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11 Important Employee Relations Metrics To Track

Analytics in HR

Benchmarking : Compare turnover rates with industry standards to assess whether your rate is above or below average. Career development plans : Implement and monitor personalized career development plans for top performers to keep them engaged and invested in the company.

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Absenteeism in the Workplace & Its Effect on a Company

Intoo USA

These programs can include a variety of initiatives such as fitness facilities, stress management workshops, and holistic health interventions aimed at improving physical and mental health. By setting clear performance benchmarks and acknowledging achievements, organizations can stimulate a culture of continuous improvement.

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Empowering Female Talent by Promoting Career Development (i4cp login required)

i4cp

Consider that women comprise 61% of the 12,000-plus workforce at Lincoln Financial, which exceeds industry and government benchmarks for women and minority executive and general populations. Encouraging innovation and new ideas Just a few numbers help make a strong case for Lincoln Financial Group’s place on Forbes ’ 2019 list.

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Talent Management Strategies To Retain Top Performers

Hppy

After this, you’ll analyze and compare their web designing skills with industry standards or competitor benchmarks using trusted sources. Based on the identified gaps, develop a plan to upskill current employees or recruit new talent to address these issues. Make sure these goals are realistic and provide clear benchmarks for success.

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Employee Experience Strategy: Build Yours in 11 Steps

Analytics in HR

The strategy takes into account the full employee lifecycle, from recruitment and onboarding to daily work experiences, career development, and offboarding. Employee experience focuses on what employees experience in all work-related matters, from company culture to career development.

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Diverse Organizations Outperform, and These 9 Companies Can Help

Reflektive

Joelle Emerson, CEO of Paradigm, says “belonging” is a key benchmark , taking the idea of inclusion one step further. Frame Shift Consulting is one such organization, helping companies raise the bar through workshops, consulting, and speaking engagements, training individuals on how to open doors to diversity opportunities.

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What is a (Good) Promotion Rate and How To Calculate It

Analytics in HR

Knowing how to calculate the promotion rate and benchmark your internal promotion rate against competitors allows businesses to understand how well they are promoting from within and pinpoint areas where promotion policies and practices could be improved. SHRM’s benchmarking report states that the average promotion rate is 6%.