AIHR

JUNE 13, 2023

Because sales compensation plans play a vital role in attracting and retaining top sales talent, HR needs to know how to design a competitive and appealing compensation structure that offers attractive incentives and rewards to drive performance and sales results. Contents What is sales compensation?

Compensation 105

Compensation Sales Sales Metrics 105

AIHR

MAY 31, 2023

Knowing how to calculate the promotion rate and benchmark your internal promotion rate against competitors allows businesses to understand how well they are promoting from within and pinpoint areas where promotion policies and practices could be improved. SHRM’s benchmarking report states that the average promotion rate is 6%.

Metrics 98

Metrics Benchmarking Employee Engagement Performance Management 98

AIHR

MAY 26, 2021

Essentially, an HR audit is an opportunity to tighten up processes so that aspects like recruitment, retention, onboarding, training, salary and compensation, payroll, and performance management all get the attention they need. This can support recruitment and retention efforts and also avoid complaints. Records retention.

Compliance 98

Compliance Compensation Human Resources Recruitment 98

AIHR

JULY 31, 2023

Used as a model, a staffing plan is a detailed illustration of the organization’s talent pool. It highlights the roles needed in each business unit, the required skills and competencies, succession planning, staffing budget, and ongoing development.

Staffing 98

Staffing Recruitment Succession Planning Metrics 98

AIHR

OCTOBER 20, 2023

Key metrics and performance indicators: An overview of key metrics such as turnover and retention rates, progress on diversity and inclusion goals, employee engagement scores, and compensation metrics. What to include in the report Turnover and retention rates : Analysis of the overall employee turnover and retention rates.

Recruitment 96

Recruitment Metrics Compensation Inclusion 96

AIHR

MAY 24, 2022

Employee retention rate. Employee retention rate shows the number of employees who remain in an organization over a set period compared to the total number of employees who worked there during that time. Why should you measure HR effectiveness? What is it? Absenteeism rate. What is it? Was the cost worth it?

Metrics 98

Metrics ROI Recruitment Retention 98

AIHR

SEPTEMBER 13, 2023

Chief Talent Officer Salary : $237,000 – $436,000 Job description The Chief Talent Officer manages the recruitment, development, and retention of executives and business leaders in an organization. Strategic thinking: Develop executive talent management and retention strategies.

Compensation 105

Compensation Human Resources Recruitment Administration 105

AIHR

SEPTEMBER 7, 2023

With this information at hand, HR can address the skills gap through upskilling , reskilling , L&D investments, succession planning and other methods that we will discuss later in this article. Chipotle’s employment retention rate is 3.5 times higher among crew members who are enrolled in the program.

Benchmarking 98

Benchmarking Recruitment Accounts Operations 98

AIHR

OCTOBER 26, 2023

Succession planning Succession planning involves a strategic PDP focused on developing employees to fill key business leadership positions in the future. It ensures that employees are prepared to take over critical roles, preventing leadership gaps and ensuring business operations continuity when leaders leave.

Implementation 105

Implementation Onboarding Benefits Travel 105

AIHR

FEBRUARY 27, 2024

It offers a complete suite of HR applications to improve the employee experience and is focused on strategy and planning. How to get the most out of your HRIS data Beyond easier workforce administration, HR departments can (and should) leverage their HRIS data to create more proactive talent management and retention strategies.

Human Resources 98

Human Resources Human Resource Information Systems (HRIS) Software Implementation 98

AIHR

FEBRUARY 28, 2024

With the attrition drivers identified, Under Armour was able to make improvements to its employee retention efforts with enhanced people strategies , including incentives and rewards. However, certain circumstances may require incorporating external benchmarking data. For this reason, you need to start with the end goal in mind.

Human Resources 124

Human Resources Human Resource Information Systems (HRIS) Metrics Recruitment 124

AIHR

MAY 1, 2025

Promoting from within: A solid upskilling and reskilling strategy helps identify top performers and boosts internal mobility , increasing retention and engagement. Use metrics that show not just course completion but also improved performance, retention, and growth. Such events offer access to expert insights and industry benchmarks.

Software 52

Software Retention Workflows Recruitment 52

LSA Global

MARCH 24, 2025

Effective business simulations run on five core principles: Competition and Gamification Learner engagement increases learning success. Traditional training methods often struggle to keep participants involved, leading to low retention rates.

Benchmarking 41

Benchmarking Retention Succession Planning Leadership Development 41

Harvard Business Review

MARCH 20, 2018

Entry-level employees learning the ropes garner more than their share of managers’ time, and those transitioning toward retirement pull executives’ focus by necessity as they work to develop succession plans. What about the wide swath of employees who are in the middle of their careers?

Media 15

Media Succession Planning Benefits Benchmarking 15

AIHR

OCTOBER 1, 2024

These metrics also enhance the employee experience by preventing overwork, boosting satisfaction, and improving retention. Tracking this metric can highlight areas where improvements are needed, such as communication, benefits, or work environment, which ultimately enhances retention and engagement.

Metrics 52

Metrics Manager Staffing Recruitment 52

AIHR

AUGUST 3, 2023

Tracey Power, Chief People Officer at a talent solutions company Vaco , points out the negative consequences of employee attrition: “Employee attrition can impact strategic plans due to a lack of skills to deliver on projects or key initiatives. Continue learning Attrition vs Retention: What’s the Difference?

