Analytics in HR

DECEMBER 5, 2024

This is relevant, especially in industries where continuous training is critical. Leverage people analytics and KPI dashboards: Apply analytics tools like Excel or your HRIS analytics capabilities to connect data points such as recruitment costs, employee satisfaction, and demographics for actionable insights.

HR Planning 98

HR Planning Examples HR Software Hiring Software 98

Bullhorn Blog

APRIL 18, 2024

In today’s fast-paced staffing industry, making the wrong hire can cost companies as much as $17,000, according to CareerBuilder. That’s because their data is often siloed across different staffing solutions and lacks proper recruitment analytics tools, making data inaccessible.

Bullhorn 72

Bullhorn Recruiting Software Staffing Software Hiring Software 72

Insperity

NOVEMBER 12, 2020

To determine future talent supply , some organizations make projections based on historical turnover numbers or industry benchmarks. Companies with more resources may use predictive people analytics to identify certain risks like turnover and retirement. Decide which roles are critical to current and future success.

Workforce Planning 113

Workforce Planning Staffing How To Retirement 113

Business Management Daily

MARCH 25, 2024

As baby boomers retire, there’s a notable gap in numbers to fill their roles, leading to a shortage that’s felt across various industries. Benchmarking sets the foundation for sustainable growth. By combining predictive analytics with generative AI and critical thinking skills, leadership can analyze risks and make effective decisions.

AI Recruiting 98

AI Recruiting Hiring Software Staffing Software Recruiting Software 98

Business Management Daily

MARCH 1, 2024

As baby boomers retire, there’s a notable gap in numbers to fill their roles, leading to a shortage that’s felt across various industries. Benchmarking sets the foundation for sustainable growth. By combining predictive analytics with generative AI and critical thinking skills, leadership can analyze risks and make effective decisions.

AI Recruiting 97

AI Recruiting Hiring Software Staffing Software Recruiting Software 97

HRExecutive

OCTOBER 21, 2024

Created with Claude) HR tech products and people in the news Global labor market analytics company Lightcast launched its real-time skill insights solution on the SAP Store. This partnership will give HR leaders data to support skills enrichment, benchmarking and custom skill profiles. Find out what else is on their mind.

Staffing Software 109

Staffing Software Hiring Software HR Software Assessment Software 109

Visier

NOVEMBER 7, 2017

Jac Fitz-enz — now celebrated as the father of modern HR — founded the Saratoga Institute , and developed the first international HR benchmarking service. In this first wave of benchmarking, HR was provided with static comparison data that was typically 24 months old. Enter HR Benchmarking 2.0: to “we need to act.”

Benchmarking 162

Benchmarking HR Software Visier Comparison 162

HR Lineup

DECEMBER 18, 2024

The flexibility of RPO models makes it appealing to companies across industries, but understanding the pricing models and how they align with your business needs is crucial to maximizing ROI. Advanced Tools : AI-powered analytics, predictive hiring models, and real-time reporting often come at an additional cost.

Hiring Software 62

Hiring Software AI Recruiting Recruiting Software Onboarding Software 62

Visier

JUNE 21, 2017

At this year’s Visier Outsmart (our annual user conference), we were fortunate to have two notable industry thought leaders take part: Tom Davenport, Big Data luminary and pioneer of the concept of “competing on analytics,” and Dr. John Sullivan, internationally renowned HR thought leader (and guest writer on the Visier blog ).

Analytics 305

Analytics HR Software Hiring Software Talent Acquisition 305

HR Bartender

FEBRUARY 8, 2022

Industry analyst firm Nelson Hall recently identified ADP as a leader in both the small and medium business as well as mid to large market segments. Organizations can use technology to access the right data and industry benchmarks. Estimated reading time: 4 minutes. Congrats to them! Enjoy the read.).

Compliance 340

Compliance HR Software ADP AI Recruiting 340

Empxtrack

JUNE 4, 2024

The paid time off rules vary based on company policies, industry norms, local legal requirements, and employment agreements. Bureau of Labor Statistics (BLS), full-time employees in private industry receive an average of 10 paid vacation days after one year of service. Are there industry standards for PTO accrual rates?

HR Software 99

HR Software Staffing Software Planning Tools How To 99

Analytics in HR

JULY 22, 2024

Benchmarking : Compare turnover rates with industry standards to assess whether your rate is above or below average. How to track : Separation data : Track the number of employees leaving the company within a specific period and calculate the turnover rate as a percentage of the total workforce.

