Just Released: The 2020 Hiring Benchmark Report

Criteria Corp

Today, we released the 2020 Hiring Benchmark Report , our third annual report based on a survey of 400+ hiring professionals. Download a copy of the report to see all the data and to benchmark your own organization’s state of hiring.

Candidate Experience Benchmarking vs. Management

Survale

Candidate Experience Benchmarking vs. Management. When it comes to candidate experience benchmarking, theTalent Board’s CandE Research Program is the Gold Standard. Despite this connection, Survale goes beyond benchmarking. Candidate Experience Management or Benchmarking?

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Why Benchmarking is King

Allegis Global Solutions

I want to tell you about a secret weapon that will boost your talent acquisition process. It’s a weapon so elusive that only a few companies are unleashing it to ramp up their talent acquisition strategy and win over the best candidates. According to a recent AGS survey of HR professionals, over 75% are not using this weapon at all. The name of this mysterious ammunition? Data analytics. Talent Acquisition

6 Types of Benchmarking Your Business Should Use

crewhu

There are a few types of benchmarking organizations should utilize, including internal, external, and performance. Business Strategy KPIs BenchmarkingHere’s why they matter.

2019 Best-in-Class Benchmarking Analysis for Midsize Employers

The 2019 Best-in-Class Benchmarking Analysis for Midsize Employers explores what top employers are doing differently to stand out in healthcare cost control and HR management. Use these insights to build a better workplace and confidently position your organization for success.

Finding the Right Companies to Benchmark

HR Bartender

What companies should we benchmark ourselves against?”. Benchmarking is the process of comparing something (i.e. Whenever people suggested that we benchmark ourselves against this other airline, my vice president would always decline. The first criteria for selecting companies to benchmark is finding companies that have something you aspire to obtain. That being said, here are some things to consider when you’re looking for companies to benchmark.

New! DEI Survey, Dashboard, and Benchmark to Improve Inclusivity Efforts

Reflektive

Reflektive has developed a DEI survey, dashboard, and benchmark to help companies assess and improve their inclusion efforts. DEI Dashboard and Benchmarking. What’s more, HR teams can see their company’s scores versus those of the Reflektive DEI benchmark.

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. In this first wave of benchmarking, HR was provided with static comparison data that was typically 24 months old. Enter HR Benchmarking 2.0: The demands of a volatile business world will lead to the rise of what I call HR benchmarking 2.0. The post Why Benchmarking 2.0

Annual VEVRAA Benchmark Update

Berkshire Associates

OFCCP has updated the annual VEVRAA benchmark effective March 31, 2020. The new benchmark percentage is 5.7%. Federal contractors using the annual national percentage of Veterans as a benchmark in their AAPs would begin using the 5.7% benchmark with their first AAP dated after March 31, 2020. Contractors can use OFCCP’s chart to ensure they are using the correct benchmark according to their plan date, found here.

Eight Concerns With Employee Engagement Benchmarks - DecisionWise

DecisionWise

When we design employee surveys for our clients, it’s common for them to ask us about benchmarking and how it can help their company. This is a good question, because benchmarks are a quick way to see if your organization is on the right track. However, while our research database is large enough to yield some fairly interesting insights, we sometimes find our clients become fixated on obscure, external benchmarks.

HR Benchmark Report: How to Recruit, Coach & Develop Teams

Do you really want a team of all-stars? Instead of trying to hire all Type A high performers, research shows it’s much more effective to hire a mix of personalities. In this report, Paycor will explain why and how to go about assembling, coaching, and developing effective teams at work.

[Product Update] New Benchmark Scores

CultureIQ

In response to feedback from our customers, we have adjusted the frequency at which we update our benchmarks from daily to every six months. It’s been six months since we … The post [Product Update] New Benchmark Scores appeared first on CultureIQ. At CultureIQ, we’re committed to continuous improvement. Now’s the time! Product

2018 Employee Engagement Driver Benchmark Results - DecisionWise

DecisionWise

At the beginning of each calendar year, DecisionWise updates its rolling three-year global benchmark study database (2015-2017) with the results from the previous year. The post 2018 Employee Engagement Driver Benchmark Results appeared first on DecisionWise. DecisionWise has measured employee engagement drivers for over 20 years. Our research shows that there are 5 keys that drive employee engagement: Meaning, Autonomy, Growth, Impact, and Connection what we call engagement MAGIC.

Solidifying a Competitive Advantage with Engagement Benchmarking

Ultimate Software

Benchmarking enables companies to compare organizational metrics with their peers and competitors, confirming strengths and opportunities for improvement. Many businesses already use benchmarking to analyze their learning and development (L&D) spending, recruiting, and organizational design, but far fewer are actively measuring and benchmarking their employee engagement scores. Of course, this data is even more insightful when weighed against industry benchmarks.

