StarGarden HCM 5.0 - HR Data and Analytics
Although some applicants are not currently suitable for hire, having their information for later reference in an organized manner can help reduce time for finding someone new later. An integrated HR platform that allows job posting and the automatic transfer of an applicant to employee status on selection, reduces errors and onboarding time thus creating a positive employee experience.
It costs up to 2X the exiting employee’s salary to hire a new employee. Having a complete picture of your turnover rates by supervisor, department, and tenure can give you insights and help you proactively intervene for check-ins to prevent loss of talent. Retention of resources is a great way to not only avoid costly hiring practices but also retain company knowledge in the organization.
Top performers generate 3X the revenue per employee than an average employee. It is therefore key to identify and retain those star employees. Regular check-ins and feedback with alerts set to intervene when productivity or performance lags can help organizations to connect with employees in a social and constructive way and help teams stay on track to accomplish business objectives.
From employment equity to tax filings, being able to access compliance reports quickly and automatically send them to the appropriate government authorities increases HR efficiency and leaves you time to perform strategic work for the organization.
Tracking the number of safety incidents gives HR a good picture of current processes and outlines areas of improvement, as well as benchmarking the organization against industry standards. It also allows for the reduction in losses related to costs from potential lawsuits and/or reputational damage. Some industries are required to report on this information to the government to comply with OSHA or other regulations.
HR is able to become true strategic partners by measuring the effectiveness of current business processes and outlining any potential gaps. Accurate and up-to-date HR data allows decisions to be made on how to best utilize limited resources.
StarGarden’s HR Reporting tool provides HR data that lets you get a complete picture of your workforce management processes.
If you are ready to find out what StarGarden’s Reporting can do for your organization then book your free demo.
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