Best Of HR

APRIL 18, 2023

What Employee Experience Metrics Are Most Important? To gain insights into the most valuable employee experience metrics, we reached out to a diverse group of professionals, including founders, CEOs, and HR heads. In addition, we use inclusion metrics to measure the experiences of our employees.

Metrics 40

Metrics Hiring Software Staffing Software Onboarding Software 40

Homebase

JUNE 22, 2023

That’s why employee retention is important, especially in the construction industry. As of 2021 , the construction industry had an average turnover rate of 68%—higher than most other industries, where the average hovers between 30-40%. What is employee turnover? Employee turnover is when workers leave the business they work for.

Hiring Software 52

Hiring Software Industry Retention and Turnover Recruiting Software 52

PeopleStrategy

NOVEMBER 7, 2023

Review HR metrics. This helps not only with employee training but also recognition programs and wellness initiatives. HR can help engage and align employees with the organization’s purpose and values, which can positively impact an organization’s attraction and retention efforts. Workforce analysis. Value alignment.

Hiring Software 130

Hiring Software Retention and Turnover Recruiting Software Payroll 130

FingerCheck

OCTOBER 19, 2023

A high employee retention rate is often a sign of a healthy business. Here, we’ll review what employee retention means, how it works, and how you can keep your best employees. What Is Employee Retention? Employee retention is the science of reducing employee turnover. What Are the Benefits of Employee Retention?

Talent Experience 52

Talent Experience Retention and Turnover Strategy Hiring Software 52

15Five

NOVEMBER 14, 2023

Employee retention isn’t merely a challenge—it’s an ongoing effort that requires continuous foresight and strategy. At our second annual Thrive by 15Five conference, we held a breakout session titled “The Retention Roadmap: Plotting Your Course to Proactive Employee Retention”.

Course 201

Course Retention and Turnover HR Software Metrics 201

Keka HR Blog

MARCH 31, 2023

The criticality of HR reporting for an organization’s success cannot be overstated. 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.

HR Software 52

HR Software HR Planning Hiring Software Report 52

15Five

MAY 19, 2023

According to Gartner, 58% of organizations say a lack of relevant metrics to track HR progress is one of the top barriers to effective strategic planning. Most other business functions have a standard set of metrics that show the effectiveness of their team and how they’re contributing to the company’s bottom line (e.g.,

HR Planning 224

HR Planning Metrics HR Software Hiring Software 224

Bob

AUGUST 2, 2023

It’s a well-deserved and welcome change, but the pressure can be overwhelming, especially if HR processes continue to rely on manual execution. 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.

HR Software 78

HR Software Hiring Software Recruiting Software Data 78

Insperity

JANUARY 21, 2021

What do you think of when you see the terms “employee turnover” and “employee attrition?” For many of us, these phrases call to mind workplace dysfunction, job losses or even confusion, because turnover and attrition are closely related ideas. What is employee turnover? So, the turnover rate in this example is 21.62

Retention and Turnover 77

Retention and Turnover Hiring Software Onboarding Software Retirement 77

15Five

OCTOBER 4, 2023

Managers have an outsized impact on the outcomes that matter most to HR leaders, including employee engagement, performance, and retention. You need baseline metrics to build a strategic plan and mechanisms for continuous measurement and improvement. Conversely, ineffective managers can negatively impact the people who report to them.

Metrics 187

Metrics HR Software Retention and Turnover Planning Tools 187

Empuls

SEPTEMBER 29, 2023

However, amid all this unpredictability, there’s one trend that managers have come to recognize – the high turnover rate. With the challenges of demanding customers, repetitive tasks, and, sometimes, stringent performance metrics, it's no surprise that keeping employees motivated and satisfied can be challenging.

Hiring Software 40

Hiring Software HR Software Recruiting Software Staffing Software 40

EmployeeConnect

MARCH 20, 2017

Measuring critical employee performance metrics offers organisations key benefits for attracting and retaining top talent while meeting operational imperatives. In the past, companies usually measured employee engagement by analysing turnover rates. The words vary based on what’s being measured.

Metrics 138

Metrics Assessment Software Staffing Software Objectives & Key Results 138

Pingboard

JULY 7, 2021

In this post, we’ll go over 20 HR metrics — qualitative and quantitative — that will deliver the clearest insights for your organization. . What Are HR Metrics? . As you’ll see, HR metrics include a wide range of core and non-core areas like: . Retention . Key HR Metrics: 3 Major Categories. Recruitment.

