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Five Awesome Recruitment Metrics for Tech Innovation Success (How to Link Workforce Metrics With Business Outcomes, Part One)

Visier

The first in a four-part series on linking workforce metrics to business outcomes, this post looks at five indispensable recruitment optimization measures that will help you move the needle on tech innovation — without breaking the bank. Here’s a reality check for your leadership team: It takes a bit more than a ping-pong table to attract and retain a group of in-demand software engineers who regularly delight new and existing customers with innovative products.

How Wearable Sensors Measure Employee Happiness and Productivity

Cornerstone On Demand

When Bank of America discovered a disparity in its call center productivity, it tried a novel problem-solving approach: outfitting employees with personal sensors. The data Bank of America gleaned from the study led to a surprising insight: The more employees interacted with one another, the better their productivity. Even if companies believe the metrics, it doesn’t tell them why — or how to change anything.

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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. In the report Deloitte Global Human Capital Trends 2015, you tell us that the number one talent issues are engagement, retention and culture. If you’re building a new training, compliance or onboarding program, for example, think about how it will make an employee’s work life better – not just what you want to get out of it.

Top 50 HR Twitterati – 2015

Workable

Learn more about the metrics and tools we used. Here’s a quick legend for the metrics we used: Number of Twitter followers. Jennifer McClure (@JenniferMcClure) May 22, 2015. pic.twitter.com/HDuRGDh1wC — Matt Buckland (@ElSatanico) June 6, 2015. Syndicated blogger and CEO, founder of TenFold Social Training consultancy. link] — Reid Hoffman (@reidhoffman) May 15, 2015. CEO [link] — Ted Coiné (@tedcoine) June 5, 2015.

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.

How to Ensure HR Activities and Metrics Align with Company Objectives

HR Daily Advisor

Aligning HR activities and metrics with company objectives isn’t just prudent. Here are a few of the many ways that the HR team can ensure that HR activities and metrics align with company objectives: Train managers to cascade goals to the next level, modifying as appropriate. Review common HR metrics and present them in a way that benefits executives This may mean that the data have to be analyzed in a new way or presented in a new format.

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. Additional variables include unemployment compensation, missed business opportunities, loss of team productivity, poor customer service, outplacement, weakened employer brand, litigation fees. 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 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. Informed business executives know that talent has the upper hand in today’s market (hiring, new job creation, and voluntary turnover are all at 5-year highs, according to the BLS Job Openings and Labor Turnover Survey released in February 2015).

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Fact or hype: Do predictive workforce analytics actually work?

Visier

In one of the most comprehensive studies that analyzed data from 48 separate studies, turnover was shown to have real impact on financial results, customer service, labor productivity, and safety outcomes. 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.

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. If two or more managers are getting low ethical scores from their reports, then you need to dig deeper into the data to find the underlying issue: Is it lack of training? To some, workplace culture is about as real as corporate pixie dust.

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. 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.

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%.

The Riveting Headcount Story That Can’t Be Ignored: Bringing HR Numbers to Life, Part 2

Visier

The company recently acquired ZippySoftCo to close gaps in its technology and accelerate its product roadmap. The company also re-organized its product development organization to incorporate a team of customer subject matter and usability experts alongside software developers, so that it can continue to innovate with new software releases that meet market demand. Here is an example: Our North American product development team is a fundamental driver of our business success.

The Beginner’s Guide to Championing a Data-Driven Culture Within HR

Visier

I once worked with a retail vendor who wanted to provide analytics to their store managers and staff so they can see how much they sold of a certain product and compare that to some internal goals. But that retailer pointed out that — while they may have very analytic savvy staff — their primary job was to be on the floor selling products and not exploring the analytics. It can feel like preparing for a trip up Mount Everest.

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How HR Metrics Help You Make Smarter Decisions

SAP Innovation

The future of HR metrics is predictive, but that’s not fully ready yet. Predictive HR metrics. Using a product called Evolv, they collected large amounts of data from their front-line employees on their characteristics and their job performance. It costs Xerox $5,000 to train a call center employee, so this is serious money saved. HR metrics in recruiting. Improving employee training. Employee training, while important, can be quite costly.

The Wonders of a 6-Hour Workday

HR Daily Advisor

Organizations in Sweden are testing this theory of minimal productivity loss with a 6-hour workday and are finding it to be true in many cases. Patients need care around the clock, so a shorter workday for an individual means that more nurses will need to be brought on to cover all of the hours (productivity is not measured in output in these situations). Do you feel overwhelmed with the number of metrics at your fingertips? Tuesday, December 15, 2015.

Boundary Theory, Work/Life Balance and Mindfulness

WorkHuman

A study last June by the White House Council of economic advisors showed a “significant positive relationship between work-life balance practices and total factor productivity” and recommended that “wider adoption of such policies and practices may well benefit more firms and workers, and the U.S. In the Heidelberg study, researchers used an online self-training intervention to teach employees how to use mindfulness practices to help create more segmented boundaries.

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100 SHRM Chapter Seminar Program Ideas

UpstartHR

Hands off: supervisor training essentials. How to keep people awake in training (without using coffee). 13 insights you can get from HR metrics. The Next Generation: Moving from metrics to analytics. Why you need to train your supervisors. Creating a passionate, productive workforce. Anylearning: How to encourage employees by offering non-work related training.

