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What does high turnover mean? Turnover rates, jobs, and causes

Digital HR Tech

High turnover can be both a good and a bad thing. When it comes to sales value, for instance, you want your turnover to go through the roof. When it comes to your employees, however, high turnover is something you want to avoid. But the impact of high employee turnover goes beyond operational inconveniences. A definition.

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Prepare Your Questions For #HRTechWorld and #HRTechConf

In Full Bloom HR

It’s HR technology conference season, and we’d better get our act together if we’re going to get the maximum value from our time spent at these conferences. That’s why I published the original take of this post on 9-12-2011 , just in time for the 2011 HR Technology Conference, and I’ve been doing almost annual updates ever since.

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Measure Quality of Hire With These Three Critical Factors

Visier

According to LinkedIn’s 2018 Global Recruiting Trends report , 56% of recruiters use talent acquisition data to increase employee retention. . Employee retention is a key measure for quality hire , but it’s only one of three factors that you should be monitoring. Stay: How long did the hire stay at the organization?

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Top 4 Best Practices of Financial Reporting

Professional Alternatives

However, companies need to spend resources on information technology, innovation, product development, as well as other future investments and these should definitely not be referred to as assets but as expenses in calculation of profits. This current financial reporting system needs to be revisited. .

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5 Tips for Improving Workforce Scheduling

Homebase

Without a solid plan and a few helpful tools, crafting that schedule may be a challenge. For retail managers creating a schedule, it’s important to ensure that stockers, merchandisers, and associates are all staffed appropriately for business. This requires scheduling shifts of workers throughout the day.

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How Big Data is Changing the Recruiting Game

Cornerstone On Demand

Big data — and its potential to help companies predict which employees are likely to flourish or flail, whether as new hires or future leaders — is all the rage among HR departments today. Xerox estimates it spends $5,000 to train every new call-center rep. The analysis, of course, is easier said than done.

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Measure Quality of Hire With These Three Critical Factors

Visier

One of the most valuable performance metrics for recruitment is the quality of each hire made. However, most talent leaders believe they aren’t measuring quality of hire effectively. It was only when post-hire data was analyzed that quality of hire could be more accurately assessed.