INTERVIEW: Dr. Jac Fitz-enz on Human Capital Metrics

HR Bartender

Which is why I’m very excited to share with you today’s interview. But before we start, I want to share how I learned about Dr. Jac Fitz-enz. I’ve told this story before but I’m going to tell it again. budget and staff) we needed to achieve our goals. When it came time for me to talk about projects and needs, sometimes I would get what I wanted and sometimes I didn’t. I was determined to find out what they were doing that I wasn’t.

How To Link Recruiting Metrics To Business Outcomes

Cornerstone On Demand

According to LinkedIn's 2017 Global Recruiting Trends Report , "quality of hire" is the top recruiting metric that hiring managers care about—and for good reason. Employees are your most valuable resource, and with 40 percent of today's Fortune 500 companies predicted to go out of business over the next 10 years, hiring the right people is crucial for your survival. And, on a more basic level, people want to work with great people.

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The 3 Key Metrics in HR Predictive Analytics

HR Bartender

I like to think of it this way: HR metrics tell you what happened in the past. For example, time to fill. Both of these metrics are valuable, but it’s not all the information we might need to make business decisions. It’s focused on probabilities and impact, so it provides flexibility to the organization’s needs. Fitz-enz’s book “ How to Measure Human Resource Management ” is my go-to book for HR metrics.).

Introduction to Recruiting Metrics FAQ

Workable

Recruitment metrics help you gauge the effectiveness of your recruitment process. Here are frequently asked questions and answers about recruiting metrics to help you understand recruiting data and use it to boost your hiring: Intro to Recruiting Metrics. What are recruiting metrics? What can you learn from recruitment metrics? Which are the most important metrics to track? Who should be tracking recruiting metrics?

Enriching the Employee Experience

Speaker: Isaac Mallory, Director of Sales & Business Development at HR Performance Solutions, and Jennifer Dickey, HR Consultant and speaker for HR Performance Solutions

In today’s employment market, the power has shifted from employer to employee as the competition for top talent grows. In the month of October 2017, the U.S. This means our employees now have the choice to be very selective regarding career opportunities and employers.

Futureproof Your Organization with These 8 Manager Effectiveness Metrics

Visier

Editor’s note: The organization of the future will be more agile and flexible, requiring a new team structure to support these characteristics. Whether your organization is ready to adapt these new roles or wishes to coach current managers to be more effective, this updated article provides the key metrics you need to measure their success by. . Here are two distinct sets of metrics for each type of manager. How to get it: .

How to measure talent pipeline metrics

Workable

Talent pipeline metrics help you measure the effectiveness of your sourcing strategies in finding and engaging those candidates. Here’s a primer on five common talent pipeline metrics and how to calculate them: Source of hire. It’d be a good idea to track candidate sources too. Use recruiting data from your Applicant Tracking System (ATS) to find out what percentage of your most qualified candidates each source brings in. Time to fill.

7 More Fascinating Employee Engagement Trends For 2017

15Five

It’s no surprise that employee engagement numbers have been abysmal for the last few years (and if that is a surprise, you need to read our blog more often.) According to Gallup, engaged employees comprise only around 30% of the workforce. Until engagement numbers dramatically increase, we are going to continue presenting these trends. Here is what the experts are saying we can expect for employee engagement in 2017: 1) Employee Engagement Will Grow…Slowly.

How to Develop Healthy Habits When You’re Busy All the Time

HR Bartender

Ever since I saw the headline that “ Sitting is the New Smoking ”, I’ve been trying to figure out ways to add more activity into my daily routine. But I have to admit, developing healthy habits is hard. Getting a little activity would help to reduce stress and stay focused. I’m very happy that I’ve been able to add activities like walking at my treadmill desk and cycling on my Cubii. I’m trying to eat healthier, which is so much easier when I’m home.

The Reason Companies Should Calculate Cost Per Hire

HR Bartender

Personally, I’m a big fan of the cost per hire metric. Back in 2012, the Society for Human Resource Management (SHRM) worked with the American National Standards Institute (ANSI) to create a uniform standard calculation for cost per hire (CPH). According to SHRM, the average cost per hire in 2016 was $4,129. I believe the goal of calculating CPH is to provide organizations with a benchmark for their recruiting activities. I’m not opposed to calculating quality of hire.

Recruiting email metrics: how to measure your email success

Workable

Recruiting email metrics help you measure the impact of your messages. Whether it’s to find out if a referred candidate would be a good fit for your company, or to inform a past candidate about a new job, use metrics to shed light on your digital recruiting techniques. Here are four types of metrics you can use to analyze your recruitment emails : Measuring recruitment email open rate. How to calculate recruitment email open rate.

