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HR Metrics – Connecting Goals to Organizational Strategy

New to HR

Human Resource Metrics are a crucial way of analyzing the successes and failures of your department’s outreach, influence, programs and processes. Allow your metric data to guide you financially and highlight your best talent, serving as proof of your impact and a record of progress. There are different types of analysis we can use when attempting to connect our human resource goals to our organizational strategy. Did employees request more training in some areas?

How To Build a Successful Mentoring Program

HR Bartender

Once you have senior management support, you’ll want to get your hands on some specific resources to help you design the program. One of my go-to resources for design ideas is the Association for Talent Development’s (ATD) Infoline series. And the ATD resources can help you develop a program that works for your organization. One last thing to consider is developing the metrics for evaluating the mentoring program. So the metrics should correspond to those goals.

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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. Former COO of The Society for Human Resource Management. 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.

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How to Create a Data-Driven Workplace

Cornerstone On Demand

From increasing leadership effectiveness to analyzing employee performance to developing training for increased customer loyalty, the impact of a data-driven culture runs far and wide. When you're just beginning a data program, focus on a single metric or goal that can prompt a larger conversation about the impact of analytics, Schmidt advises. While conversation and success stories generate intrigue, the next step is dedicating resources to transform intrigue into action.

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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. Interviewers — recruiters and hiring managers alike— must be trained to assess cultural fit, as well as technical or functional skills. 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.

Cost-per-hire metrics, demystified

Workable

Cost-per-hire (CPH) is one of the most intriguing recruiting metrics. The Society of Human Resource Management (SHRM) and the American National Standards Institute (ANSI) were both involved. Note that internal costs can include resource allocation from one team to another for recruitment purposes, even if money stays in the company. Cost-per-hire calcuations don’t include any costs after employees are hired, e.g. training costs. This metric can be more useful than CPH.

Sold Out: A Lesson on Event Content (and the Future of HR)

UpstartHR

SOLD OUT – #707: HR Metrics that Matter: The Process of Developing a Business Scorecard It made me stop and think, especially in light of some of the conversations I had with others at the event about what sort of content was being offered. I’ve always had trouble with those types of training on the supervisory side of things. Going back to the original intent of this post, I was glad to see the metrics session being sold out.

Stop Wasting Time Measuring HR Data

UpstartHR

If you’re gathering data for the sake of gathering data, then you are wasting time and resources, and you’re probably harming your credibility as well. Learning: what is more valuable in business terms, measuring training completions or measuring changed behaviors based on the training? But if you are truly looking at how your training is changing the organization and making people work smarter, then completion information just isn’t enough to do that.

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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. 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.

What Does “Strategic HR” Really Mean? (And are you doing it?)

BambooHR

General HR HR analytics business partner business strategy company strategies HR principles human resources metrics professional development strategic HR trainingHave you ever gone fishing? Some people love the relaxing rhythm of casting and reeling, while others are competitive about actually catching fish. People who fish to bring home dinner may become frustrated if the act of fishing doesn’t actually contribute to catching fish. HR can feel the same way.

Last Thoughts on 2015’s Best Software Recruiting Solutions

HR Daily Advisor

See yesterday’s Advisor for the metrics, so far, discussed. The metrics, so far, paint an incomplete picture. Start on Wednesday, November 18, 2015, with a new interactive webinar— Hiring Mr. or Ms. That being said, the following are four strategies concerning these five products based on the metrics and features discussed in this article. Join us Wednesday, November 18, 2015, for a new interactive webinar, Hiring Mr. or Ms. Wednesday, November 18, 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. When PWC asked 1,700 CEOs in its 17th annual Global CEO Survey where they are applying resources and energy to make the business successful, the data revealed that companies are focusing on talent strategy.

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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? What metrics do respondents find to be the most useful? Some Highlights from the HR Metrics Survey: The most popular metric among participants was turnover, which is measured by 78% of the response pool.

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? Which metrics are the most popular or most widely used?

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 Importance of Analytical Thinking Ability in HR

Something Different

Strong business acumen, analytical thinking ability, solid quantitative skills, and the ability to manage data to generate prescriptive insights are all integral components of said bullet, which is defined by Sackett as ‘creating and tracking metrics that have bottom-line impact to your organization.’ General HR hr human resources

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.

