Vantage Circle

DECEMBER 19, 2023

Employee retention is pivotal for businesses that cultivate a productive and satisfied workforce. This article explores these employee retention metrics. Understanding Employee Retention Metrics In any performance aspect, knowing the barriers to success is half the battle of overcoming them. What are Employee Retention Metrics?

Retention 105

Retention Metrics Human Resource Information Systems (HRIS) Employee Engagement 105

15Five

JUNE 6, 2025

Key takeaways A strategic investment in human resources leads to higher employee retention, stronger succession planning, and a boost in shareholder value. Leveraging HR technology and upskilling HR professionals allows your HR function to scale with your organization. Its people. A growing base of institutional knowledge.

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AIHR

JANUARY 6, 2025

Market-based compensation reviews: Uses industry benchmarks, competitor data, or economic factors to make decisions on compensation adjustments. Making these decisions requires research, benchmarking data, and leadership advice on budgets, investments, growth, and strategy.

Compensation 98

Compensation Benchmarking Benefits Metrics 98

Andrew Chen

SEPTEMBER 2, 2021

Hope you enjoy this one, which was inspired by a convo I had with Gagan Biyani at Maven about when to scale versus not. Questionable product/market fit meets premature scaling. Here’s why it’s so dangerous to scale a product with questionable product/market fit: The Traction Treadmill. The benchmarking is important.

Scaling 73

Scaling Retention Benchmarking Marketing 73

AIHR

MARCH 30, 2021

Retention rate: percent of employees retained over a defined period. You want to have enough candidates to compare to make the right choice unless you hire for that position frequently enough to have a good benchmark. It is a three-step process: Ask the hiring manager: On a scale of 0-10, how much of a fit is this new hire for the job?

Recruitment 137

Recruitment Benchmarking Metrics Onboarding 137

Brian Balfour

FEBRUARY 7, 2017

I recently spoke with Andy as part of a 1 hour interview covering: How he brought a web-first product to mobile Activity notifications, rich push, and other techniques for driving mobile growth and retention Andy’s “Mobile Growth Stack” for 2017 You can watch the full interview here, and check out the truncated text version below.

Retention 62

Retention Benchmarking Metrics Rollout 62

AIHR

JULY 15, 2024

Try this: Include a question in your candidate feedback survey that asks: “On a scale of 0 to 10, how likely are you to recommend our organization to other job seekers?” Compare your company’s candidate experience survey results against industry benchmarks and historical internal data to uncover potential new issues.

Metrics 81

Metrics Recruitment Software Onboarding 81

AIHR

JANUARY 8, 2024

This can give your organization valuable insight into retention, which is just one of the reasons why you should regularly conduct employee commitment surveys. Boost retention : Commitment and retention are linked. Why measure employee commitment?

Retention 111

Retention Scaling Benchmarking Inclusion 111

AIHR

JANUARY 11, 2022

Employee retention rate 3. UWES & Gallup Scales. To calculate employee turnover, use the below formula: You can access this report by SHRM to gain some industry benchmarks of what a good turnover rate looks like, depending on your industry and role. Employee retention rate. How do you measure employee engagement?

Employee Engagement 98

Employee Engagement Metrics ROI Retention 98

AIHR

JULY 19, 2022

This involves answering questions on a scale of 1 to 10 in a survey. Retention rates. The employee retention rate refers to the percentage of employees who stayed with the business during a given period. If the retention rates are high, it means their efforts have a positive effect on the company. Absenteeism rate.

Metrics 138

Metrics Retention Employee Engagement Diversity 138

AIHR

NOVEMBER 28, 2023

Enthusiastic employees have higher wellbeing, better retention, lower absenteeism and higher productivity. A morale rating scale can be effective here, allowing employees to rate their satisfaction on a numerical scale. They provide a benchmark to measure progress and understand the impact of new policies or initiatives.

Scaling 119

Scaling Compensation Inclusion Diversity 119

AIHR

DECEMBER 5, 2024

Its current score on a 10-point scale is 6.2, Monitoring employee engagement: Metrics such as engagement survey scores or turnover rates signal morale and satisfaction, which impact retention and organizational performance. Its current score is $500,000, and the target for this KPI is $400,000. and the target for this KPI is 7.5

KPI 98

KPI Metrics Recruitment Employee Engagement 98

AIHR

APRIL 22, 2025

AI in goal-setting AI algorithms can review past performance and industry benchmarks, and use company goals to propose KPIs and employee targets, while generative AI can draft initial goal statements and measure progress. Conduct pilot testing Test AI tools on a small scale with a team experienced in AI.

