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Employee Retention Metrics: Measuring the Key to a Thriving Workforce

Vantage Circle

Companies with data-driven PeopleOps teams use a range of metrics to gauge their success in retaining their workforce. This article explores these employee retention metrics. We’ll look at key metrics to track, as well as calculations, best practices, case studies, and more. What are Employee Retention Metrics?

Metrics 105
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Recruitment ROI Explained Plus How To Calculate It (in 2024)

AIHR

Recruitment ROI is an important metric that lets HR professionals calculate if their recruitment process is adding value to an organization — or costing it more money than each new hire is worth. Learn more 21 Recruiting Metrics To Track Why should HR track recruitment ROI? Different benchmarks list various time-to-hire averages.

ROI 57
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How To Set Your Recruitment Goals In 2024

AIHR

Recruitment and talent acquisition goals are important for setting the agenda and prioritizing initiatives related to improving HR’s processes for attracting, hiring, and onboarding high-quality candidates. Use metrics to evaluate your past performance. The outcome? A more competitive and effective recruitment process.

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Sourcing vs. Recruiting: The Key Differences and Processes Explained

AIHR

In the Employ’s Quarterly Insight’s report , benchmark data indicates that one-third of the time spent hiring is on sourcing, regardless of how fast the hiring process is. They can easily search for candidates in this talent pool, so they don’t have to spend money and effort on advertising and job boards.

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What is HR Analytics? All You Need to Know to Get Started

AIHR

Importance of HR analytics HR analytics examples Key HR metrics Data analytics in HR: How to get started How to transition from descriptive to predictive and prescriptive analytics in HR HR analytics certification FAQ What is HR analytics? Contents What is HR analytics? What is HR analytics used for?

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A Full Guide To the Human Resources Specialist Role

AIHR

This could also include collaborating with hiring managers to develop applicant criteria, conducting onboarding, helping resolve labor issues, and developing training materials, to name a few. This requires HR professionals to make decisions based on data and metrics. Prepare onboarding kits for new hires. for training.

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The Recruitment Funnel: A Comprehensive Guide

AIHR

Adopt programmatic advertising : This enables you to target your ideal candidate based on demographics. It is recommended to have 3 interview rounds as your benchmark. Once your candidate has accepted the offer and signed, communicate the next steps in your onboarding process. How is the recruitment funnel calculated?