Understanding employee satisfaction is essential for today’s economy where we have people coming and going all the time. Managing employee turnover is a priority task for most human resource teams. Keeping the employees that you have is a lot less expensive than going out and trying to get new ones. Employee satisfaction plays a huge role in whether workers choose to stay or go. But how to measure employee satisfaction is an ongoing concern.
Training is one of the most effective ways to improve employee performance. It is also time-consuming and can be expensive, so you want to be sure it's meeting your goals. If you want to know how effective your training is, you should measure and assess it. Understanding its cost and impact on employee performance will help you evaluate whether it is effective.
No matter the size of your organization, one metric you can't shake free of is worker productivity. Whether you're an entrepreneur in a single-person office or an HR director in a company with thousands of employees, your day-to-day is ruled by metrics that help you get a sense of how productive your people are and whether they're meeting their goals. How can you measure employee productivity effectively?
Talent retention is a significant concern for organizations, so it's important to understand the causes and effects of employee turnover. The employee turnover rate is based on the number of employees who leave your organization after a specific period.
Creating a diverse workforce is important for any business to thrive. As such, many companies include diversity and inclusion (DEI) goals as part of their strategic plan. Fostering an environment where employees respect each other and can share unique perspectives will help a team reach its full potential.
While understanding what it costs to hire an employee has always been important, as we look at shifting markets and employee mobility, this metric has taken on new importance. In fact, cost per hire, or CPH, is one of the most commonly used human resource reports.
A key component of effective workforce management is staying on top of critical dates and deadlines. In addition to payroll and tax filing dates, you also need to plan for federal and workplace holidays affecting your workforce, such as National Employee Appreciation Day and Employee Health and Fitness Month.
Building a culture that incorporates diversity, equity, and inclusion (DEI) is critical to maintaining a positive employee experience. After all, you want to create an environment in which your employees feel welcomed and respected, no matter their differences.
When the pandemic began, many organizations were forced to send employees home, whereas others had to cease operating altogether, resulting in layoffs and furloughs. Since then, massive numbers of employees have continued to leave their jobs. Only this time, they are doing so voluntarily as part of the “Great Resignation.”
Employee onboarding is so much more than the old-fashioned notion of orientation. Unlike a single day of introductions and paperwork, onboarding is a collection of resources, activities, and touchpoints that help new hires get to know the people and processes they will interact with at work.