Bob

AUGUST 8, 2022

Employee attrition and retention are like peas in a pod—attrition is the peas, employee retention is the pod. When employee retention is low, you have a problem: Happiness is down, engagement is off, or maybe the economy is strong, and people are leaving for greener pastures. Attrition vs. retention.

Metrics 148

Metrics Retention and Turnover Hiring Software HR Software 148

Analytics in HR

NOVEMBER 2, 2022

HR analytics helps HR professionals and their organizations to improve decision-making through data. In simple terms, HR analytics is the collection and interpretation of human resources data to support evidence-based decisions. With data readily available, HR leaders can answer questions and propose solutions with concrete evidence.

Analytics 115

Analytics HR Planning HR Software Staffing Software 115

Business Management Daily

FEBRUARY 28, 2023

Most companies have long taken a data-driven approach to sales, marketing, and customer satisfaction — but more and more companies now realize the benefits of tracking HR analytics (also called people analytics). With that in mind, how do you know which KPIs and HR metrics to track at your organization? Why are HR metrics important?

Metrics 111

Metrics HR Software Hiring Software HR Planning 111

Analytics in HR

NOVEMBER 2, 2021

Voluntary turnover is a normal occurrence, as employees seek new opportunities or leave because they are unsatisfied with the current role for a multitude of reasons. The Great Resignation has certainly caused employers to look at their HR practices and what is causing a mass voluntary turnover. One of them is voluntary turnover.

Retention and Turnover 81

Retention and Turnover Hiring Software Interview Software HR Software 81

Analytics in HR

JUNE 28, 2022

Employee attrition and employee retention are important HR metrics for developing and managing a robust, productive workforce, especially in the context of Great Resignation. Employee attrition and retention are two concepts on the opposite ends that address the same situation. What is employee retention?

Retention and Turnover 129

Retention and Turnover Metrics Employer Branding Talent Experience 129

HRExecutive

MARCH 6, 2024

There’s no shortage of theories on the root causes underlying the increased rate of voluntary employee turnover. Advertisement - Guidance on improving employee retention largely focuses on organizational culture and management of feedback loops, particularly with new hires. See also: 7 talent management trends to watch in 2024 2.

Video Recruiting 106

Video Recruiting Recruiting Software Hiring Software Recruitment 106

15Five

NOVEMBER 7, 2023

While HRIS platforms serve as essential repositories for employee data and administrative functions, they were not built to address the complex and dynamic needs of strategic performance management. Their core focus was on data accuracy, compliance, and efficiency in handling routine HR tasks. Recommendations: What should we do?

HR Software 191

HR Software Assessment Software Planning Tools HR Planning 191

Visier

MARCH 30, 2017

Unfortunately, most of those who create metrics in HR and recruiting don’t really understand the strategic mindset of CEOs. And, as a result, the metrics that are reported to CEOs and the executive committee result in no positive action being taken. In fact, one survey even found that only 12 percent of CEOs had faith in our metrics.

Metrics 225

Metrics Hiring Software HR Software Retention and Turnover 225

EmployeeConnect

DECEMBER 20, 2016

That’s why staff members complain and protest about inaccurate assessments, data-driven errors and unpopular decisions – HR reporting fails to deliver unless the HR reports dig down into the databases to get the most accurate and relevant performance information, employee profile data and business intelligence.

HR Software 100

HR Software HR Planning Hiring Software Assessment Software 100

Keka HR Blog

SEPTEMBER 27, 2021

H R metrics are a way to assess the functioning of several employee aspects and how smoothly they are running. . So, what is HR metrics? . Before I explain it, I want to tell you that to make a real impact on your organization, you need to start having relevant metrics at your workplace. HR Metrics Meaning .

Metrics 52

Metrics Examples HR Software Retention and Turnover 52

HR Tech Girl

MARCH 24, 2023

“What gets measured gets managed” —Peter Drucker I’ve been in human resources and talent acquisition for nearly 20 years and one of the core bedrocks of my approach in every role has been to clearly understand the metrics that underpin what I’m trying to achieve. We’ll cover: What are HR metrics? Why do we need HR metrics?

Metrics 52

Metrics HR Software Hiring Software HR Planning 52

Paycor

FEBRUARY 28, 2020

Since 2015, there has been a 242% increase in HR and hiring professionals listing data analysis among their skills on LinkedIn. While reporting is about keeping track of metrics, analytics focuses on the bigger picture, making sense of complex patterns and helping drive better business decisions.

