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Performance Review Template & Guide [FREE Download]

AIHR

Only 30% of employees believe that performance reviews at their organization are fair and equitable. What’s more, 70% of organizations are reconsidering how they manage performance. DOWNLOAD FREE TEMPLATE Contents What is a performance review?

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11 Important Employee Relations Metrics To Track

AIHR

Benchmarking : Compare turnover rates with industry standards to assess whether your rate is above or below average. Retention rate of top performers Why it’s important : Retaining top performers is critical for maintaining a competitive edge and ensuring continued organizational success.

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What Is Compensation Management and What’s HR’s Role in it?

AIHR

When it comes to compensation metrics , accurate data is essential for benchmarking the competitiveness of your packages. You’ll also have access to insights and intelligence via real-time analytics and benchmarking data to help you build a competitive, market-aligned compensation management plan.

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5 Steps to Choosing the Right Employee Engagement Software for Your Business

15Five

For example, does the solution offer employee engagement features, such as performance reviews ? In the demo or trial period, include relevant stakeholders from across the organization to gather diverse perspectives on how well the software operates in your business ecosystem. Is there a compensation management tool ?

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25 Workforce Management Metrics You Should Track

AIHR

This can be assessed through surveys, feedback, and behavior metrics using tools like pulse surveys , stay interviews , performance reviews , and focus groups. It established 200,000 as the benchmark to represent the total hours 100 employees would log in 50 weeks, based on a 40-hour work week. Other metrics (e.g.,

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The Best Companies To Work For Now Focus On Human Potential And Leadership Effectiveness

15Five

An organization can use their values to amplify their Diversity and Inclusion efforts. This new generation performs at their peak when given flexibility, feedback and growth opportunities. Successful companies are now trading annual performance reviews for more regular feedback and performance conversations.

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13 Tried-and-Tested DEI Initiatives To Implement [in 2023]

AIHR

DEI initiatives (diversity, equity and inclusion) are essential to creating a modern and equitable employee experience, and younger generations are more actively seeking to work with organizations who take DEI seriously and build it into their culture. DEI initiatives focus on implementing diversity, equity and inclusion in the workplace.