Employee Relations 110

Employee Relations Metrics Hiring Software Onboarding Software 110

HiBob

SEPTEMBER 20, 2022

Using salary data from a reputable compensation benchmarking company that matches internal jobs with similar jobs in the market ensures that companies stay current and pay their people according to the market pay rate. Customized benchmarking datasets for HiBob customer needs. Announcing HiBob’s strategic alliance with Mercer.

Benchmarking 148

Benchmarking Compensation Planning Tools Recruiting Software 148

Edcor

OCTOBER 3, 2024

Edcor’s use of the Amazon Connect contact center platform and artificial intelligence speech analytics platform was featured in the Amazon Web Services (AWS) Marketplace vendor solution series for Contact Center Intelligence (CCI). This keeps our teams on their A-game. Think Edcor. Think Possible. Adrienne L.

AI Recruiting 52

AI Recruiting Staffing Software Recruiting Software Analytics 52

Bullhorn Blog

APRIL 18, 2024

In today’s fast-paced staffing industry, making the wrong hire can cost companies as much as $17,000, according to CareerBuilder. That’s because their data is often siloed across different staffing solutions and lacks proper recruitment analytics tools, making data inaccessible.

Bullhorn 52

Bullhorn Recruiting Software Staffing Software Hiring Software 52

Analytics in HR

FEBRUARY 12, 2024

In the Employ’s Quarterly Insight’s report , benchmark data indicates that one-third of the time spent hiring is on sourcing, regardless of how fast the hiring process is. Stay updated with the newest recruitment industry practices and technologies. They attend industry events and conferences. They use employee referrals.

Video Recruiting 106

Video Recruiting Recruiting Software Background screening Hiring Software 106

Visier

JUNE 22, 2018

Here’s how to use those four elements to help tell your analytics story. Communicate the right context—for instance, previously established goals, historical data, KPIs, or industry benchmarks—to your audience so they understand why the data is important. Plot: What are questions are you addressing?

Analytics 150

Analytics HR Software Visier Planning Tools 150

Visier

MARCH 2, 2017

Here’s how to use those four elements to help tell your analytics story. Communicate the right context—for instance, previously established goals, historical data, KPIs, or industry benchmarks—to your audience so they understand why the data is important. Plot: What are questions are you addressing?

Analytics 150

Analytics HR Software Visier Planning Tools 150

Analytics in HR

JULY 31, 2023

The importance of staffing planning With skills shortages impacting most industries worldwide, it’s worth noting that current employees can fill more than 60% of a company’s future roles. This might entail growth targets, productivity benchmarks, or specific project outcomes and address current and future staffing needs and challenges.

Staffing Software 94

Staffing Software Staffing HR Planning Planning Tools 94

Analytics in HR

FEBRUARY 6, 2024

Enjoy steady progress: Consistent goal setting and measurement of outcomes provide you with benchmarks to track progress, assess the effectiveness of your recruitment strategies , and tackle areas for improvement. The outcome? A more competitive and effective recruitment process. Don’t overlook emerging HR trends.

AI Recruiting 102

AI Recruiting Video Recruiting Recruiting Software Hiring Software 102

Analytics in HR

FEBRUARY 27, 2023

As such, chief talent officers must be proficient in analytics and data-driven decision-making to spot trends and develop a solution to some critical questions like what are the traits of successful leaders and how long it takes for new managers to be productive. HR professionals are good at collecting employee and candidate data.

Talent Experience 90

Talent Experience Hiring Software Staffing Software HR Planning 90

Analytics in HR

AUGUST 16, 2022

Let’s explore everything you need to know about talent acquisition analytics, the benefits, and how to get started on your journey. Contents What is talent acquisition analytics? Talent acquisition metrics Benefits of talent acquisition analytics How to make talent acquisition analytics work for you: 5 tips.

Talent Acquisition 125

Talent Acquisition Video Recruiting Analytics Hiring Software 125

Visier

JANUARY 28, 2018

And it is easily compared between firms in the same industry to demonstrate that your workforce is more productive than your competitor’s. The Benchmark Firm to Follow Is Google. Many Talent Acquisition leaders look for benchmark firms that can serve as a model that they can follow. million, Facebook $1.6 million and Google $1.3

Metrics 279

Metrics Talent Acquisition Recruiting Software Hiring Software 279

Reflektive

SEPTEMBER 15, 2020

Based on our 2020 Performance Management Benchmark Report , we identified interesting insights on how the tech industry has compared to financial services, health care, and other sectors. First, let’s start with the similarities between performance management in the tech industry versus other sectors.

Performance Management 130

Performance Management Industry Planning Tools HR Software 130

HRExecutive

OCTOBER 16, 2024

Benchmarking is a practice that enables organizations to create a data-driven foundation for decision-making, provides context around performance to help identify improvements and uncovers new practices for adoption across an enterprise.

