PeopleStrategy

NOVEMBER 7, 2023

Review HR metrics. HR can help engage and align employees with the organization’s purpose and values, which can positively impact an organization’s attraction and retention efforts. There are more areas that can help your department and company overall in the new year. Workforce analysis. Employee feedback and communications.

Hiring Software 130

Hiring Software Retention and Turnover Recruiting Software Payroll 130

Analytics in HR

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.)

HR Planning 124

HR Planning Analytics HR Software Hiring Software 124

Analytics in HR

NOVEMBER 15, 2022

FTE vs. headcount : What exactly is the difference between these two resource management methods and how can HR use them effectively in planning and reporting? FTE is an important metric for HR for several reasons. For example, headcount reporting might tell you that you have 200 employees in your organization today.

HR Planning 111

HR Planning HR Software Hiring Software Metrics 111

Analytics in HR

JULY 26, 2022

Headcount planning involves setting hiring targets, creating reskilling and upskilling plans for current employees, decreasing employee turnover, and analyzing worksite occupancy and company-specific objectives and strategies. Put your headcount reporting in order. Determine who needs to be involved.

HR Planning 143

HR Planning Planning Tools HR Software Hiring Software 143

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

EmployeeConnect

DECEMBER 10, 2024

Central to this effort are HR metrics and key performance indicators (KPIs), which provide quantitative measures of workforce performance, efficiency, and overall HR effectiveness. From turnover rates to cost-per-hire, these metrics enable organizations to optimise their talent strategies and improve overall productivity.

Hiring Software 130

Hiring Software HR Software Metrics Recruiting Software 130

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

Analytics in HR

MARCH 16, 2023

Talent acquisition Talent shortage research by ManpowerGroup has found that 3 out of every 4 (75%) companies report talent shortages and struggle to acquire the right people, with large companies struggling the most. Investing in L&D initiatives and rewarding and recognizing good work will reduce turnover and help you retain top talent.

AI Recruiting 144

AI Recruiting HR Software Strategy Hiring Software 144

HR Lineup

JANUARY 12, 2024

The HR Scorecard is a powerful tool that allows organizations to align their HR strategies with overall business objectives, monitor key HR metrics , and drive continuous improvement. It is a visual representation of key HR metrics and indicators that help in assessing the impact of HR activities on organizational performance.

HR Software 88

HR Software Assessment Software Recruiting Software Planning Tools 88

Analytics in HR

MAY 29, 2024

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. HR Metrics and People Analytics terms 33. It’s a handy reference to refer to the next time you encounter an unfamiliar term. ” 3. ” 10.

COMPAS 113

COMPAS HR Software HR Planning Hiring Software 113

Analytics in HR

NOVEMBER 2, 2022

. – For instance, an employee headcount summary captures a time period and reports the “what” but not the “why” or “how.”. Efficiency metrics that HR has traditionally tracked fall under the descriptive analytics category. Descriptive analytics examples. Diagnostic analytics. increase in the company’s performance.

Analytics 138

Analytics HR Planning HR Software AI Recruiting 138

Extensis

DECEMBER 5, 2024

Archive old records: Securely store or dispose of records in accordance with data retention policies and legal requirements. Affordable Care Act (ACA) reporting: If applicable, provide workers with Form 1095-C and file Forms 1094-C and 1095-C to the IRS. Payroll Closing your business’s books at the end of the year is imperative.

Assessment Software 69

Assessment Software HR Software HR Planning Hiring Software 69

15Five

MARCH 15, 2024

When she joined TrustRadius, employee turnover was 40% — a number that Jamy needed to reduce quickly. To help, she onboarded 15Five to equip managers with the tools they need to effectively lead teams, drive high levels of employee engagement, and actively reduce turnover. 15Five is a flywheel.

HR Software 246

HR Software Onboarding Software Retention and Turnover Employee Engagement 246

15Five

NOVEMBER 14, 2023

Employee retention isn’t merely a challenge—it’s an ongoing effort that requires continuous foresight and strategy. At our second annual Thrive by 15Five conference, we held a breakout session titled “The Retention Roadmap: Plotting Your Course to Proactive Employee Retention”.

