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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. A final word.

Staffing 143
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A Guide To The 4 Types of HR Analytics

AIHR

Efficiency metrics that HR has traditionally tracked fall under the descriptive analytics category. Prescriptive analytics can help you prepare for upcoming staffing needs. – For instance, an employee headcount summary captures a time period and reports the “what” but not the “why” or “how.”. Descriptive analytics examples.

Staffing 138
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What is HR Analytics? All You Need to Know to Get Started

AIHR

Importance of HR analytics HR analytics examples Key HR metrics Data analytics in HR: How to get started How to transition from descriptive to predictive and prescriptive analytics in HR HR analytics certification FAQ What is HR analytics? Contents What is HR analytics? What is HR analytics used for?

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HR Finance 101: A Guide To Finance for HR

AIHR

A transaction is a business event with a financial impact on an organization’s financial statement. This is because these professionals need to understand the financial metrics that drive costs and revenue in an organization and all the factors that influence them. Financial HR metrics to consider. Transaction.

Cash Flow 136
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How To Set Your Recruitment Goals In 2024

AIHR

Consult with hiring managers across all departments to understand their particular current and future staffing requirements, skills gaps , and projected workloads. Use metrics to evaluate your past performance. Step 3: Define the most important KPIs for the new year Review your recruiting metrics. Assess departmental needs.

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7 Top Job Satisfaction Statistics You Need to Know

15Five

Overall job satisfaction is at one of its lowest points in 16 years Gallup’s yearly employee engagement survey tracks several metrics around engagement, including overall job satisfaction. Runaway inflation, a tightening job market, and even geopolitical events. January 2009, when 30% of employees were extremely satisfied.

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Key Human Resources (HR) Pillars: Your 101 Guide

AIHR

HR drives and provides oversight to these functions, which include: Workforce strategy : HR should drive a company’s workforce strategic plan , which includes assessing staffing needs, both in numbers and skills, maintaining competitive pay and benefits, supporting the performance management and career development process.