HR Brew

SEPTEMBER 10, 2024

Even as the labor market has cooled, job openings in the US labor and hospitality sector are still higher than most other industries, and as of July the turnover rate stood at 4.2%, nearly double the national average.

AI Recruiting 349

AI Recruiting Recruiting Software Hiring Software HR Software 349

Business Management Daily

FEBRUARY 26, 2024

By keeping track of essential HR metrics like employee turnover rate, time to fill, and recruitment costs — you’ll have a solid grasp of your strengths and top areas for improvement. Your KPIs are your first line of defense for costly issues like high turnover rates and dipping engagement levels. How is that?

HR Planning 98

HR Planning HR Software Hiring Software Retention and Turnover 98

AIHR

JUNE 15, 2020

There are many more metrics that might be interesting for Strategic Workforce Development but the collection mentioned above provides the more common metrics which have proven their worth for this specific process.

Metrics 134

Metrics HR Planning Retention and Turnover Hiring Software 134

Peoplebox

SEPTEMBER 30, 2024

DE&I training is essential and shows that your business is prepared to adapt to the changing times by staying up-to-date and relevant. When staff members are encouraged to participate in the hiring process, they feel appreciated and invested in the company’s success.

Talent Acquisition 52

Talent Acquisition Hiring Software AI Recruiting Video Recruiting 52

PeopleStrategy

NOVEMBER 7, 2023

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. Especially as you work through recognition programs, you can add to them with a review of your organization’s core values and definition of employee engagement initiatives.

Hiring Software 130

Hiring Software Retention and Turnover Recruiting Software Payroll 130

EmployeeConnect

JANUARY 5, 2025

Focus on Employee Experience : Understanding employee needs and experiences is crucial for retention and engagement. By analysing past hiring data, HR can refine their selection criteria, reduce time-to-hire, and enhance the quality of new hires. Reduced Turnover High turnover rates can be costly.

HR Software 147

HR Software Hiring Software Recruiting Software Planning Tools 147

AIHR

MARCH 16, 2023

Innovative recruitment strategies will get your job vacancies seen by the talent you are looking for, and streamline the recruitment process to decrease the time to hire and avoid losing your talent to competitors.

AI Recruiting 144

AI Recruiting HR Software Strategy Hiring Software 144

AIHR

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. For example: ‘Reduce time-to-hire.’

AI Recruiting 106

AI Recruiting Video Recruiting Recruiting Software Hiring Software 106

Hppy

MARCH 8, 2023

Training your recruiters can help them identify and attract high-quality candidates, resulting in better hiring decisions and improved employee performance. Faster time-to-hire. Increased retention rates. Cost savings.

Compliance Training 91

Compliance Training Recruiting Software Training Hiring Software 91

Netchex HR Blog

NOVEMBER 28, 2022

Accordingly, qualitative variables like employee satisfaction are easier to analyze with quantitative data points like numerical surveys and Key Performance Indicators (KPI’s) like turnover. Some KPI’s need to be calculated from multiple data points, like “time to hire” and “offer acceptance rate.” Reporting (Results).

HR Planning 93

HR Planning HR Software Hiring Software Analytics 93

EmployeeConnect

MARCH 23, 2025

Organisations face significant challenges in talent acquisition , employee retention, and workforce development. Advanced Talent Acquisition & Recruitment Tools AI-powered candidate screening : Automates resume parsing and shortlisting, reducing time-to-hire.

HR Software 130

HR Software Hiring Software Planning Tools Recruiting Software 130

AIHR

OCTOBER 20, 2023

Monitoring key metrics like turnover rates, employee satisfaction , and compliance with labor laws in your HR reports allows you and your organization to analyze trends, make data-driven decisions, and adjust strategies and policies accordingly. Key metrics to include are the total headcount, departmental breakdown, diversity metrics (e.g.,

Report 96

Report HR Planning HR Software Hiring Software 96

PeopleStrategy

NOVEMBER 6, 2018

time to hire, source of hire, and offer acceptance rate). Time savings due to HRMS self-service transactions. Improved employee retention (e.g. Reduced employee turnover (how many recruitment campaigns have you NOT run due to the better retention?). Measuring actual ROI. HR productivity KPIs.

