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Employee Retention: Tomorrow’s Recruiting Metric

Lighthouse

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. The future of recruiting metrics.

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.

You Hate BMI: Scientists Now Have Another Fat Metric You Can Hate Instead.

The HR Capitalist

Invented in the early 1800s by a Belgian statistician, the measurement is used as a definitive benchmark: those with a score below 18.5 Well, you wanted something different - and now you got it. Benefits Wellness Workplace

The New Definition of “Passive Candidate”

The Tim Sackett Project

The Passive Candidate Definition from ten years ago: “A Passive Candidates is someone who is being considered for a position but is not actively searching for a job.” I don’t think our definition of Passive Candidate matches that of our hiring managers current definition of passive candidate! Well, this is a bit of marketing that TA played on the hiring manager to fill positions. Okay, we get it, Mrs. Hiring Manager, you want passive candidates!!!

4 Key Reporting Metrics for HR Leaders

Motus

This same line of thinking also applies to which metrics HR leaders should focus on to achieve business success and this definition of success will also vary from business to business.

3 Examples of Evidence-Based HR in Action

UpstartHR

Last week I had the pleasure of presenting a workshop based on metrics, evidence-based HR, and change management. General Compensation Data Evidence-Based HR Metrics Recognition Scientific Method

How To Reduce Employee Turnover with Workforce Analytics

Visier

With voluntary resignations at an all-time high and unemployment rates historically low, employee retention is a key objective for most HR organizations, and employee turnover is the single most prevalent HR metric. These metrics help you accomplish this task: Resignation Rate.

5 Sure-fire Ways Even the Most Well-Planned Wellness Program Can Fail

Viverae

Building a wellness program that fires on all cylinders can sometimes feel like waking up early on a Saturday. In addition to ensuring that your program design aligns with your company objectives, you also need to think about ways to encourage engagement, decide on a set of metrics to measure the results of your efforts, and consider all the other variables that go into your program.

Workplace Wellness Programs Track Your Health, But How Far Should They Go?

SuccessFactors

Employee wellness programs have taken off in our “FitBit-ized” lives. We’re all catching on to the fact that what we need to do is treat people before they’re sick,” said Linda Townsend, founder of Release Well-Being Center.

6 Steps for Making Smart Decisions With Wearables Data

Visier

As this story shows, wearables can yield some definitively actionable insights for employers, and their potential extends far beyond using fitness trackers as part of wellness programs. This will help you select the right metrics to investigate.

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Leadership Insights: What To Do When Your Employee’s Heart Just Isn’t In It

15Five

Well, not according to this disheartening Gallup post : Measuring workers’ contentment or happiness levels, as well as catering to their wants, often fails to achieve the underlying goal of employee engagement: improved business outcomes.

Why Hiring More HR Analysts Won’t Improve Your Analytics Function

Visier

An over-reliance on Excel spreadsheets, as well as inefficient analytics tools and processes, causes HR analysts to spend 80% of their time on average doing data cleansing, mapping, and validation, and only 20% doing actual analysis.

How Foot Locker Can Reduce Employee Turnover with Workforce Analytics

Visier

With voluntary resignations at an all-time high and unemployment rates historically low, employee retention is a key objective for most HR organizations, and employee turnover is the single most prevalent HR metric. These metrics help you accomplish this task: Resignation Rate.

Career Experience Management: Developing the Potential of Your Human Workforce

WorkHuman

Personalized, latticed careers – which have lateral, diagonal, as well as vertical options for progression – are filling the vacuum slowly, but require concerted attention to formulate. The result is a more well-rounded and valuable employee who stays longer.

4 Strategic Drivers of General Motors’ Adoption of Recognition Technology [Case Study]

Lighthouse

Some quick stats on GM, one of the most well-known companies in the world: More than 170,000 employees globally. — Ben Eubanks (@beneubanks) September 12, 2017. " That "plus some" is the definition of engagement and the value it brings for @GM workers.

Employee Referrals: A Players, Diversity Hiring, and Key Benefits

UpstartHR

Another expert says that referrals should be one of the top metrics that talent acquisition leaders focus on. From an analytics perspective, being able to track quality of hire, time to fill, and other metrics and tie them back to the referral source is an incredibly valuable practice. Expanding Your Diversity Definition : In a conversation last month with the head of human resources for a U.S.-based Employee referrals are not a new topic in the HR and recruiting space.

5 Steps To Improve Culture Through Feedback

Reflektive

By definition, culture is a shared set of beliefs, values , and practices. Why does this work so well as opposed to other feedback tactics?

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Using people analytics to get to High-Impact HR

HR Times

Posted by David Fineman on August 3, 2017. Without accurate data, metrics and operational reporting may as well not even exist. Source: Deloitte Consulting LLP, 2017.