Performance Management 102

Performance Management Manager Performance Review Metrics 102

AIHR

MARCH 26, 2025

An HR roadmap ensures HRs initiatives support key business objectives like scaling operations, improving profitability, or enhancing employer branding. 7 reasons why your organization needs an HR roadmap A well-structured HR roadmap is the foundation of a resilient and forward-thinking workforce strategy. GET STARTED 4.

Digital Transformation 59

Digital Transformation Compliance Employee Engagement Metrics 59

15Five

APRIL 17, 2025

Effective managers boost engagement, drive retention, and lead high-performing teams. When evaluating the effectiveness of manager onboarding, its helpful to have organizational benchmarks for leadership success so you know what youre measuring against. Manager effectiveness is one of the most strategic investments HR leaders can make.

Onboarding 80

Onboarding Manager Metrics Retention 80

AIHR

APRIL 14, 2025

This model helps establish a benchmark for future candidates. Benefits for organizations For companies, predictive analytics can shorten the time to hire , improve the employee retention rate , and cut hiring costs. This has led to a 15% improvement in teller retention and a 12% improvement in personal banker retention.

Recruitment 64

Recruitment Implementation Retention Benchmarking 64

15Five

APRIL 16, 2024

However, onboarding the wrong software can result in wasted resources and a minimal impact on key engagement metrics such as retention, absenteeism, and turnover. Sizability and scale Assess how well the tool will scale in your organization. Is there a compensation management tool ?

Employee Engagement 98

Employee Engagement Software Onboarding User Experience 98

15Five

MAY 19, 2023

(It’s also helpful to reference when asking for support on programs to boost retention. Employee engagement is critical to productivity, performance, and retention, and can be tied directly to business profitability. But it’s also important to track employee retention overall. 59% rated themselves as inadequate or fair.)

Metrics 105

Metrics Retention Recruitment Revenue 105

AIHR

AUGUST 15, 2024

This encourages a positive workplace culture, which leads to improved employee morale and retention. Plan for organizational growth: Always consider how the HRBP model will scale with the organization’s growth. The report also includes a benchmark of your model against other companies. So where is it going wrong?

Implementation 98

Implementation Operations Digital Transformation Administration 98

15Five

JANUARY 18, 2024

I feel like we’re constantly losing people”) into hard facts you can compare to industry benchmarks (e.g. Since employee retention is part of HR’s responsibilities, calculating and managing turnover rates falls on them, too. Don’t try and implement them all fully at once; try one or two and scale up as needed.

Retention 98

Retention Performance Management Onboarding Compensation 98

AIHR

FEBRUARY 1, 2024

Objectives • Attract top talent • Improve employee satisfaction • Align pay and benefits to performance and outcomes • Strive for fairness and transparency • Reduce churn rate / increase retention. When it comes to compensation metrics , accurate data is essential for benchmarking the competitiveness of your packages.

Compensation 111

Compensation Manager Compliance Benchmarking 111

AIHR

APRIL 26, 2022

This means that key results can be measured on different scales (e.g. Move compensation to 70% of the industry benchmark. Become a sticky employer (improve employee retention). Employee Retention. Increase employee retention from 60% to 65%. from 0 to 1.0, In the example from Atlassian below, a 0.7

KPI 145

KPI Human Resources Employee Relations Retention 145

BetterUp

SEPTEMBER 7, 2022

People teams need to access and leverage data to help overcome workforce challenges around retention, well-being, and upskilling, all amid a rapidly shifting and unpredictable business environment. Connecting Workday to BetterUp removes the guesswork and administrative burden of rolling out resources to your people at scale.

Scaling 52

Scaling Account Management Metrics ROI 52

AIHR

FEBRUARY 9, 2021

HR analytics and people analytics often include employee vacation data, sick leave, salary benchmarks, etc. Talent analytics allows for this to be organized on a large scale. You can conduct various analyses under this category, including team analytics, job-fit studies, and internal and external benchmarking.

Metrics 91

Metrics Benchmarking Retention Leadership Development 91

AIHR

MAY 7, 2025

From reducing recruitment costs to using AI for talent retention, HR hard skills are powerful tools that directly impact your companys bottom line. How to build it: Regularly read industry reports and conduct competitor benchmarking. How to build it: Understand record retention policies and best practices for data management.

