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The HR Scorecard: A Complete Guide

HR Lineup

Employee Turnover Rate: Reflects the organization’s ability to retain talent, and a high turnover rate may signal underlying issues in the workplace. Talent Management and Succession Planning: The HR Scorecard plays a pivotal role in talent management and succession planning.

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How HR Can Create a Comprehensive Talent Strategy

Analytics in HR

Talent strategy (often referred to as talent management strategy or talent acquisition strategy) is essential if organizations want to ensure they have the right talent in the right place to meet their long-term financial, marketing and operational goals and objectives. How to develop a talent strategy 1.

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3 Ways to Make Hourly and Seasonal Workers Feel Valued

Visier

Turnover, low engagement and lost productivity cost employers billions each year. This is felt most in fields like retail , hospitality and food service , where turnover rates among hourly employees range from 60% to 75% (compared to a more normal turnover rate of around 15%).

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3 Ways People Analytics Ends Employee Retention Guesswork

Visier

Hiring, vacancies and turnover are critical measures on both the state of the economy and the health of the organization. While most organizations will focus on improving their ability to hire, the savvy ones know that retaining talent is just as critical. For many organizations, voluntary turnover costs millions of dollars.

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Curbing Employee Turnover Contagion in the Workplace

Visier

Turnover Contagion: Tracing the Source. It’s also a lesson for HR leaders looking to treat a viral event of a different sort: turnover contagion. Turnover contagion happens when people quit their jobs simply because other people are talking about leaving, job searching, or actually jumping ship. Quitting is contagious.

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Workforce Analysis: HR’s Introduction and Guide

Analytics in HR

Workforce analysis takes a broader approach than people analytics by using both employee and ROI data to make informed recruitment, retention, and employee management decisions. In other words, you’re able to make effective adjustments to your talent management strategy. Improve company culture.

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A Guide To The 4 Types of HR Analytics

Analytics in HR

– Requires only basic math skills, and it allows you to present complex data in an easy-to-digest format – Limited to a simple analysis of a few variables after the fact. Turnover : Descriptive analytics could be used to analyze employee turnover rates to compare the annual turnover between two teams or two departments.

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