Percentage change achieved in twelve-month retention rate for new hires due to HR function automation

This measure calculates an estimated change in percentage in twelve-month retention rate for new hires due to automation. Examples of automation for this purpose include ERP scripting, macros, Robotic process automation (RPA), using machine learning to codify complex rules, AI-based automation for autonomous decision making, etc. This Supplemental Information measure is intended to help companies evaluate additional variables related to the process group "Reward and retain employees".

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Measure Category:
Supplemental Information
Measure ID:
110825
Total Sample Size:
2,234 All Companies
Performers:
25th Median 75th
- - -
Key Performance Indicator:
No

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Units for this measure are percent.

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Percentage change achieved in twelve-month retention rate for new hires due to HR function automation

Key Terms

There are no key terms associated with this measure.
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Measure Scope

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Cross Industry (7.4)

  • 7.5.1 - Develop and manage reward, recognition, and motivation programs (21438) - Developing a salary/compensation structure and plan; developing a benefits and reward plan; develop commission plan; performing competitive analyses of benefits and rewards; identifying compensation requirements based on compensation, benefits, and HR policies; administering compensation, commission, and rewards to employees; and rewarding and motivating employees.
    • 7.5.1.1 - Develop salary/compensation structure and plan (10498)
    • 7.5.1.2 - Develop benefits and rewards plan (10499)
    • 7.5.1.3 - Perform competitive analysis of benefits and rewards (10500)
    • 7.5.1.4 - Identify compensation requirements based on financial, benefits, and HR policies (10501)
    • 7.5.1.5 - Administer compensation and rewards to employees (10502)
    • 7.5.1.6 - Reward and motivate employees (10503)
    • 7.5.1.7 - Review retention and motivation indicators (10510)
    • 7.5.1.8 - Review compensation plan (10511)
  • 7.5.2 - Manage and administer benefits (10495)
    • 7.5.2.1 - Deliver employee benefits program (10504)
    • 7.5.2.2 - Administer benefit enrollment (10505)
    • 7.5.2.3 - Process claims (10506)
    • 7.5.2.4 - Perform benefit reconciliation (10507)
  • 7.5.3 - Manage employee assistance and retention (21439)
    • 7.5.3.1 - Deliver programs to support work/life balance for employees (10508)
      • 7.5.3.1.1 - Manage flexible working (21440)
    • 7.5.3.2 - Develop family support systems (10509)
  • 7.5.4 - Administer payroll (10497)