Analytics in HR

MAY 29, 2024

It’s a handy reference to refer to the next time you encounter an unfamiliar term. Compa ratio Compa ratio , also known as a comparative ratio, is a metric that compares an individual’s or group’s salary to the midpoint of a defined salary range. This article unpacks 93 HR terms, including a usage example for each.

COMPAS 99

COMPAS HR Software HR Planning Hiring Software 99

Analytics in HR

OCTOBER 1, 2024

Workforce management metrics are critical for understanding and optimizing how businesses manage their employees, yet many struggle to use them effectively. This can hinder decision-making, as many companies (43%) only use ad-hoc reporting or none at all, limiting their ability to respond quickly to workforce changes.

Metrics 52

Metrics Retention and Turnover Hiring Software Staffing Software 52

Analytics in HR

JULY 26, 2022

Headcount planning refers to creating plans to ensure that your organization has the right number of people with the right skills to meet organizational needs in short- and long-term. Here are some of them: Essential for financial planning & analysis. Contents What is headcount planning? Headcount planning best practices.

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HR Planning Planning Tools HR Software Hiring Software 143

HR Lineup

OCTOBER 2, 2024

It provides a comprehensive view of the number of employees within a company, segmented by various categories such as department, job function, location, and employment status. Demographic Information: Data on employee age, gender, tenure, and other attributes.

Staffing Software 88

Staffing Software Hiring Software Report AI Recruiting 88

Analytics in HR

NOVEMBER 2, 2022

This method is also referred to as people analytics, talent analytics, or workforce analytics. If you would like to find out about the benefits of HR analytics for the business then check out the AIHR articles on 18 Benefits of HR Analytics For Your Business [With Examples]. The 4 types of HR analytics explained.

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Analytics HR Planning HR Software AI Recruiting 138

Engagedly

DECEMBER 7, 2024

This is where workforce analysis comes in. By leveraging workforce analysis, you gain a clear roadmap to build a more productive, engaged, and resilient team. This guide will show you how to use workforce analysis to drive real results. What is Staffing Analysis? Identify reasons for low engagement or productivity dips.

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Staffing Software Hiring Software Assessment Software Analysis 52

PeopleStrategy

NOVEMBER 7, 2023

Starting now not only means you keep the company compliant and in good standing, but gives you a head start on work for the new year. It might not be an exhaustive list for your company, but will give you a great starting point. There are more areas that can help your department and company overall in the new year.

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Hiring Software Retention and Turnover Recruiting Software Payroll 130

Visier

SEPTEMBER 29, 2020

These generic activities tick the box to show action and investment, but increasing amounts of research show these don’t actually bring any meaningful change. Trend breakdown of Hispanic female managers that started together and how many remain at the company over time. How to do D&I-focused time-based cohort analysis.

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Analysis Visier Diversity Analytics 422

Analytics in HR

MARCH 16, 2023

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.

AI Recruiting 140

AI Recruiting HR Software Strategy Hiring Software 140

Vantage Circle

MAY 29, 2024

This blog provides a comparative overview of the top 10 ATS software for small businesses, helping you make an informed decision. Candidate Screening : Facilitating screening processes through customizable filters and criteria to identify top candidates. What is an Applicant Tracking System?

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Hiring Software Applicant Tracking Systems HR Software Recruiting Software 97

Analytics in HR

MAY 15, 2023

HR Coordinator Job description The HR Coordinator may manage the entire employee lifecycle in small to medium-sized companies. To succeed, they need to have data analysis skills and proficiency with MS Excel. Companies will also look at those with economics, statistics, or analytics backgrounds.

HR Planning 144

HR Planning HR Software Resources Hiring Software 144

HiBob

DECEMBER 11, 2024

With advanced AI-driven insights, Bob helps HR leaders make data-informed decisions that enhance productivity and alignment across the organization. Navigating HR tasks in a distributed workforce can be challenging, especially when people need quick access to forms or information from remote HR teams.

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HR Software Hiring Software Staffing Software Planning Tools 78

Analytics in HR

DECEMBER 18, 2023

It serves as a guide for HR activities, ensuring they contribute effectively to the company’s growth and adapt to changing business environments. HR objectives and key results (OKRs) : List the plan’s objectives and the metrics for measuring progress. You can conduct a SWOT analysis to walk you through this process.

