Frequently Asked Questions
Explore our frequently asked questions for answers about the bottom-line benefits of using HRMetricsPro.
Frequently Asked Questions
How do I use the HRMetricsPro Turnover Audit?
Retensa's metrics specialists will support you every step of the way in performing your customized HRMetricsPro Turnover Audit. You don't have to learn any software, download any files, or spend time in training. After providing Retensa with your company's employee data, Retensa will input everything into our HRMetricsPro tool. We will then present you with a graphical, executive-ready report detailing everything you need to know about your company's employee costs. Additionally, we can provide you with recommendations about where, when, and how to reduce costs - and by how much.
How do I buy a Turnover Audit using HRMetricsPro?
Contact Retensa to buy a Turnover Audit using HRMetricsPro through 3 options:
We will call you, at your convenience, to discuss details on customizing a solution aligned to your business needs. We will also present you with pricing options based on the specific services and information you need.
What is the cost of a Turnover Audit featuring HRMetricsPro?
Retensa's Turnover Audit featuring HRMetricsPro is customized to meet your business's size and needs. Your personalized service package will determine the cost of the services we will provide. The investment that businesses have made with Retensa's Turnover Audit has achieved an ROI of up to 40 times the initial investment.
Contact us at 212-545-1280 or click on "Schedule a Call Back," and we will start working with you immediately to set up a customized package, including pricing details.
Will the HRMetricsPro Turnover Audit be customized to meet my unique business needs?
Yes. The HRMetricsPro Turnover Audit is completely customizable to meet your business's unique needs. From the first conversation we have with you, we want you to know that we are here for you. We will start by taking an in-depth look into your business and what your needs are. Any and all information you receive will be specific to your company. We can also customize the level of service after discussing your business model and situation.
How can I see a sample of a HRMetricsPro Turnover Audit?
To view details of HRMetricsPro features and its benefits to your business, go to About HRMetricsPro. In this section, you will also find samples of the graphs generated from HRMetricsPro that will be provided in the customized reports we deliver to you.
What other assistance can Retensa give me?
Retensa has long been recognized as a leader in talent management and HR metrics solutions. We will provide you with detailed information regarding 151 variables and how much your business is currently spending in those areas through HRMetricsPro's 32 Metrics. Additionally, we will help you identify data sources and information you need that you never realized are required to determine employee costs. With the results you receive from us, you will gain a clear picture of how much you have been spending, where you can reduce costs and by how much, and where you could improve efficiencies, increase productivity, and optimize resources.
Aren't my indirect costs of turnover, like loss of productivity, impossible to measure because they're so vague?
HRMetricsPro uniqueness lies in its ability to convert what use to be abstract qualitative concepts into quantitative measurements. We analyze your HR functions, processes, and activities using 151 variables to give you a real-world perspective on your total costs in concrete terms. With the quantitative results HRMetricsPro produces, you can see where and how to reduce costs to positively impact your bottom line.
How is HRMetricsPro tool different from other turnover calculators available?
Unlike other turnover calculators available, which only estimate general costs, HRMetricsPro digs deep into your HR activities and processes. You receive the most thorough and accurate picture of your total costs, specifically which HR activities and processes those costs originate from and where you can reduce costs - and by how much. You also have a team of seasoned metrics specialists providing you with detailed insight and advice specific to your company that will put you ahead of your competitors, while reducing costs and saving you money.
Do you have benchmark data to help me compare my company with others in the industry?
Yes. We understand how important it is to know how you compare to others in your industry. Part of your HRMetricsPro Turnover Audit will include benchmarking data to help you fully understand where you stand. Retensa's HRMetricsPro Turnover Audit will help you understand at least 151 HR activities and processes in detail after our experts work with you and your company. You will understand exactly how much is being spent on functions such as recruiting, on-boarding, new employee training, and separation, while discovering where you can reduce costs - and by how much. You will also learn where and how to improve efficiency, increase productivity, and optimize resources - all of which are crucial to surviving in this challenging and unstable economy.