Quantifying the Impact of Referrals and Onboarding
Impact
•
28-Apr-2022
A practical exploration of work done to assess the impact and value of an employee referral programme and onboarding training on new starter retention.
Early career turnover is a sunk cost for organisations in terms of time, cost and organisational productivity. This presentation quantifies the importance and value of two initiatives (1. employee referral programme and 2. onboarding training) in addressing early career turnover. Furthermore, it practically demonstrates people analytics techniques that may be useful to Talent Acquisition and Learning professionals to quantify the impact and ROI of their work.
This session will explore:
- Quantifying the impact & ROI of an employee referral programme on early career turnover
- Quantifying the impact of onboarding training on early career turnover
- Analytic methods useful for determining impact and ROI of HR initiatives.
Learning outcomes:
- Practical ways of addressing early career turnover
- Novel ways of measuring impact and quantifying ROI of HR initiatives.
Up Next in Impact
-
How to Win: Lessons from Sports Analy...
What sports front offices can teach People Analytics about quantifying employees' experiences.
Nelson Spencer, former Strategy and Development Analyst at Major League Soccer and the Cleveland Guardians, transitioned to People Analytics at Wayfair before leading the global function at Sonos. He w...
-
How to Leverage Performance Evaluatio...
Corporate culture in reality can be very different from the ideals put in place by senior leadership. If strategic decisions are being taken based on this culture, it's essential for us to know the level of confidence we can have in the stated cultural aims of the company being played out in real...
-
Using People Analytics to Drive Inclu...
Inclusion is essential for employees to feel like they can belong, contribute and thrive at work. But how do we track and measure 'inclusion' in the workplace, and what does that mean? What data do you need to collect to understand who your organisation is representing or not in terms of diversit...