Expert insights. Personalized for you.
But is it happening on a widespread, systemic level? . Here are four common ageism myths we debunked with the data: Myth #1: Older tech workers are less valued. Reality: Systemic Ageism Exists in Tech Hiring Practices. It’s been called the tech industry’s “ silent career killer.” MORE
Even the most qualitative departments, such as Marketing, moved from “art” to “science” through the use of data. . Indeed, the “art” of modern business is that everything can be quantified and measured, and data is now the single most important type of capital that an enterprise can own. MORE
Let us share our insights gained through years of developing and analyzing the most successful recognition programs for direct selling companies to help you drive distributor retention , increase sales, and boost customer engagement. . The system creates an emotional connection with a company. MORE
This is the time of year when employers need to be proactive with their employee retention strategies. Recent data from Glassdoor specifically calls out January as the month when more employees are likely to leave. The Cost of Employee Turnover. How to Reduce Employee Turnover. MORE
And yet, do a Google search for “ employee retention ” and you’ll find dozens of articles stating what we’ve known for generations: people want more than just money to find meaning in their work. Imagine a system where accomplishments are tracked over the lifetime of an employee. MORE
Data-driven Insights for Employee Retention. In our most recent norm analysis, we found interesting results by industry—and for employee turnover as a whole—that we’d like to share. In most industries, pay ranked third in importance out of the top 12 turnover causes. MORE
Talent Acquisition : gaining push-button visibility across the CRM, ATS and HRIS systems. HR Operations : getting visibility into historical data or delivering what the HRIS can’t. Learning : understanding which learning choices actually impact retention or performance. MORE
If your job is to run an HR function, you likely encounter this challenge on a regular basis: It is often the managers and department heads who make decisions that impact the results of key programs, such as retention and recruitment. The Democratization of HR Data. MORE
But is it happening on a widespread, systemic level? . Here are four common ageism myths we debunked with the data: Myth #1: Older tech workers are less valued. Reality: Systemic Ageism Exists in Tech Hiring Practices. It’s been called the tech industry’s “ silent career killer.” MORE
HR analytics produces large amounts of insightful employee engagement data, filled with potential insight into employee attitudes, morale, retention rates, and more. To get the most out of your employee engagement data, take the following steps: Understand the Business. Data that’s important to HR rarely reflects the data driving business outcomes. Understand your company’s metrics and how employee engagement data influences those priorities. MORE
With the cost of replacing an employee sitting anywhere between 30 and 400% of that person’s annual salary, there’s obviously a strong financial case for investing in retention — not to mention the benefits of preserving institutional knowledge and protecting morale. MORE
According to Bersin by Deloitte, 4% of new employees leave a job after a disastrous first day and 22% of staff turnovers occur in the first 45 days of employment. Integrate your new hires with @ClearCompany’s easy-to-manage, mobile Onboarding System. MORE
Data is now the most valuable currency in the world. But in contrast to the murky ethics of sourcing and selling consumer-driven data , leveraging internal HR data analytics to make better workforce decisions has been a key Human Resources best practice for decades. MORE
Employee turnover is a major problem for companies Studies about employee turnover can be shocking. Real time compensation data means there’s no reason you shouldn’t be paying competitively. What can be done to improve employee retention rates? Tess C. MORE
Applicant tracking systems (ATS) have been known to cost upwards of $1M a year for large firms-- but is it possible to find quality with a free applicant tracking system? We have pulled together five great examples of free applicant tracking systems that deliver real value for budget conscious organizations. 5 Free Applicant Tracking Systems. Surlet is a modern free applicant tracking system available in three tiers -- starting with a free applicant tracking system. MORE
In our people analytics community, we’ve had a few discussions about how to calculate employee turnover and retention. In analytics, employee turnover is arguably the most-discussed metric. However, calculating turnover is much trickier than it seems. MORE
Data-driven Insights for Employee Retention. In our most recent norm analysis, we found interesting results by industry—and for employee turnover as a whole—that we’d like to share. In most industries, pay ranked third in importance out of the top 12 turnover causes. MORE
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. MORE
Prove the retention problem. To do this, begin by looking at general trends for turnover and resignation patterns. A good rule of thumb is that if you are seeing increases in turnover of over 3-5%, then you have a trend that indicates a problem. MORE
But is it happening on a widespread, systemic level? . Here are four common ageism myths we debunked with the data: Myth #1: Older tech workers are less valued. Reality: Systemic Ageism Exists in Tech Hiring Practices. It’s been called the tech industry’s “ silent career killer.” MORE
