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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. Outside pressure and reporting initiatives aside, HR departments must learn to measure, share and explain the human capital metrics that matter to their businesses. Discussion and analysis to explain the metrics.

How You Can Become a Simply Irresistible Organization

HR Bartender

The articles talk about developing outstanding products, killer marketing strategies, and focusing on metrics and numbers. He is a frequent speaker at industry events and has been quoted on talent management topics in key media, including Harvard Business Review , The Wall Street Journal , Bloomberg, The Financial Times , BBC Radio, CBS Radio and National Public Radio. There are lots of articles about what businesses need to do in order to be successful.

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Top 50 HR Twitterati – 2015


Learn more about the metrics and tools we used. Here’s a quick legend for the metrics we used: Number of Twitter followers. She features regularly on HR Top Lists and industry-leading blogs. Jennifer McClure (@JenniferMcClure) May 22, 2015. He’s got generalist experience across many industries and focuses particularly on recruitment and sourcing. HR industry leader, strategist, writer, and speaker in New Orleans with a knack for simplifying complex topics.

Cost-per-hire metrics, demystified


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. Companies that use this metric consistently, have its one great advantage in mind. Another problem with the cost-per-hire metric is that it needs complementary metrics to be useful.

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. Turnover is clearly a very important metric for the HR professionals we surveyed—78% of participants measure it. Compensation-Related Metrics. Benefits and Metrics.

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.

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.

Fact or hype: Do predictive workforce analytics actually work?


Recently HR industry expert and father of the HR Tech conference, Bill Kutik, wrote a column for HR Executive Online about employee flight risk, and talked about the hype around predictive analytics. A full accounting needs to extend beyond hiring and training to include separation, productivity, and lost knowledge. Consider a “crawl-walk-run” approach in your graduation from metrics to true Workforce Intelligence. This one is for you, Bill Kutik.

How HR Can Tackle Diversity Using the Rooney Rule


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. Dropbox is committing to unconscious-bias training for all it’s employees (over 1,200 people), and to regularly release data on the diversity of its workforce. Here are a few demographic metrics you should be monitoring: 1.

Training and Development Survey Results—How Are You Preparing Your Workforce for Success?

HR Daily Advisor

The results of our Training and Development Survey are in. Highlights of the 2015 Training and Development Survey: HR management is involved in training decisions for 63.8% of respondents—slightly edging out executive management (which is involved in training decisions for 63.6% The most popular method of training for the future is online training, with 80.6% of respondents, the number one complaint regarding training is a limited budget.

Topics, Services, and More: Results of Our Training and Development Survey

HR Daily Advisor

In yesterday’s Advisor , we shared the latest data on training and development from our recent survey; today, more results from the study, including detailed responses regarding professional development, popular topics covered in training, and products and services used for training. A total of 976 respondents provided their opinions in the Training and Development Survey, conducted in April 2015. Training Topics. and less training for 3.3%.

How to Engage and Train Your Restaurant Workers Effectively

Rallyware for Human Resources

It is forecasted that by 2026, there will be approximately 16 million people working in the restaurant industry, suggesting tougher competition in the future. Unfortunately, the restaurant industry is infamous for its high turnover rate, rising from 66.7% 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.

Culture Initiatives to Inspire Innovation at Work


This is the iterative process of proactively managing your company culture through ongoing employee feedback and monitoring culture metrics. Seize industry-related learning opportunities and trainings to help employees think outside of the box. This gives attendees a fresh perspective, in addition to new ideas regarding industry standards, practices, and services. Steve Jobs once said “[Innovation] is not about money.

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what to say to an employee who’s requesting too much time off, training the person who’s taking your job, and more

Ask a Manager

I am working on establishing these metrics with them and getting to know how they work. We have to train the person who will be taking our jobs. To make matters worse, they actually sent someone over from India and made us train him in how to do our work. For weeks, I came to work everyday with the sole purpose of training the person who is taking my job. that someone who has maybe a stronger work history but no connection to this industry would not necessarily have.

5 Must-Have Metrics for Recruitment Success


These metrics just won’t cut it in a place like Silicon Valley, where skills and expertise (quality) trumps fast and cheap. Here are five indispensable metrics that will help you determine whether you are finding top quality hires who will move your business forward — In short, whether you are actually recruiting people you want to retain. Remember: For all these metrics there is a spectrum in terms of success. Must-have recruitment metric #2: Offer acceptance rate.