HR Software 52

HR Software Hiring Software Staffing Software Assessment Software 52

Qualtrics HR

AUGUST 6, 2021

Historically, organizations would measure employee engagement or other employee experience metrics, report out the results and talk about the drivers of that metric. You will definitely take shots, you might make some baskets if you are lucky, but if you would just take the blindfold off you would make many more.

Metrics 52

Metrics Data Retention and Turnover Onboarding Software 52

HR Bartender

OCTOBER 31, 2017

The group can agree on things like less turnover, more employee engagement, and increased productivity. The interesting aspect of the model is, it suggests that there’s an inverse relationship between the ease in gathering the evaluation data and the value of the data. Another set of HR metrics to consider involve sourcing.

Onboarding Software 322

Onboarding Software Onboarding SilkRoad Retention and Turnover 322

Bonusly

OCTOBER 31, 2019

When we talk about employee turnover, we mean the number of employees who leave an organization over a specified timeframe, typically one year. On the other hand, employee retention is number of employees an organization keeps during a given period. Retention is the percentage of employees who stay at an organization over a set period.

Retention and Turnover 49

Retention and Turnover Hiring Software HR Software Human Capital Management 49

Engagedly

JULY 5, 2023

A highly engaged workforce is directly proportional to lower turnover, higher employee morale, and stronger business outcomes. Although the percentage has increased remarkably, not even 1 in every 4 workers is engaged, so there is definite room for improvement. The outcome is a high staff turnover rate and absenteeism in the sector.

Employee Engagement 52

Employee Engagement HR Software Industry Retention and Turnover 52

Analytics in HR

JUNE 11, 2018

There’s a lot of confusion about the difference between HR metrics and analytics. Definitions of HR metrics and Analytics. HR metrics are measurements used to determine the effectiveness and efficiency of HR policies. Metrics help compare different data points. Metrics help compare different data points.

Metrics 107

Metrics Analytics HR Software Hiring Software 107

Trusaic

JANUARY 2, 2022

The firm notes that since the SEC amendments didn’t provide a definition of human capital, “companies provided a wide variety of human capital disclosures, with no uniformity in their depth or breadth.”. Below is a snapshot of what the survey found in areas relating to pay data reporting and diversity, equity, and inclusion (DEI).

Hiring Software 130

Hiring Software Company Retention and Turnover Planning Tools 130

Analytics in HR

OCTOBER 7, 2021

The answer lies in data. While it is impossible to accurately predict all of the future, relying on good data can help you prepare for it the best you can. The potential of data in HR remains largely untapped. The benefits of data-driven decisions are now largely recognized by organizations worldwide.

HR Software 112

HR Software Hiring Software Data Assessment Software 112

Littal Shemer

OCTOBER 11, 2022

If you are interested in additional free resources for data science and R programming, check the comment section of this post. “Technology, data analytics, and artificial intelligence already impact how people work and engage with organizations. Click titles for Kindle versions (Work in progress. First published: May 14th, 2018.

HR Software 52

HR Software HR Planning Analytics Hiring Software 52

Workify

JANUARY 21, 2022

There’s one metric that employee engagement and HR professionals all look at, regardless of the industry. That metric is—the employee attrition rate. Successful companies excel at doing the reverse, which is known as “retention” or having a high “retention rate.”. How do high retention rates help companies?

Retention and Turnover 84

Retention and Turnover Hiring Software Company Employer Branding 84

HR Lineup

FEBRUARY 26, 2024

One such evolution is the concept of Skills-First Hiring, a methodology that prioritizes a candidate’s skills and abilities over traditional metrics like educational qualifications or years of experience. Investing in training programs demonstrates a commitment to employee development and retention.

Aptitude Tests 87

Aptitude Tests Hiring Software Hiring Background screening 87

Keka HR Blog

APRIL 17, 2023

“Too often, they’re done for short-term gain, but the cost savings are overshadowed by bad publicity, loss of knowledge, weakened engagement, higher voluntary turnover, and lower innovation, which hurt profits in the long run,” write Sandra J. What next? Show me the data to prove the need. What value will it add to the company?

HR Planning 98

HR Planning HR Software Video Recruiting Hiring Software 98

Workify

MARCH 2, 2022

As such, turnover is one of the key concerns for business owners. There’s certainly no escaping turnover to some extent. Enough turnover to ensure you gain fresh new talent, but enough retention to provide your company with stability. Indeed, dysfunctional turnover often proves to be not just disruptive but destructive.

Retention and Turnover 52

Retention and Turnover How To Talent Experience Survey 52

HR Digest

JUNE 8, 2023

In today’s data-driven business landscape, HR Analytics plays a pivotal role in transforming human resources practices. HR Analytics Basics: HR analytics, also known as human resources analytics, is a strategic practice that leverages data and analytics to optimize HR decision-making.

