Vantage Circle

JANUARY 10, 2024

Employee turnover is an unavoidable and mostly reality in business. However, developing a strong retention strategy centered around meaningful metrics can lead to happier, more productive employees and significant cost savings for a company. As an HR professional, what retention metrics should you be tracking?

Metrics 52

Metrics Retention and Turnover HR Software Benchmarking 52

Analytics in HR

FEBRUARY 15, 2022

Workforce analysis takes a broader approach than people analytics by using both employee and ROI data to make informed recruitment, retention, and employee management decisions. Organizations can offer existing employees further training, nurture potential, set performance benchmarks, and map succession paths for the most promising talent.

Analysis 80

Analysis HR Planning Hiring Software Retention and Turnover 80

EmployeeConnect

MARCH 20, 2017

The primary benefits of employee performance metrics are tied to fostering better employee engagement, which enhances productivity, innovation, creativity, employee loyalty and longevity. In the past, companies usually measured employee engagement by analysing turnover rates.

Metrics 138

Metrics Assessment Software Staffing Software Objectives & Key Results 138

Extensis

JANUARY 4, 2024

With insights from our internal experts, the ExtensisHR 2024 HR Trends Report reviews the top 10 developments expected to impact employers, from the rising use of artificial intelligence to the need to upskill current staff. Below, we give a bird’s eye view of each trend. Download the full 2024 HR Trends Report now.

HR Trends 101

HR Trends HR Planning HR Software Trends 101

15Five

MAY 19, 2023

(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.

HR Planning 224

HR Planning Metrics HR Software Hiring Software 224

6Q

JUNE 4, 2023

A high employee turnover can impact your company’s overall performance and productivity, as well as its bottom line. A high turnover rate is costly since you’ll have to replace employees who have quit the company. The good news is, you can implement strategies to reduce staff turnover. What is employee turnover?

Retention and Turnover 98

Retention and Turnover Hiring Software Onboarding Software HR Planning 98

Bob

SEPTEMBER 21, 2023

Let’s look at how investing in an HR solution like Bob helps you demonstrate actual business value using five metrics intrinsic to today’s modern organizations: agility, efficiency, compliance, retention, and satisfaction. It also negatively impacts productivity and morale, making it harder for companies to attract top talent.

Hiring Software 78

Hiring Software Onboarding Software HR Software Recruiting Software 78

6Q

SEPTEMBER 21, 2022

In this guide, we share some clever methods to increase your employee retention rate, and keep your team for longer. For businesses across the globe, these high turnover rates are causing havoc, impacting productivity, slowing collaboration and harming the bottom line. Employee retention rate: why are workers leaving?

Hiring Software 119

Hiring Software HR Software Onboarding Software Retention and Turnover 119

Pingboard

JULY 7, 2021

Human Resources metrics (which we’ll refer to as “HR metrics”) are benchmarks that allow you to measure how well your HR initiatives are performing and how they contribute to the overall success of your organization. Productivity. Retention . New Hire Turnover. Voluntary Turnover Rate. What Are HR Metrics? .

Metrics 52

Metrics Hiring Software HR Software HR Planning 52

Bayzat

FEBRUARY 7, 2024

HR tech platforms offer robust analytics capabilities that provide insights into workforce trends, performance metrics, and cost projections. Optimizing Success through HR Tech No doubt, companies using HR tech in the UAE report a 20% increase in employee satisfaction and a 15% reduction in employee turnover.

HR Software 52

HR Software Hiring Software Onboarding Software Recruiting Software 52

Extensis

JANUARY 4, 2024

With insights from our internal experts, the ExtensisHR 2024 HR Trends Report reviews the top 10 developments expected to impact employers, from the rising use of artificial intelligence to the need to upskill current staff. Below, we give a bird’s eye view of each trend. Download the full 2024 HR Trends Report now.

HR Trends 52

HR Trends HR Planning HR Software Trends 52

ClearCompany HRM

JANUARY 31, 2023

According to Talent Board’s 2022 North American Candidate Experience (CandE) Benchmark Research Report, resentment among new hires increased, meaning that they had more negative experiences last year than they did in 2021. You can compare these turnover metrics with new hire turnover to see if there’s an overlap.

Onboarding Software 396

Onboarding Software ClearCompany Onboarding Hiring Software 396

Insperity

OCTOBER 17, 2023

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 ?

