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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.

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The 7 best HR analytics software options for today’s workforce

Business Management Daily

After doing a little digging, you discover that most of your turnover occurs during the first 3 months of employment, so you need to take an in-depth look at your onboarding process. They’ll also provide actionable insights into your employee experience, engagement levels, retention rates, onboarding, recruitment, and employee performance.

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Essential Tools for Modern HR Departments: Boost Efficiency and Streamline Processes

Hppy

Popular Applicant Tracking Systems Some of the popular ATS tools include Workable, Lever, BreezyHR, and Zoho Recruit. Performance management tools help HR departments quickly and accurately evaluate employee performance metrics, leading to efficient planning and development.

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Best HRIS systems for small businesses

HiBob

Workable Workable’s HRIS platform helps small businesses to find, hire, onboard, and manage their people. Workable lets businesses create custom workflows to onboard new joiners and manage team members’ requests. Hiring teams can also collaborate on a single platform to evaluate applicants and make decisions.

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How can AI support your RTO efforts? Check our strategy

Workable

Predictive analytics provide HR professionals with valuable insights into workforce dynamics, employee engagement, and potential turnover risks. This data-driven approach enables the identification of skill gaps and informs strategic planning for upskilling and reskilling initiatives.

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10 formulas to help calculate the ROI of HR initiatives

Workable

Through people analytics, HR teams can gain valuable insights into employee productivity, engagement, retention and performance that can positively impact the organization’s bottom line – and then implement action plans to improve those areas because they’re now tangibly tied to revenue. Try our reports 2.

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What is human capital management – and how do you strategize it?

Workable

Find out with Workable, the world's leading ATS. By leveraging data, organizations can make informed decisions about workforce planning, training and development, and compensation and benefits. Employee satisfaction and retention Surveys and assessments can provide valuable insight into employee satisfaction and retention rates.