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What Is Human Resources?

Analytics in HR

As a department, it is responsible for managing HR activities from recruitment and onboarding, compensation and benefits, learning and development, performance management, and employee relations to separation or retirement. HR is vital in aligning the organization’s business objectives and employees’ needs and aspirations.

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HR Reports: The Journey and the Aftermath!

Keka HR Blog

HR reporting provides a way to gather and analyze HR data, allowing organizations to track key performance indicators (KPIs) such as employee turnover rates, time-to-hire and diversity metrics. In fact, organizations that make use of HR reporting are more likely to be successful in achieving their business goals.

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Top Most Important HR Metrics You Need to Track

HR Lineup

Employee Turnover Rate: Definition: Employee turnover rate calculates the percentage of employees who leave the organization within a given period. Importance: High turnover rates can be costly and indicative of underlying issues within the organization. Diversity and Inclusion Metrics I.

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Measuring the ROI of Talent Management Initiatives

Engagedly

With careful measurements and analysis, HR and business executives can gain powerful insights into which talent practices most effectively recruit top talent, accelerate performance, and foster engagement and retention. A low turnover rate signifies improved talent retention efforts and lower recruitment and training expenditures.

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People Strategy: What Is It and How to Make One

Engagedly

In this blog, we will explore all the people strategy elements characterized by talent acquisition, development, and retention. Also read: The Future of HR: Identifying 7 Evolving Roles and Strategies to Secure Them What Is a People Strategy? Human Resources (HR): HR functions are part of the overall people strategy.

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HR Metrics for 2023: The Definitive Guide

Primalogik

Examples of HR metrics include cost-per-hire, turnover rates/costs, training and human capital return on investment (ROI), labour/productivity rates and costs, benefits costs per employee, etc.” To observe trends, HR should measure the same metrics over time. Recruitment and Retention Cost per hire. Time to hire.

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HR Dashboards: Examples and Best Practices

Engagedly

Furthermore, HR dashboards play a vital role in ensuring compliance with labor regulations while proactively addressing staff-related issues such as talent acquisition and retention. They also contribute to increasing employee engagement by fostering HR practices’ accountability and transparency.