Employee Retention Archives - Netchex

Recession, Retention, DEI, and More: Top HR Trends for 2023

The last few years have been times of uncertainty and change—and there seems to be more uncertainty and change ahead for 2023. Even without pandemic shutdowns, near constantly changing circumstances create new challenges for Human Resources departments. Like every year, several HR trends for 2023 have emerged. Here are the top 10 HR trends for […]

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HR Data Integration: Streamlining Data with HR Technology

A piecemeal approach to technology can lead to some big problems, especially when you’re building an HR system. Sure, you can find a different software provider for every solution, but there’s little hope that they will work together. With HR software, data integration is an essential measure of software compatibility. This is why integrated technology […]

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The Biggest HR Data and Reporting Mistakes to Avoid

A lot goes into HR data, analytics, and reporting. Advanced HR software can improve accuracy and efficiency, but how do you know whether HR analytics will be a smart investment for your company? To better understand the numerous uses and benefits of HR data and reporting, ask yourself the following seven questions. How will HR […]

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10 Critical HR Metrics for Human Resource Management

Though seemingly routine to outsiders, everyday HR tasks are critical to keeping a business running. While its importance is never questioned, how do you set goals and measure the success of your HR processes? Like all departments, there are several critical HR metrics that help determine the effectiveness of HR tasks and initiatives throughout your […]

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How Technology Makes HR Reporting & Analytics Easier

What’s so important about HR analytics and HR reporting? Like everything HR-related, it’s all about people. The most important ingredient in your company’s success is the people who work there, and analytics can help you empower workers while improving overall efficiency. Combine diverse sets of data to produce insights for better supporting employees as well […]

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HR Analytics: What do Data & Reporting Mean for Human Resources?

The term “analytics” gets tossed around carelessly these days. Like tech companies talking about “artificial intelligence” or job applicants’ not-so-clever use of “proficient in Microsoft Word,” people can use the term “analytics” to mean just about anything. For HR analytics to be worthwhile, they must provide useful insights for your business and in-depth analysis of […]

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The State of HR: 5 Important Lessons from the SHRM Conference

The Society for Human Resource Management’s (SHRM) annual conference is a big deal. Like, a really big deal for HR professionals and companies of all sizes. This year’s event was as big as ever, especially on the heels of a COVID-hindered few years. Held in New Orleans over four jam-packed days (June 12-15), the event […]

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10 Ways HR Technology Helps Manage Labor Cost More Effectively

In many industries, labor cost is one of the biggest expenses for a business. According to the Bureau of Labor Statistics, wages and salary costs make up about 70% of employer costs for employee compensation. The remaining 30%of costs go toward benefits. In a period of inflation and rising wages, how can your business manage […]

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The Stages and Benefits of Employee Lifecycle Management

Whether new hires or tenured workers, all employees need to be supported through HR management and HR technology. Employee Lifecycle Management recognizes this difference between employees at different stages. Make sure your company is meeting the needs of employees at each phase of their journey. Discover why employee lifecycle management is so important and how […]

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CFO + HR Toolkit - How CFOs Can Enable Growth with HR Technology

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