Course 246

Course Retention and Turnover HR Software Metrics 246

15Five

OCTOBER 4, 2023

Managers have an outsized impact on the outcomes that matter most to HR leaders, including employee engagement, performance, and retention. You need baseline metrics to build a strategic plan and mechanisms for continuous measurement and improvement. Conversely, ineffective managers can negatively impact the people who report to them.

Metrics 246

Metrics HR Software Retention and Turnover Planning Tools 246

HR Digest

NOVEMBER 28, 2023

HR strategies for business growth focus on the hiring and retention of the right talent, but they can also involve active participation in key business decisions by bringing in a grounded angle to the discussion. reported that 63 percent of global workers would begin looking for a new job if they were not allowed to work remotely.

HR Software 105

HR Software Hiring Software HR Planning Assessment Software 105

15Five

JANUARY 29, 2024

However, without measuring employee engagement rates, you won’t understand the effectiveness of your HR strategies in improving retention and decreasing turnover. What is employee retention rate? Employee retention rate indicates how well a company is doing at retaining employees. What is a good employee retention rate?

Retention and Turnover 246

Retention and Turnover HR Planning Onboarding Employee Recognition 246

Analytics in HR

JUNE 30, 2023

Doing this well leads to lower turnover, higher productivity, and increased engagement. The VP of talent acquisition or recruitment often reports to the CHRO. Bridging also acts as a strong retention strategy. The talent acquisition strategy should align with the people strategy (or HR strategy).

Talent Acquisition 26

Talent Acquisition Video Recruiting Hiring Software AI Recruiting 26

15Five

JANUARY 11, 2023

If you’re at the coffee bar throwing back espresso shots this morning because you were up all night worrying about turnover at your company, you’re not alone. 15Five’s latest research shows that more than 80% of business leaders believe a decrease in employee retention presents a risk to company success. What is turnover?

Retention and Turnover 246

Retention and Turnover Retirement HR Software Talent Experience 246

15Five

JANUARY 18, 2023

Though some regrettable turnover is inevitable and expected, when too many of those losses start stacking up, the entire employee experience can topple over like dominoes. The impact of employee turnover—particularly regrettable turnover—can be felt throughout a company, from dips in productivity to wounded team morale.

HR Planning 246

HR Planning Retention and Turnover Objectives & Key Results HR Software 246

Analytics in HR

DECEMBER 2, 2024

By tracking these metrics, you can identify weaker areas for improvement to optimize your hiring process. By analyzing your historical hiring trends, turnover rates , and workforce demographics, you’ll be better equipped to identify patterns and predict future requirements.

AI Recruiting 105

AI Recruiting Planning Tools Hiring Software HR Planning 105

Analytics in HR

JULY 31, 2023

A well-crafted staffing plan: Minimizes labor costs Maximizes productivity Provides a competitive edge in the market Improves the quality of new hires Reduces turnover Drives career and skills development Fosters a more engaged and satisfied workforce. Also consider employee retention metrics, such as the turnover rate or average tenure.

Staffing Software 98

Staffing Software Staffing HR Planning Planning Tools 98

Engagedly

DECEMBER 7, 2024

Or maybe employee turnover is high, and youre left wondering why your best talent is walking out the door. Boost employee satisfaction and retention rates. Example: Imagine a workforce analysis reveals a spike in turnover among mid-level managers. Ever feel like your team is spinning its wheels without making real progress?

Staffing Software 52

Staffing Software Hiring Software Assessment Software Analysis 52

Empxtrack

SEPTEMBER 3, 2024

A report from Gartner reveals that 71% of organizations are planning to maintain or expand their remote and hybrid work models, thus reflecting a strong shift towards flexible work arrangements. According to Forbes, 77% of remote workers report higher productivity and better work-life balance compared to their in-office counterparts.

HR Software 67

HR Software Recruiting Software Planning Tools Hiring Software 67

Analytics in HR

JULY 31, 2023

It includes reviewing organizational and HR metrics to measure HR initiatives’ effectiveness on business results. Internal mobility helps organizations improve employee engagement and retention while reducing hiring costs. Employee participation and communication – HR delivers relevant and timely information to employees.

