The New Recruiting Metric: First Year Retention

UpstartHR

Today I want to talk about first year retention, a measure that I believe is going to continue to grow as a recruiting metric, even though many companies wouldn’t consider it even remotely linked to recruiting as of today. Well, that depends on several things, including the recruiting process. Using a metric like first year retention as a recruiting metric provides a more well-rounded picture of just how well it is actually being performed.

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. So it’s important to use metrics that will help you answer questions like: Which managers retain the most top performers? Must-have manager effectiveness metric #2: High performer resignation rate.

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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. So it’s important to use metrics that will help you answer questions like: Which managers retain the most top performers? Must-have manager effectiveness metric #2: High performer resignation rate.

The 10 Company Culture Metrics You Should Be Tracking Right Now

CultureIQ

And everyone loves metrics. Therefore, when searching for culture metrics, it makes sense to follow the lead of companies that have had consistent financial and operational success, or in business jargon, high-performance companies. Using these qualities as metrics to track, business leaders can finally understand whether their company is on the path to culture success. Wellness. Workplace wellness encompasses the mental and physical health of employees.

Which Talent Metric Are You Routinely Hung Out to Dry For?

The HR Capitalist

Ah yes - metrics. HR needs to be more metrics driven, right? So answer this question: "Which talent metric are you routinely hung out to dry for?". Well, all positions aren't created equal, which is why I would encourage you to follow up any Time to Fill reporting with some recruiting funnel data - what I'll call the " Show/Interview/Hire ' statement. You get hung out to dry for some of the widely accepted metrics that are out there.

Leaving the Present in the Past

HRchitect

Then, look at the big picture metrics such as FTEs involved, cycle times, and quality for the entire process. This will be time well spent. He joined HRchitect in 2015 as a senior consultant and advises clients on HR technology strategy, selection, and implementation. Written by: Bill Buttimer. Stop mapping the current state HR processes and focus on the future. I recently attended a session at an industry conference to learn about creating an HR technology strategy.

Recruiting Software Solutions: the Best of 2015

HR Daily Advisor

This algorithm supposedly creates an unbiased list of the best software recruiting solutions available in 2015. Instead of a traditional survey, the report was created by a computer program’s analysis of user reviews and ratings, as well as a number of metrics such as customer satisfaction, popularity, social impact, market shares, and so on. Start on Wednesday, November 18, 2015, with a new interactive webinar— Hiring Mr. or Ms. Hiring & Recruiting 2015

Convincing the CEO Isn’t as Difficult As You Think

HR Bartender

I’ve mentioned a couple of times that I’m going to London for Tucana’s HR Change & Transformation conference on October 13-14, 2015. I think I’ve mentioned this story before but it fits so well here. They used metrics and numbers and return on investment. That’s why human resources professionals need to: Understand the key industry metrics for your organization. They are the metrics that set your organization apart from the competition.

Increased Use of Metrics, Incentives among 2017 Wellness Program Trends

HR Daily Advisor

An increased use of metrics, incentive and wearables are three trends in wellness programs according to a survey conducted among 8,000 of America’s Healthiest Employers, a leading independent recognition program for U.S. The survey report, The State of Corporate Wellness, conducted by Springubk and Fitbit Health Solutions, reveals what America’s healthiest employers are doing to keep their workforce engaged and healthy.

Everything #HR Needs to Know About User Experience (UX)

HR Bartender

UX is about much more than just aesthetics, it’s about how well a solution works. Rooted in design engineering disciplines, UX is a careful mixture of art and science that focuses on using objective metrics from real end-users to help drive design decisions. Martin] UX is focused on using objective metrics including both qualitative and quantitative evaluation methods. One of the words I’m trying to banish from my vocabulary is “easy.”

You Should Always Be #Recruiting – Friday Distraction

HR Bartender

I’ve always found the time to fill metric useful. So when I saw this Time Well Spent cartoon from our friends at Kronos , I knew I had to share. (Editor’s Note: Today’s post is brought to you by our friends at Kronos , the global leader in delivering workforce management solutions in the cloud. Forbes recently named Kronos one of America’s Best Employers , and as one of America’s top 25 places to work in IT, Internet, software and services. Enjoy the post!).

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. For instance, one session at the event was focused on the usual “top ten ways to avoid legal trouble this year,” and it had packed out the entire room and the overflow area as well.

