Workforce 360° - AI enabled Dynamic blueprint of HR data

Since the average cost of hiring a new employee is 20%-33% (based on different research) tracking turnover rates across departments over time allows organizations to benchmark progress and assess the effectiveness of retention strategies.

Understand the true cost of employees going beyond direct costs but by factoring in indirect costs like benefits, training, and equipment. This helps identify cost drivers and helps pinpoint pain areas to improve operational efficiency.

A report by McKinsey, there is a substantial performance differential?48 percent?between the most and least gender-diverse companies. You can keep track of whether there is representation of diverse talent, support multi-variate diversity, and promote openness.

?Unchallenging work? is one of the top 5 reasons of employee exit. Are you leveraging your talent the right way? Find out by identifying the demand-skill gap which can be fulfilled through recruitment. Align headcount with project needs for efficient resource allocation.

Is everyone's performance optimal? Are they under/ overloaded? Based on the archetype the span of a manager can range ideally from 5-15 subordinates. How are you effectively tracking this? Are they eligible for promotion? Track everything in one place.

According to Gallup, low engagement teams typically endure turnover rates that are 18% to 43% higher than highly engaged teams. How satisfied and engaged are your employees? What are the areas wherein complaints are received? What's the eNPS?