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The 21 metrics you need for Strategic Workforce Development

Analytics in HR

In this article, we will explore the key metrics that you need to prepare your organization for the future. For this article, I want to zoom in on the data and metrics that are useful to create in the Strategic Workforce Development process and why. This is where strategic workforce planning, or development, comes in.

Metrics 127
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How To Set Your Recruitment Goals In 2024

Analytics in HR

Talent retention : For example, improve employee retention rates. Pinpoint the areas where recruiting strategies fell short of expectations (for instance, high turnover rates or long hiring delays) and flag those areas for improvement in the new year. For example: ‘Reduce time-to-hire.’

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How To Craft a Strategic Hiring Plan in 2025

Analytics in HR

By creating a strong and positive employer brand , you can entice top talent and reduce time to hire. This should ensure fair and equitable hiring processes and avoid any discriminatory practices. Leverage data analytics Company data is another essential source of information for forecasting hiring needs.

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How HR Can Create a Comprehensive Talent Strategy

Analytics in HR

Innovative recruitment strategies will get your job vacancies seen by the talent you are looking for, and streamline the recruitment process to decrease the time to hire and avoid losing your talent to competitors.

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25 Workforce Management Metrics You Should Track

Analytics in HR

These metrics also enhance the employee experience by preventing overwork, boosting satisfaction, and improving retention. These KPIs assess key areas like employee productivity, turnover, schedule adherence, and labor cost efficiency. Conversely, long hiring times can lead to operational delays and affect the candidate experience.

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Creating Employment Opportunities With Flex Manufacturing (i4cp login required)

i4cp

Open requisitions took more than 40 days to fill, and overall turnover for production staff exceeded 32%, with new hire turnover greater than 100% at some locations. The overall national skilled-labor shortage exasperated this long-time challenge, making operational viability a leadership concern.

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Full Cycle Recruiting: A Guide To Hiring Top Talent

Analytics in HR

With so many moving parts and processes involved in full cycle recruiting, how can HR professionals make sure they consistently hire the most qualified people for the right positions and make those employees want to stay? It’s crucial to keep in touch with new hires during this period to keep them engaged and excited to join the company.