HR Software 100

HR Software Hiring Software Staffing Software Recruiting Software 100

EmployeeConnect

AUGUST 25, 2024

It goes beyond basic HR metrics like headcount or turnover rates, delving into patterns, trends, and correlations that can provide actionable insights. By leveraging these insights, HR managers can make more informed decisions about recruitment, retention, employee development, and succession planning.

HR Planning 130

HR Planning Planning Tools HR Software Hiring Software 130

AIHR

JULY 26, 2022

The process ensures that the organization operates with the set budget to hire or retain the correct number of people with the appropriate skills and competencies to achieve its goals. 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

i4cp

MARCH 7, 2023

Open requisitions took more than 40 days to fill, and overall turnover for production staff exceeded 32%, with new hire turnover greater than 100% at some locations. The overall national skilled-labor shortage exasperated this long-time challenge, making operational viability a leadership concern.

Staffing Software 98

Staffing Software Hiring Software Staffing Retention and Turnover 98

AIHR

JUNE 30, 2023

Talent acquisition responsibilities include developing a strong candidate pipeline, developing employer branding , identifying, assessing, and hiring candidates to fill open positions, future resource planning, and diversifying the labor force. Doing this well leads to lower turnover, higher productivity, and increased engagement.

Talent Acquisition 26

Talent Acquisition Video Recruiting Hiring Software AI Recruiting 26

EmployeeConnect

APRIL 30, 2024

Such prolonged time-to-hire periods signify a considerable investment of resources by organisations in securing fresh talent. Efforts to truncate time-to-hire are paramount for enterprises striving to swiftly acquire top-tier talent. Conversely, time-to-fill offers a broader assessment of overall recruitment speed.

Talent Acquisition 130

Talent Acquisition Hiring Software Recruiting Software Talent Experience 130

15Five

MAY 19, 2023

Time-to-hire Time-to-hire refers to the amount of time between when a candidate is sourced and when they accept an offer from your company. This is slightly different from time-to-fill, which refers to the time it takes to hire from the date a new job opening is published.) Let’s change that.

HR Planning 264

HR Planning Metrics HR Software Hiring Software 264

HR Lineup

JUNE 23, 2024

Onboarding and Retention Effective Onboarding: Integrating a large number of new hires into the organization quickly and effectively is challenging. Retention: High turnover rates can negate the efforts of high volume hiring. Retention: High turnover rates can negate the efforts of high volume hiring.

AI Recruiting 98

AI Recruiting Video Recruiting Hiring Software Onboarding Software 98

Hppy

AUGUST 14, 2024

Improve Employee Retention : Use employee engagement and performance data to develop strategies that address retention issues. Predictive Models : Use historical data to predict future hiring needs, employee turnover, and other critical HR metrics.

HR Software 103

HR Software Hiring Software Recruiting Software Planning Tools 103

Sterling Check

APRIL 13, 2022

The January Job Openings and Labor Turnover Report notes that new job openings have surpassed last year’s by 897,000. Unfortunately, hires aren’t keeping pace, leaving a hiring shortfall of 485,000. While time is clearly critical in hospitality hiring, it shouldn’t come at the expense of customer and employee safety.

Hiring Software 70

Hiring Software Onboarding Software Staffing Software Recruiting Software 70

Cisive

OCTOBER 15, 2019

Your workforce strategy must focus on how your efforts will not only raise awareness of your talent brand, but specifically meet the needs of each department for successful staffing and retention. How to Gain Support from Executives for Your Workforce Planning Strategies.

HR Planning 84

HR Planning Workforce Planning Planning Tools HR Software 84

Caliper

JANUARY 30, 2020

The quality of the workforce is reflective of how your employees are rated on their current performance and future potential , whereas the quantity of the workforce measures the numerical impact of new hires, employee turnover, and internal promotions. Do you have a plan in place for turnover?

Planning Tools 69

Planning Tools Hiring Hiring Software Assessment Software 69

Recruiters Lineup

JUNE 24, 2024

Some of these challenges include; High Turnover Rates: This is the greatest obstacle to efficient hospitality and tourism recruitment. In extreme situations, new hires resign due to role conflict or unmatching values with your company’s. As a result, there will be fewer cases of turnovers and rehires due to poor candidate screening.

Recruiting Software 62

Recruiting Software Hiring Software Staffing Software Recruitment 62

HRExecutive

AUGUST 24, 2023

This can lead to better retention and engagement in the long run. Direct sourcing is also quick, helping you find the best people for the job in a timely manner and providing access to larger, more qualified talent pools. This is a critical benefit, as time-to-hire rates have been increasing each year since before the pandemic.

