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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. Quality of hire is also arguably the best metric to demonstrate the effectiveness of the recruiting department and its value as a strategic business function. As you help grow a company by recruiting talented individuals, you enjoy the satisfaction of a job well done.

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. More Recruiting Metrics.

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The Secret To Selecting and Measuring Key Employee Performance Metrics

EmployeeConnect

Measuring critical employee performance metrics offers organisations key benefits for attracting and retaining top talent while meeting operational imperatives. The primary benefits of employee performance metrics are tied to fostering better employee engagement, which enhances productivity, innovation, creativity, employee loyalty and longevity. That’s why today’s software applications for measuring key performance metrics are so valuable.

Recruitment process effectiveness metrics FAQ

Workable

Metrics help you identify strengths and weaknesses of your hiring process. What is the “Screened Candidates to Face-to-Face Interviews” metric? What is the “Face-to-Face Candidates Interviewed to Offers Extended” metric? What are talent pipeline metrics?

6 Skills Every HR Technology Leader Must Develop Starting in 2017

Visier

In the future, HR technologists will no longer have to answer questions on simple metrics such as what is the current headcount or how many people were hired last month — self-service analytic platforms and algorithms to manage data will be taking on this rote and repetitive task.

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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. But, your time is limited and you probably can’t track every metric in the book. These key HR metrics include: Cost per hire.

Why Your CEO Doesn’t Care About Employee Engagement (Yet)

Achievers

It’s time to change the way we think about this HR metric, because it needs to become a leading business metric. Manage those factors well, and employees will stick around and produce results.

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. This guarantees your business is in the best possible position to thrive and grow in its respective industry.

3 HR Metrics That Matter

Zenefits

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. I asked human resources experts to weigh in on the HR metrics that matter most, and why. #1 Labor productivity is a critical HR metric because it encompasses several important aspects of human resources.

2017 Year in Review

Kazoo

2017 was a great year for Kazoo. We saw the industry shift to improving the employee experience. Kazoo customers reported that it delivered over 50% growth in user participation in learning and development, wellness and other corporate programs. Industry Awards Won.

? How HR can get over their love/hate relationship with metrics

Oracle HCM - Modern HR in the Cloud

HR leaders have a love/hate relationship with metrics. Let’s begin with the positive: metrics add structure to the way HR teams work and help guide their decision-making. Andy Campbell, HCM Strategy Director at Oracle.

Last Week in Talent - May 15, 2017

Entelo

to streamline blue collar and service industry recruiting , SmartRecruiters and Ideal announced a new partnership they say can drive cost of hire down 71% and tripled productivity using AI (can you say “whoa”?), May 8, 2017 May 1, 2017 April 24, 2017 April 17, 2017.

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6 Trends That Will Define HR in 2018

Reflektive

“In 2018 we’ll focus on furthering our culture, reinforcing our bonds to each other and our mission; as well as continuing to invest in development for everyone where the foundations are strong through great clarity on expectations, as well as high quality, real-time feedback throughout the year,” says Dennis. As we wrap up 2017, it’s impossible to ignore the series of news headlines regarding workplace harassment. Industry News

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Alarming Statistics on Employee Engagement for 2017

Kazoo

New corporate wellness program? Gallup’s State of the Workplace 2017 report reveals some powerful ways in which highly engaged employees contribute to the financial health of their company. 10% – HIGHER Customer Metrics. It should go without saying if the person who works at your company is 100 percent proud of the brand and you give them the tools to do a good job, and they are treated well, they’re going to be happy.

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

Visier

social, technological, economic, political, environmental, and demographic trends) that affect their industry and geography. This is because few CEOs are confident in the quality of their Human Capital metrics. The resulting financial loss after a year was well into the six figures!

Why the Healthcare Industry is Moving to the Cloud

Workday

Perhaps no industry has felt the rapid pace of change more than healthcare. From regulatory uncertainty to an onslaught of disruptive new business models, and increasing demands on patient care, more healthcare providers are looking for new technology solutions that can help them meet shifting industry dynamics. Recruiting and retaining employees is more important than ever in an industry where employees’ impact on patient outcomes is critical. 7653 at HIMSS 2017 , Feb.

Breaking the Glass Ceiling in the Background Screening Industry

Sterling Check

Women are continuing to “break the glass ceiling” in industries across the US Catalyst reviewed a variety of labor statistics and found that women have made inroads into the top leadership positions in corporate America. Women Executives in the Background Screening Industry. While the background industry has been largely dominated by male executives, increasingly female executives are choosing the profession, in addition to being recruited into the industry.

