bottom line. Employee retention rate: why are workers leaving?

Hiring Software 119

Hiring Software HR Software Onboarding Software Retention and Turnover 119

Insperity

OCTOBER 17, 2023

There are lots of tips out there for guiding managers in retaining their direct reports. 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. As it turns out, you can.

HR Planning 102

HR Planning HR Software Hiring Software Strategy 102

HR Daily Advisor

JANUARY 29, 2018

In fact, the ADP Workforce Vitality Report found that job switching in the U.S. 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.

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. You can compare these turnover metrics with new hire turnover to see if there’s an overlap.

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

Precheck

DECEMBER 16, 2019

For example, after conducting replacement and allocation planning, a team that includes the business owner and department managers can then hold a discussion about staffing requirements for the next reporting period and make forecasting decisions together. How to Gain Support from Executives for Your Workforce Planning Strategies.

HR Planning 83

HR Planning Workforce Planning Planning Tools HR Software 83

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

Cisive

OCTOBER 15, 2019

For example, after conducting replacement and allocation planning, a team that includes the business owner and department managers can then hold a discussion about staffing requirements for the next reporting period and make forecasting decisions together. How to Gain Support from Executives for Your Workforce Planning Strategies.

HR Planning 84

HR Planning Workforce Planning Planning Tools HR Software 84

Analytics in HR

JULY 31, 2023

Let’s go over the 12 key HR functions : Human Resources planning – The systematic and data-driven practice of optimizing the company’s workforce. Internal mobility helps organizations improve employee engagement and retention while reducing hiring costs. These are the HRM outcomes.

HR Planning 57

HR Planning Resources Hiring Software Onboarding Software 57

UKG

JUNE 4, 2021

CFOs are seeking out data on absences for sickness or injury, varying rates of absence across multiple worksites, average lengths of time off, and other wellness-related data that was previously thought of as more the domain of human resources. Data analysis. Some noteworthy data analysis KPIs might include: Overtime hours.

Metrics 52

Metrics Hiring Software Staffing Software Onboarding Software 52

Bob

FEBRUARY 22, 2024

From recruitment and onboarding to training and development, retention programs, and succession planning, it’s important to understand what’s happening at every stage of the employee lifecycle. Without data, it’s impossible to know exactly how effective your talent management system is. Why measure talent management KPIs?

Talent Management 95

Talent Management Metrics Hiring Software Recruiting Software 95

EmployeeConnect

JANUARY 15, 2023

This lack of staff involvement and growth can result in lower productivity, greater employee turnover , and an inability to assume leadership responsibilities. Gather and evaluate the data. Utilize the data to detect skill shortages and choose which skills should be prioritised. Prioritize the objectives and aims.

HR Planning 264

HR Planning Planning Tools Assessment Software Compliance Training 264

HR Lineup

JUNE 14, 2023

HR KPIs provide measurable data that enables HR professionals to track their performance, identify areas for improvement, and demonstrate their value to the organization. Measure HR’s impact: HR KPIs provide quantifiable data that allows HR professionals to measure the effectiveness of their initiatives.

HR Software 88

HR Software Retention and Turnover Assessment Software Recruiting Software 88

HR Daily Advisor

SEPTEMBER 21, 2017

The labor market is tightening and turnover is increasing, but banks are planning to grow employment, according to data from the Crowe Horwath LLP 2017 Bank Compensation and Benefits Survey. The survey, which compiled data from 375 banks, also shows salary and bonus benchmarks for 263 job positions.

HR Planning 46

HR Planning Planning Tools Industry Hiring 46

Extensis

JANUARY 4, 2024

With insights from our internal experts, the ExtensisHR 2024 HR Trends Report reviews the top 10 developments expected to impact employers, from the rising use of artificial intelligence to the need to upskill current staff. Further details and potential action items for your clients can be accessed in the complete report.

HR Trends 105

HR Trends HR Planning HR Software Trends 105