Industry Verticals, Organizational Cultures, and Benchmarking

ClaimVantage

In many ways, employee contributions in these industries are more easily quantified, leading to a metric-oriented culture. Institutional curiosity is still rampant, certainly, and big companies still want to know how their results stack up against their peer’s data.

Impress Your CEO With These Strategic Business Impact Recruiting Metrics

Visier

Talent Data ” I explained how you can impress your CEO by converting your Talent Acquisition results into dollars. It’s also important to understand that you can’t impress a CEO with a large volume of tactical recruiting metrics. This metric is a measure of your talent competitiveness.

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.

Impress Your CEO With These Strategic Business Impact Recruiting Metrics

Visier

Talent Data ” I explained how you can impress your CEO by converting your Talent Acquisition results into dollars. It’s also important to understand that you can’t impress a CEO with a large volume of tactical recruiting metrics. This metric is a measure of your talent competitiveness.

Just Released – Our 2018 Third-Party Recruiting Benchmark Report

2018 THIRD-PARTY RECRUITING BENCHMARK REPORT THE DEFINITIVE COLLECTION OF. findings by including such key data as time to fill, third-party recruiter performance, and. 2017 In addition to those previous data points. Outlines core metrics and performance. TOP METRICS.

21 Employee Performance Metrics

Analytics in HR

Employee performance metrics are key to tracking how well employees are performing. However, when done right, employee performance metrics benefit both the organization and the employee. We listed the most important ones below and included some practical examples of each metric. There are various kinds of employee performance metrics. Work quality metrics. Work quantity metrics. Work efficiency metrics. Organizational performance metrics.

Quality of Hire: A Vaguely Valid Metric?

China Gorman

Turns out they did a bit of a miscalculation and corrected data that looked askew. As I looked at a relatively new infographic about their survey data, I was again intrigued by some of their findings. These are interesting and good metrics.

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.

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.

The Secret To Selecting and Measuring Key Employee Performance Metrics

EmployeeConnect

Measuring critical employee performance metrics offers organisations key benefits for attracting and retaining top talent while meeting operational imperatives. The primary benefits of employee performance metrics are tied to fostering better employee engagement, which enhances productivity, innovation, creativity, employee loyalty and longevity. That’s why today’s software applications for measuring key performance metrics are so valuable.

Dice 2018 Tech Salary Report

and employers discover salary data to align. include Cloud, Big Data and Process Management. by state and key metro area is provided at: dice.com/salarymap Real-Time Salary Tools To solve the pain point of lacking industry metrics, Dice. benchmarks for tech pay across the U.S.,

Data Journalism for HR: The Beginner’s Guide

Visier

For the average person, data without a narrative is like a trip into the wilderness without a compass: overwhelming and disorienting. That’s why data journalism — a kind of factual storytelling based on data — has become a big trend. Why HR Needs Data Journalism.

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The Three Vital Metrics for Every Employment Role

Talent Analytics

The Three Vital Metrics for Every Employment Role. Likewise, “industry benchmarks” are next to useless – companies differ, regions are different, and enterprises evolve over time. A Call Center or Underwriter role will have plenty of data for great accuracy.

10 Reasons To Shift To A Data-Driven High Business Impact HR Model

Visier

In order to move from this “list of challenges” to the “corporate asset list,” I have found that HR and its key functions like recruiting, retention and learning must move to dramatically increase their measurable business impacts by adopting analytics and data-driven decision-making.

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How Workday is Doubling Down on Data and Analytics

Workday

We’re living at a time when we’re awash in data, but short on ways to quickly turn that data into information we can act on with confidence. Much like the sailor in the classic Samuel Taylor Coleridge poem who laments, “Water, water, everywhere, nor any drop to drink,” the problem isn’t the quantity of data. We’re extending this visibility with two new products, Workday Benchmarking and Workday Prism Analytics.

Compensation Dictionary

what, the metrics the employee is measured against, and so forth. 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.

How to Improve Culture Using Real-Time Data

Reflektive

Here, we provide a how-to guide for defining, collecting and responding to real-time data to continuously iterate on and improve employee engagement in a scalable way. Leveraging Real-Time Data. Defining Methodology and Benchmarks. Step 1: Define a Baseline Metric.

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Benchmark Myopia and the Need for Business Drivers

SMD

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.

People Analytics in SMBs: Small Data, Huge Impact

Littal Shemer

People Analytics in SMBs: Small Data, Huge Impact. Taking the first steps on the journey to data-driven HR is always difficult. The barriers may include a variety of issues, including data integrity , knowledge gaps , and an excessive amount of HR-Tech solutions.

