EmployeeConnect

MARCH 20, 2017

In the past, companies usually measured employee engagement by analysing turnover rates. Unfortunately, that strategy relies on 20/20 hindsight instead of identifying practical ways to reduce turnover proactively. That’s why today’s software applications for measuring key performance metrics are so valuable.

Metrics 138

Metrics Assessment Software Staffing Software Objectives & Key Results 138

Analytics in HR

FEBRUARY 28, 2024

Example: Annual employee turnover rate.) They used an integrated workforce analytics tool to sort through data and detect the top causes of attrition. 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.

HR Planning 124

HR Planning Analytics HR Software Hiring Software 124

Analytics in HR

MARCH 16, 2023

Talent development and retention An Employee Benefits News study shows that the average cost of losing talent is 33% of a company’s annual revenue. Who is likely to be promoted, retire, be made redundant or exit the business over the next year?

AI Recruiting 130

AI Recruiting HR Software Strategy Hiring Software 130

Analytics in HR

NOVEMBER 2, 2022

HR analytics is a tool that correlates HR data to organizational goals and demonstrates how HR initiatives are making an impact. Turnover : Descriptive analytics could be used to analyze employee turnover rates to compare the annual turnover between two teams or two departments. Diagnostic analytics. Recruitment.

Analytics 134

Analytics HR Planning HR Software AI Recruiting 134

FingerCheck

OCTOBER 19, 2023

A high employee retention rate is often a sign of a healthy business. Here, we’ll review what employee retention means, how it works, and how you can keep your best employees. What Is Employee Retention? Employee retention is the science of reducing employee turnover. What Are the Benefits of Employee Retention?

Talent Experience 52

Talent Experience Retention and Turnover Strategy Hiring Software 52

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. Find the right headcount planning tools. Put your headcount reporting in order.

HR Planning 141

HR Planning Planning Tools HR Software Hiring Software 141

Empuls

OCTOBER 9, 2023

Healthcare employee turnover:  stats & facts Healthcare employee turnover refers to the rate at which healthcare workers leave their jobs within a given time frame, either voluntarily or involuntarily, and are replaced. Here are some facts sheding light on the problem of turnover in healthcare industry. was about 15.9%

Hiring Software 52

Hiring Software Staffing Software Recruiting Software Planning Tools 52

Analytics in HR

SEPTEMBER 7, 2023

HR must ensure they receive the correct pay and benefits, such as health insurance, retirement plans, wellness programs, and leave credits. Employee relations: HR provides accurate and timely information to employees to build good working relationships and boost employee engagement and retention. laws and regulations.

HR Planning 119

HR Planning Hiring Software Resources Background screening 119

Edcor

MAY 20, 2024

Hospitals have faced an average RN workforce turnover of 102.6% The turnover shot up to 27.1% Turnover rates vary anywhere from 5.6% depending on the size of the hospital according to the 2024 NSI National Health Care Retention & RN Staffing Report. The report also highlights how costly the turnover can get.

Retention and Turnover 52

Retention and Turnover Strategy Hiring Software Staffing Software 52

Analytics in HR

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 25

Talent Acquisition Video Recruiting Hiring Software AI Recruiting 25

Analytics in HR

MAY 10, 2023

They ensure that employees receive the benefits they’re entitled to, including health insurance, retirement plans, and vacation time. HR professionals must also be aware of factors such as employee turnover , staff about to retire, and external economic trends that could impact the organization’s workforce.

Talent Management 92

Talent Management HR Software Compliance Onboarding Software 92

Analytics in HR

NOVEMBER 15, 2022

FTE is useful when comparing the performance of part-time and full-time employees and budgeting for hiring, training, and turnover rates. HR tends to use headcount as a strategic tool, while managers pay more attention to what’s happening around them day-to-day. Headcount is often used in different ways across the business.

HR Planning 106

HR Planning HR Software Hiring Software Metrics 106

HRExecutive

JUNE 6, 2023

A self-described “numbers and analytics person,” Riddle got to use those skills during a crash course on retirement plan management in a college internship at a Washington, D.C., nonprofit. “I “Aimbridge is well-known for their ability to assess and hire operationally oriented HR leaders,” Hessel says.

