Metrics have always played an important role in the Human Resources (HR) industry. However, it wasn’t until recently that HR professionals realized the true value of data analytics in understanding employee behavior and its subsequent impact on the overall business. The use of Key Performance Indicators (KPIs) has become essential for HR managers and executives in making informed decisions about
Human resources (HR) has played a vital role in ensuring the smooth functioning of organizations across industries and sectors. Historically, HR professionals have been responsible for recruiting, hiring, and managing employees, managing benefits, and ensuring compliance with state and federal laws. However, until recently, many in HR felt as though they were left out of the C-suite. In this article,
Performance reviews are a critical part of every employee’s work life. Unfortunately, living up to the standards set by an employer isn’t always easy, especially when feedback on performance is not objective or fair. Studies show that women and people of color receive more negative feedback in these reviews, resulting in an imbalance that causes them to be less likely
Attrition rate, also known as employee turnover rate, is the percentage of employees leaving an organization over a specific period. High attrition rates have a negative impact on the performance and bottom line of companies. Employee turnover results in productivity loss, increased recruitment costs, and reduced morale. Therefore, it is essential for organizations to analyze the factors contributing to high
In the past, workplace safety was primarily related to physical safety. But in recent years, there has been a growing expectation for employers to provide a more holistic approach to employee well-being. An essential component of this approach is psychological safety in the workplace. Employees who feel psychologically safe can thrive, become more productive and reduce absenteeism while those in
Human resource management is a vital component of any successful organization’s strategy. HR best practices refer to the actions or approaches used by HR departments to achieve efficient and effective management of the organization’s human resources. These best practices draw upon a set of operational and ethical principles that guide the management of people within the organization. The importance of
In this dynamic and constantly evolving business environment, it is no longer enough for companies to react to past employee behavior and work performance when it comes to Human Resources (HR) activities. As businesses compete in the global marketplace, competitive advantage lies in predictive analytics for HR. Predictive analytics have quickly become an integral consideration for talent leaders and HR
Good people management is vital for creating a happy and productive workforce. Recent research by the Chartered Institute of Personnel and Development (CIPD) has highlighted the negative impact of poor management on employee well-being. In this article, we will discuss the importance of effective people management, the results of the CIPD’s research, and the steps that organizations should take to
The business world has experienced rapid transformations in the era of digitalization, and human resources management is no exception. People analytics, also known as HR analytics, have revolutionized the way organizations manage their workforce. People analytics is the use of data, technology, and analytics to derive actionable insights. With this practice, companies can evaluate their workforce’s performance, identify areas of
Litigation is something that most organizations would rather avoid, but unfortunately, it is sometimes inevitable. That’s why it’s crucial to have a system in place to assist with pre-litigation and discovery needs, and that’s where HR departments come in. In this article, we’ll cover the four basic stages of the litigation process: pre-suit investigation and pleadings stage, discovery, trial or
In today’s rapidly changing world, information technology and big data analytics are revolutionizing industries and enabling organizations to make more informed decisions. A prime example of this is the integration of people analytics in human resource management. People analytics enables HR managers to make data-driven decisions on people-related issues, ranging from recruitment to retention. This article will explore the growing
Employee engagement has become a crucial concern for companies in recent years. The workforce has changed significantly, and the traditional employer-employee relationship is no longer enough to motivate and retain talented employees. The problem has reached a crisis point, with surveys indicating that only 20% of employees worldwide are actively engaged in their work. This article will examine the current