High-impact operating model design in action

Bersin with Deloitte

Posted by Tiffany McDowell , Uzair Qadeer , and Julia Rudansky on September 20, 2017. A model, by its simplest definition, is a prototypical system used as an illustration to follow or imitate. Part 1: Reducing the risk of a failed transformation.

How Macroeconomics Influences HR in the Financial Sector

Get Hppy

To some, macroeconomics is merely the study of individual metrics and how they influence the behaviour of the aggregate economy.

What Is Performance Appraisal? – Examples

EmployeeConnect

The performance appraisal definition can vary tremendously depending on the organisation and how much weight managers and executives give to the process. The generic performance appraisal definition is that the process involves the systematic evaluation of employee performance. Well-conceived development plans provide thoughtful suggestions about how employees can increase their skills and earn promotions in the organisation.

Empathy: Corporate Performance Enhancer?

China Gorman

A carbon metric was added in 2016. Or are they on the list because they pay people fairly and well; have intelligent, approachable leaders; are competitive in their sectors and have business plans that take advantage of – and lead – their market conditions?

The Competitive Advantage of An Engaged Employee

EmployeeConnect

Furthermore, organisations who have achieved high engagement scores are seen to perform much better in the major operational areas such as absenteeism, productivity, safety, quality, turnover, customer metrics, shrinkage, and profitability compared to the companies with low employee engagement scores. The response is a definite ‘yes’. If you asked a group of CEOs ‘what’s your competitive advantage?’,

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are your employees as engaged as they say they are?

O.C. Tanner

Organizations struggle with not only what and how to measure, but also with the very definition of engagement. Given the multiple explanations of engagement that exist in the industry, I will focus not on the definition of employee engagement but rather on the mechanism of measurement.

Want To Improve Your Business Outcomes?

China Gorman

Workers: Increasingly Confident and Ready to Leave, and The Competitive Advantage of Engaging Employees, should be required reading for all leaders as well as HR folks. Every definition of employee engagement works here – as long as we understand the real outcome for which we’re working.

Annual Employee Performance Evaluations, 360 Peer Reviews And Other Common HR Mistakes

15Five

CM: I have definitely been on the far end of this since 2009. Or they look at one metric once a year around cost of labor or cost of living. Then the respondents give you really quality feedback about where you do well, where your needs lie, and what their concerns are.

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High-impact operating model design in action

HR Times

Posted by Tiffany McDowell , Uzair Qadeer , and Julia Rudansky on September 20, 2017. A model, by its simplest definition, is a prototypical system used as an illustration to follow or imitate. Part 1: Reducing the risk of a failed transformation.

Is Autonomy Important In Your Job? They Think So. - DecisionWise

Decision-Wise

Despite this clear definition, there are a lot of misconceptions about autonomy. In other words, hire GOOD people, give them what they need to do their jobs well, and get out of their way. Well as it turns out he was a big dog lover.

Recruiting By Chatbot: 4 Ways HR Tech Can Take Us Higher

TalentCulture

The challenge is making the data unified so you can utilize it and create metrics that mean something. As we become far more used to working digitally that means being able to scale down as well as up — the same camera, with a different lens. The Tipping Point.

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Diversity Considerations in Compensation: Part 2 – Workplace Currency, Manager Favoritism

Compensation Today

In our first diversity and compensation post , we covered how to identify and resolve inequities within your current compensation practices, as well as the pros and cons of a self-audit. A metric-driven, performance-based plan is a nice way of taking favoritism out of the mix.

CEO Q&A with Limeade CEO Henry Albrecht and Accolade CEO Rajeev Singh

Limeade

We sat down with Limeade CEO Henry Albrecht and Accolade CEO Rajeev Singh to talk about well-being, culture and the workplace. What’s the difference between wellness versus well-being? You could define wellness with metrics – BMI, blood pressure, etc.,

Five Recruiting Tips to Increase Diversity in the Workplace

TalentCulture

First, some definitions. Diversity and inclusion in the workplace: A definition. A Forbes Insights survey found that senior executives are held accountable for their diversity and inclusion programs performance through a variety of metrics such as: 66% performance reviews.

How to Create Team Synergy and Keep It Going

Workboard

According to Merriam-Webster, the definition of synergy is when "the whole is greater than the sum of its parts.". How does this definition fit into its dynamics, discussions and decision-making processes? One group that is well known for team synergy is the U.S.

The best leaders test their opinions with data

InforHCM

More specifically, a well-cited Harvard Business Review research article found that ambition, assertiveness, and pessimism were 3 of the top 4 personality traits differentiating high-performing sales people from their low-performing co-workers.

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How Not to Fight Against Culture-First Business Theory

Compensation Today

One such theory is the relatively new concept of culture-first business strategy : In simple terms, the theory states that by prioritizing culture—which includes a focus on the emotional well-being of your workforce—you will create bottom-line value. Rob de Luca , BambooHR.