How can HR teams analyze employee turnover with Infor HR?

Infor HR provides various tools and analytics capabilities that allow HR teams to access turnover statistics and insights. This data enables the HR department to not only measure turnover rates but also to analyze trends and patterns related to employee departures. By leveraging these statistics, HR teams can develop targeted retention strategies that address the specific reasons behind turnover. For example, insights drawn from turnover data can reveal whether employees are leaving due to management issues, inadequate benefits, or other factors, allowing the HR team to implement effective interventions to improve employee retention.

While conducting interviews with departing employees, comparing salary data, and monitoring employee satisfaction surveys can provide valuable information, they typically do not offer the comprehensive analytical capabilities that specific turnover statistics can provide. Access to aggregated data allows for more strategic planning and decision-making regarding employee retention, which is crucial for maintaining a stable and engaged workforce.