What metrics should be tracked using HR reporting tools?
How do HR reporting tools benefit businesses?
Can HR reporting tools integrate with other HR software?
Human resources (HR) reporting tools collect and analyze data to give employers valuable insights into employee performance, engagement, and other workforce trends.
HR reporting tools should track employee turnover and retention rates, performance levels, absenteeism, engagement, and training participation. They should also track compensation and benefits to ensure fair and competitive pay while maintaining compliance with federal, state, and local regulations.
HR reporting tools enable more intelligent decision-making by offering clear insights into workforce data such as performance, attendance, and compliance. They streamline data collection and reporting through automation, enhance accuracy, and support more effective planning for hiring, training, and risk management.
HR reporting tools often sync with payroll software, performance management systems, and applicant tracking systems. This integration makes pulling data from different sources easier, helping HR teams make data-driven decisions.
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