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10 vital HR metrics to track for your business

Business Management Daily

As organizations become more complex, data helps clarify the picture of what’s going on as it relates to employee engagement and retention. How are organizations using HR analytics to increase employee recruitment and retention? There are many ways to use it down to where recruitment dollars should go.

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Compensation and Benefits

Analytics in HR

Compensation and benefits refers to the monetary and non-monetary rewards an employee receives from their employer in exchange for their work. HR uses compensation to attract top talent and boost retention rates. This amount is negotiated during the hiring process and agreed upon before the employment contract begins.

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16 Essential HR Metrics Not Enough Companies Monitor

Ongig

There are no simple fixes, but a successful retention strategy must start with measuring the most important HR metrics. This article will explain which HR metrics matter and why you should measure them. It covers all expenses related to headcount, salary, benefits, workforce overheads, and hiring and training new employees.

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