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Report: HR Trends 2024 – Navigating the Future of Work

Extensis

Today’s business landscape is highly competitive, meaning organizations must brush up on and adapt to the latest HR trends. In the ExtensisHR 2024 Trends Report, review the top 10 latest industry developments and the steps your business can take to succeed, straight from our internal thought leaders.

HR Trends 101
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What is HR Analytics? All You Need to Know to Get Started

Analytics in HR

Although the term “HR analytics” is widely used, there is a growing trend of referencing “ people analytics ” as well. HR analytics originates from data housed within Human Resources and is aimed at optimizing HR functions. Example: Annual employee turnover rate.)

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How to Measure HR Effectiveness with 12 Key Metrics

15Five

(It’s also helpful to reference when asking for support on programs to boost retention. The less turnover you have, the less you have to spend on filling vacant roles.) Employee engagement is critical to productivity, performance, and retention, and can be tied directly to business profitability.

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What Is Human Resources?

Analytics in HR

It could also involve staying updated with the latest technology developments and market trends to ensure the company stays relevant and competitive. Continue reading Strategic Human Resource Management: The Basics What does HR do? HR functions HR performs numerous Human Resources functions in an organization.

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20 HR Metrics To Consider Adding to Your Company’s KPIs

Pingboard

In this post, we’ll go over 20 HR metrics — qualitative and quantitative — that will deliver the clearest insights for your organization. . What Are HR Metrics? . For that reason, they’re also referred to as HR key performance indicators (KPIs). . As you’ll see, HR metrics include a wide range of core and non-core areas like:

Metrics 52
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The People Analytics Best Practices to Add to Your Talent Management Strategy

Visier

The Age of People Analytics 2021: Practices Leading to Value from People Analytics Maturity also compares some of the trends and changes from when the last survey was conducted in 2018. In all cases, Visier’s publicly-traded customers outperform benchmarks. Managing change through culture.

Analytics 259
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19 HR Metrics Examples: Making Data-Driven Decisions in 2024

Analytics in HR

These metrics cover a wide range of areas, including recruitment, retention, training, employee satisfaction, performance, and productivity. They provide valuable insights that help inform strategic decisions, optimize HR processes, and boost overall organizational performance. Why are HR metrics important?

Metrics 96