Why Benchmarking is King

Allegis Global Solutions

According to a recent AGS survey of HR professionals, over 75% are not using this weapon at all. Data analytics. I want to tell you about a secret weapon that will boost your talent acquisition process.

How to Prepare for the Next Wave of HR Benchmarking

Visier

HR benchmarking first hit the scene in 1980 , giving organizations a way to assess relative performance for important measures such as turnover. In this first wave of benchmarking, HR had to leverage surveys and other data that was often self-reported, and therefore subject to bias.

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Why Benchmarking 2.0 is a Must-Have for Influential HR Leaders

Visier

This all changed in 1980, when Dr. Jac Fitz-enz — now celebrated as the father of human capital strategic analysis and measurement — founded the Saratoga Institute , and developed the first international HR benchmarking service. Enter HR Benchmarking 2.0:

Solidifying a Competitive Advantage with Engagement Benchmarking

Ultimate Software

As our exposure to Big Data progresses exponentially, analytics and BI are playing an increasing role in overall corporate strategy. Few departments are exempt from regularly analyzing and reporting metrics to the C-suite, and long-term tracking of this data is invaluable.

Why Benchmarking 2.0 is a Must-Have for Influential HR Leaders

Visier

This all changed in 1980, when Dr. Jac Fitz-enz — now celebrated as the father of modern HR — founded the Saratoga Institute , and developed the first international HR benchmarking service. Enter HR Benchmarking 2.0: The post Why Benchmarking 2.0

Intent Data Industry News: Buyer Intent Data Tools Insight, ABM Benchmarks, 2020 B2B Marketing Predictions, and More

Aberdeen HCM Essentials

What happened in the intent data industry, ABM, and data-driven marketing for the month of October? Buyer Intent Data Tools Market Insights. In October, Acquire Market Research released its 2019 market report on Global Buyer Intent Data Tools.

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Raising the bar in benchmarking

Analytics in HR

Even the legendary Chinese general Sun Tzu was a sucker for benchmarking. In this article I’ll explore the origins, future, flaws, and benefits of benchmarking. . The origins of benchmarking. The term benchmarking (in its current meaning) originated in the eighties.

Twitter Chat Benchmarks #failchat

Laurie Ruettimann

But, from a marketing standpoint, there are specific, short-term Twitter chat benchmarks that I failed to hit. Anything worth doing takes some time to grow, but I’ve now learned that a majority of my audience cannot make themselves available at the scheduled time. Hey, everybody.

Compensation Benchmarking Software

HRsoft

There are many tactics enterprises can use to ensure they’re paying fairly and competitively, one of the most effective of which is compensation benchmarking. What is Compensation Benchmarking? The Challenges of Benchmarking.

Recruitment Operations Statistics and Trends: A 2020 Benchmark Report

Yello

It’s no surprise that measuring recruitment operations success comes down to data. When it comes to recruitment operations benchmarks, understanding what’s going on outside your organization may be key to assessing whether you’re on point or behind the curve.

3 Ways to Approach Benchmarking Hybrid Jobs

Compensation Today

Have you ever found yourself staring at lines of market data, wondering how you are going to benchmark your HR/Accounting Assistant, Recruiter/Front Desk Receptionist or Medical Coder/Billing Specialist? BLENDING MARKET DATA. HR Management job benchmarking

5 ways to use the new Qualtrics Digital CX Benchmark

Qualtrics HR

The Qualtrics XM Institute is excited to announce the launch of a new digital benchmark initiative – the XMI Customer Ratings – Digital. It can be quite useful to have a “score,” but it’s still important to take a look at these core metrics individually.

Benchmarking Makes Employee Survey Results More Powerful

Bonfyre

But now that you have the data, you’re probably wondering: “What next?”. Having data is one thing. Knowing what that data actually means and how to use it is another. Benchmarking your survey results can provide a look into how your organization improves over time and how it compares to similar companies. Benchmarking puts employee survey results into context. That’s why a combination of internal and external benchmarking is important.

Intent Industry News: ABM Benchmarks, Data Strategy, B2B as B2C, and More

Aberdeen HCM Essentials

This week, we’re looking at headlines related to intent data and data-driven marketing from the month of September. Live Webinar: ABM Benchmarks for 2020. In an upcoming webinar on October 16 , Demand Gen Report will share its findings from the latest ABM Benchmark Survey.

Jobvite 2018 Recruiting Benchmark Report: How Do Your Funnels Look?

The HR Capitalist

If there's one ATS that does a nice job reporting trends, it's Jobvite. . Go download the Jobvite 2018 Recruiting Benchmark Report by clicking here!!!! --. This data matches what we saw at Kinetix (my recruiting company) across 4500 hires for clients last year.

Benchmarking: An Important Tool in the War for Talent

HR Daily Advisor

With unemployment at a 16-year low, the risk of employees considering other job opportunities is high. Benchmarking. Benchmarking is the process of comparing your organization’s own processes and operations against those of your competitors.

Key hiring metrics: Useful benchmarks for tech roles

Workable

So, to help you determine how effectively your company hires for tech roles, we’ve created benchmarks of key hiring metrics based on anonymized data from millions of candidates processed in our system. How does your tech recruiting process compare to that of other companies?

Benchmarking and Surveys Gauge if Employee Benefits are on Target

Corporate Synergies

Benchmarking and surveys help employers zero in on options that workers deem valuable. With unemployment at a 50-year low, health and welfare benefits have become a big differentiator for employers, which means they need to be competitive to attract and retain employees.

