Human Resources Tracey Smith Human Resources Tracey Smith

How to Measure Employee Turnover and Retention Rate

Turnover is an easy concept to grasp but can be elusive to measure. Three of the most important factors in measuring turnover can be gleaned from the definition. First, we need to determine “what” we are measuring as the baseline or denominator in the equation. Are we measuring employees or employees and contractors? Do we include interns?

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Human Resources Tracey Smith Human Resources Tracey Smith

How to “Right-Size” Strategically

For those that attempt completion of workforce plans, the scenarios for these plans are almost always scenarios of growth. But the reality is, it is highly likely that a company will find itself in a reduction scenario at some point in time. It is these reduction scenarios where planning becomes crucial.

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Human Resources Tracey Smith Human Resources Tracey Smith

Math that Keeps Your Company Out of The Courts

With gender and ethnic diversity being such sensitive topics in recent years, it is the responsibility of both Human Resources, Legal teams and math experts to proactively provide statistical back-up to certain workforce decisions. One important application of math to workforce decisions is in avoiding adverse impact.

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