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

Analytics in HR

HR analytics originates from data housed within Human Resources and is aimed at optimizing HR functions. People analytics expands beyond HR to incorporate data from other sources within the organization, such as marketing, finance, and customer statistics, to address a wider scope of business issues.

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8 Benefits of Using People Analytics

Visier

With people analytics, you can capture your CEO’s attention by digging deeper into strategic HR metrics such as: Revenue per employee. Performance turnover in key jobs. HR effectiveness. Employee retention. Mitigating turnover is one of the most effective applications of people analytics. New hire failure rate.

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A Guide To The 4 Types of HR Analytics

Analytics in HR

The first type of HR analytics on the list is descriptive analytics. It is known as decision analytics, and uses statistical analysis techniques to explain or summarize a particular set of historical, raw data. Descriptive analytics advantages Descriptive analytics disadvantages – The simplest form of data analysis.

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Leveraging People Analytics for Greater Employee Retention

Acendre

It’s no secret that employee retention has skyrocketed to the top of the HR agenda across industries. But what is the best way to go about creating a solid retention strategy? Well, a whopping 82% of organizations (according to SHRM Research) now embrace people analytics to tackle the turnover challenge.

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HR Reports: The Journey and the Aftermath!

Keka HR Blog

HR reporting provides a way to gather and analyze HR data, allowing organizations to track key performance indicators (KPIs) such as employee turnover rates, time-to-hire and diversity metrics. In fact, organizations that make use of HR reporting are more likely to be successful in achieving their business goals.

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Unleashing the Power of HR Analytics

ExactHire

Human Resources (HR) is no exception to this trend. HR Analytics is a field that combines data analysis, technology, and HR practices. It has emerged as a pivotal aspect of strategic HR management. In this blog, we will delve into how HR Analytics can transform your company’s human resources function.

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