How to Use Employee Benchmarks

Namely

Employee engagement surveys are a great way to gather employee feedback that can help improve culture at your organization. When using employee surveys, it’s important to have comparison data so you can track how you’re doing over time. There are generally two ways to compare your data—to your own results year-over-year or to a benchmark. Year-over-year data shows you the impact of any actions you took as a result of a previous survey.

Jobvite 2018 Recruiting Benchmark Report: Source of Hire Report!

The HR Capitalist

If there's one ATS that does a nice job reporting trends, it's Jobvite. . Go download the Jobvite 2018 Recruiting Benchmark Report by clicking here!!!! --. Good news - Jobvite is looking at all the activity across their ATS solution and publishing their own Source of Hire data.

Key hiring metrics: Useful benchmarks for tech roles

Workable

So, to help you determine how effectively your company hires for tech roles, we’ve created benchmarks of key hiring metrics based on anonymized data from millions of candidates processed in our system. Stories & Insights Inside HR Tech & Data Hiring process Recruiting data

Why Being Data-Driven Isn’t Enough

Visier

Even the most qualitative departments, such as Marketing, moved from “art” to “science” through the use of data. . Indeed, the “art” of modern business is that everything can be quantified and measured, and data is now the single most important type of capital that an enterprise can own.

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Benchmarking & What-If Analysis

Vemo

Benchmarking Metric Benchmarking can be a great way to compare your metrics to industry best practices, however accessing relevant benchmarking data for you industry is not always easy to obtain or broadly available for every industry.

How companies endanger customer data

Qualtrics HR

However, there’s an expectation that the increasing number of clients have but few companies notice: data privacy and security. Modern business practices and data privacy. It can happen if a data breach occurs. Making customer data privacy part of CX.

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A Look Ahead at HR 2016 / 2017: Becoming Digital

Bersin with Deloitte

Governance HR Strategy & Benchmarking Human Resources Rewards & Recognition Services & Programs Communities of Expertise Data-driven HR Design Thinking Digital HR High-Impact HR High-Impact Human Resources HR HR Culture HR Digital HR Networks Networks of Expertise People Analytics SMAC Talent Analytics the Culture of HR Workforce managementHR is in a defining moment.

What is HR Data Analytics & How Do We Leverage It?

Ultimate Software

Data is now the most valuable currency in the world. But in contrast to the murky ethics of sourcing and selling consumer-driven data , leveraging internal HR data analytics to make better workforce decisions has been a key Human Resources best practice for decades.

Benefits Benchmark Report: Top Takeaways For 2019

PlanSource

We’re excited to share the first annual PlanSource Benefits Benchmark Report. This groundbreaking annual report is based on real user data from the PlanSource benefits administration platform. The enrollment data represents trends established from the more than 92 million benefit elections that have been made in our system. If you’re wondering what the report contains and what to make of the data—we’ve got you covered with our top takeaways for 2019.

How to Use Engagement and Performance Data in Talent Acquisition

Visier

When it comes to finding and retaining the right talent for your organization, there are many inputs and sources of data that can help inform the recruitment and retention process. We asked ourselves: How can you use engagement and performance data in the talent acquisition process?

Retaining Managers: New Data Reveals the Impact of People Analytics

Visier

To answer this question, we compiled a report aggregating anonymized Visier customer data, from more than 20 enterprise companies representing over 600,000 employees. . The post Retaining Managers: New Data Reveals the Impact of People Analytics appeared first on Visier Inc.

Benchmark Myopia and the Need for Business Drivers

SMD HR

It is a typical practice in many industries to be curious about, and focus on, benchmarks to get an idea of “where you stand” on a particular metric. To be clear, benchmarks are a good piece of information to know when examining your performance—but when leaders, particularly in HR, live and die (i.e., When you stop and think about it, a benchmark is just a pursuit to achieve somewhat better-than-average against a number that may not even reflect a true reality. Benchmarkin

401(k) benchmarks: What does the ‘average’ plan look like?

HR Morning

To do it, the retirement information provider analyzed data from a number of sources. In fact, 60% of employers now offer new hires immediate (one month or less at the company) eligibility in the company’s 401k.

Cost Per Applicant Benchmarks For Talent Acquisition Teams (2019)

Select Software Reviews

A few weeks ago I was on a hunt for cost per applicant benchmarks. After searching the internet, the folks at Appcast were kind enough to send along their annual report on cost per click and cost per applicant. How are you benchmarking the success of your recruiting teams?

Inspire Data-Driven Change: Key Takeaways from Outsmart 2019

Visier

From the very beginning of Outsmart 2019 –our annual people analytics and workforce planning conference–the data-driven leaders were told to: “Inspire change, together.”. We also have a lot of data that we’re afraid to confront. What’s our uncomfortable data in HR?

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What to do when the data says you’re wrong

HR Examiner

“As we continue into the era of data analytics, big data, AI, and personal tracking devices every HR professional should be prepared to face data that contradicts their beliefs sooner or later. New data should allow me to re-think my position and I should be fine with that.

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Employee Benefits Benchmarking: Employer Contributions

Zenefits

The March 2017 Zenefits Small Business Benefits Benchmark Report is now available. Representing data from more than 8,000 Zenefits customers, the report examines how plan types, contributions, premiums, deductibles, copays and out-of-pocket costs differ across regions.