Remove Benchmarking Remove Productivity Remove Succession Planning
article thumbnail

How on Earth Is HR Supposed to Prepare for 2021? (3 Tips)

Digital HR Tech

When someone senior quits, we pull out our succession plan and say, “Well, it looks like Bill and Kara are both quite prepared for this role. If we’re good at planning and good at the unexpected, why are we huddled in the corner with our ice cream, which we eat while ensuring we’re at least two meters away from our nearest coworker.

article thumbnail

HR KPIs: Guide, 20 Examples & Free Template

Analytics in HR

For this reason, the board of directors decided to cut costs everywhere except in the product innovation department. Tracking workforce performance: KPIs like employee productivity or goal attainment help ensure that teams are effectively meeting their business targets. The question is, how does this goal translate into HR KPIs?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

10 trackable succession planning metrics for any organization

HiBob

Bolster your business with succession planning Talent shortages. But one of the ways you can bolster your company to ensure it’s business-as-usual is to have a rock-solid succession plan in place. <<Download our free succession planning template to build an effective plan.>>

article thumbnail

Chief Talent Officer: Everything To Know About This Role

Analytics in HR

The chief talent officer creates processes to optimize hiring, build relationships for candidate pipelining and succession planning, and manage short and long-term staffing requirements. Finding and developing them is critical to your business’s success. People are your most important resource in the organization.

article thumbnail

How to Develop a Staffing Planning (With Staffing Plan Example)  

Analytics in HR

Used as a model, a staffing plan is a detailed illustration of the organization’s talent pool. It highlights the roles needed in each business unit, the required skills and competencies, succession planning, staffing budget, and ongoing development.

article thumbnail

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

Analytics in HR

This has a significant impact on organizational performance , leading to as much as a 25% rise in business productivity, a 50% decrease in attrition rates, and an 80% increase in recruiting efficiency. However, certain circumstances may require incorporating external benchmarking data.

article thumbnail

24 metrics your C-suite expects your human resource management software to report on

cipHR

Turnover rate High staff turnover is expensive and can hurt morale and productivity. It matters to the C-suite because absenteeism is expensive, disruptive, and damages productivity. It’s also a good indication of the efficiency of HR operations, helping the C-suite benchmark and track changes.