Remove Benchmarking Remove Compensation Remove Retention Remove Staffing
article thumbnail

How Much Paid Time Off (PTO) Is Enough?

Zenefits

PTO matters in multiple ways, including retention, recruiting, mental health, and performance. Offering PTO and ensuring employees use it increases loyalty and retention. Less regulation, which could lead to unexpected staffing shortages. Similarly, a review of timesheets by QuickBooks showed employees get 10.7 Why PTO matters.

article thumbnail

How To Set Your Recruitment Goals In 2024

AIHR

Talent retention : For example, improve employee retention rates. Enjoy steady progress: Consistent goal setting and measurement of outcomes provide you with benchmarks to track progress, assess the effectiveness of your recruitment strategies , and tackle areas for improvement. The outcome? Assess departmental needs.

Insiders

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

What Is Human Resources?

AIHR

As a department, it is responsible for managing HR activities from recruitment and onboarding, compensation and benefits, learning and development, performance management, and employee relations to separation or retirement. The goal is to ensure the company is adequately staffed with the right people to avoid surpluses or shortages.

article thumbnail

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

AIHR

With the attrition drivers identified, Under Armour was able to make improvements to its employee retention efforts with enhanced people strategies , including incentives and rewards. However, certain circumstances may require incorporating external benchmarking data. Ideally, it should also be integrated with a reporting system.

article thumbnail

ERGs Have Exploded Since Covid Hit. Here’s How To Make Them Successful

Chief Executive

companies with ERGs increased by 9% last year, meaning that 40% of companies now have some form of ERGs, according to a benchmarking survey by Sequoia Consulting Group. We tie compensation to how our leaders and executives perform related to our culture, and we have tools in place to seek 360-degree feedback from employees and peers.”.

article thumbnail

Chief Talent Officer: Everything To Know About This Role

AIHR

Liaising with the management team, the chief talent officer sets the strategic vision and priorities for the company’s staffing operations. The chief talent officer creates processes to optimize hiring, build relationships for candidate pipelining and succession planning, and manage short and long-term staffing requirements.

article thumbnail

Headcount Planning: An HR Practitioner’s Guide

AIHR

Mapping out a strategy of all the positions you need to hire and the recruitment expenses that go with it (job ads, staffing agency fees, onboarding costs) enables you to make an informed decision in planning your budget to account for your staffing requirements. Put your headcount reporting in order.

Staffing 126