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Planning Tools HR Software Assessment Software Staffing Software 111

Analytics in HR

SEPTEMBER 7, 2023

Whether you’re a student interested in HR or a professional looking to transition, this article will guide you with the information needed to be a successful human resource professional. HR responsibilities Recruitment: HR works with hiring managers to hire the most qualified candidates for the company’s open positions.

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HR Planning Hiring Software Resources Background screening 119

Replicon

MAY 22, 2024

So, check out this exclusive list of the best employee scheduling software with details on the features and pros & cons, which can help you choose the solution that best suits your establishment’s needs while staying within your budget. per user per month Premium: $6 per user per month Ratings G2: 4.6/5 5 Capterra: 4.6/5

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HR Software Staffing Software Planning Tools Hiring Software 141

Analytics in HR

DECEMBER 8, 2023

As explored in our HR Metrics & Dashboarding Certificate Program , the goal of strategic workforce planning is to have a workforce with the right size, shape, cost, and agility. Conversely, a workforce that is too small means that the company isn’t producing what it potentially could produce. It also involves succession management.

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Workforce Planning Planning Tools Hiring Software Assessment Software 98

Business Management Daily

NOVEMBER 11, 2024

This is similar to human resource management (HRM), but HCM usually refers to the strategy, analysis, and planning elements of HR, while HRM incorporates more of the administrative HR functions. As such, the HR team would need clear direction on your company’s overall strategic plan to engage in their own HCM planning.

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Human Capital Management Hiring Software Onboarding Software Planning Tools 52

Visier

JANUARY 28, 2018

It’s also important to understand that you can’t impress a CEO with a large volume of tactical recruiting metrics. Instead, you must focus on metrics that demonstrate a direct impact on what CEO’s really care about, the firm’s strategic goals. The Metrics That Reveal the Highest Business Impacts from Talent Acquisition Actions.

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Metrics Talent Acquisition Recruiting Software Hiring Software 279

HR Digest

NOVEMBER 28, 2023

We are slowly witnessing the resurgence of Human Resource Management, with companies actively investigating how HR teams can contribute to business growth. for companies with smaller organizations having a higher 3.40 Companies need employees to run their business and these individuals are hired by HR.

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HR Software Hiring Software HR Planning Assessment Software 105

HR Bartender

MAY 2, 2017

Workify is a technology-enabled service that helps companies measure and trend employee engagement over time through continuous feedback loops. I still believe part of the reason companies are struggling with engagement is they are having a hard time defining what engagement looks like and, as such, managers can’t identify or measure it.

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Employee Engagement Hiring Software HR Software Assessment Software 353

HR Bartender

FEBRUARY 8, 2022

Compliance costs are often accepted as a cost of doing business without undergoing a lot of scrutiny unless or until a major compliance failure, or a series of smaller non-compliance issues, occur that puts the company at serious financial or reputational risk. This is true regardless of the type of HR-related risks we’re talking about.

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Compliance HR Software ADP AI Recruiting 340

Careerminds

NOVEMBER 27, 2024

Let’s start by defining what that means in the context of companies like yours. Perform an Environmental Analysis The first stage involves examining all of the internal and external factors that are impacting your business. This environmental analysis (sometimes called environmental scanning) is pretty broad. Download 1.

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Workforce Planning Planning Tools HR Planning Hiring Software 52

Empxtrack

JUNE 4, 2024

The paid time off rules vary based on company policies, industry norms, local legal requirements, and employment agreements. Some companies encourage employees to take periodic time off to reduce burnout and stress, and ensure work life balance. Such companies have higher productivity and employee satisfaction.

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HR Software Staffing Software Planning Tools How To 100

Peoplebox

SEPTEMBER 30, 2024

Hiring shapes your company’s future. A talent acquisition strategy represents an organization’s tailored approach to identify, evaluate, and hire the most qualified candidates to accomplish the company’s long-term objectives. Enhanced work culture: Having world-class talent on staff improves company culture.