Metrics 52

Metrics Hiring Software HR Software HR Planning 52

15Five

JANUARY 29, 2024

However, without measuring employee engagement rates, you won’t understand the effectiveness of your HR strategies in improving retention and decreasing turnover. What is employee retention rate? Employee retention rate indicates how well a company is doing at retaining employees.

Retention and Turnover 198

Retention and Turnover HR Planning Onboarding Employee Recognition 198

Analytics in HR

FEBRUARY 28, 2024

In this article, we will explain what HR analytics is, its benefits, as well as how to get started and grow in your HR analytics capabilities. HR analytics, also referred to as people analytics or workforce analytics, involves gathering, analyzing, and reporting HR data. Example: Annual employee turnover rate.)

HR Planning 112

HR Planning Analytics HR Software Hiring Software 112

Hppy

OCTOBER 30, 2023

For HR Managers, Chief Talent Managers, and Chief Happiness Officers, employee engagement and retention are top-of-mind concerns. You’re already well aware that employee wellness programs are not just an HR trend but a business imperative. The State of Employee Disengagement and Turnover Gallup reports a mere 34% of U.S.

Retention and Turnover 113

Retention and Turnover Wellness HR Software Analytics 113

UKG

JUNE 4, 2021

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. Even as most industries are well on their way to recovery, the lessons learned from an unorthodox financial year continue to resonate.

Metrics 52

Metrics Hiring Software Staffing Software Onboarding Software 52

Bob

FEBRUARY 22, 2024

But making clear decisions about your talent management strategy is impossible without clear information—which is where talent management metrics come in. What are talent management metrics? Talent management metrics are a series of measures HR professionals use to track the effectiveness of a business’s talent management strategies.

Talent Management 95

Talent Management Metrics Hiring Software Recruiting Software 95

Abel HR

NOVEMBER 12, 2020

If you’ve been around for a while, you know that one of our favorite topics is the concept of employee retention. With these high stakes in mind, we’ve identified six innovative strategies just about any business can employ to improve retention among its ranks. which we know is directly tied to employee retention.

HR Software 52

HR Software Retention and Turnover How To Staffing Software 52

Analytics in HR

FEBRUARY 19, 2024

HR metrics provide a data-driven approach to managing human capital, offer insights into the effectiveness of HR practices, and ultimately predict the future. Let’s take a look at the commonly used HR metrics and how you can track and utilize them in your organization. Contents What are HR metrics?

Metrics 95

Metrics HR Software Hiring Software HR Planning 95

HR Lineup

JANUARY 12, 2024

The HR Scorecard is a powerful tool that allows organizations to align their HR strategies with overall business objectives, monitor key HR metrics , and drive continuous improvement. It is a visual representation of key HR metrics and indicators that help in assessing the impact of HR activities on organizational performance.

HR Software 76

HR Software Assessment Software Recruiting Software Planning Tools 76

Analytics in HR

OCTOBER 25, 2022

An annual HR report is a way to showcase to your stakeholders the value that HR brings to the business. An essential part of developing an impactful annual HR report is including the right metrics to clearly quantify how HR is impacting strategic goals and organizational performance. What is an annual HR report?

HR Planning 99

HR Planning Metrics Report HR Software 99

HR Digest

NOVEMBER 28, 2023

HR strategies for business growth focus on the hiring and retention of the right talent, but they can also involve active participation in key business decisions by bringing in a grounded angle to the discussion. Ensuring they have the resources to do their job well can ensure HR contributes to business growth in multiple, impactful ways.

HR Software 105

HR Software Hiring Software HR Planning Assessment Software 105

15Five

JANUARY 18, 2023

Though some regrettable turnover is inevitable and expected, when too many of those losses start stacking up, the entire employee experience can topple over like dominoes. The impact of employee turnover—particularly regrettable turnover—can be felt throughout a company, from dips in productivity to wounded team morale.

HR Planning 188

HR Planning Retention and Turnover Objectives & Key Results HR Software 188

Cornerstone On Demand

APRIL 5, 2017

According to LinkedIn's 2017 Global Recruiting Trends Report , "quality of hire" is the top recruiting metric that hiring managers care about—and for good reason. Quality of hire is also arguably the best metric to demonstrate the effectiveness of the recruiting department and its value as a strategic business function.

