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

HR Bartender

In my very first human resources manager role, I attended a weekly department head meeting. My boss would have all of us go around the table, talk about the projects we were working on, and discuss any resources (i.e. All of them would get the resources they requested.

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.

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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. 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. A survey by the Society for Human Resource Management (SHRM) found the average time to fill is 42 days.

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.

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.

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).

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?

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.

The Untapped Resource Startups Can Leverage To Design The World’s Best Workplaces

15Five

The quality of these programs are important because they influence key people metrics including employee engagement, retention, and productivity , as well as customer satisfaction. Resources that provide relief through evidence-based and actionable answers are rare and invaluable.

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.

The Changing Role of Human Resource Management – HRM

EmployeeConnect

The function within an organisation that is focussed towards recruitment, management, and offering direction to the people of the organisation is termed as Human Resource Management (HRM). Human Resource Management and Line Managers The various functions of Human Resource Management are performed by line managers who are directly responsible for the contribution, engagement, and productivity of the staff members who report to them.

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?

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. Yet another hurdle, a lack of time and resources.

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.

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.

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. But when it comes to measuring human-resources data to better your business, what should you measure? I asked human resources experts to weigh in on the HR metrics that matter most, and why. #1

3 Examples of Evidence-Based HR in Action

UpstartHR

Last week I had the pleasure of presenting a workshop based on metrics, evidence-based HR, and change management. General Compensation Data Evidence-Based HR Metrics Recognition Scientific Method

? 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.

Your Organization’s Last Differentiator: Human Capital

HR Bartender

The weather wasn’t’ the best at this year’s Society for Human Resource Management (SHRM) Annual Conference. They go beyond their traditional resources by utilizing technology very effectively to incorporate new ideas such as crowdsourcing.

Kronos 383

Alarming Statistics on Employee Engagement for 2017

Kazoo

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. 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. The post Alarming Statistics on Employee Engagement for 2017 appeared first on Kazoo.

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 Can HR Utilize Big Data With Fewer Resources?

HR C-Suite

A decision in today’s competitive world must well be taken with pure calculation, so the risk involved is also perfectly counted in as […]. Featured Planning Value Big Data hr analytics hr metrics Human Resources Management

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 Talent Metrics You Should Start Tracking Today

Namely

The field of human resources is changing. But you can use this data to identify and hire top talent, create a more objective method for evaluating candidates, and invest HR resources into the right talent sources. 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.

4 Pillars of a Successful Performance Management Plan

ClearCompany HRM

Often, a well-articulated mission statement is the place to start. In the best companies, where employees are engaged and performance shines, leaders at all levels respect employees and consistently strive to give them the autonomy, help, resources, and time they need to do great work.”.

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. This year’s BLR ® —Business & Legal Resources Pay Budget and Variable Pay Survey is practically a replay of last year’s survey, with 18.6% (up from 17.9% 2017 Rate Range Adjustments.

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

CakeHR

2017 Review Shows $180 billion Cloud Market Growing at 24% Annually | Source: Synergy. It’s All About Human Resource. Let’s explore what passes for Human Resource management in these quarters. #1 But HR technology can help human resource grow out of the shadow of the cloud.

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. Third, do you have the time and resources to clean the data yourself?

Data 364

Workplace Wellness Programs Track Your Health, But How Far Should They Go?

SuccessFactors

Employee wellness programs have taken off in our “FitBit-ized” lives. We’re all catching on to the fact that what we need to do is treat people before they’re sick,” said Linda Townsend, founder of Release Well-Being Center.

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.

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.

5 Sure-fire Ways Even the Most Well-Planned Wellness Program Can Fail

Viverae

Building a wellness program that fires on all cylinders can sometimes feel like waking up early on a Saturday. In addition to ensuring that your program design aligns with your company objectives, you also need to think about ways to encourage engagement, decide on a set of metrics to measure the results of your efforts, and consider all the other variables that go into your program.