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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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8 Benefits of Using People Analytics

Visier

But instead of analytics, many organizations rely on the kind of one-dimensional workforce metrics that do very little to deliver true insight into the root causes of problems. Many common HR metrics do not provide strategic value to the business. Performance turnover in key jobs. Employee retention. HR effectiveness.

Analytics 203
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What is HR Analytics? All You Need to Know to Get Started

Analytics in HR

Importance of HR analytics HR analytics examples Key HR metrics Data analytics in HR: How to get started How to transition from descriptive to predictive and prescriptive analytics in HR HR analytics certification FAQ What is HR analytics? In other words, HR analytics is a data-driven approach to Human Resources Management.

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How Does Turnover Impact Your Organization’s Bottom Line?

Visier

Employee turnover is a critical challenge that almost all HR managers stress over. Turnover rate is a typical measurement that many organizations use as a scorecard for HR. However, the true cost of turnover can’t be analyzed by simply knowing your attrition rate and whether or not it has increased or decreased.

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Making Talent Acquisition’s Job Easier with Analytics Lessons from Global Brands

Visier

As the latest Job Openings and Labor Turnover Survey shows, there continue to be more job openings than hires. To find the best talent, companies must look internally to adjust their talent strategies, rethink jobs and align the employee journey with business priorities. This is where talent acquisition analytics comes in.

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The Top 10 Strategic HR and TA Metrics That CEOs Want to See

Visier

Unfortunately, most of those who create metrics in HR and recruiting don’t really understand the strategic mindset of CEOs. And, as a result, the metrics that are reported to CEOs and the executive committee result in no positive action being taken. In fact, one survey even found that only 12 percent of CEOs had faith in our metrics.

Metrics 225
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People Analytics Lessons for Financial Services Leaders

Visier

If HR can deliver competitive advantage through data-driven talent management, bring it on! Using my empirical labor econometrics training and consulting experience, I was able to identify opportunities to manage costs, reduce risk, and improve the firm’s reputation in the talent market. Futureproofing.

Analytics 285