So, let’s take a hard look at what you should be doing with your human capital management strategy. You can also click through to our benchmarking quizzes to see where your company either falls short or is doing it right. People management. Benchmark your labor costs here. MORE

Motivate workers into going above and beyond the call of duty because of attractive and relevant incentives that are directly linked to stellar performance. It benchmarks employee salaries – Salary benchmarking is a critical part of a strategic compensation plan. MORE

In the 2015 Deloitte Millennial Survey , 6 in 10 millennials said “sense of purpose” is part of the reason they chose to work for their current employers. In a Talent Management article last month titled “What Should CEOs Expect From HR?” 16 HR Metrics That Smart HR Departments Track. MORE

In a study from Oxford Economics and SAP, only 39% of respondents say they use quantifiable metrics and benchmarking as part of their workforce development strategy; 42% know how to extract meaningful insights from the data available to them. The Digital Transformation is upon us. MORE

They all eliminated their annual performance review practices. In fact, six percent of Fortune 500 companies have already put a stop to their rate-centric performance management culture. The reason is simple: some say that if performance reviews were a drug, they would never pass the Food and Drug Administration given their wide range of vile side effects. And HR managers? Allocated bonuses based on team performance. MORE

So, what’s holding people back from moving ahead with talent metrics? The 2014 Global Assessment Trends Report from The Corporate Executive Board (CEB) found only half of respondents use talent metrics to prove ROI of talent or help inform business decisions, and only 45 percent currently use objective measures of potential to guide development and succession plans. Companies are loaded with employee, HR, and performance data. MORE

Posted by Josh Bersin on December 17, 2015. High-Impact Talent Management Register for the webinar. Global Human Capital Trends 2015 Explore the trends. Our process analyzed these companies’ investment and maturity in a total of 128 areas of talent management. MORE

The book covers the full People Analytics scope (Benefits, Compensation, Culture, Diversity & Inclusion, Engagement, Leadership, Learning & Development, Personality Traits, Performance Management, Recruitment, Sales Incentives) with numerous real-world examples, and shows how R can help”. MORE

As Baby Boomers retire, the need to shape younger workers to fill available management roles grows stronger. Key Metrics. Relationship with Peers and Management – Collaboration is key. Additionally, having an open and honest relationship as a manager is important. MORE

As Baby Boomers retire, the need to shape younger workers to fill available management roles grows stronger. Key Metrics. Relationship with Peers and Management – Collaboration is key. Additionally, having an open and honest relationship as a manager is important. MORE

These tools are powerful and disruptive, and they have the potential to redefine how we manage our organizations. If we look at employee ratings of employers as a whole, we find that performance follows a bell curve. We know managers are biased. MORE

If you’re a small or midsize business (SMB) that does annual performance reviews, I have some terrible news. Annual performance reviews are dead. A staple of performance management since the 1950s, gone forever. Jump to: What should stay: Performance ratings. MORE

The most recent JOLTS , or Job Openings and Labor Turnover Survey published by the US Bureau of Labor Statistics , puts the the latest job openings level registered in November 2015 at 5,431,000(p). Talent Management MORE