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10 vital HR metrics to track for your business

Business Management Daily

How are organizations using HR analytics to increase employee recruitment and retention? Dr. Rigolizzo: Regarding recruitment, thoughtful data can reveal built-in biases that keep you away from qualified candidates. There are many ways to use it down to where recruitment dollars should go. Does it matter if we do an interview?

COMPAS 59
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A Guide to Compensation Analysis

Analytics in HR

If you need a snapshot to understand the cost per employee, you may conduct a “Headcount analysis” to provide an accurate picture of staffing levels and compensation per employee. This will ultimately help you extract meaningful information and present it in a palatable way. Choose the right technology. A final word.

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Recap of HR Technology Conference 2019

Visier

All conference long, we showed how our enterprise grade people analytics now serves HR teams of all sizes, and also presented how our partnership with Insperity makes it even easier for all kinds of organizations to take advantage of the power of their data. Download the 2019 HR Tech Key Takeaways. The winner.

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What Is Salary Range Penetration? Definition, Use, and Examples

Analytics in HR

Let’s have a closer look at this metric and find out how HR can enable managers to use salary range penetration in their hiring, salary raise, and promotion decisions. It gives you very similar information to the compa ratio metric. In compa ratio, it’s simply the salary divided by the salary range midpoint.

COMPAS 90
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LaRocque: Why HR needs a strategy for evaluating tech startups, scaleups

HRExecutive

As most employers are struggling to hire and reports also show that up to 40% of workers are planning to change jobs , there’s little room for error in selecting new HR technology. Still, it’s time to enlist them now to evaluate a startup’s financial viability and the risk it does or doesn’t present you your firm.

COMPAS 105
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11 more startups compete in Pitchfest round 2

HRExecutive

Eleven more startups presented Wednesday morning at the 2021 HR Technology Conference & Exposition Pitchfest competition contending for the $25,000 grand prize. an executive coaching, outplacement and leadership training firm, and Compa, a talent acquisition compensation analytics tool, advanced from that round. ICC (Innovate.

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Learn a new word: Positive Predictive Value

Steve Boese

These kinds of use cases and others and the technologies that enable them present HR and business leaders with new and really powerful tools and capabilities that can, if applied intelligently, provide a competitive edge realized from the better matching, hiring, and deploying of talent. But the opposite, of course is also true.

COMPAS 68