HR Planning 102

HR Planning HR Software Hiring Software Strategy 102

cipHR

SEPTEMBER 14, 2021

Learn about the causes of high staff turnover, how to calculate your churn rate and various practical strategies to improve staff retention. The increase in turnover is partly due to employees wanting more from their employer. What is employee turnover? Calculating staff turnover rate.

HR Software 98

HR Software Video Recruiting Retention and Turnover Hiring Software 98

Bonusly

APRIL 10, 2019

High turnover is a major concern for many organizations. But how do you know if your turnover really is an issue? Let’s take an analytical approach to retention. Turnover is a key HR metric and tends to be understood by leadership as a serious risk. For example, companies often see a turnover spike in January.

Retention and Turnover 61

Retention and Turnover Hiring Software Interview Software Onboarding Software 61

Analytics in HR

JULY 31, 2023

For example, your HR would look into hiring people who are a good culture fit for the organization so they stay longer and be more productive. It could also involve staying updated with the latest technology developments and market trends to ensure the company stays relevant and competitive.

HR Planning 58

HR Planning Resources Hiring Software Onboarding Software 58

ForUsAll

JULY 2, 2018

Your goal: figure out the specific calculations for important employment metrics like turnover rate and retention rate. Use these links to get straight to the information you need: How to Calculate Employee Turnover Rate. How to Calculate Employee Turnover Cost. How to Calculate Employee Retention Rate.

Retention and Turnover 58

Retention and Turnover How To Metrics Retirement 58

HR Daily Advisor

AUGUST 24, 2017

While this is a trend making news, as companies like Whole Foods, SumAll and Buffer have embraced it, pay transparency may not be as common as you think. Improved retention : Publicizing compensation information shows your staff what kind of growth potential they have. They’ll know. Moving Forward.

Policies 60

Policies Retention and Turnover Compensation Benchmarking 60

15Five

DECEMBER 27, 2023

HROD in the Spotlight Launched in June, the HR Outcomes Dashboard helps HR teams demonstrate greater strategic impact with real-time data and competitive benchmarks for employee engagement, retention, performance and manager effectiveness. Now that’s what we call impact. Stay tuned for more developments from 15Five in 2024.

HR Software 138

HR Software Planning Tools Groups Retention and Turnover 138

Bob

FEBRUARY 22, 2024

From recruitment and onboarding to training and development, retention programs, and succession planning, it’s important to understand what’s happening at every stage of the employee lifecycle. On the other side of the same coin, it also provides a clear indication of the cost of a high turnover rate.

Talent Management 95

Talent Management Metrics Hiring Software Recruiting Software 95

Owiwi

SEPTEMBER 6, 2019

Relentless turnover challenges the sanity of even the most composed hotel manager. I would know: after owning two restaurants that employed 70 people at peak times, the constant battle against turnover triggers plenty of stressful memories. Turnover for most hotels reaches far into the double digits. Candidate sourcing.

HR Software 40

HR Software Hiring Software Onboarding Software Staffing Software 40

Owiwi

SEPTEMBER 6, 2019

Relentless turnover challenges the sanity of even the most composed hotel manager. I would know: after owning two restaurants that employed 70 people at peak times, the constant battle against turnover triggers plenty of stressful memories. Turnover for most hotels reaches far into the double digits. Candidate sourcing.

HR Software 40

HR Software Hiring Software Onboarding Software Staffing Software 40

Zenefits

JANUARY 7, 2019

Measureables: reduced turnover; higher employee satisfaction; support for internal promotions; succession planning. When a business invests in current staff, retention and engagement increase. A crucial part of measuring HR is assessing salary benchmarks for your industry, region, and employee. Performance Management.

HR Planning 41

HR Planning HR Software Analytics Assessment Software 41

Analytics in HR

FEBRUARY 19, 2024

These metrics cover a wide range of areas, including recruitment, retention, training, employee satisfaction, performance, and productivity. Optimizing costs: By analyzing recruitment, training, and turnover costs, HR metrics help in allocating budgets efficiently and identifying cost-saving opportunities.

Metrics 96

Metrics HR Software Hiring Software HR Planning 96

Visier

JANUARY 23, 2018

Imagine a world where every great HR initiative gets properly funded: Retention programs are fully backed by the C-suite, recruitment snafus are nipped in the bud before they become big problems, and even the CFO meets employee engagement initiatives with near-giddy enthusiasm. Sound like some kind of far-fetched utopian vision?

