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How HR can give your company’s employee retention strategy a boost

Insperity

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 ?

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5 PEO services you might not know exist

Insperity

As part of their work, a PEO’s HR specialists may also help you collect and measure HR and organizational data related to turnover and retention, labor costs, pay equity, diversity and more. Succession planning. Succession planning is especially critical during economic cycles when talent pools are limited.

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24 metrics your C-suite expects your human resource management software to report on

cipHR

Turnover rate High staff turnover is expensive and can hurt morale and productivity. HR teams can track their overall turnover rate either month-by-month or annually, which includes all leavers including those who are dismissed, made redundant, or retire. Like headcount, this data is most useful when it’s segmented.

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How to teach employees professionalism in the workplace

Insperity

To craft clear standards and benchmarks, ask yourself: What culture and image do I want to have? For more information on how to guide your employees’ training and development, download our free magazine: The Insperity guide to leadership and management. What behavior is required of employees to achieve this?

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Skills Gap Analysis: All You Need To Know [FREE Template]

Analytics in HR

You can also download a free skills gap analysis template in Excel! DOWNLOAD FREE TEMPLATE Content What is a skills gap analysis? With this information at hand, HR can address the skills gap through upskilling , reskilling , L&D investments, succession planning and other methods that we will discuss later in this article.

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12 Types of HR Reports For Better Business Decisions [+ Free HR Board Report Template]

Analytics in HR

Monitoring key metrics like turnover rates, employee satisfaction , and compliance with labor laws in your HR reports allows you and your organization to analyze trends, make data-driven decisions, and adjust strategies and policies accordingly. Key metrics to include are the total headcount, departmental breakdown, diversity metrics (e.g.,

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7 ways to encourage employees to take ownership of their work

Insperity

There’s a direct link between employees taking ownership of their work and businesses achieving the things that are most important to them: high employee engagement , morale and retention. Also include them in your succession planning. Clearly, employees taking ownership should be a priority at any organization.