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HR’s Guide to Analyzing and Lowering Attrition Rate

Analytics in HR

Difference between attrition and turnover Types of attrition Factors impacting attrition How to calculate employee attrition rate The risks of high attrition rate for the business How to identify and analyze a high attrition rate HR strategies for reducing attrition rate What is attrition rate? Contents What is attrition rate?

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AI, Upskilling, and Return to Office: Top 10 HR Trends for 2024

Netchex HR Blog

Workplace Diversity: Making Space for Everyone Like the past several years, DEI is still one of the most critical HR trends for 2024. Make sure everyone feels welcome to reduce turnover and take advantage of the strength that comes with diversity and inclusivity. Choose compatible HR software for integration and automation.

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6 important questions to guide your strategic HR plan

Insperity

HR no longer owns just the transactional and compliance-focused activities of organizations, but has stretched to take greater responsibility for: Employee experience and wellbeing Company culture Emotionally intelligent management Diversity, equity and inclusion Data-driven insight.

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The Top 10 Strategic HR and TA Metrics That CEOs Want to See

Visier

In addition to the performance improvement percentage of new hires, this measure can be augmented with new-hire retention rates and the percentage of diversity hires in key jobs. However, weigh your turnover by their performance because losing top performers is much more expensive. So, put a weight (i.e.

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From Toxic to Thriving: How To Change Company Culture?

Hppy

Some factors that drive change in companies are performance, change in leadership, new technology, mergers and acquisitions, and market conditions. Adopting new technology undoubtedly shakes existing processes and strategies and brings organizational change. Low performance is a typical driver of change in many companies.

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What is reboarding and how it can boost retention rates

Workable

Reboarding or internal onboarding is the process of reintegrating employees into the workplace, whether they’re returning after a significant absence, transitioning within the company, or adapting to substantial organizational changes. Retention and turnover Effective reboarding strategies are also linked to improved retention rates.

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The 7 best HR analytics software options for today’s workforce

Business Management Daily

If not, then consider adopting an HR analytics software program so you can start making data-driven decisions. After all, there are many reasons why 80% of businesses use HR software , and it’s not just to automate repetitive and time-consuming tasks (although that’s a big part of it, too). What can HR analytics software do?