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Employee Retention Metrics: Measuring the Key to a Thriving Workforce

Vantage Circle

Employee retention is pivotal for businesses that cultivate a productive and satisfied workforce. High employee turnover is costly and disruptive. No wonder companies go to great lengths to keep employees happy and engaged so that they won’t leave. This article explores these employee retention metrics.

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Relationship between accounting and human resource management

Hppy

Traditional human resource management has had the outlook that it is an entirely separate department from accounting. What this approach fails to recognise, however, is the integral role that employees play in making, and keeping, a business profitable. Why are accounting and human resource management so connected?

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Playing the Long Game: The Employee Retention Process in HR

HR Digest

Amidst their country’s tech talent shortage, HP Indonesia is doing its best to focus on its employee retention instead of acquisition efforts, according to Human Resources Online. industries and it emphasizes the importance of the retention process in HR. million per year. million per year.

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The 7 best HR analytics software options for today’s workforce

Business Management Daily

Do you have a way to visualize crucial HR metrics like employee engagement , performance management , and time tracking? If not, then consider adopting an HR analytics software program so you can start making data-driven decisions. What can HR analytics software do? Why bother with data analytics for your HR department?

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If you don’t have a Chief Human Resources Officer you’re behind the curve

Business Management Daily

There’s another C-suite role in town — the Chief Human Resources Officer (CHRO). Companies know the importance of human resources to the success of their business. The HR department is responsible for hiring, managing employee benefits , ensuring labor law compliance, and a myriad of other responsibilities.

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Onboarding software considerations before you commit

Business Management Daily

Metrics show a positive correlation between a thoughtful onboarding program and employee retention. Putting effort into the onboarding process tells new hires that your company prioritizes the employee experience. Employee onboarding software can assist with this mission.

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Crucial HR KPIs you need to make data-driven decisions

Business Management Daily

Are your employees engaged with their work? These are all questions that measure the effectiveness of your human resources department, and the best way to answer them is by paying attention to essential HR KPIs (key performance indicators). How much revenue do you lose due to things like absenteeism and presenteeism?