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IPO Recruiting and Metric Benchmarking with Redpoint Ventures' Amy Knapp

Entelo

Among the other topics we stumbled across were: Benchmarking what success looks like based on company size, previous performance, and other areas. Interview training. How recruiting metrics can serve as a thermometer for internal company health. Recruiting Metrics IPO recruitin

Cost-per-hire metrics, demystified

Workable

Cost-per-hire (CPH) is one of the most intriguing recruiting metrics. Cost-per-hire calcuations don’t include any costs after employees are hired, e.g. training costs. SHRM and ANSI define this additional cost-per-hire metric. This metric can be more useful than CPH.

What’s Your Most Useful Metric? More Results of Our HR Metrics Survey

HR Daily Advisor

In yesterday’s Advisor , we shared some of the results of our nationwide survey on HR metrics. Today, more of our findings, including measures of turnover, compensation, and training. 604 individuals participated in the HR Daily Advisor ’s HR Metrics Survey, conducted in April 2015.

How HR Can Tackle Diversity Using the Rooney Rule

Visier

In August 2015, the need for more workforce diversity was spotlighted in a big way when President Obama issued a call to action to technology companies, encouraging them to hire more women and minorities by implementing the Rooney Rule. Metric to watch: Diversity of interviewed candidates.

Keeping Those Candidates on the Line

HR Daily Advisor

Start on Tuesday, October 20, 2015, with a new interactive webinar— Hone Those Recruiting Skills! Join us Tuesday, October 20, 2015, for a new interactive webinar, Hone Those Recruiting Skills! Tuesday, October 20, 2015. Train Your Entire Staff.

How Workforce Analytics Can Take You Beyond The Clock

nettime solutions

When applied to the HR world, workforce analytics help HR staff analyze data relating to productivity levels, performance, if training is effective, and can even predict turnover. These metrics are derived from: Performance. Completed training and certifications.

4 Steps to Turning Your Expense Data into a Powerful Asset

Insperity

In a 2015 study by PayStream Advisors , 56 percent of businesses said that cost reduction is their top focus for improvement this year, while 41 percent said overall process automation was among their goals. Compare actual spend to a benchmark.

Data 103

Executive Compensation 101: What to Consider

HR Daily Advisor

Benchmark not just against your own industry, but other industries that have similar skill sets. Other metrics?). Is your company bringing a new executive on board sometime soon? How do you decide the appropriate level of compensation?

Lessons from our research: Ways to build a diverse, inclusive organization

HR Times

Posted by Josh Bersin on December 17, 2015. Global Human Capital Trends 2015 Explore the trends. More than two-thirds of the companies we surveyed in the Deloitte Global Human Capital Trends 2015 research told us they are redesigning their performance management process.

4 Steps to Turning Your Expense Data Into a Powerful Asset

Insperity

In a 2015 study by PayStream Advisors , 56 percent of businesses said that cost reduction is their top focus for improvement this year, while 41 percent said overall process automation was among their goals. Compare actual spend to a benchmark. For instance, train your managers and employees on the new policies and processes, and be sure to explain the business impact of non-compliance. Analysis requires comparisons, so you must compare it to a meaningful metric.

Demystifying Big Data to Make Better Hires

Cielo HR Leader

The transformation from paper to database-driven applications means organizations are brimming with HR and employee data; demographic information, academic history, source-of-hire, completed training, and numerous other factors pertinent to employee performance that have been measured for years. . Establish Benchmarks. Then, use those metrics to benchmark against industry standards.

How High-Performing Retailers Are Reinventing HR

SAP Innovation

Retailers worldwide are fighting for the biggest share of in-store and Internet spend, which is projected to reach $22.492 trillion in 2015. But the ability of retailers to take advantage of growth opportunities depends on how well they’re keeping up with workforce trends.

How To Measure The Fundamentals Of Cloud Maturity

SAP Innovation

The IBM-sponsored program is designed to help organizations using cloud technologies understand the journey they are on, the metrics to use to measure success, and, most importantly, how to recognize when their goals have been achieved.

Top 3 Workforce Risks In Financial Services

SAP Innovation

While 47 percent of financial services employees receive ample training on workplace technology, only 33 percent have access to the latest innovations like analytics and cloud. Yet only 47 percent say this requires increasing investment in training.

You’re Not The Only One Wondering Where All The Financial Services Talent Went

SAP Innovation

The survey of more than 5,000 executives and employees suggests that new technologies and the demands of the rising Millennial generation are making it more challenging, yet more essential, to effectively build and train a workforce that will develop the next leaders.

