article thumbnail

Crucial HR KPIs you need to make data-driven decisions

Business Management Daily

These are all questions that measure the effectiveness of your human resources department, and the best way to answer them is by paying attention to essential HR KPIs (key performance indicators). Your KPIs are your first line of defense for costly issues like high turnover rates and dipping engagement levels. How is that?

article thumbnail

How HR tech’s people data boosts business performance

Bob

Today’s best HR strategy leans on people tech to take the focus off the paperwork and put the emphasis on improving culture, employee engagement and retention, and the business’s bottom line. Next, we’re going to get into the HR metrics that matter most , the data they’re collecting, and how that helps the business excel.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

TrustRadius: How Using 15Five Decreased Employee Turnover by 88%

15Five

When she joined TrustRadius, employee turnover was 40% — a number that Jamy needed to reduce quickly. She made it her goal to increase employee engagement by improving manager effectiveness. There’s so many different aspects of being a manager that it’s hard to know where to start. 15Five is a flywheel.

article thumbnail

Unlock business results: the power of employee performance management

Achievers

Here’s where employee performance management enters in – a crucial aspect of improving business performance. Key takeaways Employee performance management is a process of setting and tracking employee goals, evaluating performance, and recognizing contributions made. What is employee performance management?

article thumbnail

Should You Use an HRIS Platform for Performance Management?

15Five

Successful employee programs rely on accurate data and insights, which is achievable only with the right tech stack. The solution is to use performance management software that integrates with your HRIS platform to provide a complete solution for HR leaders. HRIS platform vs. performance management system: what’s the difference?

article thumbnail

Why employee retention is important in the construction industry

Homebase

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? Employee turnover is when workers leave the business they work for.

article thumbnail

The Retention Roadmap: Plotting Your Course to Proactive Employee Retention

15Five

Employee retention isn’t merely a challenge—it’s an ongoing effort that requires continuous foresight and strategy. At our second annual Thrive by 15Five conference, we held a breakout session titled “The Retention Roadmap: Plotting Your Course to Proactive Employee Retention”.

Course 199