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10 vital HR metrics to track for your business

Business Management Daily

Robust data collection and analysis helps companies see if a particular change impacts employee morale, for example. How are organizations using HR analytics to increase employee recruitment and retention? Dr. Rigolizzo: Regarding recruitment, thoughtful data can reveal built-in biases that keep you away from qualified candidates.

COMPAS 59
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Compensation Metrics for Evaluating Your Plan’s Success

Zenefits

Tracking and evaluating employee compensation metrics matters for maintaining a healthy, viable company. Let’s look at what compensation metrics are and which ones might best apply to your company’s compensation strategy. What are compensation metrics, and why are they important to measure? For example, the U.S.

Metrics 36
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7 Compensation Issues and How to Fix Them

Analytics in HR

Ignoring compensation issues at your organization can lead to unhappy workers, low morale, decreased productivity, and increased turnover. There are also companies you can pay to perform a market analysis on your organization. Conducting a pay equity analysis. Tracking compensation metrics.

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What is People Analytics and How Do I Get Started?

Visier

People analytics empower organizations to leverage data to optimize employee experience, create the best possible organization structure and maximize productivity. It reduced its workforce planning cycle by 25%, improved the accuracy of its hiring plan from 78% to 95%, and increased the accuracy of its headcount plan from 60% to 95%.

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Compensation and Benefits

Analytics in HR

This amount is negotiated during the hiring process and agreed upon before the employment contract begins. Every new hire should receive a clear report of their compensation package and know who to contact if they have any questions. Improved productivity A HubSpot report showed that lost productivity costs US businesses $1.8

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The Compensation and Benefits Manager – A Full Guide

Digital HR Tech

The compensation and benefits manager works with hiring managers, recruiters, and other Human Resources personnel to ensure that job offers are both based on market rate and have internal equity (an explanation is provided below). Your relationship to this midpoint is called a compa-ratio. Determining Market Rates.

COMPAS 52
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The New Workforce Gender Equity Factors HR Needs to Watch

Visier

In 2015, 90% of new CEOs in the S&P 500 were promoted or hired from line roles — and 100% of these executives were men. Researchers at Stanford University’s Clayman Institute conducted an analysis of the language in hundreds of performance reviews and found that women received 2.5 The Problem with Gender Bias.

COMPAS 152