article thumbnail

HR’s Guide to Analyzing and Lowering Attrition Rate

Analytics in HR

Difference between attrition and turnover Types of attrition Factors impacting attrition How to calculate employee attrition rate The risks of high attrition rate for the business How to identify and analyze a high attrition rate HR strategies for reducing attrition rate What is attrition rate? These include: Employee retention rate.

article thumbnail

Learning New Staffing Strategies Requisite for HR Professionals

PCS

By doing this, it will be possible to produce reports and workable insights like accurate lists of personnel, identify skill disparities, and find potential leaders as part of classifying critical positions in the company. Likewise, employee retention has a vital role in a company’s success. Do Continuing Research.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Is the HR Accountable for Mass Layoffs?

Keka HR Blog

“Too often, they’re done for short-term gain, but the cost savings are overshadowed by bad publicity, loss of knowledge, weakened engagement, higher voluntary turnover, and lower innovation, which hurt profits in the long run,” write Sandra J. Your knowledge of it could have prevented mass hirings. and General Motors Co.,

article thumbnail

24 Best Employee Engagement Software Platforms

Semos Cloud

Therefore, employers are realizing that their priorities lie in preventing employee turnover and increasing employee engagement. High employee turnover . On the other hand, employee turnover is very costly in terms of lost time and resources. Workable – Best Solution for Enterprise Businesses .

article thumbnail

Best job ad examples from the Workable job board

Workable

To inspire you, we dove into the Workable job board to identify some of the best job ad examples that are currently out there. 8 of the best job ad examples from the Workable job board: If you want to promote your company culture. But writing one is no easy feat.

article thumbnail

Is the HR Accountable for the Mass Layoffs?

Keka HR Blog

“Too often, they’re done for short-term gain, but the cost savings are overshadowed by bad publicity, loss of knowledge, weakened engagement, higher voluntary turnover, and lower innovation, which hurt profits in the long run,” write Sandra J. Your knowledge of it could have prevented mass hirings. and General Motors Co.,

article thumbnail

The Top 10 Strategic HR and TA Metrics That CEOs Want to See

Visier

In addition to the performance improvement percentage of new hires, this measure can be augmented with new-hire retention rates and the percentage of diversity hires in key jobs. However, weigh your turnover by their performance because losing top performers is much more expensive. So, put a weight (i.e.

Metrics 225