Mine employee data to reduce turnover

Tools to perform HR analytics allow organizations to identify potential turnover problems before they occur
By Gary Love
|Canadian HR Reporter|Last Updated: 05/20/2004

Employee turnover remains a costly concern at many organizations. Undesirable turnover imposes significant recruiting and training costs, plus the intangible costs associated with the loss of knowledge capital.

For these reasons, it is important to measure and predict turnover, understand contributing factors, and design programs for controlling and preventing it within targeted talent and knowledge levels. While this is not an easy task, the evolution of HR technology has produced new tools for HR professionals to improve retention.

HR analytics tools are an entirely new class of HR systems that aggregate not just HR but company-wide data.