HR Planning 92

HR Planning Resources Hiring Software Onboarding Software 92

Talentia

OCTOBER 10, 2024

Common KPIs include employee headcount, retention rate, promotions, quality of hire, voluntary vs. involuntary turnover rates and diversity metrics. Insightful data can inform decisions about staffing, employee retention rates and time-to-hire periods. Create reports quickly and easily using secure verified data.

Workforce Planning 52

Workforce Planning Planning Tools HR Software Assessment Software 52

Dr. John Sullivan

DECEMBER 3, 2023

The silliest practice in retention is counting all quits equally in your turnover calculations. So the purpose of this article is to “open your mind” about the problem of measuring only aggregate “total turnover. Which I call “devastating turnover.”An Which I call “devastating turnover.”An

Retention and Turnover 146

Retention and Turnover AI Recruiting Hiring Software Diversity 146

Hppy

NOVEMBER 15, 2024

Employee retention remains a top priority for companies worldwide. Turnover costs add up quickly, and hiring new talent doesn’t just hit the budget hard, it disrupts team dynamics and slows down productivity. Measuring happiness might sound like a soft metric, but it’s a game-changer for retention when approached strategically.

Metrics 91

Metrics Retention and Turnover Strategy Compliance Training 91

ClearCompany HRM

NOVEMBER 29, 2022

Lost productivity, absenteeism, and employee turnover all result in substantial financial losses. Voluntary turnover alone is thought to cost $630 billion. According to the Workplace Outcome Suite Report, EAP counseling alone can yield cost savings of up to $3,500 per employee. Improves Employee Retention.

ClearCompany 451

ClearCompany Hiring Software Retention and Turnover Planning Tools 451

Analytics in HR

OCTOBER 25, 2022

An annual HR report is a way to showcase to your stakeholders the value that HR brings to the business. An essential part of developing an impactful annual HR report is including the right metrics to clearly quantify how HR is impacting strategic goals and organizational performance. What is an annual HR report?

HR Planning 116

HR Planning Metrics Report HR Software 116

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 124

Retention and Turnover Hiring Software Employer Branding Recruiting Software 124

Analytics in HR

SEPTEMBER 7, 2023

Employee relations: HR provides accurate and timely information to employees to build good working relationships and boost employee engagement and retention. They advise line managers on handling conflicts and misunderstandings between them and their direct reports to avoid escalation.

HR Planning 119

HR Planning Hiring Software Resources Background screening 119

Analytics in HR

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 94

HR Software Hiring Software Metrics Recruiting Software 94

HiBob

AUGUST 8, 2022

Employee attrition and retention are like peas in a pod—attrition is the peas, employee retention is the pod. When employee retention is low, you have a problem: Happiness is down, engagement is off, or maybe the economy is strong, and people are leaving for greener pastures. Attrition vs. retention. Company culture.

Metrics 148

Metrics Retention and Turnover Hiring Software HR Software 148

15Five

SEPTEMBER 21, 2023

We compiled our findings in a research report to peel back the curtain into our research and development of the MEI. Read the full research report here Why Manager Effectiveness Matters The best HR leaders know that HR needs to shift from an administrative-only position to having a more strategic impact on their organization.

Assessment Software 246

Assessment Software Retention and Turnover HR Software Metrics 246

Vantage Circle

DECEMBER 19, 2023

Employee retention is pivotal for businesses that cultivate a productive and satisfied workforce. High employee turnover is costly and disruptive. Companies with data-driven PeopleOps teams use a range of metrics to gauge their success in retaining their workforce. This article explores these employee retention metrics.

Metrics 105

Metrics Hiring Software Retention and Turnover Assessment Software 105

15Five

MARCH 29, 2022

Inefficient managers have far-reaching impacts, and can devastate crucial business metrics like turnover, retention, and morale. High turnover and poor retention. Turnover rates are one of the clearest indicators of manager efficiency. According to 15Five’s 2022 Workplace Report , over 53.8%

Retention and Turnover 264

Retention and Turnover eBook Metrics Talent Experience 264