Long employee tenures are no longer the norm within today’s offices. We don’t expect employees to stay with organizations for ten, fifteen, or twenty years as was the goal for previous generations. But, we should still be concerned about the retention of employees and new hire turnover. Constant turnover has a high cost for […]
Tag: HR metrics
Many aspects of the employee lifecycle can impact new hire turnover. Both HR and talent acquisition teams should focus on this metric.
HR metrics are important for supporting effective HR practices. The right metrics will provide indications when the HR team is effectively performing or if there are opportunities for improvement. KPI’s can then be built on those metrics. Time-to-hire is a valuable metric for measuring the success of recruitment functions. It measures the number of days […]
Diversity continues to be an important topic for HR and business leaders. We all know the importance of having a diverse workforce. It brings a diversity of thought, which positively impacts the company’s bottom line. But, diversity is not effective without inclusion. Individuals will not contribute their opinions if they do not feel included and […]
Employees referrals are still the preferred method for hiring top talent. Referrals are typically higher quality and are more likely to acclimate quickly to the organization’s culture. Additionally, hiring referrals is cheaper since less time is spent sourcing and screening. Onboarding is shortened as well since they already have a buddy in the company. […]
Data visualization can be the tool HR needs to be a strategic business partner