Staffing Software 104

Staffing Software HR Software Hiring Software Recruiting Software 104

Business Management Daily

JANUARY 20, 2023

Rigolizzo about what HR professionals need to know about this vital tool. Dr. Rigolizzo: Particularly within HR, data analytics is essential and not something HR has traditionally used as a key tool, but the use of data to make decisions is becoming commonplace, and therefore HR data analytics careers are in high demand.

COMPAS 59

COMPAS Metrics HR Planning Hiring Software 59

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

Analytics in HR

NOVEMBER 24, 2021

(How many are approaching retirement?). There are tools that can help you make a road map for this step of the HR planning process. Review how well it is helping you execute the organizational strategy and achieve goals in areas such as productivity or employee retention and satisfaction, etc. Conduct employee self-evaluations.

HR Planning 97

HR Planning Planning Tools Resources Video Recruiting 97

HRExecutive

OCTOBER 18, 2023

The need was clearly there: When Vogel joined, CHS had recently lost seven senior executives to retirement. Team members love the idea that they can work anywhere, any time and we’re giving them the tools to do that and the freedom to do that—just as long as they do their jobs and do it well, which they do,” Vogel says.

HR Software 120

HR Software Hiring Software Staffing Software Onboarding Software 120

HR Digest

APRIL 9, 2023

Employee turnover is a common issue in most organizations. While a certain level of turnover is inevitable, high turnover rates can be detrimental to an organization’s performance, productivity, and profitability. Understanding Employee Turnover Employee turnover can be classified into two categories: voluntary and involuntary.

Retention and Turnover 114

Retention and Turnover Interview Software Talent Management Retirement 114

Analytics in HR

MAY 29, 2024

HR term example: “Examples of ageism in the workplace include marginalization, reduced training opportunities, (semi) forced retirement, and unequal pay.” Dysfunctional turnover Dysfunctional turnover occurs when an organization’s high-performing people leave faster than its employees with a weaker performance.

COMPAS 89

COMPAS HR Software HR Planning Hiring Software 89

HR Lineup

JANUARY 22, 2024

In a rapidly evolving business environment, workforce planning is a proactive tool that helps organizations navigate uncertainties and stay ahead of the competition. This includes predicting retirements, turnover rates, expansion plans, and changes in skill requirements. What is the Process of Workforce Planning?

Workforce Planning 59

Workforce Planning Planning Tools HR Planning Hiring Software 59

Zenefits

JUNE 20, 2022

These include staff: Retention. Furthermore, a proactive approach means that you can easily tailor it to the results of surveys or other employee feedback tools. This, in turn, strengthens employee loyalty to the company and reduces turnover. What is a human resources strategy? Why a human resources strategy is essential.

HR Planning 68

HR Planning Resources Strategy Hiring Software 68

Analytics in HR

AUGUST 9, 2022

Therefore, HR leaders are very concerned with keeping employee turnover low. That’s why employee turnover data analysis is a valuable tool in your HR arsenal. Understanding employee turnover helps you prevent employees from leaving and retain top talent. Contents What is employee turnover data analysis?

Analysis 140

Analysis Data Retention and Turnover Hiring Software 140

HR Lineup

MARCH 29, 2024

Benefits: These encompass various perks and protections offered to employees, including health insurance , retirement plans, paid time off, and other fringe benefits. Equipment and Supplies: The cost of providing employees with necessary tools, equipment, and supplies to perform their job duties efficiently.

Hiring Software 52

Hiring Software Wage and Hour Training Assessment Software Recruiting Software 52

Visier

JUNE 24, 2020

The trifecta of talent management tools for talent gap mitigation. Often organizations provide tools that allow employees to explore opportunities and develop plans, set goals and take action to proactively navigate their career. Is there a retirement risk among the succession candidates on your slate? Fictional data used.

Succession Planning 372

Succession Planning Planning Tools Data Talent Experience 372

DecisionWise

APRIL 13, 2024

Employee engagement and retention play a pivotal role in the success of any organization, and manufacturing companies are no exception. In this article, we’ll delve into strategies to enhance employee satisfaction, reduce turnover, and create a positive work environment within manufacturing organizations.

Employee Engagement 130

Employee Engagement Decisionwise Retention and Turnover Onboarding Software 130

cipHR

AUGUST 9, 2023

Turnover rate High staff turnover is expensive and can hurt morale and productivity. HR teams can track their overall turnover rate either month-by-month or annually, which includes all leavers including those who are dismissed, made redundant, or retire. Like headcount, this data is most useful when it’s segmented.

