Analytics in HR

FEBRUARY 28, 2024

HR analytics allows HR professionals to make informed decisions and create strategies that will benefit employees and support organizational goals. HR analytics, also referred to as people analytics or workforce analytics, involves gathering, analyzing, and reporting HR data. Example: Annual employee turnover rate.)

HR Planning 124

HR Planning Analytics HR Software Hiring Software 124

15Five

JANUARY 23, 2024

Turnover is just part of doing business. While some turnover is normal, too much can damage your organization’s performance, lower morale, and even interrupt important projects. That’s why, as an HR professional, you need a simple way to calculate, analyze, and manage your turnover rates.

Retention and Turnover 291

Retention and Turnover Hiring Software How To Onboarding Software 291

ClearCompany HRM

JULY 28, 2022

This post was originally published in October 2019 and updated in July 2022 to reflect new information about how employee recognition impacts employee engagement and productivity. A lack of engagement can lead to a decrease in productivity and employee retention — and it’s expensive, too. 18% lower turnover for high-turnover companies.

ClearCompany 440

ClearCompany Employee Engagement Hiring Software Productivity 440

Analytics in HR

FEBRUARY 27, 2023

And chief talent officer oversees employees’ recruitment, development, and retention to help meet company goals. On a company-wide level, they also assess the staffing needs of each department. They build candidate pools, screen applicants, and create recruitment guidelines for hiring managers.

Talent Experience 94

Talent Experience Hiring Software Staffing Software HR Planning 94

Analytics in HR

FEBRUARY 6, 2024

Talent retention : For example, improve employee retention rates. 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? Review your recruitment processes.

AI Recruiting 104

AI Recruiting Video Recruiting Recruiting Software Hiring Software 104

Business Management Daily

FEBRUARY 26, 2024

By keeping track of essential HR metrics like employee turnover rate, time to fill, and recruitment costs — you’ll have a solid grasp of your strengths and top areas for improvement. You can use KPIs to measure the effectiveness of specific aspects of your human resources department, such as hiring, onboarding, retention, and company culture.

HR Planning 98

HR Planning HR Software Hiring Software Retention and Turnover 98

15Five

JANUARY 18, 2024

Excessive turnover can cripple an otherwise healthy organization. While all organizations have to accept some level of turnover, too much of it can significantly affect performance. That’s why knowing what a turnover rate is and keeping track of it is important for HR departments. Check out our guide here.

Hiring Software 246

Hiring Software Retention and Turnover Onboarding Software HR Software 246

Analytics in HR

FEBRUARY 15, 2022

Workforce analysis is a process used to collect, analyze, and interpret data to assess the current state of the workforce and turn it into actionable information which organizations can use to plan to meet their future needs. This enables managers to make more informed transfer and severance decisions. Improve company culture.

Analysis 96

Analysis HR Planning Hiring Software Retention and Turnover 96

ClearCompany HRM

MAY 11, 2023

Its benefits range from eliminating bias to decreased employee turnover rates. They increased workforce diversity by 6%, with new hire retention rates of around 90%. Recruiters can use benchmarks to write accurate job descriptions and speed up the selection process. Learn more about hiring for #CoreCompetencies: 2.

ClearCompany 421

ClearCompany Competencies Hiring Software Hiring 421

15Five

DECEMBER 7, 2023

Scaling Growth, Engagement, and Retention Rapidly scaling any company while maintaining engagement and retention is a daunting challenge for HR and People teams. With the pivotal role managers play in fostering employee engagement, productivity, and retention, it was imperative to equip and support them effectively.

Onboarding Software 276

Onboarding Software Onboarding Retention and Turnover HR Software 276

Analytics in HR

OCTOBER 1, 2024

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. Common metrics like utilization rates, absenteeism, and labor costs enable businesses to make informed decisions, optimize scheduling, and improve operational efficiency.

Metrics 52

Metrics Retention and Turnover Hiring Software Staffing Software 52

Analytics in HR

JULY 31, 2023

But it’s up to HR to not only ensure that upskilling and reskilling opportunities are happening but that they are happening for the right people within strategic roles aligned to company needs and objectives. If that’s the case, you certainly want to hire for roles that the company needs and ensure that your top talent stays.

