Remove Attrition Remove Finance Remove Human Resources
article thumbnail

Could HR be the most data driven function?

HR Digest

If you analyze functions like finance, IT, and marketing you will find common drivers of success. For instance, by designing an effective recruitment and reward system, HR can directly decrease attrition and increase the revenue of the company by saving the cost of training new hires. Talent Management. Hiring Efficiency.

article thumbnail

It’s Better to Avoid a Toxic Employee than Hire a Superstar

Harvard Business Review

” The idea that a negative has a stronger impact than a positive has been established in fields like finance ( losses have more of an impact than gains), psychology (people remember bad experiences more than good ones), and linguistics (we pay more attention to negative words than positive or neutral ones).