AIHR

MAY 29, 2024

It’s a handy reference to refer to the next time you encounter an unfamiliar term. Compa ratio Compa ratio , also known as a comparative ratio, is a metric that compares an individual’s or group’s salary to the midpoint of a defined salary range. This article unpacks 93 HR terms, including a usage example for each.

COMPAS 113

COMPAS HR Software HR Planning Hiring Software 113

HR Brew

DECEMBER 3, 2024

As such, October’s job openings and labor turnover survey (JOLTS) from the US Bureau of Labor Statistics feels a bit like a time capsule, as some industries were gearing up for holiday and winter busy seasons, while overall the labor market continued to cool down, possibly in anticipation of next year. Total separations changed little at 5.3

Data 258

Data Retention and Turnover Compensation Metrics 258

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. These are often referred to as human capital management software or abbreviated to HCM software. However, the two areas overlap moderately.

Human Capital Management 52

Human Capital Management Hiring Software Onboarding Software Planning Tools 52

AIHR

MARCH 21, 2023

It is also referred to as termination , planned or voluntary resignation, structural changes, and layoffs. Difference between attrition and turnover Attrition and turnover are two different concepts that describe the departure of staff from organizations, and they can have different impacts on the business.

Hiring Software 119

Hiring Software Retention and Turnover Compliance Training Compensation 119

EmployeeConnect

NOVEMBER 21, 2024

For instance, instead of simply tracking employee turnover, analytics can help HR leaders identify turnover patterns, understand root causes, and implement targeted retention strategies. Workforce analytics refers to the use of data, statistical tools, and technology to analyse employee data. What is Workforce Analytics?

Planning Tools 147

Planning Tools HR Software Hiring Software Recruiting Software 147

AIHR

FEBRUARY 28, 2024

Importance of HR analytics HR analytics examples Key HR metrics Data analytics in HR: How to get started How to transition from descriptive to predictive and prescriptive analytics in HR HR analytics certification FAQ What is HR analytics? Example: Annual employee turnover rate.) What is HR analytics used for?

HR Planning 124

HR Planning Analytics HR Software Hiring Software 124

AIHR

APRIL 9, 2025

Improves employee engagement and retention: Employees who feel heard and supported during change are more likely to stay engaged and committed to the organization. Step 6: Success metrics and monitoring Its important to define how youll measure success to make sure youre on track, or to make adjustments if needed.

Assessment Software 59

Assessment Software HR Software Planning Tools Hiring Software 59

Peoplebox

NOVEMBER 21, 2024

Table of Contents Why Are Recruitment Metrics Important? Important Recruitment Metrics to Track (Why it Matters and How to Calculate) Summing Up Frequently Asked Questions Get your recruitment right, and you set your company up for growth – it might sound like a cliche, but ain’t one. Why Are Recruitment Metrics Important?

Video Recruiting 52

Video Recruiting AI Recruiting Metrics Recruiting Software 52

AIHR

NOVEMBER 15, 2022

The key difference is that FTE refers to the number of full-time hours being worked, while headcount is the number of employees in an organization. FTE is an important metric for HR for several reasons. Headcount (also known as employee count) is a metric that calculates the number of employees in an organization at any given time.

HR Planning 111

HR Planning HR Software Hiring Software Metrics 111

15Five

MAY 19, 2023

According to Gartner, 58% of organizations say a lack of relevant metrics to track HR progress is one of the top barriers to effective strategic planning. Most other business functions have a standard set of metrics that show the effectiveness of their team and how they’re contributing to the company’s bottom line (e.g.,

HR Planning 264

HR Planning Metrics HR Software Hiring Software 264

HR Lineup

JUNE 16, 2024

The cost of vacancy refers to the financial impact an organization experiences when a position remains unfilled. Enhancing Retention Strategies: High COV values may indicate underlying issues such as high turnover rates. What is the Cost of Vacancy? HR must regularly update their calculations to reflect these changes accurately.

Examples 97

Examples Hiring Software HR Planning Staffing Software 97

HR Bartender

APRIL 10, 2018

With unemployment levels at historic lows, it’s no wonder that employee retention is a priority. A key factor in employee retention is onboarding. You could also use a metric like turnover. The rationale being that better onboarding should result in lower turnover. Thus, improving retention.