Candidate experience metrics FAQ

Workable

Here are frequently asked questions and answers on candidate experience metrics to help you create a welcoming hiring process for candidates and strengthen your employer brand: What is candidate experience? How do you measure the candidate experience? How do you measure the applicant experience? How do you improve career page conversion rates? How do you measure application time? How do you measure candidate experience?

Recruitment process effectiveness metrics FAQ

Workable

Metrics help you identify strengths and weaknesses of your hiring process. How do you calculate qualified candidates per hire? How can we improve qualified candidates per hire? How can we reduce interviews per hire? How do you improve hiring velocity? What is the “Screened Candidates to Face-to-Face Interviews” metric? How do you measure “Screened Candidates to Face-to-Face Interviews”? What are talent pipeline metrics?

Who Wants to Be a Metric-Aire?

marenated HR

If you’ve been in HR for any amount of time, you know that people want to hear about metrics. Whether it’s a vendor telling you about their metric heavy dashboard, a VP of Talent Acquisitions spouting the metrics she watches, or a recruiting admin trying to make sense of the numbers his boss is throwing at him, metrics are a big part of the job. Are you an #HR genius but unsure about what part metrics play? Metric #2 – Quality of Hire.

ICYMI: How to Create a Culture of Feedback From Scratch

Cornerstone On Demand

Editor's Note: In today's fast-paced news cycle, we know it's difficult to keep up with the latest and greatest HR trends and stories. To make sure you're updated, we're recapping our most popular articles every month in our " In Case You Missed It " series. How to Make Your Feedback System a Force For Positive Change Effective feedback practices have shown a direct impact on some of the most important HR metrics, but they aren't always the easiest to implement.

How to Improve Recruiter Efficiency By Slaying Dirty Data Issues

Visier

As unemployment rates continue to drop and the competition for talent in key roles heats up, talent acquisition leaders have little choice but to work smarter. Many recruiters specialize in quickly filling positions , making calls, and researching potential candidates to get talented people in the door to meet hiring managers. The obstacle to a data-driven recruitment strategy isn’t lack of data. Is It Really Time to Rip and Replace Your ATS?

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6 Skills Every HR Technology Leader Must Develop Starting in 2017

Visier

Technology impacts all of us personally in how we communicate, make purchases, plan travel, find love, discover a great restaurant, or get a ride across town. The disruption to how we work has been just as profound, and it has led to changes in the very nature of work and the skills that the HR Technology Leader of the future will need. Will predictive algorithms be better than humans at determining who to hire hire?

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Job offer acceptance rate metrics FAQ

Workable

Job offer metrics help you measure the quality of your job offers and, by extension, your recruitment process. Here are frequently asked questions and answers on job offer metrics: What is the offer acceptance rate metric? How do you measure an offer acceptance rate? How do you improve your offer acceptance rate? What is the “Reasons Offers are Being Accepted” metric? What is the “Reasons Offers are Being Rejected” metric?

Overcoming Internal Communications Metrics Anxiety

Bonfyre

Despite the essential, strategic role internal communications metrics play in their profession, many communicators shudder at the thought of crunching numbers. Although the expansion of digital communications channels and analytics tools has increased access to measurement systems, the truth is, many communicators still struggle to strategically approach data. According to a recent survey , 41% of communicators have no way of tracking how employees are consuming content.

How to Embrace Cultural Diversity in Team Engagement

Achievers

According to the 2017 Deloitte Global Human Capital Trends report, 78% of Executives see diversity as a competitive advantage. People with diverse experiences are better prepared to offer insights and come up with better solutions. But how can diversity boost engagement in teams? But experience taught me that you can’t see the best outcomes unless you understand how cultural references influence team members’ expectations.

Time to fill and time to hire metrics FAQ

Workable

Here are frequently asked questions and answers on time to fill and time to hire to help you plan, assess and optimize your hiring timeline: What is time to fill? How do you calculate time to fill? How do you calculate average time to fill? What’s a good benchmark for time to fill? How can we reduce time to fill? What is time to hire? What’s a good benchmark for time to hire? What is time to fill?

The Now of Work

Achievers

In my last post , I wrote about how the Future of Work is NoW ( N ow o f W ork) and it’s time to move away from this notion of some future state of work. I hypothesized that the connected generation, technology and the sharing economy have inspired forward thinking companies to fundamentally change the way they attract, engage and retain their top talent. If you haven’t yet, read the 5 Dysfunctions of a Team by Patrick Lencioni for the meaning that I subscribe to.

Key HR metrics: The most important metrics you should track

Workable

HR metrics measure how effective the results of your HR operations are, including elements such as employee retention and recruiting. That’s why they’re a great ally to your job as an HR professional – because they’re a way of identifying issues you didn’t know existed or pinpointing problems. But, your time is limited and you probably can’t track every metric in the book. So what are the key HR metrics that should be part of your standard HR metrics dashboard ?

