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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.

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?).

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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. Compensation-Related Metrics. Benefits and Metrics.

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.

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.

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.

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.

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.

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

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. “The Interruption Strategy" aims to break what she calls the “diversity industrial complex" — the common approach of making a few token hires, implementing sensitivity training, creating mentoring programs and other similar vague changes.

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.

Strategic HRM (HR Carnival)

UpstartHR

David Richter from OctopusHR offers a great case study into how the HR team aligned training goals with the organizational strategy (with some excellent results). Sandrine Bardot at Compensation Insider brings us a plan for how to get buy in for your compensation and benefits plan.

How HR Metrics Help You Make Smarter Decisions

SAP Innovation

The future of HR metrics is predictive, but that’s not fully ready yet. How can we change our compensation process? Predictive HR metrics. It costs Xerox $5,000 to train a call center employee, so this is serious money saved. HR metrics in recruiting.

How HR Metrics Help You Make Smarter Decisions

SAP Innovation

The future of HR metrics is predictive, but that’s not fully ready yet. How can we change our compensation process? Predictive HR metrics. It costs Xerox $5,000 to train a call center employee, so this is serious money saved. HR metrics in recruiting.

5 Mistakes to Avoid with Your Intern Program

CultureIQ

The process should include assigning interns with a workspace, introductions to the team, and training. Skimping on compensation. In turn, interns should receive fair compensation. Depending on your organization and the specifics of the internship , compensation can be monetary or come in the form of class credit. In addition to official compensation, provide plenty of formal enrichment opportunities, such as networking, regular seminars, or even travel. .

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 195

Using Employee Feedback Data to Train the Next Generation of Management

Kazoo

Function area leaders in HR and recruiting are subsequently looking to analyze employee feedback data to identify and act on trends in training and retention. Key Metrics. The post Using Employee Feedback Data to Train the Next Generation of Management appeared first on Kazoo.

Using Employee Feedback Data to Train the Next Generation of Management

Kazoo

Function area leaders in HR and recruiting are subsequently looking to analyze employee feedback data to identify and act on trends in training and retention. Key Metrics. The post Using Employee Feedback Data to Train the Next Generation of Management appeared first on HighGround.

How to Engage and Train Your Restaurant Workers Effectively

Rallyware for Human Resources

in 2015 according to the Bureau of Labor Statistics. Two things that can improve employees’ morale and decrease the turnover rate are a healthy environment and effective ongoing training. Detoxify training. When your employees are stressed out about training, it can’t be effective. Your training should simplify work, not make it even harder. That’s why managers need to address mental health training to help their staff deal with ongoing challenges.

21 fresh employee engagement ideas

Compensation Today

According to PayScale’s 2015 Compensation Best Practices Report , unsatisfactory pay is the main reason people leave companies, which is no doubt why 63 percent of employers said a primary compensation objective is “retaining top employees.” Tess C.

5 Steps to Creating a Merit Matrix

Compensation Today

This is the art piece of compensation – use your best judgment considering where most employees fall relative to their range and where most employees fall regarding performance. Again, this is the creative side of compensation.

10 Rules for Employee Retention Your Competition Will Hate

Insperity

All the time and money you spent hiring, training and growing your people suddenly becomes a gift to your competition. These metrics will help you give your employees clear direction and ensure their work stays on track. Compensate. No one said break-ups were easy.

Real-Time Performance Appraisal: 6 Free Tools to Gamify Your Performance Reviews

Capterra

With gamification becoming a buzzword for every business department from training to project management , to the help desk , it should come as no surprise that performance management is also in the game designers’ sights.

Tools 102

Recruitment and Retention—What’s Really Happening for 2015?

HR Daily Advisor

As we head into 2015, the scope of recruiting and retention is constantly shifting, and we’d like to know a little bit more about how it’s being handled out there. Which metrics are being used to track the quality of hire?

Organizations Have Needs, Too—A Hierarchy for HR Professionals

HR Daily Advisor

Basic metrics and reporting, budgets, compensation plans, performance review tools, and communication systems are all examples of organizational infrastructure. It may be very true that a business is in desperate need of a compensation plan. By Amanda C. Richards, MS, MA.

Survey—Last Chance to Share Your Thoughts on HR Tech!

HR Daily Advisor

HR.BLR.com is your one-stop solution for all your HR compliance and training needs. The world of HR and compensation is constantly evolving, with technology becoming a more important factor every day. Upcoming 2015 BLR survey topics include: HR Metrics.

How Is Tech Shaping the Future of HR? Let’s Find Out! Please Participate in Our HR Technology Survey Today!

HR Daily Advisor

HR.BLR.com is your one-stop solution for all your HR compliance and training needs. The world of HR and compensation is constantly evolving, with technology becoming a more important factor every day. Upcoming 2015 BLR survey topics include: HR Metrics.

Talent Management Dashboard Templates

HR Daily Advisor

Staff training (% of staff completing new hire training within 90 days of hire). Increase the percentage of managers who indicate that our compensation and performance management processes help align and maximize our people’s performance with the goals of the organization.

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.

How to Achieve Talent Management Excellence in Your Organization

Oracle HCM - Modern HR in the Cloud

Fragmented HR processes: Areas such as hiring, onboarding, performance management, learning management, and compensation and reward are often compartmentalized, with no one looking at the overall view across processes. By Madhur Chaturvedi.

15 Recruiting Techniques to Hire Like Box

Entelo

Fast forward to 2015, Box is a publicly traded company with nearly 1,600 employees, and the cloud is a virtual seventh heaven. We took note of Box's sourcing tactics, and the metrics and tools they used to build one of the top hiring orgs of all time. There was no formal training.

10 Ways to Create an Employee Engagement Culture

Kazoo

Giving employees specific goals, as well as the training, tools, and resources needed to perform their job will foster employee motivation. When you’re looking at how to engage employees, start out by offering competitive compensation, benefits, and reasonable working conditions. Founded in 2013, Kazoo grows company culture and improves bottom-line performance metrics through its robust engagement platform that delivers recognition, rewards, incentives, and team insights.

Outsmart Unplanned (and Costly) Employee Overtime

Insperity

Paying employees overtime happens, and it may even be wise to include it in your compensation and staffing strategies. Do your employees need more training?

HR Technology Survey—Tell Us How Tomorrow Is Being Shaped … Today!

HR Daily Advisor

HR.BLR.com is your one-stop solution for all your HR compliance and training needs. The world of HR and compensation is constantly evolving, with technology becoming a more important factor every day. Upcoming 2015 BLR survey topics include: HR Metrics.