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Talent Acquisition Hiring Software AI Recruiting Video Recruiting 52

Analytics in HR

JUNE 19, 2023

With talent planning, HR uses forecasting to plan the need for talent in the future by analyzing workplace data to help identify any knowledge gaps, assess the pool of existing talent, and check how the business will likely expand in the long term. Workforce analysis One of the most crucial aspects of talent planning is workforce analysis.

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Planning Tools Talent Experience Hiring Software Recruiting Software 105

Insperity

OCTOBER 8, 2024

In fact, your company’s strategic HR expertise is nothing less than critical in facilitating business growth and helping to avoid common pitfalls and challenges that can plague organizations trying to scale. Tactical HR refers to routine, day-to-day administrative tasks, such as processing employee paperwork and handling payroll.)

HR Planning 78

HR Planning HR Software Hiring Software Staffing Software 78

Analytics in HR

OCTOBER 10, 2023

24% of Human Resources Directors work in Fortune 500 companies, and 12% in healthcare organizations. Workforce planning : Analyzing and forecasting staffing supply and demand to ensure the company always has the right person for the role.

HR Planning 111

HR Planning Resources Hiring Software Compliance Training 111

Trusaic

FEBRUARY 14, 2022

Simply put, a pay gap refers to a difference in compensation between two classes of individuals: a reference class, which is a member of the highest-paid group, and an individual from a group compensated less. After conducting the analysis, X Corporation discovers a pay gap between men and women in the tech department of $1 million.

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Analysis Compensation Discrimination Talent Experience 246

HR Brew

MARCH 25, 2024

Even as women make representation gains in the highest echelons of corporate America, the wage gap in the C-suite is not so different from the US overall, according to a recent analysis published by financial services firm Morningstar. Her research draws on Morningstar data, and looks specifically at S&P 500 companies.

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Ascender CHRO Oracle Analysis 321

Analytics in HR

OCTOBER 12, 2022

Headcount planning and analysis help HR professionals to assess the current and future headcount needs within the budgetary needs of the organization. However, some common mistakes can occur when conducting a headcount analysis. Contents What is a headcount analysis? What is a headcount analysis?

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Analysis HR Software Hiring Software Planning Tools 145

Achievers

JUNE 10, 2020

Meijer is able to effectively engage and motivate their workforce of 70,000 team members and strengthen key business metrics through the power of recognition. With a majority of our population in the stores and offline, without access to a computer, [mobile recognition] has…really helped to drive a culture of recognition at our company.”

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Metrics Employer Branding Employee Engagement Case Study 199

Business Management Daily

NOVEMBER 20, 2024

This involves adjusting your company structure and allocating your workforce to support your current strategic plan and improve efficiency to support business growth. Find out how rightsizing could benefit your company, and explore critical strategies and examples to help you begin your rightsizing journey.

Staffing Software 52

Staffing Software Hiring Software Planning Tools HR Planning 52

15Five

APRIL 16, 2024

However, onboarding the wrong software can result in wasted resources and a minimal impact on key engagement metrics such as retention, absenteeism, and turnover. Medium-sized companies (50-500 employees): A scalable performance management solution that can adapt to growing HR demands and usage.

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Onboarding Software Assessment Software HR Software Planning Tools 246

Visier

FEBRUARY 4, 2022

In response, people are deciding to support companies whose values most closely resemble their own, specifically in regards to diversity and sustainability. Along with that, consumers are demanding more accountability from CEOs concerning the lasting impacts of the companies they lead. If companies and leaders ignore the call?

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Sexual Harassment Visier Harassment Hiring Software 308

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? Proving the impact of wellbeing in the workplace is possible with employee wellbeing metrics.

Metrics 144

Metrics Retention and Turnover Assessment Software Hiring Software 144

HR Bartender

FEBRUARY 18, 2020

Some companies might be experiencing a slump in sales. And I’ve always worked for companies that placed a lot of value on knowing the numbers. 2) participate in three eLearning modules on metrics, foundational data, and data analysis. Common HR metrics include cost per hire , time to fill, and turnover rate.

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Analytics HR Software Interview Software Assessment Software 241

HR Digest

MAY 15, 2024

In this comprehensive guide, we will delve into the intricacies of what training needs analysis is, and explore its various components, best practices, and the step-by-step approach to implementing it effectively. If you ever encounter the question of “What is training need analysis?”

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Compliance Training Analysis Assessment Software Interview Software 132