article thumbnail

Breaking Down the Virtual Onboarding Process

ApplicantStack

Onboarding a new employee means a huge data dump of company values and culture, job responsibilities, department procedures, and all the administrative tasks of setting up payroll and benefits. Remote employees face an extra hurdle in that all of their onboarding has to be done through virtual or text communication.

article thumbnail

Beginner’s Guide to Collecting and Analyzing HR Metrics

Homebase

For example, if employee retention is your aim, prioritize turnover rates and employee feedback over less relevant metrics like training attendance. It’s also important to consult with stakeholders and refer to industry benchmarks to ensure the metrics you select are both impactful and feasible to track.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Sourcing vs. Recruiting: The Key Differences and Processes Explained

Analytics in HR

Sourcing decreases time and cost per hire while improving the hiring quality since these people are already pre-vetted. In the Employ’s Quarterly Insight’s report , benchmark data indicates that one-third of the time spent hiring is on sourcing, regardless of how fast the hiring process is. They use employee referrals.

article thumbnail

Top 6 ADP alternatives & competitors (in-depth comparison)

Homebase

Steep learning curve Small businesses have tight profit margins so you can’t afford to have a week of lost productivity while you onboard a new software. Too complex for small business management Managers often turn to HR software to simplify tasks and save time. That’s why you need a solution that lets you hit the ground running.

article thumbnail

How virtual onboarding is failing employees

HRExecutive

According to Gartner analysis, business leaders project that nearly half of all employees will continue working remotely at least part-time after the pandemic. Gartner’s 2020 Employee Experience and Talent Mobility Benchmarking Survey reveals 70% of HR leaders believe culture is very important to their organization’s financial success.

article thumbnail

Employee Onboarding Best Practices: A Technology Perspective

EmployeeConnect

The employee onboarding process is no longer used just for administrative issues. Benefits of an Organised Employee Onboarding Process Research shows that new hires are more likely to leave companies within the first 18 months of their employment. 25 percent of respondents reported average costs of bad hires to be $50,000 or more.

article thumbnail

6 Workforce Metrics with Significant Financial Impact

UKG

CFOs are seeking out data on absences for sickness or injury, varying rates of absence across multiple worksites, average lengths of time off, and other wellness-related data that was previously thought of as more the domain of human resources. Lost-time injuries per employee. Paid time off and leave requests. Data analysis.

Metrics 52