Benchmarking 98

Benchmarking Compliance Training Training HR Software 98

Business Management Daily

NOVEMBER 7, 2024

As baby boomers retire, there’s a notable gap in numbers to fill their roles, leading to a shortage that’s felt across various industries. Benchmarking sets the foundation for sustainable growth. By combining predictive analytics with generative AI and critical thinking skills, leadership can analyze risks and make effective decisions.

AI Recruiting 52

AI Recruiting Hiring Software Staffing Software Recruiting Software 52

HRExecutive

OCTOBER 19, 2021

Advertisement Seventy-five percent of companies are using technology solutions for managing employee relations—an 11% increase from 2019—allowing them to create employee data repositories and gain better analytics capabilities. It’s crucial to drive strategy with data. Author Deb Muller.

Analytics 124

Analytics HR Software Data Harassment 124

EmployeeConnect

MARCH 6, 2024

Benchmarking against industry standards and adjusting offerings accordingly will help attract and retain top talent. Data-Driven Decision-Making: HR managers can leverage data analytics to identify patterns, trends, and potential areas for improvement in employee retention.

Retention and Turnover 264

Retention and Turnover HR Software Bonuses and Incentives Career Development 264

Business Management Daily

FEBRUARY 26, 2024

Employee retention rate Retention rates hit an all-time low in March 2020, and 87% of HR analytics experts consider retention a top priority. That means your job applicants call the shots, so you’ll have to cater to their needs if you want to recruit top talent in your industry consistently. The good news?

HR Planning 98

HR Planning HR Software Hiring Software Retention and Turnover 98

Analytics in HR

JULY 31, 2023

Industrial relations – Maintaining good relationships with labor unions and other collectives and their members help in detecting and resolving potential conflicts before it escalates, especially during challenging situations like layoffs. The structure and responsibilities depend on the company’s size, structure, and industry.

HR Planning 64

HR Planning Resources Hiring Software Onboarding Software 64

Business Management Daily

SEPTEMBER 7, 2023

If not, then consider adopting an HR analytics software program so you can start making data-driven decisions. HR analytics solutions can provide actionable insights into your employee experience, such as the effectiveness of your onboarding process. What can HR analytics software do? Is the investment really worth it?

HR Software 105

HR Software Hiring Software Onboarding Software Recruiting Software 105

Contact Monkey - HR

AUGUST 14, 2024

Have you ever found yourself lost in a sea of employee engagement benchmark data, trying to decode the numbers?? If analyzing your employee engagement benchmark data has you stumped, read on for shortcuts and how-tos for better understanding your employee data. Let’s get started on this journey towards a more engaged workforce.

Benchmarking 59

Benchmarking Employee Engagement Onboarding Software Hiring Software 59

Cornerstone On Demand

OCTOBER 16, 2017

This year's sessions covered a spectrum of topics, including AI, chatbots, SaaS, The Cloud, social, mobile, analytics, video, gamification and more. Using technology like AI , Machine Learning and predictive analytics can enhance employee engagement, streamline recruiting and improve strategies.

HR Software 194

HR Software Recruiting Software AI Recruiting Video Recruiting 194

Visier

MARCH 8, 2021

In a recent report we released on the female leadership ratio , we showed how our customers have improved their representation of women in the successor pool for leadership roles beyond McKinsey’s benchmark range. Clearly, our customers are making real, meaningful progress through the use of people analytics.

Visier 195

Visier Report Analytics Diversity 195

Visier

MARCH 18, 2020

As more data becomes available, Visier will work with organizations, government bodies, and the World Health Organization to share all relevant data trends and analysis from Visier benchmark data. Please continue to share your feedback as we help customers make the best data-driven decisions for everyone’s well-being.

Visier 199

Visier Onboarding Software Planning Tools Analysis 199

Analytics in HR

DECEMBER 8, 2023

To conduct a simple analysis, set an internal pay benchmark and group people into categories of overpaid and underpaid. Use data and analytics: A report by the CIPD and Omni found that less than half of employers use data to identify skills gaps in their workforce, and just 13% measure the ROI of their recruitment efforts.

Workforce Planning 92

Workforce Planning Planning Tools Hiring Software Assessment Software 92

PoliteMail

JULY 2, 2024

Benchmarking plays a crucial role in business, whether it involves internal assessments or comparisons with industry standards. This is why benchmarking is so important in business — both internally and externally. Marketing and sales teams can likely tell you how many leads they produce per month.

Benchmarking 52

Benchmarking Assessment Software Planning Tools Comparison 52