Remove Benchmarking Remove Compensation Remove Staffing Remove Succession Planning
article thumbnail

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

AIHR

Here are links to three of them: Case Study 1 : Key Drivers of Retail Sales Performance Case Study 2 : Reducing Workplace Accidents Using People Analytics Case Study 3 : How We Determined Optimal Staffing Levels Key HR metrics HR metrics are essential data points for tracking human capital and measuring the value of HR initiatives.

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.

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

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

Employee Attrition: Meaning, Impact & Attrition Rate Calculation

AIHR

Common reasons for leaving include low compensation, poor work-life balance, lack of recognition or career development, poor management, and a hostile work environment. “Data-driven approaches can help companies determine what’s causing employees to leave, whether inadequate compensation, lack of growth opportunities, or culture issues.

article thumbnail

Strategic Workforce Planning 101: Framework & Process

AIHR

However, if staffing costs between departments are equal, product line B is much more profitable than product line C. Compensation & benefit analysis Compensation and benefits data is structured, accurate, and directly related to bottom-line performance. FAQ What is strategic workforce planning?

Revenue 79
article thumbnail

12 Types of HR Reports For Better Business Decisions [+ Free HR Board Report Template]

AIHR

An HR report provides critical insights that enable HR professionals and organizational leaders to make informed decisions about their workforce related to recruitment , training, compensation, and resource allocation. The answer to this seemingly basic question is crucial for resource allocation and strategic planning.