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Crucial HR KPIs you need to make data-driven decisions

Business Management Daily

By keeping track of essential HR metrics like employee turnover rate, time to fill, and recruitment costs — you’ll have a solid grasp of your strengths and top areas for improvement. A key performance indicator is a metric that measures the effectiveness of something, and it can take all sorts of forms.

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Workday Podcast: Helping Insurance Firms Accelerate to the Cloud

Workday

Dave Zager, a partner in the Workday financials practice at Deloitte, explains that insurance companies must first solve their issues around data to deal with these demands. What cloud software and Workday do for you is give you the capability to be independent from IT, drive your own processes, and manage your own work.

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10 Best Workforce Planning Software in 2023

HR Lineup

It streamlines the process of workforce planning by providing data analytics, scenario modeling, and forecasting capabilities. The software allows for real-time data analysis and workforce optimization, making it an excellent choice for large enterprises. Anaplan is suitable for a wide range of industries and business sizes.

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The majority (85%) of companies globally now have a DE&I budget, and nearly one-half plan to increase it in the coming year, survey finds

HR Brew

“Even with some of the pushback people are getting, DE&I is still an investment for people,” Carin Taylor, chief diversity officer at Workday, exclusively told HR Brew. Whether investments in DE&I initiatives are driven by internal or external pressures, the data suggests workers are the common denominator. Data in perspective.

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12 Organizational Health Metrics HR Should Know

Analytics in HR

What are some organizational health metrics HR should know and keep track of? 12 organizational health metrics to measure. Given the gray area around organizational health and the need for more consensus about what it means within an organization, business leaders often fail to set targets and track metrics to measure and improve it.

Metrics 126
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HR Metrics That Matter

Extensis

To grow, they must have a data-driven decision-making culture. But with so many HR metrics available to measure, which are the most important? From turnover rate to revenue per employee, let’s explore the 14 most critical HR metrics for today’s SMBs. To calculate this metric: . To calculate this metric: .

Metrics 98
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The HR metrics that matter most in 2023

Business Management Daily

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?

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