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How to Avoid Talent Gaps with Data-Driven Succession Planning

Visier

According to the Association for Talent Development , only 35% of organizations have a formalized succession planning process. As with most things, the best way to manage these risks is to be prepared and to have a plan. Succession planning with data. These concerns can be heightened during times of crisis.

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8 Questions to Ask for Effective HR Reports

EmployeeConnect

It’s critical to evaluate staff strengths and weaknesses, training, education and the company’s current and long-term needs to determine which information and benchmarks are critical for defining progress or indicating that remediation is needed. Do we agree on definitions? What format communicates the message best?

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

Analytics in HR

There are numerous HR metrics used in HR analytics, but here is a brief overview of a few of the more common ones: HR metric Definition How to calculate Employee turnover This is the percentage of employees who leave the organization. However, certain circumstances may require incorporating external benchmarking data.

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The 15-Minute Guide to Creating Your First Competency Matrix (+Free Download)

Peoplebox

Build Your Leadership Pipeline Through Data-Driven Succession Succession planning becomes data-driven with a competency matrix, simplifying the identification and development of future leaders. Boost Team Performance with Clear Skill Benchmarks Clear skill benchmarks for each position enable teams to function optimally.

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A Federal Survey Revealed the Top HCM Challenges—Here’s How to Overcome Them

Cornerstone On Demand

The goal of the resulting research, the HCMG State of Human Capital Management in Government Report , was to benchmark the last five years of progress in HCM in the government space, identify trends and provide guidance for leaders going forward.

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HR Metrics for 2023: The Definitive Guide

Primalogik

Percentage of succession plan promotions. This metric reveals the ratio of promotions that arise from this plan. Set Benchmarks For each metric, also set benchmark goals. Ask yourself what success will look like in each dimension. (Assigning an exact dollar value to benefits can prove tricky.

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Maximize your employee engagement ROI with these 5 steps

ExactHire

Organizations are built around people, so creating a high-engagement work culture is essential for sustainable business success. In the last few years, more companies have started to benchmark employee engagement, hoping that this data will provide insights on how to be a better place to work. This is a big red flag.