Staffing Software 97

Staffing Software Staffing HR Planning Planning Tools 97

Extensis

DECEMBER 20, 2023

The speed at which the business landscape is evolving means employers must quickly adapt to remain competitive; gone are the days of researching emerging trends and bookmarking them for later. You may also download the complete report , which provides more in-depth information and actionable guidance.

HR Trends 102

HR Trends HR Software HR Planning Trends 102

Analytics in HR

OCTOBER 20, 2023

To make informed, strategic decisions, HR managers must be adept at understanding and interpreting different types of HR reports. These reports distill complex HR data into actionable insights, providing a comprehensive view of the workforce and allowing HR decision-makers to make informed choices that can add strategic value to the business.

Report 78

Report HR Planning HR Software Hiring Software 78

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

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.

Human Capital Management 52

Human Capital Management Hiring Software Onboarding Software Planning Tools 52

Analytics in HR

JULY 31, 2023

As a function, HR covers the processes, practices, and strategies to attract, develop, and retain employees who contribute to the company’s overall success. Human Resources also refers to the workforce or people employed in an organization. In this view, HR recognizes that employees are a company’s most critical asset.

HR Planning 68

HR Planning Resources Hiring Software Onboarding Software 68

HR Lineup

FEBRUARY 9, 2024

These KPIs will serve as benchmarks for measuring the effectiveness and efficiency of your payroll processes. Choose Relevant Metrics Not all payroll metrics are created equal, and tracking too many metrics can lead to information overload.

Metrics 52

Metrics Payroll Staffing Software Wage and Hour Training 52

15Five

MAY 19, 2023

Time-to-hire Time-to-hire refers to the amount of time between when a candidate is sourced and when they accept an offer from your company. This is slightly different from time-to-fill, which refers to the time it takes to hire from the date a new job opening is published.) Let’s change that.

HR Planning 264

HR Planning Metrics HR Software Hiring Software 264

Terryberry

MAY 16, 2024

Workforce analytics provide you with actionable insights into trends and patterns, so you can make informed decisions about recruitment, talent management , and performance optimization. For example, a retail company may use this information to predict peak seasons and hire accordingly.

HR Software 52

HR Software Hiring Software Recruiting Software Planning Tools 52

Semos Cloud

MARCH 24, 2021

Employee engagement software platforms are becoming the essential parts of companies’ HR Tech stacks. Therefore, employers are realizing that their priorities lie in preventing employee turnover and increasing employee engagement. Luck ily, there is a plethora of solutions that help companies resolve these issues. .

Onboarding Software 96

Onboarding Software Hiring Software HR Software Recruiting Software 96

Achievers

SEPTEMBER 12, 2024

Employee turnover rates are a crucial metric for organizations to monitor, as they show how frequently employees leave the company. Beyond just tracking numbers, understanding turnover rates requires identifying the root causes of employee departures and developing effective retention strategies in response.

Retention and Turnover 123

Retention and Turnover Hiring Software Employer Branding Recruiting Software 123

EmployeeConnect

JANUARY 15, 2023

According to research, just 24% of employees believe their present position allows them to utilise their talents and competencies. This lack of staff involvement and growth can result in lower productivity, greater employee turnover , and an inability to assume leadership responsibilities. Define the EDP’s purpose and objectives.

HR Planning 265

HR Planning Planning Tools Assessment Software Compliance Training 265

HiBob

SEPTEMBER 20, 2022

There are many challenges facing today’s workplace regarding recruitment and retention. Prospective employees demand higher salaries, better perks, and more flexibility, and many companies are adjusting their compensation packages to attract the best talent. Customized benchmarking datasets for HiBob customer needs.

Benchmarking 148

Benchmarking Compensation Planning Tools Recruiting Software 148

Visier

FEBRUARY 20, 2018

Turnover Contagion: Tracing the Source. It’s also a lesson for HR leaders looking to treat a viral event of a different sort: turnover contagion. Turnover contagion happens when people quit their jobs simply because other people are talking about leaving, job searching, or actually jumping ship. Quitting is contagious.

