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How HR tech’s people data boosts business performance

Bob

Today’s best HR strategy leans on people tech to take the focus off the paperwork and put the emphasis on improving culture, employee engagement and retention, and the business’s bottom line. But what tech can you use to support your business’s HR functions and free up the time you need to put your energy into your people?

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What is HR Analytics? All You Need to Know to Get Started

Analytics in HR

Although the term “HR analytics” is widely used, there is a growing trend of referencing “ people analytics ” as well. HR analytics originates from data housed within Human Resources and is aimed at optimizing HR functions. Example: Annual employee turnover rate.)

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What Is Human Resources?

Analytics in HR

As a function, HR covers the processes, practices, and strategies to attract, develop, and retain employees who contribute to the company’s overall success. 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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Leveraging People Analytics for Greater Employee Retention

Acendre

It’s no secret that employee retention has skyrocketed to the top of the HR agenda across industries. But what is the best way to go about creating a solid retention strategy? Well, a whopping 82% of organizations (according to SHRM Research) now embrace people analytics to tackle the turnover challenge.

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20 HR Metrics To Consider Adding to Your Company’s KPIs

Pingboard

For that reason, they’re also referred to as HR key performance indicators (KPIs). . As you’ll see, HR metrics include a wide range of core and non-core areas like: . Onboarding . Retention . Recommended Reading: Why is HR Important? Tracking and analyzing HR efforts empowers organizations from top to bottom.

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Employee Retention 101: Everything You Need to Know to Keep Your Best People

Empuls

Employee retention is crucial in this competitive market. Employee retention refers to an organization's ability to keep its valuable employees. Employee retention refers to an organization's ability to keep its valuable employees. Businesses incur expenses for recruitment, onboarding, and lost productivity.