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

Analytics in HR

Example: Annual employee turnover rate.) With the attrition drivers identified, Under Armour was able to make improvements to its employee retention efforts with enhanced people strategies , including incentives and rewards. For more real-world HR analytics examples, you can refer to the case studies we published in the past.

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Why Investing in Employee Development is Critical for Improving Retention

Hppy

Employee retention is a critical issue for many companies. High turnover rates can be costly, both in terms of financial resources and the negative impact on team morale and productivity. One effective strategy for improving employee retention rates is investing in employee development.

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Choosing the Right Employee Development Firm: Unlocking the Potential of Your Talent

developUs

Ask the firm how they track and evaluate the success of their programs and inquire about case studies or data that support their claims. A study by Gallup found that organizations with engaged employees outperform their competitors by 147% in earnings per share.

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What is Talent Density and How to Create It?

HR Lineup

Talented employees are more adept at identifying customer pain points and addressing them proactively, leading to higher customer satisfaction, loyalty, and retention. Increased Employee Morale and Retention: Working with other high performers can significantly boost employee morale and job satisfaction. Case Studies 1.

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How Data Cleansing Can Streamline Your HR Analytics

Hppy

When HR teams are working with clean data, they can trust the analytics to provide accurate information about employee performance, turnover rates, training needs, and other critical HR metrics. For example, imagine a scenario where an HR team is analyzing employee turnover rates.

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How Leading Organizations are Evolving their Succession Management Practices (i4cp login required)

i4cp

Succession planning / management has long been a high priority at many organizations. This approach might soon become a more common best practice, as several participants on the call indicated this was a change their organizations made recently or are planning to make in 2022.

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What is Skills-First Hiring?

HR Lineup

This may involve practical tests, simulations, case studies, or portfolio reviews, depending on the nature of the role. Investing in training programs demonstrates a commitment to employee development and retention. This attracts a broader pool of candidates with diverse backgrounds who possess the necessary skills.