Remove Human Resource Information Systems (HRIS) Remove Onboarding Remove ROI
article thumbnail

The Compehensive Dictionary of HR Terms To Know [In 2024]

AIHR

HR term example: “There are different types of HR Chatbots, including recruitment chatbots, onboarding chatbots, HR analytics chatbots, and (many) more.” HR term example: “Onboarding is a key element in creating the foundation for a lasting employee-employer relationship.” ” 15. ” 31. ” 32.

article thumbnail

Employee Retention Metrics: Measuring the Key to a Thriving Workforce

Vantage Circle

Metrics also help quantify such efforts' return on investment (ROI). Comparing the cost of employee turnover before and after implementing an ATS will quantify its ROI in this regard. Similarly, we can track new employee satisfaction rates by asking new hires to score a company’s onboarding process.

Retention 106
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Human Capital Management (HCM) Software For Enterprises In 2022 & Beyond

Walk Me

This is where human capital management (HCM) comes in. HCM is a holistic approach to managing people, encompassing everything from recruiting and onboarding to performance management, learning, and development. What Is Human Capital Management Software? But what other features do HCM software systems offer? Onboarding.

article thumbnail

Your A-Z Guide of HR Acronyms & Abbreviations

AIHR

HCROI: Human Capital ROI Human Capital ROI is a metric that represents the financial value employees contribute compared to the money spent on them, including compensation, talent management, training, etc. HR acronym usage example: “An HRIS can help HR practitioners save 2 hours per day on administrative tasks.”

ROI 64
article thumbnail

10 HR Best Practices For Business Success in 2025

AIHR

By minimizing turnover, they reduce the costs associated with recruiting, onboarding, and training, creating both a financial and cultural benefit that keeps them competitive in the long run. The Kirkpatrick-Philips model can help measure if training truly impacts performance and provides a return on investment (ROI).