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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?

Employee Retention: Tomorrow’s Recruiting Metric

Lighthouse

Recruiting, in some ways, is actually easier to measure because it is very similar to sales: you either have results or you don’t. When I realized the link from retention to recruiting. Well, that depends on several things, including the recruiting process.

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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.

Recruitment process effectiveness metrics FAQ

Workable

Metrics help you identify strengths and weaknesses of your hiring process. Here are frequently asked questions and answers on recruitment process effectiveness: What is qualified candidates per hire? What is the “Screened Candidates to Face-to-Face Interviews” metric?

The Reason Companies Should Calculate Cost Per Hire

HR Bartender

Personally, I’m a big fan of the cost per hire metric. Basically, here it is: CPH = (External Recruiting Costs + Internal Recruiting Costs) / Total Number of Hires for a Time Period. Even if you’re the greatest place to work of all time, you will still have recruiting expenses.

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.

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.

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. Track this metric per position and per hiring manager.

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.

How to Improve Recruiter Efficiency By Slaying Dirty Data Issues

Visier

Recruitment’s impact ripples out across the employee lifecycle. Many recruiters specialize in quickly filling positions , making calls, and researching potential candidates to get talented people in the door to meet hiring managers.

Data 363

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.

HR State of the Union: 2017 Edition

UpstartHR

This is strategic HR communication at its best, and it could become a valuable tool to allow leaders to peer into the inner workings of the HR strategy while allowing HR leaders to share key results areas as well. Common metrics? What’s the well-being of your staff?

Investing in Recruitment Marketing?

China Gorman

“Over 70% of companies are planning to invest in solutions with recruitment marketing capabilities over the next 12 months.”. This is one of the opening quotes in Aptitude Research ’s Recruitment Marketing Index 2017 , a comprehensive review of the world of recruitment marketing.

The 5 Key Job Application Metrics You Need to Know

Yello

06/16/2017 // By tracy kelly // recruitment metrics. Here are the five job application metrics every recruiter needs to know to help improve the candidate experience. Attract qualified talent with well-written job descriptions that help candidates understand the role, and track applicant counts to find out when to modify your talent acquisition strategy and recruitment marketing efforts. Recruitment Metrics

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.

The Key to Employee Engagement: Your Net Promoter Score

HR Bartender

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. Why not use a proven metric that the organization understands?

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. Recruiting.

The problem with employee wellness programs

Workable

Employee wellness programs are morally questionable and misguided. Instead, companies should focus on less intrusive ways to encourage wellness, and let employees manage their own health. What are employee wellness programs? The problems with employee wellness programs.

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.

Last Week in Talent - May 15, 2017

Entelo

Seventeen percent are looking while 46% are receptive to an overture from a recruiter.”. And finally, ask yourself how well you really know job-seekers , consider hiring people with these three weaknesses and read a bunch of software engineer’s describe their average workday.

ADP 46

How to Improve Recruiter Efficiency By Slaying Dirty Data Issues

Visier

Recruitment’s impact ripples out across the employee lifecycle. Many recruiters specialize in quickly filling positions , making calls, and researching potential candidates to get talented people in the door to meet hiring managers.

Data 208

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. In his new role, Scott’s responsibility was to provide departments with regular recruiting dashes. 2017 Glassdoor research ).

The Best of ERE Spring 2017 Recruiting Conference

Entelo

The lights have gone down on the spring edition of ERE's recruitment conference, and as usual, attendees and vendors alike were taking to the twittersphere to share the most surprising, inspiring, and exciting parts of the show. Automate as much as you can in #recruiting without losing the human touch for your external and internal candidates. April 20, 2017. April 19, 2017. April 20, 2017. April 20, 2017. April 20, 2017. April 20, 2017.

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

stage, HR is integrating and curating their workforce data from various transactional systems , as well as developing the business acumen to tell a story with the data that will lead to better and more productive business decisions.

How to be a successful recruiter: Advice for each hiring stage

Workable

That could be the shortest job description for a recruiter. But a glimpse at a recruiter’s typical agenda shows that their day-to-day tasks are not as simple as you might think. For an effective recruiter-hiring manager collaboration , make sure you: Agree on qualification criteria.

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.

Five Facts About Using A Recruitment Chatbot

TalentCulture

Will the next wave of recruiting involve the use of a recruitment chatbot? Randstad found 82% of job seekers believe the ideal recruiter interaction is a mix between innovative technology and personal, human interaction. . schedule an interview with a human recruiter.

How to build a social media recruitment strategy: An FAQ guide

Workable

Recruiters use social media sourcing to build talent pipelines for future roles and engage passive candidates who haven’t applied for current openings. What are the most popular social media networks for recruiters? What are some compelling social media recruiting statistics?

The problem with employee wellness programs

Workable

Employee wellness programs are morally questionable and misguided. Instead, companies should focus on less intrusive ways to encourage wellness, and let employees manage their own health. What are employee wellness programs? The problems with employee wellness programs.

7 Possible Human Capital Management Resolutions for 2017

Lumesse

7 Possible Human Capital Management Resolutions for 2017 Published date: January 3, 2017 Home. email facebook linkedin twitter google+ 2017 is upon us.After we’ve recovered from any holiday stupor it’ll be time to return our focus to future business. RECRUIT MORE EFFICIENCTLY.

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

Linkedin Talent Blog

Second, they are all recruiting powerhouses. And third, an important lesson for recruiting leaders, they all excel at innovation and recruiting because they rely on a data-driven decision making model. Almost everyone agrees that it’s more time-consuming to recruit innovators.

Remote Workforce NPS: The Most Important Metric You’re Missing

ConnecTeam

There are so many different metrics and acronyms, you’re forgiven if you don’t recognize this one. NPS may be the one metric you’ve never heard of that meets the speed and flexibility of the modern workforce. When low scores correlated with recruitment process feedback, they focused improvements and now employees are more likely to refer friends. The post Remote Workforce NPS: The Most Important Metric You’re Missing appeared first on Connecteam.

Why Recruiters Should Consider Structured Interviews

Achievers

By: Anna Peters (with College Recruiter ). Too many recruiters and hiring managers ask interview questions that reflect their biases, increasing the likelihood that they don’t fairly compare candidates. Base your metrics entirely on this question.