Visier

SEPTEMBER 30, 2016

With voluntary resignations at an all-time high and unemployment rates historically low, employee retention is a key objective for most HR organizations, and employee turnover is the single most prevalent HR metric. However, knowing your turnover rate does little to support strategic business plans.

Analytics 150

Analytics HR Software Retention and Turnover Hiring Software 150

Visier

DECEMBER 14, 2017

With voluntary resignations at an all-time high and unemployment rates historically low, employee retention is a key objective for most HR organizations, and employee turnover is the single most prevalent HR metric. Why should HR make employee retention a priority? How To Reduce Employee Turnover with HR Analytics.

Analytics 150

Analytics HR Software Retention and Turnover Hiring Software 150

Visier

APRIL 21, 2016

Specifically, this initiative is not just about understanding data-driven HR and the usual metrics, but specifically how HR can connect what it’s doing to business outcomes. In 2016, 51 percent of companies are now correlating business impact to HR programs, up from 38 percent in 2015. Churn/Retention. Adding Data into the Mix.

HR Software 150

HR Software Hiring Software HR Planning Data 150

Visier

JULY 14, 2016

90% of technology CEOs are confident about their revenue growth in 2016 , according to PWC’s 19th Annual Global CEO Survey. There are a few areas where technology companies commonly struggle to improve when it comes to their people: Recruitment, Workforce Diversity, Retention, and Strategic Workforce Planning.

Hiring Software 150

Hiring Software HR Software Recruiting Software Planning Tools 150

Visier

JULY 18, 2017

Additionally, it can also lead to lower employee engagement and increased turnover. Unfortunately, while an LMS is fairly good “at providing metrics such as learner satisfaction, enrollments, cost of training, and learner demographics, few are able to capture data that is useful outside of the L&D function.”

HR Software 172

HR Software Analytics Compliance Training Assessment Software 172

China Gorman

JANUARY 12, 2016

In November I wrote about Linkedin’s 2016 Global Recruiting Trends Report (you can re-read it here ) and took them to task about their methodology. The infographic, found in Linkedin’s Talent Blog, 4 Recruiting Trends to Watch in 2016 , boils the report down to 4 key points – and they are good ones: Quality of Hire is the magic metric.

Metrics 68

Metrics Retention and Turnover Hiring Hiring Software 68

Visier

MAY 26, 2016

Companies with stronger HR programs, outperform on financial metrics. Case in point: Banks with lower employee turnover retain more customers. To be clear, this is not just about being more data-driven or focusing on the usual metrics, but understanding how HR can better connect what it does to the business.

HR Software 150

HR Software Hiring Software Planning Tools Recruiting Software 150

Visier

NOVEMBER 12, 2015

Many companies are already setting lofty goals as a result of the call to action: For 2016, Pinterest aims to fill 30% of full-time engineering roles with women and 8% with people of underrepresented ethnic backgrounds. Here are a few demographic metrics you should be monitoring: 1. Metric to watch: Diversity of interviewed candidates.

Diversity 150

Diversity Hiring Software HR Software Recruiting Software 150

Reflektive

JUNE 28, 2018

Frehse pointed to a 2016 survey of CFOs in which 63% of respondents said that measuring employee engagement is not a priority for their companies. That could be due to the fact that 71% of CFOs said they believe that employee engagement metrics lack financial credibility. Click To Tweet. Click To Tweet. totaling $54.67

Performance Management 133

Performance Management CHRO HR Software Recruiting Software 133

Linkedin Talent Blog

JUNE 17, 2019

With the cost of replacing an employee sitting anywhere between 30 and 400% of that person’s annual salary, there’s obviously a strong financial case for investing in retention — not to mention the benefits of preserving institutional knowledge and protecting morale. Last year, job attrition in the U.S.

Data 55

Data Retention and Turnover Planning Tools AI Recruiting 55

DailyPay

FEBRUARY 7, 2019

The following article is another in our series that examines average employee turnover rates by industry. In this article, we hold the retail industry under a microscope to see what might be affecting employee turnover and retention rates, and why employees in this industry are some fleeting. Turnover Rates by Profile.

Retention and Turnover 52

Retention and Turnover Hiring Software Compliance Training Recruiting Software 52

HSD Metrics

MAY 17, 2018

Data-driven Insights for Employee Retention. ExitRight ® recently updated its ExitRight norms based upon responses to benchmarked questions from all clients during 2016 and 2017. In our most recent norm analysis, we found interesting results by industry—and for employee turnover as a whole—that we’d like to share.

