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Predictive analytics: why it matters for employee retention

Workable

In an era where businesses face relentless challenges of retaining top talent, the strategic deployment of predictive analytics emerges as a crucial tool in the HR arsenal. This technology not only forecasts potential employee turnover but also provides actionable insights, enabling companies to proactively address retention challenges.

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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 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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The Role of Technology in Talent Management | ClearCompany

ClearCompany HRM

Talent management technology is the all-in-one solution for teams that want to streamline core HR functions and cut down on the number of software systems they’re using. It’s also essential for companies that want to keep up — 46% of HR leaders say they’re spending more on HR technology in 2023.

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HR Audit: Meaning, Importance, Types, Process & Benefits

HR Lineup

Meaning of HR Audit: An HR audit is a systematic evaluation of an organization’s HR policies, practices, procedures, and strategies to assess their effectiveness, legal compliance, and alignment with organizational objectives.

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What are the 6 Stages of HR Digital Transformation?

HR Lineup

In today’s fast-paced digital landscape, human resources (HR) functions are experiencing a significant evolution. This transformation, known as HR digital transformation, is not just about adopting new tools; it’s a strategic overhaul that impacts the entire HR ecosystem.