How to Measure Learning and Development’s Business Impact

Visier

Measuring the effectiveness of learning and development on business results is a challenge learning leaders have yet to overcome. According to an ATD report , 35% of talent development professionals surveyed reported that their organizations evaluate the business results of learning programs to any extent. Without the data that proves L&D makes an impact on the business, it’s extremely difficult to justify keeping – and expanding – the programs that are working.

How to Be a More Strategic HR Leader in 2017

WorkHuman

How can we be more strategic tackling some of today’s greatest workforce challenges – like the skills gap, generational diversity, and the growing population of contract workers? To gain some insight, we reached out to Bill Castellano, Ph.D., We talked about why giving employees clear line of sight is so important and how to manage in a relational, as opposed to a transactional, way. How can we be more strategic as a profession?

How To Write Strategic Objectives

EmployeeConnect

Your organisation’s strategic objectives,also known as strategic goals, are the go to statements for what you are trying to achieve. They are the key elements of your strategy serving as building blocks bridging your organisational strategy and metrics framework. A strategic objective indicates a specific goal with a clear outcome and deadline that you wish to achieve. What is the Ideal Number of Strategic Objectives to Have?

Employee Engagement: How to Measure What Matters

Achievers

Aon Hewitt, in their 2017 Trends in Global Employee Engagement Study , found that engagement levels have dropped for the first time in five years and Gallup recently reported in its State of the American Workplace report that a full 70% of U.S. But before we all get too breathless about these admittedly disconcerting engagement numbers, it’s important to remember that employee engagement is not an end in and of itself. Do you know how well your engagement programs are working?

New: 2017 Strategic Onboarding Report

Silkroad

Companies with no onboarding strategy are three times more likely to lose high-potential talent. – Aptitude Research Partners, Hire, Engage, Retain 2016. If it’s time to transform your program, check out this great new report by HR Daily Advisor and SilkRoad: the 2017 Strategic Onboarding Survey: How to Activate New Employees. Top steps to get employees activated fast. How long – a one-time process or never ending.

How To Make A Culture Of Successful Renewal

Get Hppy

Every organization’s strategy needs regular updating regardless of how successful it’s been. It’s simply not good enough to develop a strategy and put it on the shelf, expecting that it will work indefinitely. They always need to be looking for and recording the factors that have changed since the last version of the plan was crafted. Also read: How To Align Your People Plan With Business Objectives. Also read: How To Build A Culture Of Execution.

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3 HR Metrics That Matter

Zenefits

Today’s technology gives us easy access to more data than ever before, allowing us to measure anything and everything. In fact, according to Deloitte’s 2017 Global Human Capital Trends report, 71 percent of companies report that people analytics – “using digital tools and data to measure, report and understand employee performance” – is a high priority in their company. Related Article: Top 7 Tips to Increase Employee Productivity in 2017. #2

How to Hire Great Freelancers

TLNT: The Business of HR

Each project your company undertakes with freelancers (sometimes referred to as agile talent, 1099s, consultants, contractors, etc.) As a manager, you need to be prepared to hire freelance talent and provide specific guidelines and metrics for the project at hand. On the other side, the talent that you bring on-board has to meet expectations and deliver the project on time.

The Key to Employee Engagement: Your Net Promoter Score

HR Bartender

(Editor’s Note: Today’s post is brought to you by Workify , an all-in-one people management software platform. It’s sad to say but businesses don’t appear to be really moving the needle when it comes to employee engagement. But what if there was an engagement related metric that organizations easily understood? The reason organizations use NPS as a business metric is because they can see a clear line of sight between it and business success.

How to Identify and Retain Top Performers with Rewards and Recognition

Achievers

Employee retention is a key goal for every company, but it’s important to drill down into this metric and make sure you’re doing a good job of identifying and keeping your top performers. These employees deliver 400 percent more productivity than the average worker, according to statistics published in Harvard Business Review (HBR). As to be expected, the hardest working and most talented people are likely to receive the highest amount of recognition from their supervisors.

Alarming Statistics on Employee Engagement for 2017

Kazoo

When someone asks for a live demonstration of our social recognition software , we first ask them a few questions to get the skinny on how we might be able to help. The frequency of these types of survey results helps explain why employee engagement is the top human resource challenge in the next three to five years. up to $605 billion each year in lost productivity. The upside to nailing this connection is monumental. 10% – HIGHER Customer Metrics.

How to Assess Manager Performance

Everwise

Many companies rely on quantitative performance metrics to assess manager performance (e.g., It is hard to truly understand how managers are doing without gathering feedback from their employees. Today, many companies are seeking to develop a culture that encourages open communication and transparent feedback methods from employees. The company used its extensive access to data to develop the following targeted questions: Google’s Upward Feedback Survey.

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