Onboarding 87

Onboarding Compliance Human Resource Information Systems (HRIS) Recruitment 87

AIHR

JANUARY 15, 2025

The purpose of an HR maturity model is to offer a benchmark for organizations to evaluate their HR functions effectiveness and alignment with business objectives. Use metrics like employee engagement scores, retention rates, or the ROI of training programs to build a compelling case for leadership investment.

Compliance 52

Compliance Benchmarking Employee Engagement Retention 52

Vantage Circle

MARCH 23, 2025

Industry benchmarks and Budget allocation for Organizations. When a recognition and reward (R&R) program is structured well, it becomes a strategic tool that drives engagement, retention, and overall business success. Improved Retention One of my colleagues was working with an organization a few years ago. Let me explain.

Metrics 59

Metrics Benchmarking Retention ROI 59

Growth Hacker

SEPTEMBER 30, 2022

While for most departments, this basically means analyzing historical data, reverse engineering results, gathering learnings and scaling what's already known inside their scope of actuation. Horizontally: means the team includes all growth levels in their scope of actuation: acquisition, activation, retention, revenue, and referral.

KPI 96

KPI Revenue Reorganization Onboarding 96

Andrew Chen

JANUARY 9, 2020

1) cohort retention curves that flatten (stickiness). It’s not unusual for a startup to have “meh” retention. But then usually, team says it will improve retention via better activation, lifecycle marketing, improving product features, etc. However, as you scale, each cohort gets worse. It’s tough.

Marketing 110

Marketing Retention B2B Scaling 110

AIHR

JUNE 7, 2022

Employee retention metrics are also crucial in this area, and these metrics often intersect with wellbeing metrics. Consider questions (rated on a scale from 1 to 5 or 10) like: My company provides clear information about the overall wellness offerings. My organization’s wellbeing initiatives suit my needs well.

Metrics 144

Metrics Employee Engagement Insurance Benefits 144

AIHR

MARCH 27, 2025

Fair pay and benefits , essential to frontline engagement, are often dismissed as “hygiene factors” rather than recognized as fundamental drivers of motivation and retention. Fostering meaningful engagement requires HR teams with the right skills to design, implement, and sustain impactful people strategies at scale.

Employee Engagement 64

Employee Engagement Retention Staffing Compensation 64

Vantage Circle

MARCH 19, 2025

Maybe you have already started working on building a thriving culture that fuels collaboration, productivity, and retention. Because culture impacts everything, from retention and engagement to innovation and overall business performance. Source: Vantage Pulse Pros: Cost-effective: Easily distributed at scale with minimal expense.

Metrics 59

Metrics Implementation Inclusion Retention 59

AIHR

NOVEMBER 1, 2024

An HR benchmark survey of over 2,000 small businesses showed that the fastest-growing companies were 20% more likely to embrace HR best practices. Reducing operational costs : HR best practices focus on improving employee productivity , efficiency, and retention. What do HR best practices entail, and why are they so important?

Human Resources 98

Human Resources Compensation Employee Engagement Human Resource Information Systems (HRIS) 98

Vantage Circle

JANUARY 29, 2024

Employee commitment survey benefits Employee surveys provide metric-driven insights to maintain an engaged, fulfilled workforce, supporting retention , productivity, and business results. Retention risks: By analyzing survey data, you can predict which employees are at high risk of leaving, so proactive retention measures can be taken.

Benchmarking 59

Benchmarking Metrics Employee Engagement Scaling 59

AIHR

APRIL 28, 2023

Employee engagement: Research shows that employees who receive regular feedback and recognition are more engaged and motivated, contributing to higher job satisfaction and retention. It typically consists of several performance dimensions or factors that are relevant to the employee’s role and rated on a scale.

Scaling 98

Scaling Employee Engagement Implementation Onboarding 98

AIHR

JANUARY 25, 2022

Employers realized that encouraging a healthy work and life balance leads to a productive team and excellent employee retention. Helping reduce voluntary turnover and improve retention. This is also known as salary benchmarking. Promoting team wellness. Employees who feel well compensated are less likely to leave.

Compensation 126

Compensation Benefits Human Resources Retention 126

AIHR

FEBRUARY 19, 2024

These metrics cover a wide range of areas, including recruitment, retention, training, employee satisfaction, performance, and productivity. This allows HR to justify investments in employee development and retention strategies by demonstrating potential cost savings and ROI. HR metrics examples in recruitment and retention 1.

Metrics 105

Metrics Recruitment Human Resources Revenue 105