Onboarding Software 356

Onboarding Software Onboarding Hiring Software Retention and Turnover 356

AIHR

NOVEMBER 26, 2024

An effective HR dashboard makes it easy for People Teams to gain insights into turnover rates, labor costs, and other workforce metrics. We compare it to the HR report, examine key functions and metrics, and discuss how to build an effective dashboard. In this article, we explore the intricacies of the HR dashboard.

HR Software 95

HR Software Hiring Software Metrics Recruiting Software 95

Peoplebox

DECEMBER 26, 2024

Plus, referred candidates are twice as likely to be interviewed as traditional applicants. Source : Empowering Rain Makers and Honoring Diversity of the Culture Start your diversity and inclusion efforts: Track diversity metrics at each hiring stage to identify where underrepresented candidates drop off.

Talent Acquisition 52

Talent Acquisition Hiring Software AI Recruiting Interview Software 52

Vantage Circle

JANUARY 31, 2025

Employee commitment simply refers to the emotional attachment, loyalty, and sense of responsibility employees feel toward their organization. From retention to productivity, commitment drives how your team feels about the work they do and the company they’re part of. What is an Employee Commitment Survey?

Metrics 107

Metrics Survey Retention and Turnover Assessment Software 107

Hppy

MARCH 22, 2025

Organizational health is a critical factor that influences employee engagement and retention. This article explores the relationship between organizational health and employee engagement, highlighting the importance of a positive workplace culture and its impact on retention rates.

Employee Engagement 91

Employee Engagement Retention and Turnover Assessment Software Strategy 91

AIHR

JUNE 30, 2023

Doing this well leads to lower turnover, higher productivity, and increased engagement. Reducing costs – A well-designed talent acquisition strategy helps reduce recruitment costs by streamlining the hiring process, improving the quality of hires, and lowering turnover rates, saving both time and resources in the long run.

Talent Acquisition 26

Talent Acquisition Video Recruiting Hiring Software AI Recruiting 26

AIHR

OCTOBER 23, 2024

A growing number of companies are prioritizing purpose, linking profit to environmental, social, and governance (ESG) metrics that attract conscious investors, customers, and employees. Contents What are ESG metrics? When it comes to HR and ESG , numerous ESG-related responsibilities fall under the purview of Human Resources.

Metrics 98

Metrics HR Software Wage and Hour Training Assessment Software 98

AIHR

NOVEMBER 2, 2022

This method is also referred to as people analytics, talent analytics, or workforce analytics. Efficiency metrics that HR has traditionally tracked fall under the descriptive analytics category. With this knowledge, you can make changes that will keep more staff with the company and lower the turnover rate. Diagnostic analytics.

Analytics 138

Analytics HR Planning HR Software AI Recruiting 138

AIHR

JULY 26, 2022

Headcount planning refers to creating plans to ensure that your organization has the right number of people with the right skills to meet organizational needs in short- and long-term. For example, HR financial planning impacts salary increases, health insurance, and monetary incentives (like sales incentives and retention bonuses).

HR Planning 143

HR Planning Planning Tools HR Software Hiring Software 143

EmployeeConnect

MARCH 29, 2023

Quiet quitting refers to the act of resigning from a job without making a formal announcement. The cost of employee turnover resulting from quiet quitting may impact the organisation’s bottom line. This practice of leaving a job is becoming a growing trend in business workplaces.

Strategy 130

Strategy Trends Video Recruiting Recruiting Software 130

EmployeeConnect

MARCH 29, 2023

Quiet quitting refers to the act of resigning from a job without making a formal announcement. The cost of employee turnover resulting from quiet quitting may impact the organisation’s bottom line. This practice of leaving a job is becoming a growing trend in business workplaces.

Strategy 130

Strategy Trends Video Recruiting Recruiting Software 130

Peoplebox

DECEMBER 28, 2024

Plus, referred candidates are twice as likely to be interviewed as traditional applicants. Source : Empowering Rain Makers and Honoring Diversity of the Culture Start your diversity and inclusion efforts: Track diversity metrics at each hiring stage to identify where underrepresented candidates drop off.

Hiring Software 52

Hiring Software AI Recruiting Interview Software Recruiting Software 52

AIHR

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

AIHR

FEBRUARY 15, 2022

Workforce analysis takes a broader approach than people analytics by using both employee and ROI data to make informed recruitment, retention, and employee management decisions. Metrics such as productivity levels and undesired behaviors of ill-suited employees can be tracked. Decide on the right analysis method.

