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The turnover tsunami is on the way. How can your business avoid it?

Business Management Daily

It is being widely reported that a turnover tsunami is on the horizon. Employers need to start taking steps now to minimize turnover in their organizations. Why mass turnover is on the horizon. Is a “turnover tsunami” really on the horizon? Pent up turnover. Not everyone’s ready to return to the office.

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Crucial HR KPIs you need to make data-driven decisions

Business Management Daily

By keeping track of essential HR metrics like employee turnover rate, time to fill, and recruitment costs — you’ll have a solid grasp of your strengths and top areas for improvement. You can use KPIs to measure the effectiveness of specific aspects of your human resources department, such as hiring, onboarding, retention, and company culture.

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4 Benefits of Competency-Based Hiring | ClearCompany

ClearCompany HRM

Its benefits range from eliminating bias to decreased employee turnover rates. Competency-Based Systems Eliminate Bias Workplace diversity statistics show that 76% of employees and job seekers said diversity is important when evaluating job offers. It also helps your team make better choices about who they hire. Did You Know?

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Report: HR Trends 2024 – Navigating the Future of Work

Extensis

Here, we summarize the report’s 10 key points, from the need to focus on an increasingly diverse workforce to the growing role of artificial intelligence (AI) in HR. Developing a diverse workplace also boosts an organization’s social responsibility and can improve its decision-making by unifying diverse experiences, skills, and ideas.

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Employee Turnover vs Attrition

HR Lineup

In the ever-evolving realm of human resources, two terms frequently circulate – employee turnover and attrition. This article delves into the nuanced differences between employee turnover and attrition, shedding light on their impact, causes, and strategies for effective management. Defining Employee Turnover and Attrition: 1.

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15 Employee Retention Metrics for HR To Track

Vantage Circle

Employee turnover is an unavoidable and mostly reality in business. However, developing a strong retention strategy centered around meaningful metrics can lead to happier, more productive employees and significant cost savings for a company. As an HR professional, what retention metrics should you be tracking?

Metrics 59
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15 Employee Retention Metrics for HR To Track

Vantage Circle

Employee turnover is an unavoidable and mostly reality in business. However, developing a strong retention strategy centered around meaningful metrics can lead to happier, more productive employees and significant cost savings for a company. As an HR professional, what retention metrics should you be tracking?

Metrics 52