What’s Your Recruiting Competitive Advantage

HR Bartender

And we’re seeing some of the effects with increased time to fill metrics. And make sure everyone in the organization knows it as well. I’ve mentioned a few times recently that the hiring market has shifted to the candidate. I ran across this article recently that talks about how more than half of organizations don’t have enough internal candidates to fill their succession plan. Maybe the situation is more than just “mention” worthy.

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. General MetricsPlease. For goodness sake, please stop measuring HR data. See, I know why you’re doing it. You heard this “ big data ” thing it was a good idea, and you started gathering information. Then you realized how easy it was, so you started pulling together even more from a variety of sources.

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Your Data Isn’t Magic – Friday Distraction

HR Bartender

I couldn’t help but laugh at this Time Well Spent cartoon from our friends at Kronos. One of the things we’ve realized over time is that looking at metrics is hard to do. Well, there’s so much data available to us today that we need to know what’s good and what’s garbage. (Editor’s Note: Today’s post is brought to you by our friends at Kronos , the global leader in delivering workforce management solutions in the cloud.

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‘Time to Fill’—Worst Metric Ever?

HR Daily Advisor

Since “Time to Fill” is a metric determined by how much time hiring managers (HMs) take to fill a position, it’s a terrible measure of recruiter productivity. 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. Contract well and live up to their side of the bargain.

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. 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. Individual participants also specified that they have compensation metrics relating to seniority and retention bonuses.

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. Surely, we know which service got an overall high score, as well as which services did well based on the features each offered. Start on Wednesday, November 18, 2015, with a new interactive webinar— Hiring Mr. or Ms. This fits well with how they were rated overall. Wednesday, November 18, 2015.

Top 30 Blogging4Jobs Posts of 2015: #1-15

Workology

We are counting down Blogging4Jobs’ top 30 posts of 2015. But when it comes to the nitty gritty of social recruiting, well, it’s less clear – just how do you craft a Facebook post that will attract the candidates you want? Employee engagement was a hot topic in 2015, but what really is employee engagement and what are we engaging our employees for? How HR Metrics & Big Data Can Transform Your Hiring. #11

Talent Acquisition Systems Effect on the Candidate Pipeline

HRchitect

Access to social media outlets, company branding, workforce planning, advanced metrics, easier integrations and more. He joined HRchitect in 2013 as a Regional Sales Manager, and leads the sales efforts in the 15 state central region of the US as well as central Canada. Written by: Reggie Wilson. When the term “pipeline” is referenced in business practices today, most assumptions will center on activities in the sales and business development realm.

Changing is NOT Transforming!

Cornerstone On Demand

Well, let me ask you this, does the caterpillar become a better caterpillar or a butterfly? This differentiation is crucial when undergoing any kind of alteration because each requires similar as well as different components for success. Each, change processes and transformations, requires an understanding of the ‘As Is’, as well as a sense of urgency and a set of metrics for success.

Choosing the Proper Team Members

HRchitect

They can help disseminate information to all who will be impacted by the new system, as well as engaging management in helping remove obstacles, put closure to outstanding decisions and support change. The Project Team members will work directly with sub-team members as well as others to help define system requirements; review proposed designs; and help build tables which will drive the system. Written by: Michael Sischo.

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.

How to Build a Talent Pipeline with Social Media Content Marketing

Cornerstone On Demand

Before and after work and weekends work well. Using tools like Buffer and Hootsuite, you can easily track your metrics around your objectives. Then, you can use insights from your social media metrics to drive the content of your email marketing. We have an interesting dichotomy in the world of talent—companies are crying out about talent gaps everywhere, without using their full range of resources to actually look for talent. One such resource is social media.

HR’s Most Controversial Articles of 2015

marenated HR

2015 was a year for uncovering some faulty practices and making some pretty clever, yet controversial analogies. I’ve put together the top posts (IMHO) that stuck out to me in 2015. The question is: Does this application to the world of work really, well… work? See more controversial posts from 2015 here: Click To Tweet. then hiring decisions based off of quantifiable metrics are needed.

Quality of hire metrics improve recruiting

Sage HRMS

If the company hires people with certain experiences who perform well, they should seek similar attributes in their next candidate. Tenure will likely be a part of the criteria, but companies should also measure performance-based metrics, such as revenue generated, independently of tenure. Have quantifiable performance metrics. As ERE Media pointed out, performance metrics need to be objective rather than subjective , which means they need to be based in numbers.

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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HR’s Most Controversial Articles of 2015

marenated HR

2015 was a year for uncovering some faulty practices and making some pretty clever, yet controversial analogies. I’ve put together the top posts (IMHO) that stuck out to me in 2015. The question is: Does this application to the world of work really, well… work? See more controversial posts from 2015 here: Click To Tweet. then hiring decisions based off of quantifiable metrics are needed. Read full post: HR’s Most Controversial Articles of 2015.

