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10 vital HR metrics to track for your business

Business Management Daily

Human resources analytics, a relatively new discipline, is growing at an extraordinary rate and is quickly becoming an essential competency for HR professionals, according to Dr. Michele Rigolizzo, an assistant professor at the Feliciano School of Business at Montclair State University. It’s important in many ways.

COMPAS 59
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4 steps to Building a Business Case for D&I

Visier

We all know that our people are one of our most valuable assets, and an absence of diversity and inclusion puts that resource at risk. High-performing employees might decide to leave the organization out of frustration with the lack of inclusion, and recruiting new employees will be more difficult. Underline potential benefits.

COMPAS 223
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What Is Salary Range Penetration? Definition, Use, and Examples

Analytics in HR

You want to pay your employees accurately and at market levels. There are several metrics you can use to ensure fair pay. Salary range penetration is a crucial compensation metric to help you understand and manage pay differences at your organization. Why is salary range penetration a useful compensation metric?

COMPAS 90
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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?

Metrics 36
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Executive Scorecard: HireRoad’s Top HR Dashboards

Acendre

The Executive Scorecard provides an at-a-glance snapshot of your organization from a people-perspective and provides HR leaders with more point-in-time numbers. An HR leader brings their scorecard dashboard to an executive meeting to highlight key metrics. The HR leader will be ready for any questions related to HR and metrics.

COMPAS 52
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5 Ways to Promote More Gender Equity in the Workplace

Visier

But getting to the bottom of measuring pay equity at a given company is easier said than done. Start with simple metrics like “female ratio” (looking at the percent of total headcount that are female) by department, role, and/or location, and in your hiring pipelines. So could flexible working time arrangements.

COMPAS 174
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5 Ways to Promote More Gender Equity in the Workplace

Visier

But getting to the bottom of measuring pay equity at a given company is easier said than done. Start with simple metrics like “female ratio” (looking at the percent of total headcount that are female) by department, role, and/or location, and in your hiring pipelines. So could flexible working time arrangements.

COMPAS 150