Annual VEVRAA Hiring Benchmark is 5.9%

Biddle Consulting

Today the 2019 Annual Vietnam Era Veterans’ Readjustment Assistance Act (VEVRAA) hiring benchmark was updated on the VEVRAA Benchmark Database. Effective on March 31, 2019, the new benchmark is 5.9 View a chart of the annual national percentage of veterans in the civilian labor force from prior years on the Annual VEVRAA Benchmark Effective Dates page. EEO News OFCCP Hiring Benchmark VEVRAA VEVRAA Hiring Benchmark

New Report Helps Attract, Retain and Reward Top Talent

The 2019 Best-in-Class Benchmarking Analysis for Large Employers explores what top employers are doing differently to stand out in healthcare cost control and HR management. Use these insights to build a better workplace and confidently position your organization for success.

The Ethical Benchmarking of HR analytics

Analytics in HR

In this article, we discuss the state of the art of ethical benchmarking of algorithms and provide advice for practitioners in the field. The answer to the question of how we can assess the ethicality of HR analytics lie in benchmarks. Benchmarks measure properties and provide scores based on the ethical framework(s) they represent. Specifically, by forcing us to develop and apply standardized metrics, benchmarks allow us to encode context.

Anatomy of a Benchmark

Namely - Talent

Namely recently launched our Benchmarking Package to clients, an offering which provides quarterly reports of company-specific insights with tailored benchmark data layered directly on top. In light of this exciting news, I thought it would be fun to introduce all of my fellow data nerds out there to the process behind developing, testing, and launching Namely’s benchmarks.

Twitter Chat Benchmarks #failchat

Laurie Ruettimann

But, from a marketing standpoint, there are specific, short-term Twitter chat benchmarks that I failed to hit. But Twitter chat benchmarks don’t lie. The post Twitter Chat Benchmarks #failchat appeared first on Laurie Ruettimann. Hey, everybody. I’ve been doing a Twitter chat for the past five weeks called #failchat to prepare the market for my GlitchPath launch. Each week, I posted a topic and talked to my audience about overcoming failure.

What Hiring Benchmarks Mean for Federal Contractors

Workology

As part of the 2014 updates and enhancements to the OFCCP requirements, federal contractors are required to meet or exceed what is referred to as hiring benchmarks for two specific groups of employees and candidates: 1) Veterans 2) People with disabilities What is a Hiring Benchmark? HR compliance diversity hiring benchmark HR compliance OFCCP what is a hiring benchmark

Benefits benchmarking data for better employee and organizational wellbeing

Recognize your strengths and identify opportunities to retain valuable employees, increase employee engagement and achieve organizational goals. See where you stand against trends informed by nearly 4,000 employers and face your future with confidence.

Introducing Our Performance Management Benchmark Report

Reflektive

Download your copy of the Performance Management Benchmark Report here. The post Introducing Our Performance Management Benchmark Report appeared first on Reflektive. We’ve heard it said that the performance appraisal is a common enemy. Employees, managers, and HR leaders alike wish it dead and gone. The origin of the annual review goes back more than 100 years, with the concept being popularized in the 1950s. Think of how much the world has changed.

Top 7 Benchmarks for Comparing Resume Parsing Technology

RChilli

Are you looking for a perfect resume parser? Which factors do you consider while buying a resume parser? Candidate experience Resume Parser HRtechnology customersuccess

How to Use Benchmarking

crewhu

measurement performance

[VIDEO] Business Resilience and Agility: A Benchmark of Performance Amid Uncertainty

Aberdeen HCM Essentials

The post [VIDEO] Business Resilience and Agility: A Benchmark of Performance Amid Uncertainty appeared first on Aberdeen. Companies by and large are being affected — either positively or negatively — by the economic changes brought upon buy the COVID-19 pandemic.

2020 Database Strategies and Contact Acquisition Survey Report

As buyer expectations continue to heighten, marketing and sales teams are feeling pressured to deliver authentic messaging to buyers at every point of their customer journey. This report aims to highlight the current state of B2B database and contact acquisition strategies, and organizations’ goals to leverage data to fuel their go-to-market strategies in 2020 and beyond.

Industry Verticals, Organizational Cultures, and Benchmarking

ClaimVantage

These groups are so large that they often self-insure many of their insurance coverages, and soon terms like “benefits administration,” “workflow” and “benchmarking” become a regular part of your vocabulary. There is no aggregate data available for benchmarking absence-oriented employer results for companies that are self-administered (not to be confused with those that are self-insured!).

