With the right analytics technology, even the most important challenges can be faced head on. But first, those workforce-related challenges need to be determined. An effective analytics system must channel information that is hidden from view and enable HR professionals to properly analyze it.
With Key Performance Indicators (KPIs), the performance of your business can be measured and problems can be solved, igniting improvement. Some common KPIs related to talent management include:
- Cost to hire
- Amount of time to hire
- Overall talent retention rate
Read this whitepaper to learn more about making decisions with strategic workforce analytics.