Remove Comparison Remove Diversity Remove Retention and Turnover Remove Workforce Planning
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How Can HR Contribute to Business Growth and Help Envision Future Success?

HR Digest

HR strategies for business growth focus on the hiring and retention of the right talent, but they can also involve active participation in key business decisions by bringing in a grounded angle to the discussion. Employee Hiring and Retention Undeniably, HR strategies for growing businesses begin with hiring and retention.

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How to Avoid Talent Gaps with Data-Driven Succession Planning

Visier

If employees are ready to move into positions of greater responsibility, and are not seeing career progression, this may result in an increased risk of unwanted turnover. Diversity of your pipeline. What you need to answer here: Will the current pipeline of succession candidates help you to achieve your diversity goals?

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What’s a people strategy, and why do you need one?

Insperity

It can also reduce your organization’s exposure to certain risks, such as: Widespread employee dissatisfaction Sudden increase in turnover An unexpected talent gap Failing to meet goals and falling behind. The more loyal your employees feel to your company, the less you have to deal with frequent turnover and its associated costs.

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Employee Attrition: Everything You Should Know

PSB

For the following reasons, turnover can be beneficial to a business in many cases: Employees who perform poorly leave your company, lowering costs and making room for new talent. Attrition can enable diversity in one-dimensional workplaces (for example, tech companies with a disproportionately large number of men). 5/95 = 0.056.

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10 Workforce Intelligence Cures for Improving Nurse Retention

Visier

Healthcare has long been a highly regulated industry with a diverse and specialized workforce — one that’s hard to hire and even harder to retain at the best of times. According to a survey by NSI Nursing Solutions, the average cost of turnover for a bedside RN ranges from $44,380 to $63,400. Resignation Correlations.

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How Foot Locker Can Reduce Employee Turnover with Workforce Analytics

Visier

With voluntary resignations at an all-time high and unemployment rates historically low, employee retention is a key objective for most HR organizations, and employee turnover is the single most prevalent HR metric. Why should HR make employee retention a priority? The Era of Foot Locker Workforce Analytics.

Analytics 150
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How To Reduce Employee Turnover with Workforce Analytics

Visier

With voluntary resignations at an all-time high and unemployment rates historically low, employee retention is a key objective for most HR organizations, and employee turnover is the single most prevalent HR metric. However, knowing your turnover rate does little to support strategic business plans.

Analytics 150