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What is a (Good) Promotion Rate and How To Calculate It

Analytics in HR

The promotion rate is a key metric that helps HR and business leaders understand how many employees are promoted internally within the company. A promotion rate is an HR metric that measures the rate or frequency at which employees are promoted to fill open positions within an organization over a specific period.

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HR OKRs: All You Need to Know [With 11 Examples]

Analytics in HR

Key Results – A set of metrics that are used to measure how you are tracking where you are with the objective. KPIs are metrics that are strategically signed with the organizational objectives. Alignment workshop – All heads of departments, OKR owners, and leadership members should have an alignment meeting.

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How AI and HR tech are taking on DE&I and inherent biases

HRExecutive

Measuring DE&I efforts is the focus of Kanarys’ platform, which provides a framework, benchmarking and data that organizations can use to evaluate their workplace culture, says Mandy Price, the company’s co-founder and CEO. Mandy Price.

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A Full Guide To the Human Resources Specialist Role

Analytics in HR

Performance management: HR practitioners should have good listening skills, empathy, and emotional intelligence to manage people’s performance effectively. Performance management involves setting expectations, monitoring, and helping them improve their performance to help achieve company goals.

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Incentive Plans: Individual Incentives vs. Team-Based Incentives

Decusoft

Keep upper-level management up to date with how the incentive package is progressing against the company’s priorities and performance management targets. A team-based compensation scheme, rather than praising a few high-performing participants, focuses on rewarding team performance.

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The best employee engagement software for 2021

PI Worldwide

These insights are delivered on a weekly basis via dashboards that are accessible to employees across the company—from C-Suite and management to individual contributors. Bite-sized learning supports managers in increasing employee engagement. It combines performance and engagement data to tell you who’s at risk of leaving, and why.

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Digitise Succession Planning: Leverage Technology to Stay Ahead

Accendo Technologies

Tech platforms can analyse a wider range of data points, including performance metrics, skills, and experience to identify the most suitable candidates for key roles. However, tech platforms leverage data analytics and algorithms to assess potential successors objectively.