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How to Identify Future Leaders with Talent Analytics

AIHR

Benefits of talent analytics for identifying future leaders Useful talent analytics metrics. HR analytics and people analytics often include employee vacation data, sick leave, salary benchmarks, etc. You can conduct various analyses under this category, including team analytics, job-fit studies, and internal and external benchmarking.

Metrics 91
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10 HR Tech Trends Driving Workplaces Forward in 2021

Vantage Circle

Vanity metrics like social media followers and website visits do not move your business forward. If a company’s culture is toxic or frustrating, the amount of money going into their bank account every pay period may be irrelevant to your staff. Teams will focus on giving employees a sense of purpose and less on vanity metrics.

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Using the W Framework to build your growth strategy

Growth Hacker

Example 1: the company might be going through a fundraising moment, and the metric that will guide the entire narrative is expansion, so this should become the highest priority for everyone. For a growth team, this means deciding what focus (or Objectives and Success Metrics) they will tackle for the next four quarters.

KPI 96
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What is Voluntary Turnover? Definition, Causes, and Calculation

AIHR

Voluntary turnover is an HR metric referring to an employee’s departure based on their own decision rather than the employer’s decision. Another metric is total turnover, which includes all the employees who have left in a certain period of time for any reason. You can do this by measuring against industry benchmarks.

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18 Benefits of HR Analytics For Your Business [With Examples]

AIHR

HR analytics involves collecting data and key metrics on your workforce and organization to gain valuable insights and better understand their effectiveness. One example of this is when PNC bank’s HR team used HR analytics to better understand the risk of their incentive plans. Supporting your DEIB goals 17. What is HR analytics?

Benefits 111
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Data Literacy: An Essential Skill for HR Professionals

AIHR

BBVA is a US banking franchise focusing on commercial banking, retail banking, and wealth management. They benchmarked their employee turnover to other banks, discovering that they had an above-average turnover in some key roles. We refer to this dimension as analytics translation.

Banking 59
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Human Capital Management (HCM) Software For Enterprises In 2022 & Beyond

Walk Me

Software managers can add and monitor specific goals and record the employee’s benchmarks to show their progress. HCM software is a valuable analytics source, using metrics to advise recruitment, employee performance, and staff turnover. The best HCM software makes metrics and analytics accessible to see and use.