Using Employee Feedback Data to Train the Next Generation of Management


In the wake of today’s talent challenges, having an engaged employee base is critical to success in any industry. 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.

Results from BLR’s 2015 Recruiting Survey

HR Daily Advisor

Yesterday’s Advisor covered some of the results of our 2015 Recruiting Survey. Management Onboarding Training. of respondents said that their management team does not receive training on how to successfully onboard new employees, 40.6% said they do receive training, and 8.1% Still, the majority of respondents (58.7%) don’t measure this metric. Quality of Hire Metrics. Performance during training period and actual job performance. Alternate Metrics.

4 Ways HR Can Impact Culture and Engagement Now 

HR Cloud

For the first time this year, culture and engagement was rated the most important issue overall in Deloitte’s 2015 Global Human Capital Trends report. Nonetheless, to truly be successful and be noted as an industry leader, organizations need to spend 2015 focused on making engagement and culture the #1 priority. Opportunities for career growth, coaching, and training are more important than starting salaries and signing bonuses.

The 4 Metrics You Need to Gauge Employee Performance


However, the 2014 Global Assessment Trends Report from CEB found only half of respondents use talent metrics to prove ROI, and only 45 percent currently use objective measures of potential to guide development and succession plans. But where employee performance metrics are concerned, less is more. In an effort to accurately gauge the performance level of your employees, consider scaling down from too many subpar measurements to these four tried-and-true talent metrics: 1.

6 Myths (And Realities) About HR Tech You Need to Know About

Spark Hire

It’s simple: The human resources industry is constantly evolving, and HR professionals need to adopt the latest tech tools in order to keep up. Once you’re familiar with the technology, then you’ll need to train your staff to use it. Here are a few common HR tech tools and the metrics you can use to better test for success: Video interviews: Video interviews are all about speed and screening.

The Ultimate Subjective Thought Leader List

marenated HR

Thought leaders are prevalent in our industry and many worked hard to get there. Placement on a list on my little blog isn’t going to give them some high they haven’t already experienced from speaking to packed rooms, being quoted in magazines or having their byline on a book/event/training/etc. Not to sell stuff or increase any metric that I’m aware of, but because that’s genuinely part of his personality.

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.” Make sure your pay and benefits are the best in the industry. When employees want to move up, onsite training and learning incentives make this possible. Participate in industry conferences. Tess C.

Does Your Company Walk the Talk? More Results of Our Employment Branding Survey

HR Daily Advisor

391 participants responded to the Employment Branding Survey, conducted in June 2015. A minority (43.7%) of respondents try to limit negative comments shared publicly by current employees, and they are most likely to attempt this by policy (60.7%) over training (48.7%) or request (37.6%). Start on Tuesday, September 1, 2015, with a new interactive webinar, HR Metrics Best Practices: How Big Data Drives Big Decisions. Training Current Employees on Branding.

5 Steps to Creating a Merit Matrix

Compensation Today

Let’s say your company has a robust performance management process in which employees are rated on series of categories/metrics and their overall score is an average of all scores in each category, usually carried out two decimal places (i.e. She specializes in developing base pay plans, analyzing and updating existing pay structures, and training management teams on compensation best practice. Most companies today are actively working to develop a pay-for-performance culture.

Eliminating Talent Shortages: Maybe Poaching Competitors Is the Way to Go

TLNT: The Business of HR

As the economy continues to improve, any current shortage at your firm will only get worse, at least until you upgrade your recruiting and employer branding strategy to the point where it is near the top in your industry. As a result of making a strong business case, Google has a recruiting budget that is double that of the average firm in their industry. Second of two parts.

5 Powerful Human Resource Trends in 2016


In 2016, the biggest barrier to CIO success is the subject of talent and specifically, how we, as business leaders will hire, retain and train not just our future organizational leaders but the regular old Joe or June average employee. It includes training, engagement, culture and HR administrative tasks. These are all things that things that are extremely hard to quantify from a metrics and analytics standpoint. This blog is part of a 2016 Trends Series.

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

Compensation Today

Why it matters: More and more companies across all industry sectors are shifting toward an increased level of pay transparency as it can result in higher job satisfaction and higher intent to stay from employees. Not just the amount, but the payout period, who is eligible for what, the metrics the employee is measured against, and so forth. Download the free 2015 PayScale Compensation Best Practices Report.

