Five Must-Have Manager Effectiveness Metrics for Engagement, Performance, and Tech Innovation Success

Visier

How to Link Workforce Metrics With Business Outcomes, Part Two. The second in a four-part series on linking workforce metrics to business outcomes, this post looks at five key metrics for manager effectiveness that will help your organization motivate talented people.

Five Must-Have Manager Effectiveness Metrics for Engagement, Performance, and Tech Innovation Success

Visier

How to Link Workforce Metrics With Business Outcomes, Part Two. The second in a four-part series on linking workforce metrics to business outcomes, this post looks at five key metrics for manager effectiveness that will help your organization motivate talented people.

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Recruiting Best Practices- Your Technology and You

HRchitect

This confidential data is stored in the system and can be used by management in creating metrics to ensure that recruiting process allows your organization to make the best possible selection and promote diversity. Metrics and Analytics. He joined HRchitect in March 2015.

Cost-per-hire metrics, demystified

Workable

Cost-per-hire (CPH) is one of the most intriguing recruiting metrics. SHRM and ANSI define this additional cost-per-hire metric. The RCR formula is: You may include total annual compensation before new hires complete their first year. This metric can be more useful than CPH.

Align Your Compensation Strategy with Business Priorities

Compensation Today

Taylor, PHR, SHRM-CP, PayScale Senior Blogger At the intersection of business objectives and recruitment is a strong compensation strategy. Use real-time salary surveys, webinars on compensation, and content shared by experts in this area to become educated. Tess C.

Executive Compensation 101: What to Consider

HR Daily Advisor

How do you decide the appropriate level of compensation? How do you align executive compensation goals with the overall company compensation philosophy? Executive Compensation–Consider the Angles. Other metrics?).

How do Compensation Planning Tools work?

HRsoft

Compensation today has moved far beyond the mere exchange of money for talent (or time). A high quality compensation plan must be able to: Make the most of each budget allocated to each department and employee. What Makes a Compensation Plan Strategic?

Life Cycles and Compensation

Compensation Cafe

Compensation programs need to adapt to these different stages as companies grow and evolve. For example, compensation plans needed for start-ups are very different compared to those needed for mature companies. Let’s see how the various stages impact compensation. . Compensation : Salaries are limited as companies are not flush with cash. There is no formal compensation program. Decisions on compensation-related issues are handled in a discretionary manner.

Woulda, Coulda, Shoulda: An Incentive Compensation Story

Compensation Cafe

Inside that company, worked a compensation professional (“Yolanda”) who juggled many projects. She also combined all of these skills to build and manage her incentive compensation plans. She explained that the Compensation Department could only show the path to success.

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.

Bonuses Remain the Top Priority for Raising Compensation

Compensation Today

Taylor, PHR, SHRM-CP, PayScale Senior Blogger Recently, I wrote about the sluggish state of the US economy and its impact on wages for the third quarter of 2015. Are employee bonuses the new compensation strategy? Tess C.

Four Questions Strategic HR Pros Ask to Drive a Culture of Ethics in Financial Services

Visier

How to Link Workforce Metrics With Business Outcomes, Part Four. But with Big Data, culture can also be measurable, and boiled down into actionable insights so that it permeates everything from hiring and training to compensation practices.

Recruiting Metrics that Measure Greater Company Health

Entelo

Indulge me in my assumption that you've spent a not inconsiderable amount of time trawling the blogosphere for advice on recruiting metrics. What recruiting metrics do you use to help you assess organizational needs? Recruiting Metrics

Cost-to-Hire: Don’t Spend $100s to Earn Pennies

Cornerstone On Demand

According to the Brandon Hall Group , the majority of organizations have a very limited grasp on true cost-to-hire metrics — especially for poor hires. How often do you make bad hires? If you're like 95 percent of other organizations (of any size), you make bad hires every year.

PayScale Tools for Today's Comp Pro! Compensation Glossary: Part 1 of 4

Compensation Today

Jenni Marquez, CCP, PayScale Compensation Professional Even the most seasoned HR professional might take a big gulp if approached by their CEO to take charge of anything comp. That’s because, despite being part of the HR department, compensation is like the cool kid at a party.

Increased Use of Quality Measures in Physician Compensation Models

HR Daily Advisor

The findings of this year’s SullivanCotter annual Physician Compensation and Productivity Survey indicate a continued increase in the prevalence of quality-based incentives, which typically include metrics regarding clinical processes, patient experience, and access.

The Results of Our HR Metrics Best Practices Survey Are In!

HR Daily Advisor

The HR Daily Advisor’ s HR Metrics Survey, conducted in April 2015, sought to gain a better understanding of how metrics are being utilized in the field of human resources. Does HR use metrics to gauge its own performance as a department? More Recruiting Metrics.

Make Your Compensation Work Across Generations

HR Daily Advisor

In yesterday’s Advisor , we looked at the first two of Payscale’s five compensation tips for workers at all stages of their careers, referencing their report, Compensation Challenges for a Multi-Generational Workforce. ” Recruiting is a challenge for 2015.

