Payactiv

OCTOBER 3, 2024

However, the industry is renowned for its extremely high turnover rate. As of May 2024, the average employee turnover rate in the restaurant industry was 5.5%, compared to 3.4% Calculating Your Restaurant’s Turnover Rate Before planning how to reduce your QSR’s turnover rate, you need to understand your current levels.

PayActiv 52

PayActiv Wage and Hour Training Retention and Turnover Hiring Software 52

Empxtrack

SEPTEMBER 3, 2024

Human resources trends influence how companies meet employee needs, enhance business value, and align various functions with market demands. Hence, understanding how the recent HR trends 2025 will change the future of the workplace is crucial. In 2025, the personalized employee experience trends will become more important than ever.

HR Software 67

HR Software Recruiting Software Planning Tools Hiring Software 67

HR Lineup

OCTOBER 2, 2024

Turnover Rates: Insights into the rate at which employees join and leave the organization. Turnover and Retention Analysis Tracking headcount over time helps organizations monitor employee turnover rates and identify patterns or trends. to evaluate retention strategies and succession planning.

Staffing Software 89

Staffing Software Hiring Software Report AI Recruiting 89

Vantage Circle

JANUARY 18, 2023

Continued focus on (employee) turnover is of critical importance, because of the direct relation of turnover to improvements in labor costs and guest satisfaction. "Employee turnover" is a word that makes HR practitioners' hearts skip a beat. What is Employee Turnover? What is Employee Turnover?

Retention and Turnover 91

Retention and Turnover HR Planning Hiring Software How To 91

Business Management Daily

JANUARY 20, 2023

Dr. Rigolizzo: This is one of the biggest trends in HR, and it’s not going away. As organizations become more complex, data helps clarify the picture of what’s going on as it relates to employee engagement and retention. It also helps companies spot and anticipate trends across the field of HR to know what to do in the future.

COMPAS 59

COMPAS Metrics HR Planning Hiring Software 59

cipHR

AUGUST 9, 2023

But among hundreds, if not thousands, of people metrics, what should your HR systems report on? Here are 24 metrics we typically see C-suites asking for most. Let’s explore the metrics we often see C-suites asking HR teams for – first the fundamentals, then more sophisticated reports that power advanced modelling and forecasting.

HR Planning 52

HR Planning Hiring Software HR Software Onboarding Software 52

Analytics in HR

JUNE 15, 2020

In this article, we will explore the key metrics that you need to prepare your organization for the future. For this article, I want to zoom in on the data and metrics that are useful to create in the Strategic Workforce Development process and why. This is where strategic workforce planning, or development, comes in. The must-haves.

Metrics 105

Metrics HR Planning Retention and Turnover Hiring Software 105

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 245

Course Retention and Turnover HR Software Metrics 245

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 263

HR Planning Metrics HR Software Hiring Software 263

HSD Metrics

MARCH 16, 2023

Although every industry is dealing with high turnover and staff shortages, healthcare professionals have been the most affected and have experienced the greatest pressure in the last few years. They are directly tied to positive patient experiences, yet industry trends point towards high-turnover rates among healthcare providers.

Industry 52

Industry Retention and Turnover Staffing Software Assessment Software 52

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 240

HR Software Onboarding Software Retention and Turnover Employee Engagement 240

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 123

Retention and Turnover Hiring Software Employer Branding Recruiting Software 123

HiBob

NOVEMBER 14, 2024

Workforce management (WFM) metrics have the power to help you with all this and more, giving your HR team the data they need to make confident, forward-thinking decisions. In this article, we’ll explore the essential WFM metrics you can use to measure, optimize, and communicate the effectiveness of your people programs.

Metrics 78

Metrics Retention and Turnover Hiring Software Onboarding Software 78

Peoplebox

NOVEMBER 12, 2024

It’s not endless A/B testing of job descriptions or obsessing over every minor metric. With data, you have key metrics like turnover rates, departmental movements, and skill gaps in place. Here’s what all these metrics help you do. Even small teams can start making smarter, data-backed hiring choices today.

Video Recruiting 52

Video Recruiting AI Recruiting Recruiting Software Hiring Software 52

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 97

Metrics Hiring Software Retention and Turnover Assessment Software 97

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 244

Retention and Turnover HR Planning Onboarding Employee Recognition 244

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. This includes metrics such as recruitment, retention, employee engagement, performance, and productivity.

Planning Tools 147

Planning Tools HR Software Hiring Software Recruiting Software 147

Pingboard

JULY 7, 2021

In this post, we’ll go over 20 HR metrics — qualitative and quantitative — that will deliver the clearest insights for your organization. . What Are HR Metrics? . As you’ll see, HR metrics include a wide range of core and non-core areas like: . Retention . Key HR Metrics: 3 Major Categories. Recruitment.

Metrics 52

Metrics Hiring Software HR Software HR Planning 52

HiBob

AUGUST 2, 2023

Today’s best HR strategy leans on people tech to take the focus off the paperwork and put the emphasis on improving culture, employee engagement and retention, and the business’s bottom line. HiBob recently partnered with CIPD to find out, and our research revealed some interesting trends and practices. <<Download

HR Software 78

HR Software Hiring Software Recruiting Software Data 78

Empuls

SEPTEMBER 29, 2023

However, amid all this unpredictability, there’s one trend that managers have come to recognize – the high turnover rate. With the challenges of demanding customers, repetitive tasks, and, sometimes, stringent performance metrics, it's no surprise that keeping employees motivated and satisfied can be challenging.

