15Five

APRIL 16, 2024

However, onboarding the wrong software can result in wasted resources and a minimal impact on key engagement metrics such as retention, absenteeism, and turnover. Ensure that key data is readily accessible on a dashboard and that the interface is user-friendly and easy to navigate.

Onboarding Software 207

Onboarding Software Assessment Software HR Software Planning Tools 207

EmployeeConnect

FEBRUARY 1, 2024

Human Resource Information Systems (HRIS) have become integral in streamlining HR processes, enhancing employee experiences, and contributing to organisational success. From automating routine HR tasks to providing data-driven insights for strategic decision-making, the benefits of HRIS are vast. Key Metrics for Measuring HRIS ROI 1.

Assessment Software 147

Assessment Software Onboarding Software HR Planning HR Software 147

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. 18% lower turnover for high-turnover companies. 43% lower turnover for low-turnover companies.

ClearCompany 431

ClearCompany Employee Engagement Hiring Software Productivity 431

EmployeeConnect

MARCH 20, 2017

In the past, companies usually measured employee engagement by analysing turnover rates. Unfortunately, that strategy relies on 20/20 hindsight instead of identifying practical ways to reduce turnover proactively. Actionable or Achievable Gathering data isn’t useful unless you can act on the intelligence in some way.

Metrics 138

Metrics Assessment Software Staffing Software Objectives & Key Results 138

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

Bob

SEPTEMBER 21, 2023

The decision of whether to invest in a new HCM , both for first-time buyers and companies looking to switch from an existing HR system, is not an easy one. Many CPOs and business leaders ask themselves if the time is right, if they really need the system, and if it will provide them with actual business value.

Hiring Software 78

Hiring Software Onboarding Software HR Software Recruiting Software 78

Bayzat

FEBRUARY 7, 2024

HR tech platforms offer learning management systems (LMS) and skill assessment tools that enable businesses to identify skill gaps and provide targeted training programs. Data-Driven Decision-Making In uncertain times, data becomes a valuable asset for decision-making. Driving Growth At its core, HR tech is a growth enabler.

HR Software 52

HR Software Hiring Software Onboarding Software Recruiting 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

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

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

EmployeeConnect

DECEMBER 20, 2016

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.

HR Software 100

HR Software HR Planning Hiring Software Assessment Software 100

Insperity

OCTOBER 17, 2023

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. It’s the question employers are constantly asking: How do I get my employees to stay for the long term ?

HR Planning 102

HR Planning HR Software Hiring Software Strategy 102

HR Daily Advisor

JANUARY 29, 2018

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. However, as the world of work evolves, so are benchmarking tools. That’s a signal for action.

Hiring Software 101

Hiring Software HR Software Recruiting Software Benchmarking 101

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

Cronofy

AUGUST 20, 2019

An up to date benchmark on the efficiency of your HR processes. Whether those benefits were in terms of cost, efficiency or resources, the business case points you towards the data you need to gather and analyze as part of your ROI exercise. Examples of the kind of data that may be relevant include: The flow of HR transactions.

HR Software 81

HR Software Staffing Software Assessment Software Software 81

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. Create a tracking and assessment system.

HR Planning 264

HR Planning Planning Tools Assessment Software Compliance Training 264

Zenefits

JANUARY 7, 2019

A wealth of data has been at the fingertips of HR professionals itching to delve into it for valuable insight. Today’s HR professional is beginning to reap the benefits of the data collected from every step of the employee experience, from recruitment to retirement. Almost every process in HR can be measured and improved upon.

HR Planning 41

HR Planning HR Software Analytics Assessment Software 41

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

Analytics in HR

NOVEMBER 2, 2021

Voluntary turnover is a normal occurrence, as employees seek new opportunities or leave because they are unsatisfied with the current role for a multitude of reasons. The Great Resignation has certainly caused employers to look at their HR practices and what is causing a mass voluntary turnover. One of them is voluntary turnover.

Retention and Turnover 81

Retention and Turnover Hiring Software Interview Software HR Software 81

Analytics in HR

NOVEMBER 5, 2018

This information was provided anonymously to managers so they could reduce turnover risk factors and retain their people better. Turnover at Experian. The company was facing levels of turnover that were 3-4% higher than they wanted it to be. This was a proven, important condition for first-year retention.

Case Study 96

Case Study Analytics Study HR Software 96

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. March 16, 2022.

Benchmarking 52

Benchmarking Report Planning Tools HR Software 52

Analytics in HR

FEBRUARY 9, 2022

So, how can you reduce new hire turnover in your business today? Contents What is new hire turnover? How do you calculate new hire turnover? How to reduce new hire turnover. What is new hire turnover? New hire turnover can be voluntary —an employee decides to leave—or involuntary —an employee is asked to leave.

