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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? This is what accounting reports—the past. Therefore in most cases, retention is a very valuable metric.

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.

Futureproof Your Organization with These 8 Manager Effectiveness Metrics

Visier

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 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.

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.

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.

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. Consequently, these communicators will resort to measurement, well, half-measures, tracking how much content they’ve put out (i.e. Invest in systems that provide internal communications metrics.

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?

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. Track how many applications are completed, as well as how many are started.

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 Related Article: Top 7 Tips to Increase Employee Productivity in 2017. #2

The Key to Employee Engagement: Your Net Promoter Score

HR Bartender

I ran across this article from Gallup that reports managers account for 70 percent variance in employee engagement. But what if there was an engagement related metric that organizations easily understood? Why not use a proven metric that the organization understands?

? 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.

15 employee engagement ideas to try in 2017

Interact-Intranet

The research that drove Gallup to write their original report on the State of the American Workplace was conducted nearly ten years ago. That’s the report that says only about 30% of workers in the U.S. Measure as well as you can – your intranet can help.

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.

Last Week in Talent - May 15, 2017

Entelo

In possibly related news, USA Today reported that job-hopping is on the rise : “63% of workers are open to making a switch, according to a separate national survey of 2,156 employees that ADP conducted. May 8, 2017 May 1, 2017 April 24, 2017 April 17, 2017.

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

Visier

This is also what we think of as traditional analytics, where descriptive analytics and reporting are the norm. 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!

3 HR Talent Metrics You Should Start Tracking Today

Namely

Here are three metrics you can start tracking today: Quality of Hire Acquiring top talent is no simple task. The Quality of Hire metric is a quick index on a new hire’s adjustment, acclimation, and performance since joining the company. To define this metric you’ll need to establish success criteria—this could be how well a new hire fits with your culture, performs, or exhibits the required competencies, for example. The field of human resources is changing.

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.

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. Gallup reports only 13% of employees worldwide and approximately 30% in the US are engaged. Engagement remains a hot topic in 2017 because people are more mobile and have greater expectations of meaning and growth in the workplace.

Seven Steps to Meaningful Diversity and Inclusion Metrics

i4cp

In the world of business, metrics hold a special place—and rightfully so. The legendary Peter Drucker is well cited for pointed out, "you can't manage what you can't measure." A lot of D&I practitioners may gleefully note that there is no lack of metrics in the diversity and inclusion space—but which will move the needle on performance? The metrics and models to apply them in various situations filled eight pages.

Changemaker spotlight: Dr. Wald at USAA knows well-being can drive business results

Limeade

Because Dr. Peter Wald believes well-being makes him a better employee and a better leader. USAA as an enterprise is very focused on our employees’ well-being. The organization has invested in well-being for over 10 years and eventually outgrew their original vendor.

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).

3 WAYS TO MAKE YOUR WELLNESS PROGRAM WORK

exaqueo

It’s now the first week of June, and I can’t help but wonder if this uptick in wellness will continue— June is National Candy Month after all. WELLNESS AND THE WHOLE SELF A wellness program is a serious commitment. One that both people, as well as organizations, understand, yet often fall short of successfully maintaining. Organizations may roll out wellness programs in hopes of increasing employee engagement, but can’t figure out why employees aren’t participating.

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. Apple’s new diversity officer will report directly to the CEO ( Fortune ).

How to Improve Recruiter Efficiency By Slaying Dirty Data Issues

Visier

Zombie applications may not have been touched for years, but they can get extracted alongside your report on how many applications a role received, thus providing you with inaccurate metrics.

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Why HR Needs Mid-Level Analytics Projects

Visier

The least exciting stories involve essential, but basic metrics such as dashboards with accurate turnover data. Perhaps you are doing an analysis on how to improve wellness.

6 Trends That Will Define HR in 2018

Reflektive

Engagement surveys, feedback tools, digital collaboration through tools like Slack all contribute to clear communication between managers and their reports. “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.

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Reduce Gender Bias Using Data-Driven Performance Reviews

Visier

When looking at compensation, the 2016 Visier Insights Gender Equity report found that the gender wage gap widens when women are 32 years old, starting with women earning 90% the wages of men, and decreasing to women earning 82% the wages of men by age 40.

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Driving Employee Engagement Through Effective Performance Management

15Five

Companies with highly engaged employees outperform companies with disengaged employees on all accounts, including higher profitability, productivity, customer metrics and decreased turnover. How much are disengaged employees costing your company?

Power of Pods: Teamwork in the Workplace

DATIS

Well, it’s a lot easier to drive a go-cart than a semi-truck. Someone on the team should be well versed in technological solutions, while another should be more people-oriented. Set Metrics for Success: What goals will they work toward?

6 Steps for Making Smart Decisions With Wearables Data

Visier

The result, as reported in this New Yorker article , was a $15 million increase in annual productivity. 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.

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

Visier

Traditionally, HR analytics teams are seen as report-generators. Their contribution to company objectives has effectively been reduced to pulling numbers and using them to make graphs for the quarterly reports. The result is more reactive reports providing the same limited value.

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.

Want to Increase Employee Engagement? Hold Managers Accountable

ATD Human Capital

It’s no wonder that Quantum Workplace’s State of Employee Feedback report found that almost 37 percent of organizations said increasing employee engagement was their top people priority this year.