Dynamic Reporting Tool Analytics Drive Results

Aurico

They want to be able to effectively report background screening metrics during the ultimate challenge from a regulatory agency’s audit.” Reports should provide benchmarks needed to control costs, evaluate the effectiveness of a corporate talent acquisition program, and validate the use of compliance and industry best practices. Therefore, reports should be easy to create and require minimal training or IT support.

HR Analytics – The “GPS” of True HR Transformation

Visier

Demonstrating the business value that HR provides by putting metrics in place. Redefining the metrics of success, with metrics focused on business challenges rather than favored, traditional (read “non-business relevant”) HR metrics.

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

Visier

To achieve this, the company hired an HR business intelligence team, standardized their reporting metrics, and invested over $3 million in a data warehouse and business intelligence (BI) software. Analysts to determine metric definitions and create reports.

5 KPIs Every Professional Services Firm Should Track

Workday

With the release of Service Performance Insight’s “2016 Professional Services Maturity Benchmark” report last year, it was clear that the professional services industry is at an inflection point, with many key indicators on the decline. According to a November 2015 report from Forrester Research, “The State Of Digital Business 2016 to 2020,” executives in professional services expect 49 percent of revenue to come through digital channels or products by 2020.

Project Planning 101: Part Three – Intranet project timeline

ThoughtFarmer

For tips on how to create benchmarks for your intranet, we recommend reading The Best Intranet Metrics Measure Business Outcomes , or 8 Key Intranet Metrics You Should be Tracking. Training. Training: 1-2 weeks. So you bought an intranet, now what?

Compliance Efforts Not So Great Globally, Either

HRExecutive

The purpose of the survey was to benchmark “the top priorities and challenges faced by ethics and compliance professionals headquartered in EMEA and APAC,” according to the report.

The Employee Experience Imperative: Q&A with David Johnson

Ultimate Software

Conversely, several studies show that when employers pay close attention to employee workload and help employees balance the demands of their jobs with key resources such as technology and training, they can sharply reduce burnout and employee turnover.

AON 157

15 HR Analytics Case Studies with Business Impact

Analytics in HR

On March 13 2015, the Wall Street Journal published an article titled: “The Algorithm That Tells the Boss Who Might Quit”. In addition, special managers were trained to retain the high performing employees who had a high flight risk. Training workers and dancing in the rain.

35 IT Help Desk Statistics: How Does Your Team Stack Up?

Spoke

The first is by monitoring metrics and tracking your progress toward KPIs. But once you know how your team is doing today compared to how it was performing in the past, the next step is to benchmark your metrics against those of other companies. You can use the following 35 IT help desk statistics to benchmark your team’s performance against others in the industry. Training and development statistics. Service desk metrics.

Be careful! These books can change your career: People Analytics and HR-Tech reading list

Littal Shemer

Tracing changes in a global sample of firms, it provides an international benchmark against which to measure a company’s HR practice. HR is most powerful when it plays a strategic role, makes use of information technology, and has tangible metrics and analytics. Gene Pease (2015).

The candidate as customer

HR Times

A prized retail manager, for example, might be hired even before the store is built, and then sent to train at existing operations. 1 Talent Acquisition Factbook 2015: Benchmarks and Trends in Spending, Staffing, and Key Recruiting Metrics , Bersin by Deloitte, WhatWorks Brief, April 2015.

The candidate as customer

HR Times

A prized retail manager, for example, might be hired even before the store is built, and then sent to train at existing operations. 1 Talent Acquisition Factbook 2015: Benchmarks and Trends in Spending, Staffing, and Key Recruiting Metrics , Bersin by Deloitte, WhatWorks Brief, April 2015.

Why We Need Retail Employee Engagement Now More Than Ever

Bonfyre

At the National Retailer Federation Big Show 2015 conference, the Answers Corporation announced it had discovered a causal link between retail employee engagement and customer satisfaction in retail.

Annual Performance Reviews Aren’t Dead, but They Do Need New Life

Capterra

The Society for Human Resource Management (SHRM) suspected they were on their last legs back in 2015 before a number of sources officially called time of death earlier this year. If you’re a small or midsize business (SMB) that does annual performance reviews, I have some terrible news.

The Art of Building a Solid Human Capital Strategy

Paycor

You can also click through to our benchmarking quizzes to see where your company either falls short or is doing it right. Providing training and coaching. Investing in supervisor training to help decrease turnover and increase engagement. Benchmark your labor costs here.

Hiring the Wrong Salesperson is a $2-Million Mistake

HR Daily Advisor

It isn’t just a matter of salary and training—it can mean an average of $2 million in lost sales. Typical cost to hire a new salesperson is about $15,000 in hiring costs, plus $20,000 in training, plus an average first-year salary and incentives at $75,000.