Hiring, vacancies and turnover are critical measures on both the state of the economy and the health of the organization. Some turnover is healthy for organizations, but the danger in such record-setting times is passing a critical threshold of talent loss. MORE
Companies with higher levels of automation have much higher levels of unwanted turnover – nearly a third of highly automated organizations lose more than 50 percent of their new hires in the first year, and one out of 10 say goodbye to 75 percent of their employees in the first year. MORE
Historically, many issues arose from lack of data. Specifically, this initiative is not just about understanding data-driven HR and the usual metrics, but specifically how HR can connect what it’s doing to business outcomes. And then there’s all this data. Churn/Retention. MORE
In fact, LinkedIn’s Global Recruiting Trends report indicates that 64 percent of today’s organizations use data at least occasionally and 79 percent are somewhat likely to take advantage of it in the next two years. Monitor the quality of the data. Look at data holistically. MORE
Sure, there’s a certain amount of turnover that’s to be expected, but how can you know if the turnover in your organization is normal — or indicative of a larger problem? An Easy Way to Improve Retention. The post Worried About Your Employee Turnover? MORE
With voluntary resignations at an all-time high and unemployment rates historically low, employee retention is a key objective for most HR organizations, and employee turnover is the single most prevalent HR metric. Why should HR make employee retention a priority? MORE
With voluntary resignations at an all-time high and unemployment rates historically low, employee retention is a key objective for most HR organizations, and employee turnover is the single most prevalent HR metric. Why should HR make employee retention a priority? MORE
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. Who is responsible for turnover? MORE
In order to move from this “list of challenges” to the “corporate asset list,” I have found that HR and its key functions like recruiting, retention and learning must move to dramatically increase their measurable business impacts by adopting analytics and data-driven decision-making. MORE
A few weeks back I wrote about how retention/turnover will be the biggest challenge for HR leaders in 2017. The state of turnover right now is pushing companies to innovate and transform their cultures to create a better employee experience that benefits both employees and employers. MORE
As a result, more and more data is being shared on the web. In fact, there were an estimated 8 exabytes of data created and shared this year alone. How does a heavy amount of digital reliance and data transfer affect your business? GDPR Data Retention: What You Need to Know. MORE
Because the current healthcare climate is heavily focused on meeting strict quality guidelines from the feds and payors while providing top-notch care, employee retention in healthcare is more critical than ever. Not surprisingly, this creates high turnover in hospitals. MORE
With voluntary resignations at an all-time high and unemployment rates historically low, employee retention is a key objective for most HR organizations, and employee turnover is the single most prevalent HR metric. Why should HR make employee retention a priority? MORE
True story: some companies have low turnover rates. So here’s the answer: the average turnover rate across all industries in the U.S. If you’re relying on good luck and intuition alone to keep employees in place, eventually that turnover rate is going to catch up with you. How turnover costs your company. Turnover is one of the costs of doing business, but it’s an expensive one. You can see the full scope of the costs of employee turnover here. MORE
Data warehousing has existed since the mid-1990s, and by 2011, Gartner made the (not-so-surprising) prediction that it would reach its inflection point that same year. “As One system of truth could deliver a consistent understanding of metrics across the organization at scale. MORE
Consider the surprising discovery (described in this HBR post ) that one fast-food chain’s executives made after looking at the company’s turnover data: some stores with high overall turnover were extremely profitable. Stores with high manager turnover, however, were less profitable. For a deep dive into the true costs of manager turnover and turnover reduction interventions, download the FULL REPORT HERE. MORE
The negative impact of employee turnover on your business can manifest itself in several important ways. To mitigate turnover costs, businesses need to implement proactive strategies designed to reduce attrition. Quantifying Employee Turnover. MORE
Massive value can be attained when businesses use data to understand and optimize their workforce, as well as to outsmart and outperform their competition. Below are a few examples of how using data and people analytics can improve results. Develop Better Employee Retention Programs. MORE
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. Who is responsible for turnover?
Visier
NOVEMBER 15, 2017
With voluntary resignations at an all-time high and unemployment rates historically low, employee retention is a key objective for most HR organizations, and employee turnover is the single most prevalent HR metric. Why should HR make employee retention a priority?
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Visier
SEPTEMBER 30, 2016
With voluntary resignations at an all-time high and unemployment rates historically low, employee retention is a key objective for most HR organizations, and employee turnover is the single most prevalent HR metric. Why should HR make employee retention a priority?
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.