HR Planning 52

HR Planning Hiring Software HR Software Onboarding Software 52

Analytics in HR

SEPTEMBER 12, 2024

Dr Dieter Veldsman, Chief Scientist (HR and OD) at AIHR, says: “A data-driven workforce planning approach allows you to balance your business’ talent demand and supply, ensuring you are proactive in skills development, acquisition, and retention.” Create flexible, adaptable planning tools that support ongoing refinement and scenario testing.

Workforce Planning 52

Workforce Planning Planning Tools HR Software HR Planning 52

HR Lineup

SEPTEMBER 27, 2024

It includes talent acquisition , performance management, and employee engagement, aiming to optimize workforce productivity and retention. Benefits administration: Managing employee benefits, such as health insurance, retirement plans, and PTO (Paid Time Off). It’s essentially a one-stop-shop for all HR processes.

HR Software 52

HR Software Onboarding Software Planning Tools Recruiting Software 52

EmployeeConnect

FEBRUARY 12, 2023

Employee retention is a critical issue facing companies in today’s competitive business environment. In this article, we will explore the causes of employee turnover, the benefits of employee retention, and the best practices and strategies for managing a successful and productive workplace.

Hiring Software 130

Hiring Software Retention and Turnover Onboarding Software Productivity 130

PI Worldwide

FEBRUARY 4, 2022

The fact is, employee turnover isn’t completely under your control. Other times, turnover is high because of a competitive market or other outside factors. In this article, we’ll show you powerful strategies to keep retention high. Along the way, we’ll cover a handful of topics: What are the different types of employee turnover?

Retention and Turnover 129

Retention and Turnover Strategy Hiring Software Background screening 129

HR Lineup

SEPTEMBER 24, 2024

Hire-to-Retire (HTR) refers to the comprehensive employee lifecycle management process that spans from the moment an individual is recruited until they retire or exit the organization. The Stages of the Hire-to-Retire (HTR) Process HTR involves several stages that align with an employee’s career trajectory.

Hiring Software 78

Hiring Software AI Recruiting Onboarding Software Recruiting Software 78

Best Money Moves

APRIL 20, 2022

5 benefits to include in your employee retention strategy. Up your employee retention strategy and keep your team where they belong with these five benefits. . These numbers suggest that the period of record employee turnover known as the “Great Resignation” is not slowing down. . The Great Resignation isn’t over yet.

Hiring Software 122

Hiring Software Planning Tools Strategy Retention and Turnover 122

Semos Cloud

MARCH 9, 2023

In this blog post, we’re going to talk about the impact of employee recognition on retention and talent attraction. As more workers migrated to white-collar jobs, and seasoned professionals move closer to retirement, the entire manufacturing sector faces an unprecedented number of missing laborers. A change has to happen.

Employee Recognition 52

Employee Recognition Hiring Software HR Software Hiring 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 114

Retention and Turnover Onboarding Software Recruiting Software Planning Tools 114

Hppy

DECEMBER 25, 2023

In the persistent battle for talent, appreciating the influence of employee benefits on retention rates can give HR professionals the upper hand. Image by Drazen Zigic on Freepik Understanding the Concept of Talent Retention Talent retention refers to a company’s ability to keep its most valuable employees.

Employee Benefits 113

Employee Benefits HR Planning HR Software Retention and Turnover 113

HRExecutive

JANUARY 4, 2024

However, as economic and market conditions change, employers aren’t as singularly challenged by recruiting and retention—which, experts say, could suggest increasing opportunities to strategize for long-term people success. “Companies that will be ahead of this in 2024 are looking at things holistically,” Turner says.

AI Recruiting 135

AI Recruiting HR Software Hiring Software Recruiting Software 135

Insperity

AUGUST 12, 2021

Yet there’s another rising issue with which employers must prepare to contend: post-pandemic employee turnover. According to the 2021 Employee Engagement and Retention Report , commissioned by the Achievers Workforce Institute, 52% of employees in North America will look for a new job in the near future. So, let’s take a closer look.

Retention and Turnover 139

Retention and Turnover Planning Tools Employee Engagement Assessment Software 139