HR Software 97

HR Software Planning Tools HR Planning Analytics 97

HIRED

JANUARY 10, 2024

Why is the recruiting metric known as “quality of hire” so important? We’ll also share data from past Hired research to illustrate how tech employers define it and how to create recruitment and hiring strategies to make the most of your recruitment team’s capacity. Compare these metrics with your defined success criteria.

Recruiting Software 52

Recruiting Software Recruitment Hiring Hiring Software 52

Empuls

APRIL 25, 2024

Employees may be hesitant to voice concerns directly, leaving managers and HR professionals in the dark about potential issues impacting morale, productivity, and retention.   Studies show that organizations with engaged employees experience increased profitability, reduced turnover, and enhanced innovation.

Survey 40

Survey Assessment Software Hiring Software Interview Software 40

Netchex HR Blog

JANUARY 16, 2024

In a recent survey, 68% of workers using AI said they don’t disclose usage to their bosses Properly managed, generative AI should be able to boost employee productivity and streamline repetitive tasks, but it’s definitely time to develop official policies and update your employee handbook.

HR Trends 52

HR Trends HR Software HR Planning Hiring Software 52

Vantage Circle

JANUARY 21, 2024

Key Takeaways The employee engagement index is a powerful metric quantifying staff's discretionary effort and emotional commitment based on survey responses. Ongoing index measurement empowers data-backed investments into targeted engagement initiatives that motivate higher performance and retention.

Employee Engagement 75

Employee Engagement Hiring Software Assessment Software Benchmarking 75

ExactHire

JANUARY 5, 2021

For example, taking the time to make the best impression for new hires can help increase employee retention. A good onboarding definition is simply the process of introducing your new employee into the organization. The goals you set for your new employee will help determine your metrics for the onboarding process.

Onboarding Software 240

Onboarding Software Onboarding Hiring Software Planning Tools 240

ClearCompany HRM

MARCH 3, 2023

Your HR team works to maintain that number so that every team has the people they need to be productive, even when there’s unexpected turnover. You also need to anticipate the skills your business will need employees to have in the future, create career paths, and guard against turnover.

Planning Tools 209

Planning Tools Workforce Planning ClearCompany Hiring Software 209

Analytics in HR

MARCH 16, 2023

From the definition to strategy development, implementing best practices, and showcasing examples of successful talent management, here’s all you need to know. Let’s break this definition down: HR processes: Talent management is about a set of HR processes that integrate with each other. Contents What is talent management?

Talent Management 112

Talent Management Onboarding Software Hiring Software HR Software 112

LaborSoft

MARCH 21, 2024

You’ll want a comprehensive case management platform that keeps all communications and documentation in one place in a central repository of data, so nothing is missed. Data on employee retention, employee turnover , grievances, outcomes, and other labor metrics can all play a role. What Is a Labor Dispute?

HR Software 59

HR Software Interview Software Video Recruiting Retention and Turnover 59

EngagementMultiplier

FEBRUARY 23, 2021

As the old saying goes, the definition of insanity is doing the same thing over and over, and expecting a different result. Some recent employee survey data suggests that after months of struggling, something is about to give. Making time just to catch up with each other on a personal level is vitally important.

Assessment Software 53

Assessment Software Planning Tools Productivity Retention and Turnover 53

Rallyware for Human Resources

OCTOBER 3, 2023

Amid a backdrop of slowing consumer spending , increasing turnover rates among part-time employees, and numerous retailers grappling with overstocking , the significance of a strong onboarding process cannot be overstated. What is onboarding? times as likely to be very satisfied)! Because it’s relevant to her.

Onboarding Software 92

Onboarding Software Hiring Software Onboarding Compliance Training 92

HR Daily Advisor

APRIL 27, 2018

Before focusing on analytics, it’s essential to come up with a definition of diversity. Although the term diversity is most often used in connection with race, ethnicity, and gender, your definition should be broader in order to truly determine if yours is a diverse and inclusive workplace. The only way to know is to measure.

Diversity 46

Diversity Data Retention and Turnover Talent Acquisition 46

Insperity

JULY 19, 2022

HR KPIs are the workforce metrics that HR departments use to evaluate: How HR influences and contributes to the company, and impacts the financial bottom line How successful HR is at achieving HR strategy and overall organizational strategy Which initiatives and processes to maintain Where opportunities for improvement exist.

HR Planning 92

HR Planning HR Software Hiring Software Retention and Turnover 92