Video Recruiting 116

Video Recruiting Hiring Software Hiring Retention and Turnover 116

Littal Shemer

OCTOBER 11, 2022

If you are interested in additional free resources for data science and R programming, check the comment section of this post. “Technology, data analytics, and artificial intelligence already impact how people work and engage with organizations. Click titles for Kindle versions (Work in progress. First published: May 14th, 2018.

HR Software 52

HR Software HR Planning Analytics Hiring Software 52

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

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

Analytics in HR

JULY 31, 2023

They maximize employee capabilities that will help drive organizational success by identifying the skills gaps, creating L&D programs, and implementing performance management systems. Internal mobility helps organizations improve employee engagement and retention while reducing hiring costs.

HR Planning 57

HR Planning Resources Hiring Software Onboarding Software 57

Business Management Daily

DECEMBER 6, 2021

Employee retention is a major challenge for employers at this time. Many employers are seeing record turnover rates as the economy rebounds from the coronavirus pandemic. To combat turnover, it’s time to take a more active approach in retaining employees and boosting engagement. Allow telecommuting. 44% of U.S.

Wage and Hour Training 119

Wage and Hour Training Strategy Hiring Software Retention and Turnover 119

Linkedin Talent Blog

JUNE 17, 2019

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. Last year, job attrition in the U.S. She’s still with IBM today.

Data 56

Data Retention and Turnover Planning Tools Metrics 56

HR Digest

JUNE 8, 2023

In today’s data-driven business landscape, HR Analytics plays a pivotal role in transforming human resources practices. HR Analytics Basics: HR analytics, also known as human resources analytics, is a strategic practice that leverages data and analytics to optimize HR decision-making.

HR Software 97

HR Software Planning Tools HR Planning Analytics 97

ExactHire

MARCH 10, 2022

Understanding your recruitment data is the first step to taming your hiring process. The best applicant tracking systems can help you easily access the most important metrics. Learn how effective the changes you make to the hiring process really are by benchmarking this number. You Don’t Know Your Recruitment Metrics.

Hiring Software 130

Hiring Software Interview Software Recruiting Software Assessment Software 130

Engagedly

OCTOBER 15, 2023

In a business world marked by rapid change, where adaptability, innovation, and agility are prerequisites for success, data-driven insights have become the cornerstone of effective talent management. This article will delve into the intricacies of data-driven talent management and discuss how it affects overall organizational performance.

HR Software 40

HR Software Talent Management Assessment Software Hiring Software 40

Visier

FEBRUARY 9, 2017

In order to move from this “list of challenges” to the “corporate asset list,” I have found that HR and its key functions like recruiting, retention and learning must move to dramatically increase their measurable business impacts by adopting analytics and data-driven decision-making.

HR Software 150

HR Software Data Hiring Software Recruiting Software 150

Business Management Daily

JUNE 15, 2022

Attrition and retention. This ranking system tells business leaders a great deal of information critical to performance management. While reports can be compiled by manually pulling data, this method often proves inefficient, cumbersome, and time-consuming. Amount of voluntary turnover. Competition. Cost per hire.

Planning Tools 52

Planning Tools Hiring Software Staffing Software Workforce Planning 52

Hire Road

MARCH 21, 2024

With all of the technology, tools, and data at HR’s disposal, this year presents itself as an opportunity for HR teams to demonstrate their impact as strategic players in a business’s trajectory. Plus, technology plays a crucial role, which means leveraging data to inform and refine your planning efforts. How can they do this?

Planning Tools 59

Planning Tools HR Software Hiring Software Recruiting Software 59

Vantage Circle

DECEMBER 5, 2023

Stay interviews have become a key strategy for organizations in a world where talent retention is as crucial as talent acquisition. Statistics on Employee Turnover and the Cost Benefits of Retention Employee turnover is more than just an operational hurdle; it's a significant financial burden.

Interview Software 99

Interview Software Retention and Turnover Hiring Software Talent Experience 99

HR Lineup

SEPTEMBER 29, 2023

In the dynamic landscape of human resources management, organizations are increasingly recognizing the vital role of data-driven decision-making. Crunchr, a cutting-edge HR analytics tool, emerges as a powerful solution for HR professionals and business leaders seeking to harness the full potential of their workforce data.

HR Software 52

HR Software Planning Tools Recruiting Software HR Planning 52

Business Management Daily

FEBRUARY 28, 2023

Most companies have long taken a data-driven approach to sales, marketing, and customer satisfaction — but more and more companies now realize the benefits of tracking HR analytics (also called people analytics). Read on to discover how to get the most out of the HR data at your organization. Why are HR metrics important?

Metrics 111

Metrics HR Software Hiring Software HR Planning 111