WorkHuman
MARCH 7, 2017
A few weeks back I wrote about how retention/turnover will be the biggest challenge for HR leaders in 2017. The state of turnover right now is pushing companies to innovate and transform their cultures to create a better employee experience that benefits both employees and employers.
Analytics in HR
JULY 8, 2019
In our people analytics community, we’ve had a few discussions about how to calculate employee turnover and retention. In analytics, employee turnover is arguably the most-discussed metric. However, calculating turnover is much trickier than it seems.
|
Visier
DECEMBER 14, 2017
With voluntary resignations at an all-time high and unemployment rates historically low, employee retention is a key objective for most HR organizations, and employee turnover is the single most prevalent HR metric. Why should HR make employee retention a priority?
Visier
JANUARY 16, 2018
This is the time of year when employers need to be proactive with their employee retention strategies. Recent data from Glassdoor specifically calls out January as the month when more employees are likely to leave. The Cost of Employee Turnover. How to Reduce Employee Turnover.
Visier
JUNE 12, 2015
Prove the retention problem. To do this, begin by looking at general trends for turnover and resignation patterns. A good rule of thumb is that if you are seeing increases in turnover of over 3-5%, then you have a trend that indicates a problem.
Visier
MAY 29, 2018
Hiring, vacancies and turnover are critical measures on both the state of the economy and the health of the organization. Some turnover is healthy for organizations, but the danger in such record-setting times is passing a critical threshold of talent loss.
Kazoo
OCTOBER 4, 2016
And yet, do a Google search for “ employee retention ” and you’ll find dozens of articles stating what we’ve known for generations: people want more than just money to find meaning in their work. Imagine a system where accomplishments are tracked over the lifetime of an employee.
|
HSD Metrics
MAY 17, 2018
Data-driven Insights for Employee Retention. In our most recent norm analysis, we found interesting results by industry—and for employee turnover as a whole—that we’d like to share. In most industries, pay ranked third in importance out of the top 12 turnover causes.
HSD Metrics
MAY 17, 2018
Data-driven Insights for Employee Retention. In our most recent norm analysis, we found interesting results by industry—and for employee turnover as a whole—that we’d like to share. In most industries, pay ranked third in importance out of the top 12 turnover causes.
Reflektive
DECEMBER 12, 2017
Sure, there’s a certain amount of turnover that’s to be expected, but how can you know if the turnover in your organization is normal — or indicative of a larger problem? An Easy Way to Improve Retention. The post Worried About Your Employee Turnover?
Ultimate Software
AUGUST 2, 2019
Data is now the most valuable currency in the world. But in contrast to the murky ethics of sourcing and selling consumer-driven data , leveraging internal HR data analytics to make better workforce decisions has been a key Human Resources best practice for decades.
HSD Metrics
JANUARY 20, 2020
The negative impact of employee turnover on your business can manifest itself in several important ways. To mitigate turnover costs, businesses need to implement proactive strategies designed to reduce attrition. Quantifying Employee Turnover.
Stratus
MAY 19, 2017
True story: some companies have low turnover rates. So here’s the answer: the average turnover rate across all industries in the U.S. If you’re relying on good luck and intuition alone to keep employees in place, eventually that turnover rate is going to catch up with you. How turnover costs your company. Turnover is one of the costs of doing business, but it’s an expensive one. You can see the full scope of the costs of employee turnover here.
HRO Today
OCTOBER 21, 2019
In fact, LinkedIn’s Global Recruiting Trends report indicates that 64 percent of today’s organizations use data at least occasionally and 79 percent are somewhat likely to take advantage of it in the next two years. Monitor the quality of the data. Look at data holistically.
Celergo
JANUARY 15, 2018
As a result, more and more data is being shared on the web. In fact, there were an estimated 8 exabytes of data created and shared this year alone. How does a heavy amount of digital reliance and data transfer affect your business? GDPR Data Retention: What You Need to Know.
Visier
APRIL 9, 2019
Data warehousing has existed since the mid-1990s, and by 2011, Gartner made the (not-so-surprising) prediction that it would reach its inflection point that same year. “As One system of truth could deliver a consistent understanding of metrics across the organization at scale.
ClearCompany HRM
MAY 15, 2018
According to Bersin by Deloitte, 4% of new employees leave a job after a disastrous first day and 22% of staff turnovers occur in the first 45 days of employment. Integrate your new hires with @ClearCompany’s easy-to-manage, mobile Onboarding System.
