Analytics in HR

JULY 31, 2023

Staffing planning versus workforce planning: The difference How to develop a staffing planning Checklist: Conducting a staffing analysis An example of a staffing plan What is a staffing plan? According to recent data from the Society for Human Resource Management (SHRM), it costs approximately $4,700 per hire.

Staffing Software 81

Staffing Software Staffing HR Planning Planning Tools 81

DailyPay

JUNE 14, 2021

In our previous article, we discussed employee retention rate by industry and looked at which industries have the best and worst employee retention rates. The turnover rate in the health care industry has risen nearly 5% — across all jobs in the industry — over the last decade. Retention Patterns In Health Care.

Retention and Turnover 59

Retention and Turnover Staffing Software Staffing Hiring Software 59

Homebase

JUNE 22, 2023

That’s why employee retention is important, especially in the construction industry. As of 2021 , the construction industry had an average turnover rate of 68%—higher than most other industries, where the average hovers between 30-40%. What is employee turnover? What is employee retention?

Hiring Software 52

Hiring Software Industry Retention and Turnover Recruiting Software 52

15Five

JANUARY 29, 2024

However, without measuring employee engagement rates, you won’t understand the effectiveness of your HR strategies in improving retention and decreasing turnover. What is employee retention rate? Employee retention rate indicates how well a company is doing at retaining employees.

Retention and Turnover 198

Retention and Turnover HR Planning Onboarding Employee Recognition 198

Analytics in HR

FEBRUARY 28, 2024

Importance of HR analytics HR analytics examples Key HR metrics Data analytics in HR: How to get started How to transition from descriptive to predictive and prescriptive analytics in HR HR analytics certification FAQ What is HR analytics? In other words, HR analytics is a data-driven approach to Human Resources Management.

HR Planning 112

HR Planning Analytics HR Software Hiring Software 112

Fond

JANUARY 21, 2020

Simultaneously, hospital turnover increased by 0.9% Improving retention and happiness at work for healthcare employees is a top concern among HR leaders. Improving retention and happiness at work for healthcare employees is a top concern among HR leaders. High Turnover and High Growth. The Cost of Turnover.

Retention and Turnover 111

Retention and Turnover Onboarding Software Hiring Software Staffing Software 111

DailyPay

JULY 13, 2021

The following article is another in our series that examines average employee turnover rates by industry. In this article, we hold the retail industry under a microscope to see what might be affecting employee turnover and retention rates, and why employees in this industry are seen coming and going so often.

Wage and Hour Training 52

Wage and Hour Training Retention and Turnover Hiring Software Compliance Training 52

Analytics in HR

FEBRUARY 19, 2024

HR metrics provide a data-driven approach to managing human capital, offer insights into the effectiveness of HR practices, and ultimately predict the future. HR metrics examples in recruitment HR metrics examples related to revenue Other HR metrics examples Soft HR metrics examples FAQ What are HR metrics?

Metrics 95

Metrics HR Software Hiring Software HR Planning 95

HRExecutive

APRIL 8, 2024

Employee engagement is vital to business, especially when it comes to frontline workers. While the movement has been losing some steam over the past year, the cost of employee turnover is still extremely high, as the cost of replacing an employee ranges anywhere from one-half to two times their yearly salary.

Retention and Turnover 99

Retention and Turnover Onboarding Software Recruiting Software Planning Tools 99

15Five

SEPTEMBER 22, 2023

The rise of remote work has challenged traditional workplace dynamics, and altered what employees expect from their employers. But remote employee engagement strategies do exist, and they can be very effective. A recent study found that 98% of employees want the option to work remotely at least some of the time.

Employee Engagement 195

Employee Engagement Hiring Software Onboarding Software Assessment Software 195

ExactHire

MAY 17, 2022

An effective onboarding process can have a positive impact on nearly every aspect of your business, from improving retention and engagement to strengthening your company’s culture and employer brand. That’s where your onboarding data comes in. Data and KPIs will help you identify ways you can improve your onboarding process.

Onboarding Software 244

Onboarding Software Onboarding Hiring Software Data 244

Hppy

NOVEMBER 21, 2023

Image by Freepik Innovative AI-Driven Employee Engagement Strategies Artificial intеlligеncе is opеning up nеw ways to understand and connect with employees on a more personalised lеvеl. By thoroughly studying past data and behaviours, companies can gain insight into which factors are most likely to influence attrition.