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. Here, we take a closer look at the practice, along with compensation benchmarking software, an innovative tool designed to help HR professionals. What is Compensation Benchmarking? The Challenges of Benchmarking. Compensation planning software makes benchmarking simple and efficient.

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. He wanted to look into it and called for ‘a benchmark, something that I can measure myself against to understand where we have to go from here’. The flaws of current benchmarking.

Benchmarking Makes Employee Survey Results More Powerful

Bonfyre

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. A two-step process that combines internal and external benchmarking will give you a guideline for improving the employee experience that is adaptable to the unique conditions of your company, while also providing solid correlations between improvement efforts and outcomes.

The Wellness Council of America’s (WELCOA’s) 7 Benchmarks to Building a Results Oriented Wellness Program

Speaker: Ryan Picarella, President, WELCOA

The Seven Benchmarks are an important part of building a results-oriented workplace wellness program. By following this proven methodology in your organization or with your clients, you can provide a credible framework which can be tailored toward organization specific values, mission, vision and goals for wellness. Organizations that are dedicated to the health of their employees are given a structure to help their organizations through the Well Workplace Process.

OFCCP Lowers Veteran Hiring Benchmark to 5.7% Effective 03/31/2020

Biddle Consulting

If your organization adopts the national percentage as the annual protected veteran benchmark, and your AAP start date is on or after March 31, you should use the 5.7% If the agency reports a lowering (or raising) of the national percentage during the course of a contractor’s AAP cycle, the OFCCP does not expect contractors to change the benchmark adopted at the start of the AAP year. EEO News OFCCP Veterans Hiring Benchmark ofccp

Take Our HR Benchmarking Quizzes

Paycor

Take our benchmarking quizzes to find out and get customized action plans based on your results. Recruiting Benchmark Quiz. Benefits Benchmark Quiz. Labor Costs Benchmark Quiz. People Management Benchmark Quiz. Compliance Benchmark Quiz Paycor's research shows that 75% of high-functioning HR teams spend their time on mastering key pillars of HR excellence. Want to know how your team stacks up against others?

2020 XMI customer ratings benchmark data is live

Qualtrics

Are you interested in benchmarking your CX performance for comparing to companies like your own? The Ratings are a cross-industry, open-standard benchmark of customer experience measuring the performance of over 300 organizations across 21 industries.

Why Benchmarking Sucks

TalentCulture

Benchmarking has its roots in the Total Quality Management philosophy. The Benchmarking Process Is Simple: Determine Who Is Best In Class At Something And Copy Them. Benchmarking is usually aimed at a business process or operations. Go-to-market processes for products, order fulfillment and human resource practices are among the many organizational functions that get benchmarked. The post Why Benchmarking Sucks appeared first on TalentCulture.

Small Business Guide to Comp Benchmarking

To compete in today’s market, you must know what the market pays for certain skills so you can develop fair and competitive offers. Understanding the market, then determining guidelines for pay isn’t just a nice to have for today’s talent, it’s a must have.

Salary Compensation Benchmarking 101

Mercer

In many industries, salary compensation benchmarking is one of the most comprehensive ways to stay on top of ongoing business trends. The post Salary Compensation Benchmarking 101 appeared first on Mercer PeoplePro Blog. Read on to see exactly is it and what it entails. HR Strategy & Talent Management Rewards & Compensation ACA emerging business entrepreneur entrepreneurs HR human resources SBA SCORE SHRM small business administration small business advice start ups

How To Utilize Benchmarks In Your Recruiting Strategy

PandoLogic

Last decade, benchmarking became an HR industry standard for measuring aggregate performance for all aspects of HR—from components like salary to overtime, to an organization’s diversity. Benchmarks in years past. The post How To Utilize Benchmarks In Your Recruiting Strategy appeared first on PandoLogic. Curious how your recruitment game measures up against the competition?

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? The problem is that benchmarking hybrid jobs is more complicated than simply “splitting the difference” between the market value of the two pieces of that job. Benchmarking hybrid jobs is more complicated than simply “splitting the difference.' HR Management job benchmarkin

Recruitment Operations Statistics and Trends: A 2020 Benchmark Report

Yello

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. Yello’s 2020 Recruitment Operations Benchmark Report reveals trends across multiple industries and a variety of job categories. 2020 Recruitment Operations Benchmark Report. The post Recruitment Operations Statistics and Trends: A 2020 Benchmark Report appeared first on Yello.

2019 Third-Party Recruiting Benchmark Report

The unemployment rate has just hit 3.6%, the lowest jobless rate since 1969. Yet 50% of the time, the winning candidate hits the hiring manager’s inbox within 1 week when utilizing the BountyJobs platform. Download this report for a definitive collection of industry trends in critical hiring, brought to you by the world's leading recruiter engagement platform.