Employee Training: HR Learns From Elementary School Educators

SAP Innovation

21 st Century learning metrics. Of course, corporate learning requires a different kind of metric than school-age curriculum. For more creative approaches to corporate training, see How To Impact Training The Right Way. Future of Work Higher Education and Research Industries Talent Ecosystem #Forbes corporate learning talent development

Organizations Have Needs, Too—A Hierarchy for HR Professionals

HR Daily Advisor

All organizations, regardless of industry or objectives, require these three resources for simple subsistence. Basic metrics and reporting, budgets, compensation plans, performance review tools, and communication systems are all examples of organizational infrastructure. With our overarching view of the organization and training in motivation, we are in a unique position to assess and advise. By Amanda C. Richards, MS, MA.

Using Employee Feedback Data to Train the Next Generation of Management


In the wake of today’s talent challenges, having an engaged employee base is critical to success in any industry. 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. Depending on the needs of your business, as well as the industry, these metrics can vary, but they should all focus on the happiness and engagement of your workforce.

Join #panTalentChat #Webinar Can Data Help You Hire Better?


Biro will present a webinar with pan, an industry-leading talent assessment solution, titled “6 Strategies to Improve Your Quality of Hire.” How can we use talent analytics and metrics to answer the same basic six questions we always need to ask? The results will indicate how to revise scoring metrics going forward, and how to maximize successful hires. Comparing hiring data to critical metrics for success, you can demonstrate the financial impact of a good hire.

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Is It Time for Wearable Tech in the Workplace?

Asure Software

Analysts at Forrester Research believe wearable technology will first become prevalent in vertical industries – health care, for example. To further the legitimacy of wearable technology in the workplace, here are several ways your organization might leverage wearables to advance your business: For training: Headsets and GoPro cameras can help co-workers share their on-the-job experiences in real-time or on demand. By Tom Loveland, Global SVP of Product Strategy.

4 Steps to Turning Your Expense Data into a Powerful Asset


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. If you can get access to the data, you can even compare yourself to industry averages or a specific competitor. For instance, train your managers and employees on the new policies and processes, and be sure to explain the business impact of non-compliance.

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?). She’s been working in the corporate world for over 15 years, with experience across multiple diverse departments including HR, sales, marketing, IT, commercial development, and training. Is your company bringing a new executive on board sometime soon? How do you decide the appropriate level of compensation?

Q&A with Shawnee Irmen, Vice President of Talent Acquisition, Golden Living


This is where training with facts and examples comes in handy. I believe that HR is responsible for training managers how to not only screen candidates, but how to conduct and close an interview as well as how to follow up or respond to candidates after the interview takes place. Giving a manager training and ensuring they are confident, comfortable and prepared to screen, interview, select and communicate with candidates is highly important. All Industries

HR Tech Trends to Watch in 2016


Unlike Yogi’s quotes, which adorn many a wall and office desk, the factors that influence the appeal, stickiness, impact and longevity of industry trends are a bit more complicated to hypothesize about. Steve Goldberg , a principal within Ramco’s HCM practice, has been a global head of HR systems, vice president of HCM product strategy, change-management firm co-founder, industry analyst and HR tech advisor.

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

HR Times

Posted by Josh Bersin on December 17, 2015. We just completed a two-year research study (our 2015 High-Impact Talent Management research ) and the results are profound: among more than 128 different practices we studied, the talent practices that correlate with the highest performing companies are what we call building an “Inclusive Talent System.” Global Human Capital Trends 2015 Explore the trends.

Supporting Patient Outcomes with Leadership Development


No one questions the challenges the healthcare industry faces. Both the May and June issues of TD magazine cover the healthcare industry and how it’s addressing these challenges through talent initiatives. Consider the leadership competencies you need for the future and identify gaps, keeping in mind the ever-evolving nature of the healthcare industry.

Make Your Compensation Work Across Generations

HR Daily Advisor

Is there someone internally who might be able to fill that position given adequate training? What programs do you have in place to train internal staff so you won’t be in the same position again in the future? ” Recruiting is a challenge for 2015. Learn what’s happening in the real world with our new research report, Recruiting Best Practices: Finding and Attracting Talent in 2015’s Challenging Business Climate.

Why You Should Hire Candidates for Potential


This isn’t to discourage recruiters from making their counter offer, but if time-to-hire is a hiring metric you’re keeping a close eye on, sticking too close to your guns to find the perfect fit can mean the position stays open much longer than expected. Does the hiring timeline bode well with factors including industry trends, the team’s budget, and the other open reqs you need to fill?