Analysis 98

Analysis HR Planning Hiring Software Retention and Turnover 98

Hppy

AUGUST 14, 2024

Image by Freepik Introduction to HR Automation Software Human Resource (HR) automation software refers to digital tools designed to streamline and automate various HR functions, such as recruitment, employee management, payroll, and compliance. Customizable Dashboards : Create dashboards tailored to specific metrics and KPIs.

HR Software 103

HR Software Hiring Software Recruiting Software Planning Tools 103

Hppy

SEPTEMBER 6, 2024

Introduction to Workplace Diversity Diversity in the workplace refers to differences among an organization’s employees. This heightened involvement leads to improved retention rates and decreased turnover expenses, demonstrating the importance of diversity in both employee contentment and organizational financial success.

Diversity 171

Diversity Recruiting Software Retention and Turnover Compliance Training 171

AIHR

JULY 15, 2024

Candidate experience metrics can help inform your HR hiring process. But to get the right insights into what’s working and what’s not, you’ll need to measure and analyze the right candidate experience metrics: 1. Collecting and analyzing these numbers matters. A high percentage can indicate a range of issues.

Hiring Software 81

Hiring Software Metrics AI Recruiting 10KC 81

AIHR

JANUARY 31, 2025

In this article, we explain the HR scorecard, discuss its benefits and common metrics, explain the difference between the HR scorecard and a balanced scorecard, and provide some examples of HR scorecards. It is a representation of leading HR indicators and key metrics that assesses the impact of HR activities on organizational performance.

HR Software 98

HR Software Hiring Software HR Planning Video Recruiting 98

Vantage Circle

NOVEMBER 15, 2024

Step 1: Identify Key Engagement Metrics The initial step to calculating ROI is identifying relevant metrics that reflect the impact of employee engagement on your organization. Here are some common metrics to consider: Productivity: Keep regular track of individual and team output after implementing engagement initiatives.

Employee Engagement 98

Employee Engagement Hiring Software Assessment Software Onboarding Software 98

HR Lineup

JUNE 23, 2024

High-volume hiring, also known as mass hiring or bulk recruitment, refers to the process of hiring a large number of employees within a relatively short period. Onboarding and Retention Effective Onboarding: Integrating a large number of new hires into the organization quickly and effectively is challenging.

AI Recruiting 98

AI Recruiting Video Recruiting Hiring Software Onboarding Software 98

HR Lineup

JANUARY 16, 2023

This may be done annually or semi-annually and may include a review of the employee’s job responsibilities, goals, and performance metrics. A KPI (Key Performance Indicator) review is a type of performance check-in where an employee’s performance is evaluated based on specific metrics. Project review: .

Assessment Software 97

Assessment Software Metrics Compliance Training Staffing Software 97

HiBob

FEBRUARY 13, 2023

One of the best ways to understand how to translate organizational needs into new hires and guarantee a strong team with high-quality professionals and low attrition rates is to leverage workforce planning metrics. What are workforce planning metrics? Use the tenure distribution metric to understand who your high-potential talent is.

Workforce Planning 148

Workforce Planning Metrics Planning Tools Hiring Software 148

Visier

SEPTEMBER 30, 2016

With voluntary resignations at an all-time high and unemployment rates historically low, employee retention is a key objective for most HR organizations, and employee turnover is the single most prevalent HR metric. However, knowing your turnover rate does little to support strategic business plans.

Analytics 150

Analytics HR Software Retention and Turnover Hiring Software 150

Hacker Earth

DECEMBER 17, 2024

This is where benchmarking metrics for your recruiting funnel come into play. By measuring the right metrics at each stage of the funnel, you can make data-driven decisions that improve your overall recruitment strategy. Its a critical metric because it helps identify how efficient your recruiting process is.

Benchmarking 62

Benchmarking Recruiting Software Metrics Hiring Software 62

Visier

DECEMBER 14, 2017

With voluntary resignations at an all-time high and unemployment rates historically low, employee retention is a key objective for most HR organizations, and employee turnover is the single most prevalent HR metric. Why should HR make employee retention a priority? How To Reduce Employee Turnover with HR Analytics.

Analytics 150

Analytics HR Software Retention and Turnover Hiring Software 150

EmployeeConnect

OCTOBER 22, 2024

Data fragmentation refers to the dispersion of critical information across multiple systems, databases, and spreadsheets. Employee information, performance metrics, benefits data, and payroll details are stored in different silos, leading to data duplication, inconsistencies, and a lack of visibility across the HR department.

HR Software 147

HR Software Recruiting Software Onboarding Software System 147