Hiring Software 98

Hiring Software Staffing Software Employer Branding Recruiting Software 98

Sterling Check

SEPTEMBER 25, 2023

Sterling conducted a mid-year survey with our healthcare and life sciences clients to better understand the unique challenges they were facing, and to learn how they were overcoming these obstacles in order to keep up with today’s hiring demands. In our report, we reveal other workforce priorities HR leaders are focusing on.

Report 52

Report Trends Recruiting Software Hiring 52

Pingboard

JULY 7, 2021

Retention . It’s vital to track it accurately since it’s used to calculate so many other HR metrics, such as employee turnover rate. Time To Hire. Time to hire is the average number of days it takes to fill an open position. New Hire Turnover. Voluntary Turnover Rate. Recruitment.

Metrics 52

Metrics Hiring Software HR Software HR Planning 52

Peoplebox

MARCH 12, 2025

TalentReef Overview TalentReef is a specialized recruitment solution for hourly workforce hiring in high-turnover industries. The platform includes location-based hiring features and automated screening based on availability and certifications. What integrations are essential for cloud recruitment software?

Bullhorn 40

Bullhorn Video Recruiting HR Software Recruiting Software 40

Hppy

JANUARY 15, 2025

It extends beyond basic HR metrics (such as turnover rates or headcount) through utilizing advanced tools like machine learning, artificial intelligence, and employee monitoring software to deliver the measurable outcomes. This approach, first of all, proves to enhance hiring decisions.

Hiring Software 91

Hiring Software HR Software Assessment Software Planning Tools 91

HRExecutive

OCTOBER 18, 2023

The organization has also targeted another common driver of turnover—heavy workloads. To boost staffing, the organization leveraged partnerships with more than a dozen colleges and universities, created targeted strategies for challenging hiring in rural communities and tapped technology to facilitate applications.

HR Software 122

HR Software Hiring Software Staffing Software Onboarding Software 122

Hireology

NOVEMBER 24, 2020

Applicant to hire conversion rate. What is the average number of applicants needed to make one hire? Time to hire. How long does it take you to move an applicant through your hiring process from the moment that they apply to the moment that you hire them? Cost per hire. Retention rates and turnover.

Recruiting Software 92

Recruiting Software Hiring Software Aptitude Tests Assessment Software 92

AIHR

JANUARY 31, 2025

It evaluates how well HR is achieving its goals, such as improving employee retention , streamlining recruitment processes, or enhancing training effectiveness. Improved accountability : Clear metrics hold HR teams accountable for achieving specific outcomes, such as reducing turnover or increasing employee satisfaction.

HR Software 98

HR Software Hiring Software HR Planning Video Recruiting 98

Peoplebox

NOVEMBER 21, 2024

You’ll understand which hiring decisions lead to the best outcomes and adjust your strategy accordingly. Understanding why people stay (or leave) through turnover and attrition metrics helps you develop targeted retention strategies that work. Quality of hire is a checkpoint for your hiring processes.

Video Recruiting 52

Video Recruiting AI Recruiting Metrics Recruiting Software 52

HR Daily Advisor

JUNE 20, 2017

For example, do you know which of your recruiting pipelines generates the highest percentage of hires? Do you continue to use data to assess employee productivity, engagement, and retention? What about using and analyzing data to ensure the right staffing levels or to know in advance when to hire new employees?

Analytics 55

Analytics Talent Experience 10KC Retention and Turnover 55

Papirfly

AUGUST 20, 2024

However, when you consider that the average worker changes roles 12 times throughout their career, losing good employees seems like an expensive inevitability. But how do you build an employer brand that can support your ambitious talent retention efforts? No company can realistically achieve a ‘clean sheet’ when it comes to retention.

Employer Branding 52

Employer Branding Hiring Software Onboarding Software Recruiting Software 52

Peoplebox

DECEMBER 26, 2024

Use the data to understand what works and what needs adjustment, helping companies save millions in potential turnover costs. Key Metrics to Watch Here are five essential metrics that define recruitment success: Time to hire The duration between posting a job and securing an accepted offer is called the time-to-hire.

Talent Acquisition 52

Talent Acquisition Hiring Software AI Recruiting Interview Software 52