Retention and Turnover 40

Retention and Turnover Metrics Benchmarking Interview Software 40

HSD Metrics

MAY 17, 2018

Data-driven Insights for Employee Retention. ExitRight ® recently updated its ExitRight norms based upon responses to benchmarked questions from all clients during 2016 and 2017. In our most recent norm analysis, we found interesting results by industry—and for employee turnover as a whole—that we’d like to share.

Retention and Turnover 40

Retention and Turnover Metrics Benchmarking Interview Software 40

Achievers

JULY 25, 2019

Hospital turnover rates continue to increase, from 16.2 percent in 2016 to 19.1 It’s clear that the healthcare industry needs to make employee engagement a top priority in order to improve employee performance and retention. percent in 2018. 44 percent of nurses worry their patient care will suffer because they’re so tired.

Industry 157

Industry Employee Recognition Case Study Employee Engagement 157

Terryberry

JUNE 13, 2022

Research has shown just how important peer recognition is in increasing employee engagement , decreasing employee turnover, and creating a healthy workplace where individuals thrive. . 68% of HR representatives say that employee recognition positively impacts employee retention. Replacing employees is expensive. Follow the data.

Retention and Turnover 98

Retention and Turnover HR Software Employee Recognition Planning Tools 98

HSD Metrics

APRIL 23, 2018

Why Conduct On-Line Retention Surveys. Many employers face high employee turnover rates, and the results are costly. According to a 2016 Deloitte Millennial Survey, 66% of millennials expect to leave their company by 2020, and 25% expect to leave within a year. Purpose of Retention or Stay Surveys.

Interview Software 40

Interview Software Survey Retention and Turnover Hiring Software 40

HSD Metrics

APRIL 23, 2018

Why Conduct On-Line Retention Surveys. Many employers face high employee turnover rates, and the results are costly. According to a 2016 Deloitte Millennial Survey, 66% of millennials expect to leave their company by 2020, and 25% expect to leave within a year. Purpose of Retention or Stay Surveys.

Interview Software 40

Interview Software Survey Retention and Turnover Hiring Software 40

UpstartHR

AUGUST 22, 2016

Because child care benefits are an important recruitment and retention driver for working parents, one-quarter of organizations (26%) allowed employees to bring their children to work in a child care emergency. Source: 2016 SHRM Benefits Study The use of company child care centers is dropping.

Retention and Turnover 100

Retention and Turnover Case Study Data Study 100

HRExecutive

DECEMBER 28, 2015

Below are two trends I’ve excerpted from a new White Paper I co-authored entitled “ HR Technology Trends to Watch in 2016.” Personalized Engagement and Retention Plans. The paper contains nine such trends that are poised to pick up considerable steam. Technology-Enabled Talent-Management Science.

HR Software 48

HR Software Trends Planning Tools Compliance Training 48

6Q

MAY 14, 2021

According to a 2016 Deloitte report, only 28% of executives said they understood the workplace culture at their own businesses. I’d start by making a business case based on three key areas a healthy employee culture positively affects an organisation: productivity, hiring & retention, and ultimately, the bottom line.

Retention and Turnover 94

Retention and Turnover Compliance Training Hiring Software Interview Software 94

Analytics in HR

MARCH 16, 2021

Contents Working with dates Working with pivot tables Formatting tables Common human resources formulas and metrics. Suppose we needed a list of people hired between January 1, 2016 and December 31, 2018. Common human resources formulas and metrics. Tenure and turnover. Talent acquisition metrics.

Resources 138

Resources Hiring Software HR Software Recruiting Software 138

Analytics in HR

OCTOBER 11, 2024

You could highlight your experience in those areas by including a line like: “Led initiatives that improved employee engagement by 15% and utilized data analytics to optimize retention strategies.” In my previous role, I conceived and executed a new onboarding process that reduced our new hire turnover rate by 5%.

HR Planning 98

HR Planning HR Software Examples Hiring Software 98

Stratus

APRIL 28, 2022

While turnover is expensive for all employers, losing even just one employee is particularly costly to small businesses who have fewer workers already. You can diagnose a manager problem by tracking your turnover metrics and determining if a specific department has a high turnover rate, or perhaps through exit or stay interviews.

Applicant Tracking Systems 75

Applicant Tracking Systems Assessment Software Hiring Software Interview Software 75

ClearCompany HRM

AUGUST 23, 2018

The latest and greatest #economic trends impacting the #workforce explained: According to the June Job Openings and Labor Turnover Survey , there were just shy of 6.7 What to do: If you want to solve the skills gap for your company specifically, start investing in training, goal-setting , performance metrics and learning. hours to 40.9

Trends 256

Trends Talent Experience Wage and Hour Training Hiring Software 256

Fond

JANUARY 28, 2020

It reduces turnover . Perhaps you’ve had a lot of turnover and you want to implement an incentive program to improve retention. As you can tell from this OfficeVibe review , it is also important to use data analytics and other metrics to track how engaged your employees are. It lowers stress. It increases productivity.

