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Over $1 trillion is spent yearly in the US due to employee attrition. That’s a large but real stat. Beyond the financial impact, attrition also affects workplace morale, culture, company outlook, and revenue growth. There are no simple fixes, but a successful retention strategy must start with measuring the most important HR metrics.
Most companies waste time and money tracking biased and obsolete indicators. This article will explain which HR metrics matter and why you should measure them.
Human resources metrics, also known as HR metrics, assist companies in measuring their talent insights, forecasting the future, and impacting things like