Retention and Turnover 153

Retention and Turnover Planning Tools HR Software Visier 153

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.

Onboarding Software 246

Onboarding Software Assessment Software HR Software Planning Tools 246

Cisive

DECEMBER 26, 2021

On the employment background screening front, employers must ensure these changes are reflected in their screening policies. Having an updated company policy in place gives clarity to a background check and protects your company from potential liability around the use of background screening information.

Background screening 111

Background screening Screening Policies Retention and Turnover 111

Hppy

JANUARY 31, 2024

AI, the technology that is revolutionizing efficiency, is poised to transform your recruitment and retention strategies. Image by katemangostar on Freepik The Importance of Employee Growth and Development: Research emphasizes the importance of providing opportunities for employees to grow and develop within a company.

AI Recruiting 113

AI Recruiting Recruiting Software Onboarding Software Assessment Software 113

Peoplebox

SEPTEMBER 27, 2024

That’s why having a solid recruitment plan can save you time, standardize hiring, and bring top talent to your company. Leaving the wrong people on the job for long has been the root cause of many performance issues and attrition in many companies. We’ll show you how you can do that, in this article. What is a Recruitment Plan?

AI Recruiting 52

AI Recruiting Recruiting Software Planning Tools Hiring Software 52

Analytics in HR

FEBRUARY 9, 2022

So, how can you reduce new hire turnover in your business today? Contents What is new hire turnover? How do you calculate new hire turnover? How to reduce new hire turnover. What is new hire turnover? New hire turnover can be voluntary —an employee decides to leave—or involuntary —an employee is asked to leave.

Video Recruiting 124

Video Recruiting Hiring Software Hiring Retention and Turnover 124

Analytics in HR

OCTOBER 24, 2024

There are as many reasons for employee turnover as there are people who leave their jobs. This article explores some of the most common reasons for employee turnover and ways to prevent it. Contents What is employee turnover? Let’s get started!

Retention and Turnover 98

Retention and Turnover Hiring Software Interview Software How To 98

EmployeeConnect

SEPTEMBER 12, 2022

People who start and finish their careers with the same companies are extremely rare. Even though leaving a company seems to be a fairly simple journey, there are many complex issues involved in this attrition process. In addition, we’ll discuss how to control employee attrition within your company. What is Employee Attrition?

Compliance Training 245

Compliance Training Workforce Planning Trends Benchmarking 245

Precheck

JANUARY 10, 2022

How Often Should You Review Your Background Screening Policy? On the employment background screening front, employers must ensure these changes are reflected in their screening policies. On the employment background screening front, employers must ensure these changes are reflected in their screening policies.

Background screening 95

Background screening Screening Policies Hiring Software 95

HRExecutive

FEBRUARY 13, 2024

An organization’s turnover rate provides key insights into the health of its workforce and, more broadly, its approach to human capital management. But in order to be actionable for organizations, benchmarking data—whether about turnover or anything else—needs to be interpreted as part of a broader ecosystem.

Data 105

Data Retention and Turnover Hiring Software Human Capital Management 105

15Five

APRIL 21, 2022

Attracting great talent has never been more competitive, with companies understandably wanting to provide the most enticing compensation packages possible. Because they’re not getting a complete picture, some employees may feel undervalued or under-compensated, ultimately leading to turnover.

Compensation 264

Compensation Bonuses and Incentives Data Retention and Turnover 264

Bonusly

AUGUST 27, 2020

When it comes to employee retention strategies, HR departments need to track specific measurables. By tracking statistics such as employee retention rate and turnover cost , you have a way to measure the effectiveness of new HR initiatives such as a formal onboarding program or starting to offer health benefits.

Retention and Turnover 98

Retention and Turnover Hiring Software Onboarding Software Recruiting Software 98

6Q

SEPTEMBER 21, 2022

In this guide, we share some clever methods to increase your employee retention rate, and keep your team for longer. If this happens at your company — and often — you’re not alone. For businesses across the globe, these high turnover rates are causing havoc, impacting productivity, slowing collaboration and harming the bottom line.

Hiring Software 119

Hiring Software HR Software Onboarding Software Retention and Turnover 119