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

Visier

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. In this first wave of benchmarking, HR was provided with static comparison data that was typically 24 months old.

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

Visier

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:

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Salary Benchmarking Guide - Importance, Process, Challenges, and Trends

Empuls

Salary benchmarking is when HR compares the organization's pay levels with market rates for similar jobs. According to HRforecast, 63% of organizations utilizing benchmarking practices are more likely to retain and attract top talent.   Salary benchmarking ensures that employees are paid fairly for their work. 

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Talent acquisition strategy and recruitment success

Acendre

In fact, premium insights at this level are achieved with a calculated combination and comparison of data from all your disparate HR systems. For this reason, a lack of ability to streamline and benchmark recruiting efforts against goals is a common challenge without the right tools.

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New Data on Women Breaking the Glass Ceiling

Visier

While organizations report they are committed to gender diversity, that commitment has not translated into progress for most. Improving female equality requires assessing the starting point, benchmarking, establishing goals, and creating a roadmap with milestones and clear accountability. Intersectionality also matters.

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Workforce Diversity & Inclusion: The Ultimate Guide

Primalogik

Workforce diversity is a core component of organizational success. What is workforce diversity? Gartner defines it well: “Workforce diversity is the collective mixture of employees’ differences and similarities (including individual characteristics, values, beliefs, experiences, backgrounds, preferences, and behaviors).”

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5 Tips for Diversity and Inclusion Training

Ongig

And the foundation for most of them is diversity and inclusion training. If you are just getting started or want to fine-tune your diversity and inclusion training, these 5 tips might help. Why is diversity and inclusion training important? Millennials and Gen Z are more “ethnically diverse” than other generations.