Hiring Software 104

Hiring Software Onboarding Software Assessment Software Interview Software 104

TalentCircles

JULY 27, 2016

When asked what single metric is most valuable in tracking their recruiting team’s performance, talent leaders say that quality of hire is what matters most. This is according to LinkedIn’s Global Recruiting Trends 2016 report.

Talent Experience 40

Talent Experience Hiring Retention and Turnover Metrics 40

Porpoise

JULY 23, 2018

We use financial statements to measure financial performance, we measure turnover, we measure social media impressions, click through rates, attendance rates, customer retention and the list goes on. When you compare your giving metrics to your financial performance metrics it can yield some fantastic results.

Retention and Turnover 40

Retention and Turnover Metrics Time and Attendance Benchmarking 40

Porpoise

APRIL 24, 2018

We use financial statements to measure financial performance, we measure turnover, we measure social media impressions, click through rates, attendance rates, customer retention and the list goes on. When you compare your giving metrics to your financial performance metrics it can yield some fantastic results.

Retention and Turnover 40

Retention and Turnover Metrics Time and Attendance Benchmarking 40

Precheck

DECEMBER 27, 2017

The healthcare industry, unfortunately, does not fair as well as other industries in employee retention rates. However, there are a few ways you can improve retention at your organization and overcome these challenges. Experts suggest leadership needs to become more involved in improving this metric. Improve Employee Wellness.

HR Planning 50

HR Planning HR Software Retention and Turnover Planning Tools 50

EngagementMultiplier

MAY 11, 2017

Highly engaged business units achieve a 10% increase in customer metrics and a 20% increase in sales.” – p. On Retention. Employees who are engaged are more likely to stay with their organization, reducing overall turnover and the costs associated with it. On Performance. Engagement isn’t just good to have, it’s good business.

Employee Engagement 40

Employee Engagement Report Retention and Turnover Hiring Software 40

Payactiv

JUNE 23, 2021

Turnover is costing you exorbitant amounts of money every year and HR departments have been fighting it for decades. The numbers continue to inflate, the need to differentiate yourself from competitors is more important every year, and the cost associated with turnover can debilitate or even cripple a company. Healthcare. Senior Care.

Hiring Software 59

Hiring Software Staffing Software Onboarding Software Planning Tools 59

cipHR

MARCH 27, 2018

But every employer is at a different point in their data journey; some we work with have very little or even no people data to draw on at all, while others use a balanced scorecard to identify their financial, internal, customer, learning and growth metrics. days per case in 2016-7. days respectively.

Data 40

Data Retention and Turnover Harassment Employee Relations 40

Bonusly

MARCH 22, 2017

A 2016 survey of over 1,000 employees showed 30 percent would rather be recognized in a company-wide email from an executive than receive a bonus of $500. Turnover costs add up quickly : lost knowledge, lower productivity, overworked remaining staff, recruitment and training… it can cost you twice the salary of each employee who leaves.

Employee Recognition 63

Employee Recognition Retention and Turnover How To Interview Software 63

Terryberry

OCTOBER 16, 2023

A healthy, satisfied, and engaged workforce tends to be more productive, innovative, and less likely to experience burnout, turnover, or absenteeism. Increased Employee Retention People want to work at companies that value them as whole people, rather than just workers. In a disconcerting revelation, the U.S.

Recruiting Software 52

Recruiting Software Campus SaVE Assessment Software Planning Tools 52

Limeade

JULY 14, 2017

In 2016, monthly Compass activation doubled and the number of unique users from January to June of 2016 exceeded the entire year prior. Brinker leads the industry in employee retention and helping team members advance within the company. We’re striving to draw lines between engagement and business metrics.

Wellness 45

Wellness Assessment Software Retention and Turnover Planning Tools 45

Vantage Circle

DECEMBER 19, 2022

A strong company culture can improve employee retention, boost morale, and increase productivity. According to a study of about 34 million online employee profiles, “a toxic corporate culture is by far the strongest predictor of industry-adjusted attrition and ten times more important than compensation in predicting turnover.”

Hiring Software 74

Hiring Software Company HR Software Interview Software 74

Paycor

MARCH 22, 2018

According to Bersin by Deloitte Research, in 2016, companies experienced a massive 120 percent increase in correlating their people data to business performance. thirds of respondents collect HR metrics (69%), which is good news. What impact employee turnover is having on productivity. How they can manage labor expenses.

Data 40

Data HR Planning Planning Tools HR Software 40