Developing a Talent Analytics Function: Build, Buy, or Borrow

Lighthouse

It can’t be static and based on a single snapshot in time, and that includes our discussion of talent analytics as well. These dashes contained a wide array of metrics – everything from time to fill, to phone time, to pipeline funnel metrics.

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.

BLR’s 2017–2018 Pay Budget and Variable Pay Survey

HR Daily Advisor

How much of an increase in pay are your employees receiving in 2017? 2017 Merit Increases. across all employee types, 2.5-3% is the most commonly awarded amount among employers awarding merit increases in 2017. 2017 General Increases (Not Tied to Performance).

Top 5 Takeaways from the 2017 NAHCR IMAGE Conference

Precheck

Top 5 Takeaways from the 2017 NAHCR IMAGE Conference Jul. 19, 2017. In 2017 and beyond, successful healthcare recruitment organizations will need to incorporate marketing tactics and strategies in order to meet talent acquisition goals.

Last Week in Talent - May 30, 2017

Entelo

Welp, let the great talent hunt of 2017 continue and maybe tell your cousin Kevin to put down the controller and go find a job, for the good of everyone. 3 ways to jumpstart your diversity with metrics. How to improve your workplace diversity using hiring metrics ( Entrepreneur ).

Top 5 Takeaways from the 2017 ASHHRA Conference

Precheck

Top 5 Takeaways from the 2017 ASHHRA Conference Sep. 26, 2017. The 2017 American Society for Healthcare Human Resources Administration (ASHHRA) Conference took place this past week in the Emerald City of Seattle, Washington. Bryan-Barajas.jpg. Bryan Barajas Marketing Director.

Cloudy No More: HR Technology is Redefining Human Resource Management for the Cloud Commerce Industry

CakeHR

They asked companies from several industry segments questions about their perception of the impact cloud has had on business in general. 2017 Review Shows $180 billion Cloud Market Growing at 24% Annually | Source: Synergy. The Harvard Business Review conducted a survey in 2015.

7 Sessions Not to Miss at HR Tech 2017

Namely

How TransUnion Used Wellness to Unite Colleagues Across the Globe ∙ Room: Venetian Ballroom A-D ∙ Session Number: P4 Debra Wasserman, Director of Compensation & Benefits at TransUnion , will share how her team implemented a global wellness program. Her session she will cover the progress made in modern payroll tech and what could be next for the industry. This year’s HR Tech conference promises four action-packed days, full of great speakers, exhibitors, and fun.

How Brinker International serves up whole-person well-being to team members at Chili’s and Maggiano’s

Limeade

“We leveraged a Gallup Book on wellbeing that suggested a more holistic approach to well-being could create more engagement for Team Members, and we Brinker-ized it to ensure it would resonate with our people.” That’s the future of well-being for us.

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.

The Guaranteed Way To Have Better Quality Of Hire

Spark Hire

This will depend on the industry you’re in, the type of role you’re trying to fill, and will also vary from manager to manager. While they need a team member who can do the job properly, they also place a heavy emphasis on finding someone who blends in well with veteran employees.

7 Metrics That the Most Data-Savvy Recruiting Teams Are Tracking

Linkedin Talent Blog

This powerful data-driven recruiting approach requires you to shift from the traditional intuitive and past practice-based approach and start tracking metrics beyond the popular quality of hire and time to fill.

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.

How to Get 100% Participation and a Committed Team

WorkHuman

Well, what are we going to do? And these companies experience staff retention that is completely out of whack with industry standards. percent annual staff turnover in an industry where 35 percent is normal.

Is HR an Art or a Science?

WorkHuman

Is HR more about squishy, feel good moments or the cold, hard metrics behind the madness? I’ve been doing a lot of strategy work as well for the last 16 years in organizational design and development, workforce planning, and executive coaching.

Health care’s workforce of the future

HR Times

Posted by David (Chip) Newton on June 20, 2017. Many of the 2017 Human Capital Trends , briefly outlined below, present opportunities for health care providers to address these challenges by improving workforce management. New challenges. New trends. New solutions.

The Changing Role of Human Resource Management – HRM

EmployeeConnect

In a well integrated talent management system of an organisation, the line managers perform a crucial role wherein they take the ownership for the entire process of recruitment. It dealt with employee onboarding , recruitment , remuneration , organisational development, performance management , safety , succession planning , and wellness of employees, communication, administration, training, and maintaining the motivational level of employees.

Without Retention, Diversity Efforts Fall Short

Reflektive

Therefore, many technology companies are directing large sums of money to increase internal diversity metrics and cultivate a broader pipeline of minority candidates. Yet, anecdotes abound of poor treatment and discrimination in the tech industry due to race, gender, sexual orientation, and more. Unfair treatment is the single largest factor in turnover across all groups and it is significantly more pronounced in the tech industry than other industries.