Remove ATS Remove Benefits Remove Compensation Remove Talent Analytics
article thumbnail

The 5 Critical Steps of Workforce Planning

ClearCompany Recruiting

Assess your talent. Review the compensation and benefits packages you have in place. In conjunction with production metrics, charting your talent along a 9-box grid matrix helps visualize your talent capabilities along an axis of high and low performance versus high and low potential. Map Your Strategy.

article thumbnail

What is People Analytics? | ClearCompany

ClearCompany Recruiting

If your company is new to people analytics or gathering data that it could be using — but isn’t — you’re in the right place to learn more about what to do next. What is People Analytics? This data may also be referred to as HR analytics, talent analytics, or workforce analytics. Types of analytics.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Here’s How IBM Predicts 95% of Its Turnover Using Data

Linkedin Talent Blog

With the cost of replacing an employee sitting anywhere between 30 and 400% of that person’s annual salary, there’s obviously a strong financial case for investing in retention — not to mention the benefits of preserving institutional knowledge and protecting morale. The promotion rates of peers can also play a role in attrition.

Data 56
article thumbnail

Using the 9-Box Grid Performance Management Strategy | ClearCompany

ClearCompany Recruiting

HR teams have also seen increasing demand from employees for growth opportunities at work. Without them, you’re at risk of disengagement and turnover among your workforce: 63% of people who recently left a job say a lack of opportunities played a role in their decision to leave. They may also benefit from one-on-one coaching sessions.

article thumbnail

The 10 Most Important Recruitment Metrics

NPA Worldwide

Leveraging data from talent analytics and recruitment reports helps you stay ahead of the competition by quickly seeing what needs improvement and where to focus your efforts. A low rate is typically a sign of a lackluster employee value proposition for things like compensation and benefits. Quality of Hire.

Reference 158
article thumbnail

How to Calculate Your Employee Turnover Rate | ClearCompany

ClearCompany Recruiting

Want to learn more about #Turnover at your company? Step #3: Calculate the average number of employees by adding the number of employees at the beginning and end of the time period and dividing by two. For example, you could look at turnover rates among just mid-level employees or newly appointed managers.

article thumbnail

The Role of Technology in Talent Management | ClearCompany

ClearCompany Recruiting

Technology’s biggest benefit — the reason it’s no longer an option but a necessity — is its (literally) superhuman ability to collect and analyze data. Improves recruitment processes Recruiting candidates involves many tedious tasks that can bog down talent acquisition teams and get lost in the shuffle.