Hiring Software 113

Hiring Software HR Software Recruiting Software Talent Management 113

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

Bonusly

MARCH 13, 2019

But with historically low unemployment rates , retaining the employees you’ve recruited can be a real challenge. Understanding critical moments in your employees’ lives and careers can help you reconnect with them and strengthen employee engagement. Big-Brother-style data collection can only go so far, thankfully.

Employee Engagement 91

Employee Engagement Hiring Software Staffing Software Interview Software 91

15Five

JULY 20, 2023

For example, HR played a pivotal role in supporting organizations through COVID-19. The department became more strategy-centric as employee expectations and business demands changed. Improve employee engagement Engaged employees have a deep commitment and involvement with a business.

HR Planning 160

HR Planning Retention and Turnover Hiring Software HR Software 160

Analytics in HR

FEBRUARY 6, 2024

How to set recruitment goals in 10 steps Recruitment goals examples What are recruitment goals? These goals may include specific areas such as: Employer branding : For example, increase positive brand perception among potential candidates. Digital HR : For example, leverage technology to enhance recruitment processes.

Video Recruiting 89

Video Recruiting Recruiting Software Hiring Software Recruitment 89

DailyPay

MAY 14, 2018

Employee turnover and employee attrition cost your business money. Employee retention is how you combat turnover. Employee retention is an organization’s ability to keep its employees. Employee retention is usually represented as a percentage. READ THE EBOOK.

Retention and Turnover 52

Retention and Turnover Staffing Software TinyPulse Interview Software 52

15Five

JANUARY 18, 2023

Each time your organization loses a great employee, it hurts. Though some regrettable turnover is inevitable and expected, when too many of those losses start stacking up, the entire employee experience can topple over like dominoes. As a strategic HR leader, you’ve no doubt felt the pressure to increase employee retention.

HR Planning 188

HR Planning Retention and Turnover Objectives & Key Results HR Software 188

HRExecutive

FEBRUARY 1, 2024

In particular, according to iCIMS’ 2024 Workforce Report , business leaders, HR executives and talent acquisition teams will need to rely on the right data and insights to be ready for whatever transformation comes next. Staying connected to the data The iCIMS data also reveals that workplace confidence among employees is rising.

iCIMS 101

iCIMS HR Software Hiring Software Retention and Turnover 101

Analytics in HR

JANUARY 4, 2024

Turnover and attrition are two basic HR metrics that companies should monitor on a regular basis. The data helps HR and management understand how long employees typically stay with an organization, and provides insight into what may or may not drive retention. Contents What is turnover? What is attrition?

Retention and Turnover 84

Retention and Turnover HR Planning How To Retirement 84

Vantage Circle

FEBRUARY 25, 2024

Employee Recognition serves as a fundamental cornerstone for organizational success. When employees feel valued and acknowledged for their contributions, it increases employee engagement and commitment. This blog will look at statistics demonstrating why employee recognition deserves serious investment from leadership.

Employee Recognition 111

Employee Recognition Examples Retention and Turnover Hiring Software 111

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. Contents What is employee attrition?

Retention and Turnover 129

Retention and Turnover Metrics Employer Branding Talent Experience 129

cipHR

AUGUST 24, 2021

How can data and predictive analytics help HR teams manage and improve employee retention and shape culture? Employee retention is one of the most widely sought-after ‘people’ outcomes, irrespective of organisation type or industry. In order to be efficient and effective at retaining employees, data is critical.

Data 90

Data Interview Software Retention and Turnover HR Software 90

Analytics in HR

MAY 10, 2022

Implementing a solid employee retention strategy is critical for any company. Having the right mix of employees, especially since the world of work is transforming and the economic landscape keeps changing with it, helps keep your business afloat and growing. Contents What is employee retention?

Metrics 136

Metrics Retention and Turnover Hiring Software HR Planning 136

15Five

MARCH 20, 2023

Everyone wants better engagement. A motivated, inspired workforce means better retention, productivity, and innovation — outcomes every business leader is striving for. Instead, companies need to take concrete action, based on data, to help their people feel more connected to one another and their mission at large.

