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The 7 best HR analytics software options for today’s workforce

Business Management Daily

After doing a little digging, you discover that most of your turnover occurs during the first 3 months of employment, so you need to take an in-depth look at your onboarding process. They’ll also provide actionable insights into your employee experience, engagement levels, retention rates, onboarding, recruitment, and employee performance.

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Top Employee Engagement Tools (Detailed Comparison)

Vantage Circle

Employee engagement tool helps measure or boost employee engagement that in turn will improve the productivity and efficiency of the employees and reduce staff turnover. Benchmarking. Improves employee retention. Yelp, McDonalds, AirBnB, Etsy, Adobe, Greenhouse, Oracle. Tracking and reporting. Leaderboards. Link: [link].

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23 Recruiting Metrics You Should Know

Analytics in HR

This image (based on Greenhouse’s image ) shows the employee’s lifetime value as the sum of all the HR decisions made about that employee. For that reason, you should be a little bit careful when interpreting the time to hire benchmark we included below. This metric can also be turned around as ‘candidate retention rate’.

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6 Steps To Become an Employer of Choice in 2024

Analytics in HR

Ideal employers frequently benchmark their compensation plans and adopt progressive benefits strategies to remain competitive. Work-life balance: The pandemic accelerated trends in remote working and caused employees to take a step back to prioritize balancing corporate demands with a rewarding life.