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

Visier

Once you have defined the main business goals, you need to apply your unique value as a provider of human resource expertise, and then ask this question: How does our talent impact those business goals? You should also consider making data literacy training a key component of development programs for you, your HR business partners, as well as line managers. It can feel like preparing for a trip up Mount Everest.

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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%.

Culture Initiatives to Inspire Innovation at Work

CultureIQ

For example, the Society for Human Resource Management (SHRM) notes four steps for creating a high-performance company culture through change: Step 1—Motivate Change. 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. Steve Jobs once said “[Innovation] is not about money.

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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. Personnel to Human Resources: How to be a strategic business asset. Anylearning: How to encourage employees by offering non-work related training.

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5 Mistakes to Avoid with Your Intern Program

CultureIQ

The process should include assigning interns with a workspace, introductions to the team, and training. You need to understand metrics, such as how to measure engagement and conversion rates, so it isn’t something that can be easily tasked as a temporary project. Interns need mentors–not someone to hold their hand, but someone who can show them the ropes, help train them, and be there for support.

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. It costs Xerox $5,000 to train a call center employee, so this is serious money saved. HR metrics in recruiting. But if you don’t have the budget to pay for job postings or join the Talent Advantage you can still use the free resources LinkedIn offers. Improving employee training. Employee training, while important, can be quite costly.

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. It costs Xerox $5,000 to train a call center employee, so this is serious money saved. HR metrics in recruiting. But if you don’t have the budget to pay for job postings or join the Talent Advantage you can still use the free resources LinkedIn offers. Improving employee training. Employee training, while important, can be quite costly.

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. Myth #5: Tech takes the “human” out of human resources.

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. The great chief human resources officers (CHROs) I know are all great students and observers of the businesses in their companies.

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Company Culture Code, Mission Statement, Core Values: What’s the Difference?

CultureIQ

Be creative and resourceful. Understand metrics, but make human decisions. Having a written culture code also comes in handy for training and recruiting. ©iStockphoto.com/ belchonock. Mission statement, core values, company culture code. You hear these words thrown around a lot, but what do they really mean? And do you need them in your company?

The Wonders of a 6-Hour Workday

HR Daily Advisor

Do you feel overwhelmed with the number of metrics at your fingertips? Start on Tuesday, December 15, 2015, with a free interactive webcast— Metrics that Matter for Managing Employees. Wouldn’t it be nice to simply bypass the buzzwords and look at what’s really important−the key metrics that your organization needs to boost productivity, streamline management, and reduce compliance risks? Tuesday, December 15, 2015. Train Your Entire Staff.

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! How, by utilizing metrics and data, exceptional recruiters can take the guesswork out of determining the most effective sources, assessment approaches, and candidate closing approaches. Tuesday, October 20, 2015. Train Your Entire Staff.

What a ride!!! #ALSHRM15

hrpockets

— Pam Werstler (@HRPamW) May 19, 2015. — ALSHRM (@ALSHRM) May 19, 2015. "If — Jennifer McClure (@JenniferMcClure) May 19, 2015. — ALSHRM (@ALSHRM) May 20, 2015. Use data to help you make better human capital decisions not to track a metric that has happened in the past #alshrm15 @JenniferMcClure. — Mary Ila Ward (@MaryIlaWard) May 20, 2015. "Don't — ALSHRM (@ALSHRM) May 20, 2015. Wow, wow, wow!

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. Taking too long to “onboard” employees and then retaining them for a short time is a drain on resources. 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. 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. When PWC asked 1,700 CEOs in its 17th annual Global CEO Survey where they are applying resources and energy to make the business successful, the data revealed that companies are focusing on talent strategy.

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

Visier

Once you have defined the main business goals, you need to apply your unique value as a provider of human resource expertise, and then ask this question: How does our talent impact those business goals? You should also consider making data literacy training a key component of development programs for you, your HR business partners, as well as line managers. It can feel like preparing for a trip up Mount Everest.

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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.

What Are Employees’ Worth?

nettime solutions

Scorecards are based on a set of advanced metrics that are linked to financial results that can quantify value creation and/or destruction. Training – What is the retention rate of high performing employees before and after training? According to Deloitte Consulting, who surveyed a total of 2,572 human resources and non-HR leaders, 38 percent cited leadership as an urgent priority and 26 percent revealed retention and engagement was next on their priority list.

5 Must-Have Metrics for Recruitment Success

TalentCulture

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.