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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. Fitz-enz] I first became involved with HR, then called personnel and training, in 1969. Is there a place in HR for both metrics and analytics?

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.

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. Measure What's Important to Your Audience Those in the role of training, learning and development have long followed theorists like Donald Kirkpatrick and Jack Phillips who offer excellent methods for demonstrating the value of programmatic learning.

The Reason Companies Should Calculate Cost Per Hire

HR Bartender

Personally, I’m a big fan of the cost per hire metric. Internal recruiting costs include salary and benefits for everyone involved in the recruiting process as well as recruiting software, etc. I like to calculate CPH at the beginning of interview skills training.

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.

4 Ways to Measure the Success of Your HR Programs

HR Bartender

But the measurement and evaluation portion of any program needs to be well thought out. It was created by Dr. Don Kirkpatrick in the 1950s and presents four levels for training evaluation: reaction, learning, behavior, and results.

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?

We’re Training Our Managers Wrong

Compensation Today

Having recently put together PayScale’s 2017 Compensation Best Practices Report , I learned some alarming stats that tell a pretty tough story for our managers. With such low confidence in manager abilities, I’d expect to see massive training programs in place.

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.

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?

Why Companies Are Massively Integrating Performance Data and Training

Rallyware for Human Resources

The answer lies in the integration of performance and employee training data. The initial purpose of training is to eradicate this very gap. After the employees go through training their performance is measured again. This data shows whether the training has led to the desired results. The data also shows what part(s) of the training may need to be changed or emphasized. In other words, performance data defines your training content and strategy.

Your Organization’s Last Differentiator: Human Capital

HR Bartender

It’s easy to understand so anyone regardless of background can begin applying it with just a small amount of training. To do all of these things well, an organization must harness the intangible qualities of people and understand the same of their customers.

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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.

Why Employee Training Needs To Start From Day #1

Rallyware for Human Resources

To surpass their competitors and thrive, there’s one vital activity businesses need to engage in: continuous employee training and development. There are two things companies should understand: The brief introductory training an employee receives during onboarding is not enough. Training should be planned and delivered from the employees’ first day and become an integral part of their work life. Training as an infinite loop. Make sure that training is needed.

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. Engagement remains a hot topic in 2017 because people are more mobile and have greater expectations of meaning and growth in the workplace. Oh, and you can also use it for punch clocks, training, chats and all that.

How to Be a More Strategic HR Leader in 2017

WorkHuman

Be sure you’re sharing information and providing training. Well, if you have a collegial culture, you wouldn’t want to hire somebody who is very aggressive and competitive, and vice versa. How to Be a More Strategic HR Leader in 2017 #workhuman Click To Tweet.

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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.

Yello’s Top 10 Talent Acquisition Posts of 2017

Yello

As you finalize your talent acquisition strategy for the new year, don’t let 2017 frustrations stand in the way. This round-up features Yello’s top 10 articles that address the most common talent acquisition pain points, such as identifying the most relevant recruiting metrics, streamlining chaotic career fair recruitment initiatives and keeping a passive talent pipeline engaged. The 5 Key Job Application Metrics You Need to Know.

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.

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.

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 ).

3 Ways To Ramp Up Your Sales Training

SuccessFactors

Despite the importance of the sales team, very few companies invest in training. This is tragic, especially since there are very affordable training approaches available that can significantly boost any sales team’s skills and morale. Training needs.

6 Trends That Will Define HR in 2018

Reflektive

Ranging from ‘new managers’ flagged to engage in training, to high attrition in certain teams requiring deeper HR engagement, or resignations of new hires and insights from our recruiting team,” Dennis says. As we wrap up 2017, it’s impossible to ignore the series of news headlines regarding workplace harassment. 2018 will be a good year to be in HR.

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10 Questions That Need To Be In Your Employee Engagement Survey - DecisionWise

Decision-Wise

Themes may include leadership, values, safety, communication, teamwork, training, and company benefits. A well-designed employee engagement survey will produce an accurate overall engagement metric while providing several data points for action planning at all levels in the organization.

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Power of Pods: Teamwork in the Workplace

DATIS

Well, it’s a lot easier to drive a go-cart than a semi-truck. Pods can also be utilized to develop solutions for problems that the business is facing, from compliance to training. Set Metrics for Success: What goals will they work toward?

Building a Talent Development Program for Millennials

Everwise

To help attendees form a more complete picture of the organization, they offer dynamic on-the-job training, supplemented with a variety of supporting activities. Flexibility in talent development programs will also resonate well with many Millennials.

3 More Trends Transforming Training

HR Daily Advisor

In yesterday’s HR Daily Advisor we began to explore trends that are transforming the world of training. That’s where gamification comes into, well, play. As virtual reality technology and devices take hold, you can expect gamified training to embrace them, too.

4 Key Steps to Implement a Blended Corporate Training Program

Learnbee

Given below are 4 key steps you need to follow to design, develop and implement a blended training program. Build an employee profile The success of any blended training program boils down to meeting the needs of the employees.

The Guaranteed Way To Have Better Quality Of Hire

Spark Hire

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. This is an important, yet little-used metric for assessing the effectiveness of a new employee.

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.

10 Reasons To Shift To A Data-Driven High Business Impact HR Model

Visier

Unfortunately, a study by AICPA revealed that only 12% of CEO’s were confident with Human Capital metrics. One of the best ways to find out how to become more strategic is to analyze the characteristics of other well respected and better-funded high business impact functions.

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HR, It's Time to Improve Your Employee Retention Strategy

Cornerstone On Demand

Although constantly recruiting and training new employees is expensive, it is the ancillary effects on productivity, customer satisfaction, manger effectiveness and engagement metrics that truly impact the overall business operations. If managers encourage and participate in this process, they'll be well equipped to help employees achieve those goals by staying with the company.

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.

Five Organizations Recognized for Next Practices at i4cp's 2017 Conference

i4cp

Ford, Intel, Cigna, Ingersoll Rand, and BlueCross BlueShield of Tennessee recognized with i4cp’s Next Practice Awards Five leading organizations were recipients of i4cp's 2017 Next Practice Awards in recognition of their implementation of outstanding innovations and achievement in the advancement of people practices. The winners were announced today at the i4cp 2017 Conference: Next Practices Now , in Scottsdale, Arizona.

The Importance of Project Governance

HRchitect

If the strategic vision is to work towards standard processes to support scalability, easier maintenance, more effective support/training, and better metrics, this principle should again be central when deep in the design trenches. Since he stated with HRchitect in 2000, Brian has led project management, functional consulting and training responsibilities in over 75 Applicant Tracking system evaluations and implementations. Written by: Brian Kimball.