article thumbnail

Crucial HR KPIs you need to make data-driven decisions

Business Management Daily

These are all questions that measure the effectiveness of your human resources department, and the best way to answer them is by paying attention to essential HR KPIs (key performance indicators). Your KPIs are your first line of defense for costly issues like high turnover rates and dipping engagement levels. How is that?

article thumbnail

Workforce Planning Model: Process, Benefits, Elements & Examples

HR Lineup

Workforce planning emerges as a crucial aspect of human capital management, offering a structured approach to anticipate and meet the demands of an ever-changing environment. This includes predicting retirements, turnover rates, expansion plans, and changes in skill requirements.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Is employee engagement your No. 1 challenge? 5 other things to keep in mind

Ceridian

In most offices, talent management leaders have zoomed in on employee retention and productivity as crucial goals for both their short- and long-term needs. Here’s the scoop, according to the Society for Human Resource Management. Reducing employee turnover. Retaining high performers.

article thumbnail

4 Steps for Building an Effective Talent Pipeline

Oracle HCM - Modern HR in the Cloud

Unsurprisingly, business leaders are paying more attention to the ins and outs of recruitment and retention. In the 2017 Deloitte Global Human Capital Trends report , 83% of respondents to the survey ranked “attracting skilled resources” as a top-three concern.

article thumbnail

HR staffing: Is there a sweet spot to prevent turnover?

HRExecutive

In August, Data Lab examined the connection between HR staffing ratios and employee turnover. We also examined billions of observations collected by ADP’s human capital management system to see what circumstances might contribute to those feelings, including wage histories, promotion trajectories and career development.

article thumbnail

11 Common Stereotypes About Human Resources Versus Reality.

Kevin Sheridan

A perfect example is having HR regularly calculate and track the employee turnover rate, analyzing the reasons for that turnover, and taking timely action to reduce that turnover. Human Resources Has Little Responsibility Beyond Paperwork, Administration, And Bureaucracy. Communicate. Communicate. Communicate.

article thumbnail

5 reasons talented tech professionals are choosing to leave their jobs

Ceridian

If you work in the human capital management industry today, you’re probably feeling a constant sense of pressure to maintain strong employee retention and productivity at your office. Recent research from IT search and staffing firm PROTECH supports this notion. The importance of work-life balance.