The HR Leadership Revolution — Will You Thrive?

Visier

A February 2015 study — conducted by Harris Poll on behalf of Visier — surveyed 301 corporate executives at companies with revenue of $1 billion or more across America and asked about sought-after HR leadership skills.

CHRO 410

A Closer Look at Executive Compensation

HRExecutive

According to an SEC statement announcing the proposal, the rules “would provide greater transparency and allow shareholders to be better informed when they vote to elect directors and in connection with advisory votes on executive compensation.”. The U.S.

Make Your Presentation Relevant: Sample Metrics for the C-Suite Audience

HR Daily Advisor

In yesterday’s Advisor, we shared tips on presenting HR metrics to the C-suite from guest columnist and business consultant Bridget Miller. Today, Miller elaborates on specific metrics that may be of interest to your executive team. What metrics should you present? To decide on proper metrics, the HR team will need to assess the needs of their organization and meet with their executive team in advance to be on the same page in terms of what is important to each team member.

Use 'The Interruption Strategy' to Tackle the Diversity Gap

Cornerstone On Demand

In her Harvard Business Review article, “ Hacking Tech's Diversity Problem ," Williams introduces a new metric-based approach to increasing and retaining diverse employees in organizations. Step 2: Identify Key Metrics. Once you've identified a problem, you must identify your metrics. Once you have determined a point of bias and related key metrics, it's time to experiment.

Breaking the (HR) Rules: Making Friends at Work

UpstartHR

Via @DawnHBurke #alshrm15 — Ben Eubanks (@beneubanks) May 20, 2015 You Need Friends at Work Let’s go with someone reputable, like Gallup , to make this argument. Last week I had the pleasure of speaking at the Alabama SHRM Conference.

ATS 263

Let’s Talk About the Trend Away From Base Pay Increases Towards Short Term Rewards

Something Different

…So this morning I read a great piece ( here ) from the NY Times highlighting a sea change in the way compensation is being managed in the U.S. Compensation hr human resources

Trends 169

‘Tis the Season for Rising Health Care Costs – Managing Total Compensation Changes

Compensation Today

How will employers manage their total compensation strategy for the coming year in order to remain competitive? Communicating with visuals to show how plan premiums may impact total compensation, but emphasize the additional “invisible” perks they get too. Tess C.

What is Important in HR Technology?

New to HR

As millennials, those aged between 18 and 34, tipped the generational scale and became the majority workforce in 2015, the dependence on technology has only risen. Analytics and Metrics. HR Technology Big Data HR HR Analytics HR Metrics HRIS

Ultimate Software and Customers — Partners for Life

Ultimate Software

They help us to continuously improve and deliver the HR, payroll, talent, compensation, and time and labor management solutions that not only help them achieve, but surpass their business goals.

HR Metrics Survey—What’s Being Measured These Days?

HR Daily Advisor

Metrics and analytics, along with the hypotheses drawn from them, are having a great impact on how decisions, big and small, are made—including in the field of human resources. So, what’s happening with HR metrics out there? We’ll get answers to these questions and more: Which metrics are being maintained relating to HR departments and their functions? What sort of metrics are being used for hiring? For compensation?

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.

From the SEC: Please Link Executive Pay to Performance

Compensation Cafe

We now send executive compensation to its inevitable peaceful and infinite slumber. April 29, 2015 was officially the beginning of the end of soaring executive pay. Do you think the amount “actually paid” is a reasonable method for valuing compensation?

Strategic HRM (HR Carnival)

UpstartHR

Sandrine Bardot at Compensation Insider brings us a plan for how to get buy in for your compensation and benefits plan. Linda Brenner at Designs on Talent finally gets us to one of the most basic of strategic HR tenets: metrics.

Framing the Recruiting Work You Do For Hiring Managers In a Single Sentence.

The HR Capitalist

Do we have compensation issues? If your recruiting/talent metrics do anything, they should provide line of sight to how things are going. When you''re reporting on your own recruiting shop''s effectiveness, there are a lot of ways to do metrics.

From Healthcare Worker Engagement to Patient Satisfaction: Your Six-Step Guide to Building a Service-Value Chain

Visier

How to Link Workforce Metrics With Business Outcomes, Part Three . For example, if feedback about rewards is negative for a work unit that is getting poor performance scores from patients, is there something that can be adjusted in terms of compensation?

Data 320

This is What Talent Management Will Look Like By The Year 2018 — Are You Ready?

Visier

While talent management is viewed as an urgent priority, knowledge about the workforce is typically limited to isolated metrics, such as time-to-fill for vacant positions. This may go without saying, but your employees aren’t like cars and trucks.

Develop Grow Achieve - 3 Tiers for P4P

Compensation Cafe

Metrics for development can be tricky when looking for direct alignment to pay. In individual terms we should focus on those metrics that drive growth, rather than the end result of growth. It is fine to include some aspect of the DEVELOP metrics for those newer to this level.