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14 Key HR Metrics to Track: Definitions and Formulas

Extensis

But with so many human resource (HR) metrics available to measure, which ones have the most impact? From turnover rate to revenue per employee, these 14 HR analytics, paired with the support of a professional employer organization (PEO), can empower SMBs with the tools and expertise they need to succeed.

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The October JOLTS data is a time capsule, capturing seasonal upticks amid a broader labor market cooldown

HR Brew

As such, October’s job openings and labor turnover survey (JOLTS) from the US Bureau of Labor Statistics feels a bit like a time capsule, as some industries were gearing up for holiday and winter busy seasons, while overall the labor market continued to cool down, possibly in anticipation of next year. Total separations changed little at 5.3

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HR Software’s Role in Workforce Analytics and Strategic Planning: Building a Data-Driven HR Team

EmployeeConnect

For instance, instead of simply tracking employee turnover, analytics can help HR leaders identify turnover patterns, understand root causes, and implement targeted retention strategies. Workforce analytics refers to the use of data, statistical tools, and technology to analyse employee data. What is Workforce Analytics?

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The Impact of Regrettable Turnover on Your Business

15Five

Every organization experiences turnover. But there are two key differences between regrettable turnover and other types of turnover: who leaves and whether you can do anything about it. With regrettable turnover, you lose a top performer because of something firmly within your control. What is regrettable turnover?

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HR Dashboard: 5 Examples, Metrics and a How-To

AIHR

An effective HR dashboard makes it easy for People Teams to gain insights into turnover rates, labor costs, and other workforce metrics. We compare it to the HR report, examine key functions and metrics, and discuss how to build an effective dashboard. In this article, we explore the intricacies of the HR dashboard.

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13 ESG Metrics HR Leaders Should Use To Track Performance

AIHR

A growing number of companies are prioritizing purpose, linking profit to environmental, social, and governance (ESG) metrics that attract conscious investors, customers, and employees. Contents What are ESG metrics? When it comes to HR and ESG , numerous ESG-related responsibilities fall under the purview of Human Resources.

Metrics 98
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Employee Commitment Surveys 101: Key Metrics and Insights for Workplace Success

Vantage Circle

Employee commitment simply refers to the emotional attachment, loyalty, and sense of responsibility employees feel toward their organization. From retention to productivity, commitment drives how your team feels about the work they do and the company they’re part of. What is an Employee Commitment Survey?

Metrics 107