Visier
JANUARY 22, 2019
Massive value can be attained when businesses use data to understand and optimize their workforce, as well as to outsmart and outperform their competition. Below are a few examples of how using data and people analytics can improve results. Develop Better Employee Retention Programs.
Visier
MARCH 12, 2015
If your job is to run an HR function, you likely encounter this challenge on a regular basis: It is often the managers and department heads who make decisions that impact the results of key programs, such as retention and recruitment. The Democratization of HR Data.
Linkedin Talent Blog
JUNE 17, 2019
With the cost of replacing an employee sitting anywhere between 30 and 400% of that person’s annual salary, there’s obviously a strong financial case for investing in retention — not to mention the benefits of preserving institutional knowledge and protecting morale.
Visier
APRIL 21, 2016
Historically, many issues arose from lack of data. Specifically, this initiative is not just about understanding data-driven HR and the usual metrics, but specifically how HR can connect what it’s doing to business outcomes. And then there’s all this data. Churn/Retention.
Rallyware for Human Resources
DECEMBER 24, 2019
Let us share our insights gained through years of developing and analyzing the most successful recognition programs for direct selling companies to help you drive distributor retention , increase sales, and boost customer engagement. . The system creates an emotional connection with a company.
Visier
JANUARY 8, 2019
Talent Acquisition : gaining push-button visibility across the CRM, ATS and HRIS systems. HR Operations : getting visibility into historical data or delivering what the HRIS can’t. Learning : understanding which learning choices actually impact retention or performance.
Visier
SEPTEMBER 3, 2019
Consider the surprising discovery (described in this HBR post ) that one fast-food chain’s executives made after looking at the company’s turnover data: some stores with high overall turnover were extremely profitable. Stores with high manager turnover, however, were less profitable. For a deep dive into the true costs of manager turnover and turnover reduction interventions, download the FULL REPORT HERE.
Reflektive
APRIL 1, 2019
HR analytics produces large amounts of insightful employee engagement data, filled with potential insight into employee attitudes, morale, retention rates, and more. To get the most out of your employee engagement data, take the following steps: Understand the Business. Data that’s important to HR rarely reflects the data driving business outcomes. Understand your company’s metrics and how employee engagement data influences those priorities.
Silkroad
DECEMBER 12, 2018
Companies with higher levels of automation have much higher levels of unwanted turnover – nearly a third of highly automated organizations lose more than 50 percent of their new hires in the first year, and one out of 10 say goodbye to 75 percent of their employees in the first year.
Visier
FEBRUARY 9, 2017
In order to move from this “list of challenges” to the “corporate asset list,” I have found that HR and its key functions like recruiting, retention and learning must move to dramatically increase their measurable business impacts by adopting analytics and data-driven decision-making.
Surlet
JANUARY 2, 2019
Applicant tracking systems (ATS) have been known to cost upwards of $1M a year for large firms-- but is it possible to find quality with a free applicant tracking system? We have pulled together five great examples of free applicant tracking systems that deliver real value for budget conscious organizations. 5 Free Applicant Tracking Systems. Surlet is a modern free applicant tracking system available in three tiers -- starting with a free applicant tracking system.
HR Morning
SEPTEMBER 10, 2019
Because the current healthcare climate is heavily focused on meeting strict quality guidelines from the feds and payors while providing top-notch care, employee retention in healthcare is more critical than ever. Not surprisingly, this creates high turnover in hospitals.
Compensation Today
JUNE 12, 2015
Employee turnover is a major problem for companies Studies about employee turnover can be shocking. Real time compensation data means there’s no reason you shouldn’t be paying competitively. What can be done to improve employee retention rates? Tess C.
Visier
SEPTEMBER 26, 2017
But is it happening on a widespread, systemic level? . Here are four common ageism myths we debunked with the data: Myth #1: Older tech workers are less valued. Reality: Systemic Ageism Exists in Tech Hiring Practices. It’s been called the tech industry’s “ silent career killer.”
Visier
SEPTEMBER 26, 2017
But is it happening on a widespread, systemic level? . Here are four common ageism myths we debunked with the data: Myth #1: Older tech workers are less valued. Reality: Systemic Ageism Exists in Tech Hiring Practices. It’s been called the tech industry’s “ silent career killer.”
Visier
SEPTEMBER 26, 2017
But is it happening on a widespread, systemic level? . Here are four common ageism myths we debunked with the data: Myth #1: Older tech workers are less valued. Reality: Systemic Ageism Exists in Tech Hiring Practices. It’s been called the tech industry’s “ silent career killer.”
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