Metrics 352

Metrics Recruiting Software Hiring Software Retention and Turnover 352

EmployeeConnect

SEPTEMBER 6, 2023

HR plays a vital role in shaping the future of an organisation, and this is where the concept of HR governance reporting becomes instrumental. HR governance reporting or risk management reporting serves as a crucial instrument that empowers organisations to assess and oversee their performance effectively. What is Governance?

HR Software 130

HR Software Recruiting Software Onboarding Software Assessment Software 130

Semos Cloud

JULY 10, 2020

Employee Turnover Rate: How to Calculate it (& Tips for Improvement) . Employee turnover is costing companies money and resources. Find out why your employees quit and how to reduce your turnover rate. Many organizations today struggle with high employee turnover rates. What Is Employee Turnover .

Retention and Turnover 52

Retention and Turnover Employee Recognition Staffing Software HR Software 52

HR Digest

DECEMBER 2, 2023

Bureau of Labor Statistics reported that 50.6 With numbers as big as these and burnout at an all-time high, it becomes increasingly important to take employee retention strategies seriously and explore what they can do to connect with their employees. This is why employee retention strategies are important. million U.S.

Strategy 96

Strategy Retention and Turnover Planning Tools Onboarding Software 96

Bob

AUGUST 8, 2022

Employee attrition and retention are like peas in a pod—attrition is the peas, employee retention is the pod. When employee retention is low, you have a problem: Happiness is down, engagement is off, or maybe the economy is strong, and people are leaving for greener pastures. Attrition vs. retention. Company culture.

Metrics 148

Metrics Retention and Turnover Hiring Software HR Software 148

Primalogik

JUNE 15, 2023

HR metrics help organisations measure performance data and make sense of it. Through the right metrics, HR managers and leaders can learn how to better support employees and strengthen results. To observe trends, HR should measure the same metrics over time. But first, let’s take a broad look at what makes metrics so crucial.

Metrics 96

Metrics HR Planning HR Software Hiring Software 96

Linkedin Talent Blog

APRIL 8, 2024

According to LinkedIn’s 2024 Workplace Learning Report , companies with a strong learning culture have a 7% higher rate of promotions to management, 23% higher internal mobility rate, and 57% higher retention rate than those where learning is less robust. They can also point to other benefits, as well. A lot, it turns out.

Compliance Training 26

Compliance Training Hiring Software Retention and Turnover Staffing Software 26

Analytics in HR

JUNE 7, 2022

Let’s have a look at all you need to know about employee wellbeing metrics. Contents What are employee wellbeing metrics? Useful employee wellbeing metrics. What are employee wellbeing metrics? Financial wellbeing: Managing money well. Check out the employee wellbeing metrics in more detail below.

Metrics 130

Metrics Retention and Turnover Assessment Software Hiring Software 130

ClearCompany HRM

SEPTEMBER 21, 2022

Companies with high engagement scores report better outcomes , including increased customer loyalty, reduced employee turnover, and fewer safety incidents. According to McKinsey research, it’s all about the experience — employees are 16 times more engaged if they reported having a positive employee experience. “At

ClearCompany 420

ClearCompany Talent Experience Retention and Turnover Onboarding Software 420

Extensis

JULY 14, 2022

But with so many HR metrics available to measure, which are the most important? From turnover rate to revenue per employee, let’s explore the 14 most critical HR metrics for today’s SMBs. Here are 14 HR metrics that may prove to be valuable for smaller companies to track and analyze, and how to calculate them.

Metrics 98

Metrics HR Planning HR Software Hiring Software 98

Analytics in HR

MARCH 16, 2023

Talent acquisition Talent shortage research by ManpowerGroup has found that 3 out of every 4 (75%) companies report talent shortages and struggle to acquire the right people, with large companies struggling the most. Therefore, being able to recruit, develop, engage and retain the right people at scale should be a top priority.

HR Software 112

HR Software Strategy Hiring Software Recruiting Software 112

Analytics in HR

JULY 31, 2023

A well-crafted staffing plan: Minimizes labor costs Maximizes productivity Provides a competitive edge in the market Improves the quality of new hires Reduces turnover Drives career and skills development Fosters a more engaged and satisfied workforce. Hiring the right people for the right roles can’t be overstated.

Staffing Software 81

Staffing Software Staffing HR Planning Planning Tools 81

PCS

FEBRUARY 27, 2023

These are the talent management metrics that enable HR to monitor what they do and how well they do things. One is employee turnover which means the organization’s failure to retain top employees translates to non-achievement of its objectives. An effective strategy should address these points.

Employer Branding 52

Employer Branding HR Software Hiring Software Staffing Software 52