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How To Calculate Your Organization’s Turnover Rate

15Five

Recurring events: When turnover rates change the same way at the same time year after year, you likely have a recurring trigger. Bureau of Labor Statistics is a great resource for benchmarking. If you’re concerned about your organization’s turnover rate, recognizing patterns is the first step to figuring out what’s going on.

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Employee Experience Strategy: Build Yours in 11 Steps

AIHR

The strategy takes into account the full employee lifecycle, from recruitment and onboarding to daily work experiences, career development, and offboarding. For example, an onboarding employee experience strategy is designed to ensure that new hires feel welcomed, informed, and prepared to succeed in their new roles.

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19 Culture Metrics To Track When Measuring Company Culture (in 2024)

AIHR

Climate, however, refers to a company’s current mood, and fluctuates much more based on current events and pressure on the business. Onboarding satisfaction Onboarding satisfaction metrics evaluate how new employees perceive their onboarding experience. You can even create a DEI dashboard for your organization.

Metrics 91
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Recruitment ROI Explained Plus How To Calculate It (in 2024)

AIHR

To calculate ROI, you’ll need to add up the costs associated with the recruitment process, including advertising job openings, recruiter fees, hiring staff hours, and onboarding and training expenses. Different benchmarks list various time-to-hire averages.

ROI 59
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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 attend industry events and conferences. Onboard: Facilitate the onboarding process for the new hire, including orientation and paperwork.

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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. Effective use of your (future) talent.

Staffing 140
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Talent Acquisition Analytics: Why You Need It & 5 Tips For Success

AIHR

Talent acquisition analytics—also known as TA analytics—refers to the process of analyzing candidate and recruitment data and discovering unique insights that can help you make evidence-based decisions in your recruiting and onboarding processes, improve your hiring journey, and ultimately, meet business objectives.