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How HR Metrics Help You Make Smarter Decisions

SAP Innovation

The future of HR metrics is predictive, but that’s not fully ready yet. Predictive HR metrics. Using a product called Evolv, they collected large amounts of data from their front-line employees on their characteristics and their job performance. It costs Xerox $5,000 to train a call center employee, so this is serious money saved. HR metrics in recruiting. Improving employee training. Employee training, while important, can be quite costly.

Implementing Your HR Solution Should Be a Positive Experience…Seriously!

PeopleStrategy

Here are some things to consider: Have you established the key success factors / metrics for the implementation? how will you handle product updates and releases)? Discovery process to identify detailed business requirements and map them to product functionality. Identification of training requirements.

Making the Most of Team Interviews

HR Daily Advisor

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. A Little Training and Coordination Makes Team Interviews a Powerful Tool. Train your employees to capitalize on those bonuses while avoiding the pitfalls, and your team interviews will really take off. Yesterday we explored the ups and downs of team interviews.

Lessons HR could learn from Marketing: A Report from #DreamForce15

OmegaHR Solutions

Training should be like inflight refueling, always ready to keep the employee going. In many companies the training is left to individual managers who produce an inconsistent method and language from rep to rep. It is capable of producing pipeline metrics. It reduces downtime and increases productivity. marketing talent Technology trainimg onboarding parallels between marketing and HR technology training

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. Informed business executives know that talent has the upper hand in today’s market (hiring, new job creation, and voluntary turnover are all at 5-year highs, according to the BLS Job Openings and Labor Turnover Survey released in February 2015).

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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. They’re productive, high performers and lead even if they’re not in a seniority level. Understanding the values of an employee’s engagement will help provide insight into overall productivity, retention, skill set and acquisition. These metrics are derived from: Performance.

The Beginner’s Guide to Championing a Data-Driven Culture Within HR

Visier

I once worked with a retail vendor who wanted to provide analytics to their store managers and staff so they can see how much they sold of a certain product and compare that to some internal goals. But that retailer pointed out that — while they may have very analytic savvy staff — their primary job was to be on the floor selling products and not exploring the analytics. It can feel like preparing for a trip up Mount Everest.

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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.

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.

Effective Scheduling and Tracking Will ImproveProductivity

nettime solutions

ACA compliant cloud-based time and attendance software can help regulate your internal processes automatically with out effecting work productivity. For many, productivity is a concern within the workplace. In fact 30% of the companies who were interviewed acknowledged that they base their employees’ productivity levels on engagement alone. From a management perspective you can regulate your employees’ productivity levels with an effective point system.

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

Namely

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.

The Key to Strategic HR: You Must Be a Strong, Capable Business Partner

TLNT: The Business of HR

Understand the business metrics (such as profit, margin, ROI, free cash flow productivity) and what drives them. For example, if your company uses Total Shareholder Return (TSR ) as a key performance metric, the HR leader should know the specific metrics that drive TSR. And who is better qualified than the HR leader, a person who understands the pressures and challenges of the business leader, a neutral observer who is trained as a coach?

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

Spark Hire

Once you’re familiar with the technology, then you’ll need to train your staff to use it. They’re not listening to what you need or customizing their product. A new product or service is hyped as “the next big thing” and then it doesn’t work. 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.

21 fresh employee engagement ideas

Compensation Today

All businesses can use more happy workers Letting employees know how much they’re appreciated can do wonders to create a positive and productive environment that’s also great for business. A University of Warwick study found that employees provided with incentives to boost their happiness were between 12 and 20 percent more productive on the job. What kind of impact could productivity increases like these have on your bottom line? Tess C.

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. Consider productivity-based metrics that focus on your employees’ ability to meet deadlines. Simple niceties, such as free coffee, can go a long way when it comes to making your employees happy and boosting productivity.

The Best Way to Prevent Bullying

HR Daily Advisor

The line between bullying and harassment is very thin, and any employee who leaves your company because he or she was bullied just might come back with a lawyer—never mind the loss in revenue due to employer turnover rates, loss of productivity, and low morale associated with bullying. You can also provide training to everyone at the company, managers included, about bullying and how destructive and damaging it can be for your business.

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

TLNT: The Business of HR

If you want a high volume of already developed and proven talent, you have no choice but to focus your recruiting on luring out that most desirable talent away from your product and talent competitors. And finally, in order to be successful, you also need highly aggressive and well-trained recruiters that excel at direct sourcing. . Once everyone is involved, it’s recruiting’s job to use metrics and analytics to determine which recruiting and branding approaches work the best.

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. In addition, the outlook and emphasis in this phase is much more long-term—a long and productive life over current profitability. 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.

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

TalentCulture

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. How much does a bad hire cost — in lost productivity, mistakes, and the cost to recruit, onboard, and train a new hire? Comparing hiring data to critical metrics for success, you can demonstrate the financial impact of a good hire.

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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. Employee feedback data helps to retain top talent by keeping stakeholders engaged, happy and productive, and also plays a role in shaping the professional development of young workers looking to ascend the corporate ladder through continuous feedback. Key Metrics.