A New Definition of Employee Engagement: Think Of It Like Your Health

Grovo HR

I think a more accurate idea of engagement can be drawn through a metaphor to physical well-being. You know that certain practices lead to health, and you (hopefully) know the general feeling of health, but you also know that pigeonholing the concept of wellness into concrete boundaries doesn’t help you to actually be healthy. Use whatever metrics you want to measure it, but keep in mind that no one data point totally captures the essence of engagement.

Workplace Wellness Programs: Are They Really Worth the Investment?

Insperity

Workplace wellness programs can bring both benefits and liabilities into your organization. Why workplace wellness? Promoting wellness as a way to contain rising costs of healthcare has been researched extensively, but the verdict remains unclear. One 2012 report found that most North American employers who have analyzed the ROI of their wellness programs saved one to three health plan dollars per dollar invested.

Fact or hype: Do predictive workforce analytics actually work?

Visier

The bottom line can be hit further by spending on well intended, but misapplied, retention tactics, such as raises, bonuses, and/or promotions — put in place by HR and/or managers in an attempt to prevent resignations. To determine how the two differ – and how well we predicted outcomes – we compared the “at risk” groups we identified to actuals. Consider a “crawl-walk-run” approach in your graduation from metrics to true Workforce Intelligence.

Breaking the (HR) Rules: Making Friends at Work

UpstartHR

It was a great experience, and I love taking notes from other speakers throughout the day as well. 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. Our objective was to identify the consistent dimensions of workplaces with high levels of four critical outcomes: employee retention, customer metrics, productivity, and profitability.

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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. Asking this question will yield a metric that reveals how many employees had more than one direct supervisor in the previous year, as a percentage of headcount. If people are moved too often either due to resignations or restructuring, managers tend not to know people well enough to understand their behavior and what is going on. To some, workplace culture is about as real as corporate pixie dust.

How to Recover From a Decade of Lost Employee Engagement

Cornerstone On Demand

Interestingly, a 2014 survey of HR leaders found the top three methods currently used to promote engagement are recognition, work-life balance and wellness. In the survey, retention was the most frequently used metric to gauge the effectiveness of engagement programs. Despite years of effort by HR professionals, Gallup’s latest findings indicate that 70 percent of the U.S.

Wellness: The Next Generation

HRO Today

Investing in a holistic well-being benefits strategy is a win-win for employees and employers alike. Wellness has become a popular catchphrase. Employers are now truly seeing how well-being is contributing to organizational effectiveness and the bottom line, if only indirectly. Well-being programs also result in other qualitative benefits, such as enhanced perception of the organization as a great place to work, increased employee engagement, reduced distraction, and more.

Ultimate Software and Customers — Partners for Life

Ultimate Software

We want to know specifically how well we’re supporting our customers, what we can improve upon, and what more we can do to ensure continued satisfaction. This metric is noteworthy because it transcends feelings of overall satisfaction with our technology and represents an endorsement of our brand. Ultimate Software began 25 years ago with a mission of creating the industry’s best HR software—because we believe people are the heart of every organization.

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. Here are a few demographic metrics you should be monitoring: 1. Metric to watch: Diversity of interviewed candidates. Metrics to watch : Ethnic diversity by hiring stage / Female diversity by hiring stage.

Strategic HRM (HR Carnival)

UpstartHR

Here’s what I requested from the community in terms of content: For this Carnival, I’m looking for posts around the theme of “How to be a strategic HR player in 2015″ In recent weeks I have spent a lot of time researching and writing about HR strategy, strategic planning, etc. Well done, David. Linda Brenner at Designs on Talent finally gets us to one of the most basic of strategic HR tenets: metrics.

Paying It Forward: A Reminder to Be the Difference Maker

Ultimate Software

UltiPro Predictive Analytics help identify the specific individuals who need attention of some kind, and we have a multitude of examples that show how using these predictors and indicators can impact employees in a very positive way, as well as influence important HR metrics. Betty Whitten was one of my first college professors. I was enrolled in the Management program at the University of Georgia, and she taught Business Statistics.

Q&A With Ray Wang: What Digital Transformation Means For HR

Visier

The metric that matters most for them is uptime. P2P is happening as well in lending and in payments and this is a growing trend because we are now dealing with individuals and the networks they belong to. The digital era has created a peer-to-peer economy , forcing organizations to re-think business operations from the ground up.