Planning Tools 146

Planning Tools Employee Engagement Objectives & Key Results Assessment Software 146

Staffbase

MARCH 8, 2024

In today’s super competitive business landscape, organizations are recognizing the crucial importance of employee engagement. As such, implementing effective employee engagement strategies is now a top priority for any forward-thinking company. ” Simon Sinek What are the benefits of strong employee engagement?

Employee Engagement 52

Employee Engagement Assessment Software Planning Tools Interview Software 52

Visier

NOVEMBER 7, 2018

We had built a leadership development program for our Millennial population with the goal of reducing turnover costs. After the first three cohorts went through the program, we dug into the data, expecting to see just that: promotions driving retention. This was driving retention. But this wasn’t actually happening.

Planning Tools 173

Planning Tools Retention and Turnover HR Software Analysis 173

Staffbase

MARCH 8, 2024

In today’s super competitive business landscape, organizations are recognizing the crucial importance of employee engagement. As such, implementing effective employee engagement strategies is now a top priority for any forward-thinking company. ” Simon Sinek What are the benefits of strong employee engagement?

Employee Engagement 52

Employee Engagement Assessment Software Interview Software Strategy 52

Hppy

DECEMBER 12, 2022

So, what can you do to boost the spirit and commitment of your employees? Here are seven ideas on how to improve employee engagement and help your staff fall in love with their jobs again. What Is Employee Engagement? Create a Survey to Check Employee Engagement. Image by standret on Freepik.

Employee Engagement 173

Employee Engagement Hiring Software Code of Conduct Onboarding Software 173

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

Analytics in HR

JANUARY 8, 2024

Have you ever wondered how committed your employees are and what makes an employee commit to their job for the foreseeable future? Employee commitment is not the same as employee engagement , and genuinely committed employees tend to be rare. Contents What is an employee commitment?

Survey 86

Survey Examples Retention and Turnover Employer Branding 86

Vantage Circle

JANUARY 21, 2024

There’s a lot of talk in HR circles about employee engagement lately. But how do you really know if all that engagement spending is paying off? Enter the employee engagement index. What Does the Employee Engagement Index Mean? ” Why Care About Employee Engagement Index?

Employee Engagement 75

Employee Engagement Hiring Software Assessment Software Benchmarking 75

HR Digest

MARCH 6, 2024

We moved far too quickly from the “Great Resignation” to the era of mass layoffs and it seems that employee retention strategies were lost in the transition somewhere in between. This is why we need to return to devising creative ways to retain employees to ensure organizations stay whole. What Is Employee Retention?

Strategy 59

Strategy Retention and Turnover Compliance Training Employee Engagement 59

WorkDove

JANUARY 16, 2024

What is Employee Engagement? Employee engagement is defined asn the level of enthusiasm an employee feels toward his/her role and workplace. Engagement is a sliding scale that ranges from actively disengaged to actively engaged. Request Demo What Employee Engagement is Not Engagement is not a feeling.

Employee Engagement 52

Employee Engagement Hiring Software Assessment Software Interview Software 52

DecisionWise

APRIL 10, 2024

It can lead to lower quality of care, higher turnover, and increased risk of errors and patient harm. Some of the most common ones are: Employee engagement surveys : These are periodic surveys that assess how engaged, motivated, and committed employees are to their work and organization.

Survey 246

Survey Assessment Software Onboarding Software Retention and Turnover 246

Acendre

OCTOBER 30, 2023

“Josh Bersin of Deloitte believes the cost of losing an employee can range from tens of thousands of dollars to 1.5–2.0x the employee’s annual salary”, Jack Altman said in his How Much Does Employee Turnover Really Cost? In addition, there are more cost implications and negative impacts to turnover than Altman highlights.

Hiring Software 59

Hiring Software Onboarding Software Retention and Turnover Recruiting Software 59

SocialChorus

APRIL 1, 2024

The savviest players in the business world are data-driven organizations. Instead of relying on guesswork, their executives use a diverse array of data to make smart decisions. Businesses with a positive employee experience are 1.3 How accurate and robust is the employee data at your company?

HR Software 52

HR Software Recruiting Software Planning Tools Data 52