Why Benchmarking 2.0 is a Must-Have for Influential HR Leaders

Visier

This all changed in 1980, when Dr. Jac Fitz-enz — now celebrated as the father of human capital strategic analysis and measurement — founded the Saratoga Institute , and developed the first international HR benchmarking service. Enter HR Benchmarking 2.0:

Why Benchmarking 2.0 is a Must-Have for Influential HR Leaders

Visier

This all changed in 1980, when Dr. Jac Fitz-enz — now celebrated as the father of modern HR — founded the Saratoga Institute , and developed the first international HR benchmarking service. Enter HR Benchmarking 2.0: The post Why Benchmarking 2.0

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Eight Concerns With Employee Engagement Benchmarks - DecisionWise

DecisionWise

When we design employee surveys for our clients, it’s common for them to ask us about benchmarking and how it can help their company. This is a good question, because benchmarks are a quick way to see if your organization is on the right track. How old is the data?

3 Ways to Approach Benchmarking Hybrid Jobs

Compensation Today

Have you ever found yourself staring at lines of market data, wondering how you are going to benchmark your HR/Accounting Assistant, Recruiter/Front Desk Receptionist or Medical Coder/Billing Specialist? Benchmarking hybrid jobs is more complicated than simply “splitting the difference.'

Jobvite 2018 Recruiting Benchmark Report: How Do Your Funnels Look?

The HR Capitalist

Every year they release a Recruiting Benchmark Report offering a unique combination of data and guidance: summary and analysis of industry benchmark data, along with strategic advice to help you measure, improve and optimize every step of the recruiting funnel.

Benchmarking: An Important Tool in the War for Talent

HR Daily Advisor

during the 3 rd quarter of 2017 was 27%– an all-time high. HR and business leaders see this firsthand as they fight to keep innovative, eager talent engaged and on their teams and are leveraging their people data to improve the hiring and talent retention process. Benchmarking.

A Look Ahead at HR 2016 / 2017: Becoming Digital

Bersin with Deloitte

Governance HR Strategy & Benchmarking Human Resources Rewards & Recognition Services & Programs Communities of Expertise Data-driven HR Design Thinking Digital HR High-Impact HR High-Impact Human Resources HR HR Culture HR Digital HR Networks Networks of Expertise People Analytics SMAC Talent Analytics the Culture of HR Workforce managementHR is in a defining moment.

10 Reasons To Shift To A Data-Driven High Business Impact HR Model

Visier

In order to move from this “list of challenges” to the “corporate asset list,” I have found that HR and its key functions like recruiting, retention and learning must move to dramatically increase their measurable business impacts by adopting analytics and data-driven decision-making.

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Bet Big on These HR Tech Conference 2017 Sessions

Visier

Here are some sessions at HR Tech 2017 we recommend to help with this: Tuesday, October 10. He’ll cover important digital topics on design thinking, data science, personalization, and new skills every HR leader needs today. .

Jobvite 2018 Recruiting Benchmark Report: Source of Hire Report!

The HR Capitalist

Every year they release a Recruiting Benchmark Report offering a unique combination of data and guidance: summary and analysis of industry benchmark data, along with strategic advice to help you measure, improve and optimize every step of the recruiting funnel.

The Art, Science and Impact of Implementing Data-Driven HR in 2017

Cornerstone On Demand

[This article reprinted by permission of Human Resource Executive ®] Data has been the driving force behind innovation in finance, sales and marketing for years, while human resources has struggled to keep up. Figuring out how to successfully implement data-driven HR is a business challenge every company wanting to maintain or gain a competitive advantage will face in 2017. HR professionals need be able to communicate effectively through data.

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How to Improve Culture Using Real-Time Data

Reflektive

Here, we provide a how-to guide for defining, collecting and responding to real-time data to continuously iterate on and improve employee engagement in a scalable way. Leveraging Real-Time Data. Defining Methodology and Benchmarks. Step 2: Define Internal Comparative Benchmarks.

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Benchmarking Compensation: Bringing in the Best With Big Data

ADP

But how do firms meet the challenge of benchmarking compensation to bring in (and retain) the best talent on the market Money matters.

Bet Big on These HR Tech Conference 2017 Sessions

Visier

Here are some sessions at HR Tech 2017 we recommend to help with this: Tuesday, October 10. He’ll cover important digital topics on design thinking, data science, personalization, and new skills every HR leader needs today. .

Bet Big on These HR Tech Conference 2017 Sessions

Visier

Here are some sessions at HR Tech 2017 we recommend to help with this: Tuesday, October 10. He’ll cover important digital topics on design thinking, data science, personalization, and new skills every HR leader needs today. .

Benchmark Myopia and the Need for Business Drivers

SMD HR

It is a typical practice in many industries to be curious about, and focus on, benchmarks to get an idea of “where you stand” on a particular metric. To be clear, benchmarks are a good piece of information to know when examining your performance—but when leaders, particularly in HR, live and die (i.e., When you stop and think about it, a benchmark is just a pursuit to achieve somewhat better-than-average against a number that may not even reflect a true reality. Benchmarkin

When You Need to Move Beyond Data for Pay Decisions

Compensation Today

Data, data, data. We live, love and dream about data here at PayScale, and big data is driving business and pay decisions across industries and functions. When comp data starts to look “off,” it probably means your decision should be based on other factors.

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How Workday is Doubling Down on Data and Analytics

Workday

We’re living at a time when we’re awash in data, but short on ways to quickly turn that data into information we can act on with confidence. Much like the sailor in the classic Samuel Taylor Coleridge poem who laments, “Water, water, everywhere, nor any drop to drink,” the problem isn’t the quantity of data. We’re extending this visibility with two new products, Workday Benchmarking and Workday Prism Analytics.

