HRreview Header

Half of HR departments fail to track staff retention

-

Many UK HR departments don’t track essential employee metrics, according to research by HR and payroll provider, NGA Human Resources. This comes as data demand is growing with 77% of CEOs now demanding more insight from their HR teams.

With employment rates reaching record highs, there’s increased pressure for employers to keep top performers happy. Yet retention (48%) and career progression (50%) emerged as the two metrics that were the least tracked – demonstrating room for improvement if employers are to nurture, develop and retain their staff.

Absence and attendance (30%), personal details (33%), pay changes (39%), and recruitment (39%) were among the areas that are also being overlooked by many HR departments.

Metrics

 

HRreview Logo

Get our essential daily HR news and updates.

This field is for validation purposes and should be left unchanged.
Weekday HR updates. Unsubscribe anytime.
This field is hidden when viewing the form
This field is hidden when viewing the form
Optin_date
This field is hidden when viewing the form

 

 

Tracked (%)

Not Tracked (%)

Absence and attendance

70

30

Personal details

67

33

Pay analysis

61

39

Recruitment

61

39

Training

58

42

Diversity/Equal Opportunity

57

43

Progression

50

50

Retention

48

52

“Many companies still do not have insights into some essential employee information, leaving a ‘gap’ in reporting and visibility of overall performance,”said Richard Shinton, Business Intelligence and Analytics Product Manager at NGA HR.

“Tracking and reporting on attendance, pay, progression and staff retention are fundamental to business performance. If you don’t measure it, it becomes impossible to see any tangible improvement,” he added.

Rebecca joined the HRreview editorial team in January 2016. After graduating from the University of Sheffield Hallam in 2013 with a BA in English Literature, Rebecca has spent five years working in print and online journalism in Manchester and London. In the past she has been part of the editorial teams at Sleeper and Dezeen and has founded her own arts collective.

Latest news

Middle East air disruption leaves UK staff stranded as employers weigh pay and absence decisions

Employers face complex decisions on pay, leave and remote working as travel disruption leaves British staff stranded in the Middle East.

Govt launches gender pay gap and menopause action plans to help women ‘thrive at work’

Employers are encouraged to publish action plans to reduce pay disparities and support staff experiencing menopause under new government measures.

Call for stronger professional standards to rebuild trust in jobs

Professional bodies call for stronger standards and Chartered status to improve trust, accountability and consistency across roles.

Modulr partners with HiBob to streamline payroll payments

Partnership integrates payments automation into payroll workflows to reduce manual processing and improve pay day reliability.
- Advertisement -

Jake Young: Strong workplace connections are the foundation of good leadership

Effective leaders are, understandably, viewed as key to organisational success. Good leaders are felt to improve employee engagement, productivity and retention.

AI reshapes finance jobs as entry-level roles come under pressure

Employers prioritise digital skills over traditional accounting as AI reshapes finance roles and raises concerns over entry-level opportunities.

Must read

Gautam Sahgal: How to support employees during a cost-of-living crisis: prioritise the moments that matter

"Businesses are faced with the stark reality of rising costs and tackling how best to support their staff through these difficult economic times."

Heidi Thompson: Competition and cost of living mean employers must enhance their offer

"Like it or not - employees hold much more power than they used to and they have far greater expectations of their employers because it is a buyer’s market," says Heidi Thompson.
- Advertisement -

You might also likeRELATED
Recommended to you