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Starbucks removes DE&I requirements from executive pay structure

HR Brew

Instead, executive bonuses will be based on equality, social, and governance (ESG) goals, which the company first established in 2020. It now ties executive pay to inclusion metrics that don’t mention gender or race, Reuters reported. of an executive’s bonus to the company’s DE&I goals. Quick-to-read HR news & insights.

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Crucial HR KPIs you need to make data-driven decisions

Business Management Daily

By keeping track of essential HR metrics like employee turnover rate, time to fill, and recruitment costs — you’ll have a solid grasp of your strengths and top areas for improvement. A key performance indicator is a metric that measures the effectiveness of something, and it can take all sorts of forms. They provide accountability.

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Workforce Planning 101: Your Guide to an Effective Strategy 

MP Wired For HR

For example, if your company plans to expand into new markets, you’ll need to identify the specific skills and roles required to support this growth. Metrics and Predictive Analytics Incorporate metrics and predictive analytics to forecast potential turnover, skill shortages, and growth areas.

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How To Set Meaningful DEI Metrics?

Engagedly

To accelerate progress and drive meaningful change, organizations must focus on setting and tracking meaningful DEI metrics. These metrics can help identify gaps, measure the effectiveness of DEI initiatives, and ensure accountability. What are DEI metrics?

Metrics 40
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Top Ways to Leverage Technology for Workforce Planning 

MP Wired For HR

By tracking these metrics, HR teams can make proactive decisions about hiring, training, and compensation. For example, scenario planning involves creating different models based on varying assumptions about the future, such as market trends or economic conditions. Measure the effectiveness of HR strategies and initiatives.

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How to Measure HR Effectiveness: 12 Useful Metrics

Analytics in HR

For example, an efficiently designed and executed recruitment and onboarding strategy can help bring top talent on board, leading to increased productivity and, therefore, revenue. We discuss HR effectiveness metrics in more detail below. To measure the effectiveness of your HR function, you need to establish relevant metrics.

Metrics 98
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How To Set Meaningful DEI Metrics?

Engagedly

To accelerate progress and drive meaningful change, organizations must focus on setting and tracking meaningful DEI metrics. These metrics can help identify gaps, measure the effectiveness of DEI initiatives, and ensure accountability. What are DEI metrics?

Metrics 40