Hiring Software 40

Hiring Software HR Software Recruiting Software Staffing Software 40

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 238

Retention and Turnover Retirement HR Software Talent Experience 238

ShiftNote

OCTOBER 24, 2024

Employee turnover is a significant challenge in the restaurant industry, where the fast pace and demanding environment can often lead to burnout and dissatisfaction. Reducing turnover isn’t just about keeping employees longer; it’s about creating a workplace where they want to stay.

Retention and Turnover 52

Retention and Turnover Hiring Software Onboarding Software Planning Tools 52

Analytics in HR

OCTOBER 20, 2023

HR reports are strategic tools to showcase HR metrics and data, providing a detailed overview of your organization’s workforce and Human Resources activities. Key metrics to include are the total headcount, departmental breakdown, diversity metrics (e.g., Contents What is an HR report?

Report 65

Report HR Planning HR Software Hiring Software 65

Vantage Circle

JANUARY 10, 2024

Employee turnover is an unavoidable and mostly reality in business. However, developing a strong retention strategy centered around meaningful metrics can lead to happier, more productive employees and significant cost savings for a company. As an HR professional, what retention metrics should you be tracking?

Metrics 59

Metrics Retention and Turnover HR Software Benchmarking 59

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? Types of HR analytics Different data analysis methods provide insight and identify trends within data.

HR Planning 117

HR Planning Analytics HR Software Hiring Software 117

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

Talentia

OCTOBER 10, 2024

Define your KPIs To identify trends and assess the impact of your strategic workforce plan , you need to have the right KPIs in place. Common KPIs include employee headcount, retention rate, promotions, quality of hire, voluntary vs. involuntary turnover rates and diversity metrics.

Workforce Planning 52

Workforce Planning Planning Tools HR Software Assessment Software 52

Analytics in HR

FEBRUARY 6, 2024

Talent retention : For example, improve employee retention rates. Pinpoint the areas where recruiting strategies fell short of expectations (for instance, high turnover rates or long hiring delays) and flag those areas for improvement in the new year. Use metrics to evaluate your past performance. Are they still relevant?

AI Recruiting 94

AI Recruiting Video Recruiting Recruiting Software Hiring Software 94

HR Daily Advisor

FEBRUARY 1, 2018

Employee retention is one of the most important factors contributing to the growth and success of a company. For decades retention has been viewed by HR professionals as one of, if not the leading health-indicator of an organization. In this new HR calculus, is retention becoming obsolete? So, Is Retention Obsolete?

Retention and Turnover 65

Retention and Turnover Metrics Staffing Software HR Software 65

Cornerstone On Demand

APRIL 5, 2017

According to LinkedIn's 2017 Global Recruiting Trends Report , "quality of hire" is the top recruiting metric that hiring managers care about—and for good reason. Quality of hire is also arguably the best metric to demonstrate the effectiveness of the recruiting department and its value as a strategic business function.

Metrics 352

Metrics Recruiting Software Hiring Software Retention and Turnover 352

HR Lineup

JUNE 16, 2024

Here’s a detailed outline of the process: Step 1: Identify Key Metrics To calculate the cost of vacancy, it’s essential to identify and gather data on several key metrics: Annual Salary of the Position: The total compensation package, including base salary, bonuses, and benefits.

Examples 74

Examples Hiring Software HR Planning Staffing Software 74

Primalogik

SEPTEMBER 19, 2024

To accomplish your organizational goals, it’s vital to address employee attrition and reduce turnover. Let’s take a look at some key stats about attrition vs. turnover. By understanding how to manage attrition and turnover, you can take advantage of these positive trends to improve retention in your organization.

HR Software 52

HR Software HR Planning Hiring Software Retention and Turnover 52

HRExecutive

APRIL 8, 2024

While the movement has been losing some steam over the past year, the cost of employee turnover is still extremely high, as the cost of replacing an employee ranges anywhere from one-half to two times their yearly salary. Mitigating the costs of employee turnover for frontline workers isn’t just an HR issue.

Retention and Turnover 120

Retention and Turnover Onboarding Software Recruiting Software Planning Tools 120

EmployeeConnect

FEBRUARY 14, 2024

One constant challenge remains at the forefront: Talent Acquisition and Retention. High turnover rates not only disrupt workflow but also incur significant costs associated with recruitment , onboarding, and lost productivity. Simultaneously, retaining these talents is proving to be just as challenging.

Talent Acquisition 147

Talent Acquisition Hiring Software Recruiting Software HR Software 147

Netchex HR Blog

NOVEMBER 28, 2022

For HR analytics to be worthwhile, they must provide useful insights for your business and in-depth analysis of broader trends. Data (Metrics). You’ll need to start by identifying useful data points, or metrics. Your raw data (metrics) may be collected from a variety of automatic reports. The 4 types of HR analytics.

HR Planning 74

HR Planning HR Software Hiring Software Analytics 74

Precheck

FEBRUARY 15, 2021

You can track dozens of HR metrics at your organization. Your metrics may signal that it's time to reassess how you're using your resources. "If At the executive level, share data regarding: Leadership turnover, which could signal organizational instability. Look for trends to get to the bigger picture. Time to fill .

HR Software 124

HR Software Data Staffing Software Retention and Turnover 124

Business Management Daily

JUNE 21, 2023

Employee turnover has been on the rise for many years now in the US, and that trend isn’t set to change anytime soon. In fact, voluntary turnover is set to hit 35% in 2023 , which has been steadily rising since hitting an all-time high in 2018. What’s employee turnover rate?

Metrics 52

Metrics Retention and Turnover Hiring Software Onboarding Software 52