Reorganization 98

Reorganization Compensation Retention Recruitment 98

AIHR

MAY 17, 2022

For example, a DEI dashboard can show you the status of your workforce in areas including: gender, age, race and ethnicity, salary data, retention rates, neurodiversity, and more. A DEI dashboard can help HR leaders improve their recruiting, hiring, and retention practices, treat all employees fairly and build a more diverse workforce.

Inclusion 98

Inclusion Metrics Diversity Cash Flow 98

AIHR

JULY 31, 2023

Through workforce planning, talent management, succession planning, and applying other HR best practices , HR professionals ensure that the organization has the required talent to keep operating and meet its long-term goals. Executes effective talent acquisition processes to hire the best talent for the right position.

Human Resources 91

Human Resources Recruitment Onboarding Compensation 91

AIHR

JUNE 30, 2021

Overall, investing in employee career development and succession management programs help you improve employee retention. A successful succession management model ensures a smooth transition in times of leadership changes and enables organizations to transfer knowledge from one generation of leaders to the next.

Manager 60

Manager Succession Planning Recruitment Onboarding 60

AIHR

DECEMBER 12, 2024

These benefits include: For the employer Enhanced retention: Investing in individual growth and aligning personal goals with organizational needs can help improve employee retention. More support for succession planning: Preparing employees for future roles and leadership positions can boost your companys succession planning efforts.

Retention 98

Retention Succession Planning Metrics Implementation 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. productivity, satisfaction, or retention). employee productivity, retention, satisfaction, and engagement rates).

Performance Management 102

Performance Management Manager Performance Review Metrics 102

AIHR

NOVEMBER 21, 2024

Informs employee training and development needs, succession planning, and leadership development. Some common instances that call for a competency model are with succession planning , leadership development, recruitment and selection, and training and development programs. Output is usually a competency framework.

Recruitment 98

Recruitment Succession Planning Job Analysis Rollout 98

AIHR

DECEMBER 17, 2024

This also helps in succession planning , as it identifies employees who could be potential successors. Career planning: A leadership competency model can provide employees with a clear, detailed path to progression. This makes their career growth journey easier, which can boost motivation and performance and increase retention.

Succession Planning 98

Succession Planning Leadership Development Manager Implementation 98

AIHR

MARCH 13, 2025

Results: Measurable outcomes that track success, such as retention rates, engagement levels, and diversity benchmarks. Track success through retention rates and surveys. Use HR analytics to track progress Use HR data tools and analytics to measure employee wellbeing, retention, satisfaction, and engagement KPIs.

Strategic Planning 69

Strategic Planning Retention Employee Engagement Diversity 69

AIHR

DECEMBER 5, 2024

Monitoring employee engagement: Metrics such as engagement survey scores or turnover rates signal morale and satisfaction, which impact retention and organizational performance. Attainable : Companies can reasonably influence this metric through internal development programs, mentorship, or succession planning.

KPI 98

KPI Metrics Recruitment Employee Engagement 98

AIHR

MARCH 26, 2025

Improving employee experience and retention through structured HR initiatives A well-defined HR roadmap helps organizations create a positive employee experience by implementing initiatives that drive engagement, career development, and workplace satisfaction. Help your team grow together to drive lasting business impact! GET STARTED 4.

Digital Transformation 59

Digital Transformation Compliance Employee Engagement Metrics 59

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

AIHR

APRIL 23, 2025

This boosts morale, teamwork, and retention while encouraging curiosity and adaptability. Smoother onboarding: A good plan speeds up integration and gives new hires clarity and direction, making early engagement stronger and transitions smoother. Why use an employee training plan template?

Compliance 52

Compliance Onboarding Rollout Retention 52

AIHR

JANUARY 31, 2025

They analyze HR data, identify trends, and provide insights that improve processes like recruitment, retention, and employee engagement. Monitor workforce trends : Identify patterns in hiring, productivity , or retention to recommend improvements. Draw analysis-based conclusions and collaborate on innovative solutions.

Human Resources 78

Human Resources Human Resource Information Systems (HRIS) Compliance Metrics 78

AIHR

FEBRUARY 17, 2025

Provide examples of acceptable and unacceptable behaviors, along with performance benchmarks. AIHRs Talent Management and Succession Planning Certificate Program will equip you with strategies to manage employee performance and development, and best practices in talent management, legal compliance, and effective communication.

Compliance 52

Compliance Onboarding Accounts Benchmarking 52

AIHR

FEBRUARY 10, 2025

Enhances employee development: They pinpoints strengths and weaknesses, allowing you to create tailored development plans to be created for employees. This, in turn, supports growth, engagement, and retention. Use standardized criteria, clear benchmarks, and objective evaluation methods to ensure fair, accurate assessments.

Software 103

Software Succession Planning Benchmarking Performance Management 103

AIHR

FEBRUARY 12, 2025

Clear ROI focus: HR investments, such as compensation structures, employee development, and retention programs, are evaluated based on their financial return, ensuring that expenditures contribute to business goals. Reduced strategic business influence: HR may be viewed as a compliance function rather than a key driver of business success.

Compliance 59

Compliance Human Resources Operations Administration 59