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Measuring HR: Bringing People Analytics to Human Resources

Zenefits

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.

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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. In this article we walk the basics of employee turnover, including how to calculate it, industry benchmarks, and how we can use turnover rates to better understand business or economies at large. percent in 2010.

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What Are the Benefits of Bringing Data Analytics to Payroll?

Zenefits

One of the best places to start is with salary benchmarking. What Are Salary Benchmarking and Compensation Management? Compensation management is an important component of employee retention. People who work in compensation management utilize a pool of data. Why Bring Data Analytics Into Your Payroll Process?

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How to Build Fair Pay Grades and Salary Ranges

Zenefits

It can reduce turnover, your employees will work harder, and transparency protects them against wage discrimination. Where to find compensation data. Transparency is also crucial here, and making your pay grades more transparent can help your company reduce turnover: People who left their jobs this year saw their pay jump by nearly 7%.

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Design a Great Employee Experience With People Operations

Zenefits

There are many factors that impact employee hiring and retention: compensation, benefits, a trendy office … but what employers sometimes overlook is offering a positive, holistic employee experience. Employee experience produces a major impact on hiring and retention, and your company’s bottom line. Improved recruitment and retention.

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7 Worst Employee Benefits

Zenefits

Better health insurance coverage, generous paid time off and vacation days, retirement benefits, and professional development opportunities all rank highly regarding job satisfaction and retention. While it may be a “nice to have,” gym memberships are hardly an effective retention strategy. Too many social events.

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New HR Titles for 2021: The Rise of People Operations Leaders

Zenefits

It’s making sure they have all the tools they need to be successful, to assure they grow and develop, and to leverage the best available tech for strategic data analysis. It’s making sure they have all the tools they need to be successful, to assure they grow and develop, and to leverage the best available tech for strategic data analysis.