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

HR Bartender

In 1977, you founded the Saratoga Institute (SI), which is well-known for its work in human capital metrics. Is there a place in HR for both metrics and analytics? If they only had time to focus on a handful of metrics, which ones should they consider?

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. Both of these metrics are valuable, but it’s not all the information we might need to make business decisions. Fitz-enz’s book “ How to Measure Human Resource Management ” is my go-to book for HR metrics.).

The Top 10 Strategic HR and TA Metrics That CEOs Want to See

Visier

Unfortunately, most of those who create metrics in HR and recruiting don’t really understand the strategic mindset of CEOs. And, as a result, the metrics that are reported to CEOs and the executive committee result in no positive action being taken.

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.

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 the month of October 2017, the U.S. Whether you’re more inclined to follow the Bureau of Labor unemployment rate at 4.1%, or put more stock into Gallup’s “real unemployment” metric sitting at 7.9%, the implications are clear; the American workforce has options.

3 Recruitment Funnel Metrics You HAVE to Start Tracking

ClearCompany HRM

Numbers and statistics can guide many decisions, however, many recruiters still rely heavily on instinct when it comes to sourcing and hiring. The idea of a “data-driven hiring cycle” is becoming more relevant than ever as the use of analytics becomes more attainable for many companies.

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. The importance of demonstrating quality of hire is nothing new, but how do you actually measure this metric?

Do Your Learning Metrics Invoke Emotion?

Cornerstone On Demand

Part of this was in part due to the great relationship we had with our CFO, who helped us identify some traditional and some unique metrics to measure. You can have the best metric in the world, but if success or failure doesn't impact the emotions of those who are determining the effectiveness, you won't get their attention.

Impress Your CEO With These Strategic Business Impact Recruiting Metrics

Visier

It’s also important to understand that you can’t impress a CEO with a large volume of tactical recruiting metrics. Instead, you must focus on metrics that demonstrate a direct impact on what CEO’s really care about, the firm’s strategic goals.

The Reason Companies Should Calculate Cost Per Hire

HR Bartender

Personally, I’m a big fan of the cost per hire metric. Now, I get it…there’s lots of talk about quality of hire being the best recruiting metric. However, it is a complicated metric by comparison. There are some old school metrics that still provide value.

Dice 2018 Tech Salary Report

20152014201320122011201020092008 2016 2017 YR/YR. States were flat in 2017 with average annual pay of. In 2017, a third of tech professionals received a bonus, earning on average $10,254. 2017 2017 2017METROMETRO METRO YR/YR. 2017 $101,025 Wash.

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.

7 More Fascinating Employee Engagement Trends For 2017

15Five

Here is what the experts are saying we can expect for employee engagement in 2017: 1) Employee Engagement Will Grow…Slowly. This often takes the form of software platforms where employees are asked metrics-based questions.

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.

Why You Should Share Employee Engagement Metrics (And Where to Start)

CultureIQ

… The post Why You Should Share Employee Engagement Metrics (And Where to Start) appeared first on CultureIQ. Engagement Feedback

7 Metrics for Discussing Your Candidate Experience with your CEO

PeopleStrategy

Today, we’re going to explore seven key metrics for evaluating your company’s candidate experience. Mobile Readiness : This metric examines the career site and mobile application process. Establishing and tracking key metrics will drive value.

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? Like marketing, recruiting has its own vanity metrics.

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.

Traditional diversity metrics don’t work

CultureAmp

Imagine you've committed to becoming a healthier version of yourself. And, imagine you want to use data to help you. You might start with weight and calories because those are easy measurements. But if you took the time to do some research, you'd discover that your health is dependent on so many other factors; for example, the mix of fat, protein, and carbs you eat.

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. Even communicators leveraging digital tools are still figuring out how to make internal communications metrics materialize. Measurement and metrics are a language business leaders understand, one every communicator should become fluent in. Invest in systems that provide internal communications 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.

CHRO 312

HR State of the Union: 2017 Edition

UpstartHR

UCF -Demonstrated specific metrics around HR performance, from increased screening measures to specific training points and diversity improvements. Common metrics?

4 Recruiting Metrics You Should Really Care About!

HR C-Suite

In order to perform this important decision with accuracy and precision, recruiting experts take help of several recruiting metrics. Of course, not all metrics you read about are effective for every organization. […]. While hiring a new employee, several factors are at play.

7 Employer branding metrics you should be using

Papirfly

Employer branding is an on-going process and you need the right metrics in place to monitor and evaluate your Employer Brand. With your employer brand affecting your ability to attract and hire the best talent, you want to make sure you're getting it right.

The Three Vital Metrics for Every Employment Role

Talent Analytics

The Three Vital Metrics for Every Employment Role. Three common-sense questions underlie our three metrics: How much does it cost to find, train, and keep an employee in this role? Section 4: Employee Lifetime Value and Cost Modeling.

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. It seems that we can’t turn around today without having a conversation that touches on employee engagement. Yet despite all the attention, it hasn’t really moved the needle.

Yes, You Can Eliminate the Annual Review, Improve Engagement and Still Get Workforce Metrics

TLNT: The Business of HR

By now, we have all noticed the overwhelming trend to ditch performance rating scales and instead, have performance appraisals and performance management be centered on quality conversations and continuous feedback.

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.

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

The HR Capitalist

I know - you and everyone else hates Body Mass Index as a measure of what it means to be overweight. Invented in the early 1800s by a Belgian statistician, the measurement is used as a definitive benchmark: those with a score below 18.5 are underweight, those who fall between 18.5 and 24.9

HR Metrics that Matter: Learn to Drive Sustainable Business Processes

HR Daily Advisor

If metrics don’t answer the question, “Are you winning or losing?” Use this system: Metrics are visible. Metrics set the tone. Metric performance sets the agenda and also the duration of meeting. The thermometer is like most metrics—a passive report.

Making Company Culture More Than a Rah Rah Activity

HR Bartender

In fact, my position about metrics and measurement has really evolved. And that’s true, HR does need to understand metrics, data, analytics, etc. Having a well-defined company culture is important. We talk about it a lot.

5 Recruiting Reports to Run Every Month

ClearCompany HRM

If you measured every single metric within recruiting, chances are you would spend most of your time measuring recruiting instead of actually recruiting. Measuring recruiting activities is important, however, there are reports and metrics that are more important than others.

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These 5 HR Metrics Will Transform Your Workforce Management Strategy

compareHRIS

The post These 5 HR Metrics Will Transform Your Workforce Management Strategy appeared first on HRIS - Compare HR Software Blog How do you make decisions in the HR department? Do you go with your gut? Or have you started following the growing trend toward data-based decision-making?

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

HR Bartender

Human Resources Metrics : According to a survey from Korn Ferry, 98 percent of executives believe that onboarding programs are the key to employee retention. Using that statistic means that turnover is an important metric when it comes to evaluating onboarding programs.

Singing, Dancing and Posing: Aligning Incentives, Performance Metrics and Strategic Objectives

Compensation Cafe

How clear is the line of sight between your performance pay programs, strategically linked performance metrics and the organizational strategy? If managers focus solely on the metric, they exhibit what is known as surrogation. Image courtesy of Electronic Arts.