Jobvite Publishes New & Needed Source of Hire Data (#RNL17)

The HR Capitalist

As I mentioned earlier this week, I'm just coming off a couple of days at Recruiter Nation Live 2017 , a conference put on by the good folks at Jobvite. One of many things in the report mentioned above is Source of Hire data.

What Recruiters Can Learn From Marrying Pre- and Post-Applicant Data

Cornerstone On Demand

Yet almost three years later, this is still what talent acquisition leaders are doing: Relying on a single source of application as a benchmark for investing millions of dollars and resources into certain channels and strategies. SmashFly customer data shows that the average person interacts with 15 touchpoints before applying. Data for data's sake is extra numbers; data that tells a story and drives insight is a competitive advantage.

Employee Benefits Benchmarking: Employer Contributions

Zenefits

The March 2017 Zenefits Small Business Benefits Benchmark Report is now available. Representing data from more than 8,000 Zenefits customers, the report examines how plan types, contributions, premiums, deductibles, copays and out-of-pocket costs differ across regions.

Employee Benefits Benchmarking: Insurance Premiums

Zenefits

The March 2017 Zenefits Small Business Benefits Benchmark Report is now available. Representing data from more than 8,000 Zenefits customers, the report examines how plan types, contributions, premiums, deductibles, copays, and out-of-pocket costs differ across regions.

How to Evaluate the Success of Your Company’s Onboarding Program

HR Bartender

The interesting aspect of the model is, it suggests that there’s an inverse relationship between the ease in gathering the evaluation data and the value of the data. Benchmark items can be created to help understand how employees feel about the organization.

Organizations Must View Employee Engagement As a Long Term Business Activity

HR Bartender

Before we can talk about how to create change, I think the Gallup data raises the question, “Can you recognize when you’re moving the needle?” Workify’s benchmark data shows that organizations consistently see that communication and collaboration are the lowest scoring indicators.

Employee Engagement Surveys: 4 Planning and Execution Must-Haves

HR Bartender

If you can’t see how you will use pieces of data, then ask yourself if it really needs to be in the survey. If the organization develops poorly worded content, it will get poor information and data. A few sample benchmarking items are: I know what is expected of me at work.

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New Benchmarking Analysis Identifies Recent Trends in Balancing Benefit Costs and Attracting Top Talent

HR Daily Advisor

The Best-in-Class Benchmarking Analysis produced by Arthur J. Gallagher developed the Best-in-Class Benchmarking Analysis to provide employers with insights and best practices for managing benefit costs while also attracting and retaining top talent.

ATD to Present New Research on Talent Development in Banking at the 2017 Bank Trainers Conference

ATD Human Capital

ATD will present and discuss key findings from this study, as well as deliver additional insights based on conversations with leading banks, on June 13 at the 2017 Bank Trainers Conference , which is hosted by Total Training Solutions and the Center for Financial Training.

2017 Employer Health Plan Insights

HR Morning

The Insights report dives into industry specific healthcare trends and benchmark data. Human Resources executives are faced with significant challenges – from the diverse needs of different population segments – to changing health reform laws at the federal, state and city levels. In it, we explore differences in demographics and population segments impact eligibility and enrollment. This analysis revealed more detailed insights and distinctions — and also a few surprises.

Developing a Compensation Plan, Step 3: Select Data Sources

Compensation Today

Now that you’ve spent some time thinking about the different parts of your workforce and where you compete for talent in each segment, you can apply that strategy when seeking out your data sources. Select Compensation Market Data Sources. Crowdsourced data.

Humans of HR: Company Trends in Benchmarking and Analytics

ADP

In this second installment of "Humans of HR", HR Manager Melanie Weigert shares her experience with adapting company trends in data and analytics

Employee Benefits Benchmarking: Choosing the Right Plan Types

Zenefits

The March 2017 Zenefits Small Business Benefits Benchmark Report is now available. Representing data from more than 8,000 Zenefits customers, the report examines how plan types, contributions, premiums, deductibles, copays and out-of-pocket costs differ across regions.

It’s About More Than HR: Analytics Learnings from Tom Davenport and Dr. John Sullivan

Visier

In his keynote, Davenport explained that there are four eras of analytics, each one progressing in the complexity of the data being analyzed and the range of insights that can be derived as a result of innovations that occur in each. Big Data Analytics. Data Economy Analytics.

2017 Hireology Product Year in Review

Hireology

On the product side of the business, we made several updates to the Hireology platform in 2017, including the following: Payroll and Talent Management Integration. 2017 Numbers from the Hireology Platform.

Behind the Cloud Episode 2: Defining the Real Cloud with Holger Mueller

Workday

They also discuss why CFOs are embracing the cloud, and how data benchmarking can keep companies from succumbing to the “Lake Wobegon” effect. Trends Around Data Residency and Privacy. Why CFOs Are Moving Data to the Cloud. Data Benchmarking in Business.

The Basics of Big Data, HR Analytics & Predictive Analytics

SMD HR

There are lots of words and concepts floating around the HR world these days that are new or different from the traditional approach – ones like “big data,” “HR analytics,” and “predictive analytics.” Big Data. HR Application : HR has tons of data in various systems (e.g.,

Five Powerful Ways Your HR Team Can Leverage Big Data

SuccessFactors

The term “Big Data” seems mysterious to many HR organizations. Big Data describes the huge amount of data, both structured and unstructured, that people and systems are using. But only the data that affects business greatly on daily basis counts.

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Perceptyx Webcast - Best Practices in Getting Action with Survey Data

Perceptyx

How can companies make the best use of the survey process to not only improve employee engagement, but inform other strategic initiatives and help senior leaders make data-based decisions about their people? Engaging leaders and managers in fully using survey data.