Eight Concerns With Employee Engagement Benchmarks - DecisionWise

Decision-Wise

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. How old is the data?

Anatomy of a Benchmark

Namely

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. HR Technology Product Updates HR Data HR

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:

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

Dice 2018 Tech Salary Report

and employers discover salary data to align. include Cloud, Big Data and Process Management. salaries based on more than 600,000 data points. benchmarks for tech pay across the U.S., For instance, what is a competitive salary for a Data. Big Data $ 115,884 3.0%

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.

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.

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.

Getting Started with Relocation Data Tracking and Benchmarking

UrbanBound HR

The early stages of a relocation program are a lot like the first steps in a relocation. The first piece of information our Relocation Consultants ask for is where a person lives now, and where their destination city is.

Twitter Chat Benchmarks #failchat

Laurie Ruettimann

But, from a marketing standpoint, there are specific, short-term Twitter chat benchmarks that I failed to hit. So I’m sitting here in my pajamas on a Sunday morning eating oatmeal (which always gets stuck in my teeth) and looking at the data and chat history. Hey, everybody.

Newton’s Guide to OFCCP Compliance

Key topics covered by this act are hiring benchmarks, data. Finding Your Way Through OFCCP Compliance ? Doing business with the government provides access to a. stable stream of revenue, a consistent workforce, and a. wider client portfolio, all of which offer your business great.

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.

The HR Benchmarking Data Guide (& Why Beating The Benchmarks Isn't Enough)

Perceptyx

That’s why benchmarks are so important for understanding survey data; they are designed to provide context and meaning for interpreting your scores. Interpreting survey scores without any context can be challenging.

Recruitment and Retention Through Salary Benchmarking Data

ADP

Salary benchmarking data can help you retain your best executives and ensure that you recruit top talent. Here's how

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? Benchmarking hybrid jobs is more complicated than simply “splitting the difference.'

Compensation 101: A Beginner's Guide to Compensation Management

A common misstep with market data is to think of it as only right or wrong. Market data should be. opportunity to examine market data and consider how it is applicable to your organization, and when you. Types of Data Sources The types of sources are varied and vast.

Introducing the 2018 Pre-Employment Testing Benchmark Report

Criteria Corp

pre-employment testing Data stats survey benchmarksEarlier this year, we set out to learn more about how companies incorporate pre-employment tests into their hiring processes.

Benchmarking: An Important Tool in the War for Talent

HR Daily Advisor

HR and business leaders see this firsthand as they fight to keep innovative, eager talent engaged and on their teams and are leveraging their people data to improve the hiring and talent retention process. Benchmarking. However, as the world of work evolves, so are benchmarking tools.

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. Benchmarking and surveys provide solid answers. They turn to benchmarking and employee surveys to build and validate benefit plans. Benchmarking studies yield details like: Medical plan type.

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.

Compensation Dictionary

Gather external data and evaluate that information against how you are paying internally. Survey providers vary so it’s important to research your selected data source and their data. Often misunderstood, but a very critical part of evaluating compensation, is the benchmark job.

Benchmarking and Executive Compensation

HRExecutive

New research by University of Michigan professor Martin Schmalz and co-authors Miguel Anton and Mireia Gine of the IESE Business School and Florian Ederer of the Yale School of Management helps explain why—and why benchmarking happens more in some industries than in others. ” Schmalz, Anton, Ederer and Gine examined 20 years’ worth of data from ExecuComp, which measures the compensation of top executives of the largest 2,000 U.S.

How to Use Employee Benchmarks

Namely

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. Benchmark comparisons give you the added context of how your organization is doing relative to your peers.

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.

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.

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. The data you need to collect to make your wellness programs meaningful.

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.

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

The HR Capitalist

Every year they release a Recruiting Benchmark Report offering a unique combination of data and guidance: summary and analysis of industry benchmark data, along with strategic advice to help you measure, improve and optimize every step of the recruiting funnel.

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?

Collection Issues or Corporate Problems? The Value of Benchmarking Data

ADP

Here's the value of benchmarking data Are collection issues or corporate problems your HR challenge?

Small Business Guide to Comp Benchmarking

Benchmarking Intro These days, employment candidates are more informed than ever about the market value. Use the following steps to benchmark your jobs and develop pay guidelines in. your market data is the most tangible part of your compensation strategy. Your data source or.

Benefits of Benchmarking

Mercer

Leveraging solid benchmark data over time allows you to understand trends in the benefits market and how they apply to your company. The post Benefits of Benchmarking appeared first on Mercer PeoplePro Blog. Entrepreneur Health & Wellness Hr Human resources Small business advice Small business hiring small business incubator Small business news Start ups

Product Update: Industry Benchmarks Make Insights Even More Accurate

Hireology

Insights – Hireology’s analytics platform –just received an update to make our benchmarks even more accurate. Industry benchmarks make it easy to measure and compare aspects of your hiring process to other businesses like yours to see how you stack against the competition.

Compensation Management: Salary Benchmarking and Beyond

Zenefits

Salary data surveys are a good first step to determine pay scales for a wide range of positions. Note that survey data should be collected by a third party rather than self-reported by employees to ensure accuracy. There are several salary comparison tools to help aggregate data for specific roles. The Bureau of Labor and Statistics offers years of comparative wage data for many occupations at the national, state and metropolitan level.

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.

How to Build Pay Grades and Set Salary Ranges

Speaker: Jennifer Ferris CCP & Paige Hanley CCP

Join PayScale’s compensation experts as they show you how to build ranges from a market-centered midpoint, and how to use market data to update or create market-based pay ranges. Choose benchmark positions and slot non-benchmark positions into your pay structure.