Remove Employee Engagement Remove Onboarding Remove Retention and Turnover Remove Succession Planning
article thumbnail

The HR Scorecard: A Complete Guide

HR Lineup

Financial Perspective: Revenue per Employee: This metric helps evaluate the revenue generated by each employee, indicating their productivity and contribution to the organization’s financial success. This comprehensive evaluation enables organizations to identify areas of strength and weakness within their HR functions.

article thumbnail

From Compliance to Talent Management: The 15 Essential HR Responsibilities

Analytics in HR

Today, HR professionals play critical roles in policy development, onboarding, manager training, employee experience, digitalization, and much more. Growing the business: Workforce planning, recruitment, and selection responsibilities 4. Employee development: Onboarding, training and development responsibilities 5.

Insiders

Sign Up for our Newsletter

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

article thumbnail

What’s Keeping HR Up at Night in 2020?

HRExecutive

Slightly more than half of the respondents worry about retaining key talent, with the next most common concern being developing leaders and succession planning, followed by improving the employee experience, and driving innovation and helping teams work together. Some survey respondents also mention the exodus of baby boomers.

article thumbnail

What Is Talent Relationship Management? The Process in 7 Steps

Analytics in HR

Lower employee turnover: Because you hire higher quality candidates due to good cultural fit, employees stay longer because the company values resonate with theirs. Onboarding Onboarding takes place during the new hire’s first day of employment. HR orients new employees with the company policies.

article thumbnail

Top Strategies for Effective Headcount Planning in the Modern Workplace

hrQ

It’s crucial to engage in foresighted headcount planning by foreseeing and devising plans for future skill requirements to counteract employee turnover throughout the organization. Examining job-related costs that employees incur can lead to higher overall satisfaction and deeper engagement.

article thumbnail

Turnover vs. Attrition: Key Differences Plus How To Calculate Each 

Analytics in HR

Turnover and attrition are two basic HR metrics that companies should monitor on a regular basis. The data helps HR and management understand how long employees typically stay with an organization, and provides insight into what may or may not drive retention. Contents What is turnover? What is attrition?

article thumbnail

Succession Planning for Employee Engagement and Retention - Sapling Blog

Sapling

Career development is often cited as a top reason for employee turnover. When employees can envision a promising future at your organization, they are more likely to go above and beyond to excel in their roles. The intersection of these two areas is critical for ensuring long-term success.