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Build vs. Rent: Don’t Crash on the Do-It-Yourself Iceberg for Workforce Intelligence

Visier

“Build vs. Rent” is a common dichotomy in technology buying, but what does it mean when applied to workforce intelligence? Building your Workforce Intelligence Solution. Recently, I learned about a large software organization’s quest to build a workforce analytics solution. Data warehouse software licenses.

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The Reason Companies Should Calculate Cost Per Hire

HR Bartender

Personally, I’m a big fan of the cost per hire metric. Back in 2012, the Society for Human Resource Management (SHRM) worked with the American National Standards Institute (ANSI) to create a uniform standard calculation for cost per hire (CPH). Let’s say the organization is planning to open a new location next year.

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People Analytics and HR-Tech Reading List

Littal Shemer

I find here inspiration, blended with practical guidance and validation for my practices, mixed with new ideas and innovative tools, but most of all, an “open door” to a professional community , which I’m happy and honored to be a part of it. Browse and read this book sample today, and offer your feedback.

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Performance Appraisal: The Ultimate Guide

Analytics in HR

This guide gives you the knowledge you need to conduct thorough performance appraisals and the tools to use them to their maximum potential. Performance appraisals are a platform to provide feedback, offer a formal moment in time to evaluate job performance, and help distribute raises and bonuses among employees. Let’s dive in!

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How to Quickly Improve Any Performance Appraisal System

DecisionWise

[ii] Statistics like these might account for some of the reasons why companies like Adobe, GE, and The Gap have substantially revised or even eliminated their traditional performance appraisal systems altogether. We think of these tools as bolt-on solutions that do not disrupt current processes while providing more actionable data.

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The Case for Sharing — and Understanding — Human Capital Metrics

Cornerstone On Demand

Yet when evaluating a given company's worth, investors still rely on performance metrics that largely ignore an organization's brainpower. No wonder universal talent metrics are a touchy subject. It's a debate that's been lately revived thanks to better reporting tools and growing demand from investors.

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How to Conduct Staff Appraisal Training: The Key to Employee Development

Empuls

Development plans : Following the evaluation, a development plan is often created to help employees address their weaknesses and enhance their strengths. Performance evaluation criteria : Explain the criteria and metrics used for appraisals. This feedback should be constructive, specific, and based on objective criteria.