HR Software 176

HR Software Retention and Turnover Hiring Software Recruiting Software 176

Hire Road

MARCH 21, 2024

The Pillars of HR Planning HR planning is a multi-dimensional process, covering elements such as: Recruitment Retention L&D Succession planning Compliance It’s about looking ahead, preparing for workforce changes, and ensuring the business remains competitive and compliant. Why is this? Because HR goes beyond filling vacancies.

Planning Tools 59

Planning Tools HR Software Hiring Software Recruiting Software 59

Analytics in HR

JANUARY 8, 2024

This can give your organization valuable insight into retention, which is just one of the reasons why you should regularly conduct employee commitment surveys. Boost retention : Commitment and retention are linked. How do you measure employee commitment? Why measure employee commitment?

Survey 87

Survey Examples Retention and Turnover Employer Branding 87

Hppy

JULY 5, 2023

In HR, data plays a crucial role in understanding employee trends, improving performance, and optimizing workforce management. When HR teams are working with clean data, they can trust the analytics to provide accurate information about employee performance, turnover rates, training needs, and other critical HR metrics.

Analytics 91

Analytics HR Software Data Planning Tools 91

HR Lineup

JUNE 14, 2023

Whether it’s employee engagement, recruitment, training, or talent retention , KPIs help HR teams understand their impact and make data-driven decisions. Benchmarking and comparison: HR KPIs allow organizations to benchmark their performance against industry standards or their own historical data.

HR Software 86

HR Software Retention and Turnover Assessment Software Recruiting Software 86

Business Management Daily

FEBRUARY 28, 2023

After all, there are tons of HR metrics that you can track by analyzing employee data, including turnover rate, absenteeism , employee turnover, retention rate, and many others. Every area of HR has metrics that matter, including diversity, equity, retention, and employee experience. Why are HR metrics important?

Metrics 111

Metrics HR Software Hiring Software HR Planning 111

Vantage Circle

DECEMBER 5, 2023

Stay interviews have become a key strategy for organizations in a world where talent retention is as crucial as talent acquisition. This lays the groundwork for a more dynamic, satisfying, and productive work environment. These employees identifies and addresses concerns that could lead to turnover.

Interview Software 99

Interview Software Retention and Turnover Hiring Software Talent Experience 99

HR Guy

MAY 25, 2023

Engaged employees are more productive, provide better customer service, and contribute to a more positive work environment. Engaged employees are also more likely to stay with the company long-term, reducing turnover and the associated costs of recruiting and training new employees. Why is Employee Engagement Important?

Metrics 52

Metrics Employee Engagement Retention and Turnover Benchmarking 52

Workable

FEBRUARY 17, 2023

Although a mountain of money always holds great appeal, a fair balance of cash plus life-improving benefits is a sustainable way for organizations to stay competitive when it comes to recruiting and retention. Some organizations use a combination of benchmarking and pay grades to establish compensation structures.

Compensation 118

Compensation Hiring Software Recruiting Software Staffing Software 118

HR Lineup

MARCH 4, 2024

In today’s data-driven world, Human Resources (HR) departments play a crucial role in leveraging analytics to make informed decisions about hiring, employee engagement, retention, and overall workforce management. The course also covers techniques for benchmarking against industry standards and best practices.

Compliance Training 52

Compliance Training HR Software Course Analytics 52

Primalogik

JUNE 15, 2023

Examples of HR metrics include cost-per-hire, turnover rates/costs, training and human capital return on investment (ROI), labour/productivity rates and costs, benefits costs per employee, etc.” To observe trends, HR should measure the same metrics over time. Recruitment and Retention Cost per hire. Time to productivity.

Metrics 96

Metrics HR Planning HR Software Hiring Software 96

LaborSoft

JULY 12, 2018

HR departments stand to gain a lot by tracking employee turnover. Valuable data can be collected and deeper insights drawn to reveal the potential source of the turnover, whether it be job dissatisfaction or other more personal reasons. Separation Date: Companies can actually see an uptick in turnover during certain times.

Retention and Turnover 40

Retention and Turnover Compliance Training Hiring Software Assessment Software 40

Bayzat

APRIL 5, 2024

This scarcity isn’t just a fleeting trend but a long-term issue for the nation’s progress. What Is Employee Attraction and Retention? On the other hand, employee retention refers to the efforts taken by an organization to keep its current employees engaged, motivated, and committed.

Hiring Software 52

Hiring Software Video Recruiting Talent Experience Recruiting Software 52