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6 Workforce Metrics with Significant Financial Impact

UKG

Knowing which metrics and measurements to focus on is a perennial challenge for CFOs and finance departments, and the current state of workforce management makes it that much trickier. That has also changed the way we will consider which metrics matter most in the near future. Employee retention rates. Health and safety.

Metrics 52
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What Is Human Resources?

Analytics in HR

It includes reviewing organizational and HR metrics to measure HR initiatives’ effectiveness on business results. Internal mobility helps organizations improve employee engagement and retention while reducing hiring costs. HR ensures compliance with employment laws and regulations to protect employees’ rights.

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Want a Career in Human Resources? Your In-Depth (2023) Guide

Analytics in HR

Employee relations: HR provides accurate and timely information to employees to build good working relationships and boost employee engagement and retention. HR analytics : HR gathers and analyzes employee data related to employee performance, engagement, turnover, and other relevant metrics to make strategic decisions.

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24 metrics your C-suite expects your human resource management software to report on

cipHR

But among hundreds, if not thousands, of people metrics, what should your HR systems report on? Here are 24 metrics we typically see C-suites asking for most. Let’s explore the metrics we often see C-suites asking HR teams for – first the fundamentals, then more sophisticated reports that power advanced modelling and forecasting.

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Avoid an HR Headache with these 25 Tips

ExactHire

Even the most profit-focused executive understands the high cost of low retention. And much of the business sector embraces concepts like culture and employer brand after witnessing the tech industry wield them successfully. Know the wage and hour laws in each state where remote workers or contractors reside.

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How data and storytelling can work together under the new SEC rules

HRExecutive

Last summer, the Securities and Exchange Commission adopted new regulations for employer disclosures on human capital information. The panelists agreed that the SEC regulations are relatively broad, allowing employers to essentially report the human capital metrics most relevant to their stakeholders. Enderes asked.

Data 142
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8 HR KPIs to measure in a post-pandemic workplace

Insperity

HR KPIs are the workforce metrics that HR departments use to evaluate: How HR influences and contributes to the company, and impacts the financial bottom line How successful HR is at achieving HR strategy and overall organizational strategy Which initiatives and processes to maintain Where opportunities for improvement exist.