Survey Says…

HRO Today

Culling data from employee engagement surveys can drive strategic business decisions. One problem holding companies back is the ineffective collection and use of engagement data. Finding the Right Metrics.

This Entrepreneur Uses Data and Location-Based Technology to Improve Hospital Health

Visier

In this profile series, we sit down with interesting people and ask them to share the various ways their data-driven approach has served them in their life and career. Convenience is cool, but data is where the rubber meets the road.”.

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What’s Your Most Useful Metric? More Results of Our HR Metrics Survey

HR Daily Advisor

In yesterday’s Advisor , we shared some of the results of our nationwide survey on HR metrics. 604 individuals participated in the HR Daily Advisor ’s HR Metrics Survey, conducted in April 2015. Compensation-Related Metrics. Benefits and Metrics.

Are Annual Employee Surveys Dead?

Globoforce

This type of quick response data capture is transforming customer satisfaction surveys in a very real and exciting way—and I think it also has profound implications for us in HR. Is this the future of employee engagement data? Like social data they are entirely opt-in.

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6 Key Talent Acquisition Cost Reduction Metrics

Cielo HR Leader

There are six talent acquisition metrics that all organizations must track to identify where costs can be reduced and where improvements can be made to protect revenue, improve efficiency and increase quality of hire.

The Art, Science and Impact of Implementing Data-Driven HR in 2017

Cornerstone On Demand

[This article reprinted by permission of Human Resource Executive ®] Data has been the driving force behind innovation in finance, sales and marketing for years, while human resources has struggled to keep up. Figuring out how to successfully implement data-driven HR is a business challenge every company wanting to maintain or gain a competitive advantage will face in 2017. HR professionals need be able to communicate effectively through data.

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What Recruiters Can Learn From Marrying Pre- and Post-Applicant Data

Cornerstone On Demand

In a 2016 survey from The Work Place Group, 96 percent of respondents said source of hire is an important metric for making recruiting strategy decisions. Here's the issue: 60 percent of those people also rated the metric as less than 90 percent accurate. (If If I presented my annual strategy and budget based on metrics I had less than 90 percent confidence in, my boss would point to the door.)

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Are Your HR Metrics Outdated? Try These Four

Namely

When it comes to getting a full, clear view of a modern workplace and the people in it, standard HR metrics—productivity, costs, and turnover—just don’t cut it anymore. Better metrics make managers react proactively—rather than reactively—to changes in workplace culture and employee engagement. That’s not to say that tracking standard metrics is no longer necessary. That’s where the following metrics come into play. Metric 1. Metric 2. Metric 3.

Would You Believe Spending $10,221 Per FTE On HR?

TLNT: The Business of HR

SHRM Released its Human Capital Benchmark Report recently and it’s loaded with a ton of metrics to compare your HR and TA operations against. The survey data comes from over 2,000 HR leaders and pros, and it’s pretty recent, being collected earlier this year.

Why Data Should Matter To The Everyday HR Leader

nettime solutions

With all of the talk about the types of HR data and which measurements should be reviewed and analyzed, it’s difficult to determine which key metrics are the most pertinent to you and your business. Work smarter, not harder.

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Workday Unveils Data-as-a-Service Based on Customer Demand

Workday

During today’s Workday Rising Executive Keynote, Workday leaders unveiled plans to deliver Data-as-a-Service (DaaS). With DaaS, customers will have the option to contribute their Workday data, which we will anonymize and aggregate. Then, the anonymized, aggregated data will be provided back to customers as useful metrics and trends representative of our collective customer community. How will customers participate in the benchmarking service?

3 HR Talent Metrics You Should Start Tracking Today

Namely

The talent lifecycle is rich with data that often goes untapped. But you can use this data to identify and hire top talent, create a more objective method for evaluating candidates, and invest HR resources into the right talent sources. Rather than relying on instinct or intuition, data can help inform better hiring practices and allow you to track how that hire has panned out over time. So how do you use your data to start making strategic talent decisions?

Using Employee Feedback Data to Train the Next Generation of Management

HighGround

Function area leaders in HR and recruiting are subsequently looking to analyze employee feedback data to identify and act on trends in training and retention. What is Employee Feedback Data? Key Metrics.

Introducing Insights: User-Friendly Reporting & Analytics To Unlock Your Hiring Metrics

Hireology

Hireology is excited to announce its latest feature: Insights – easy-to-understand reporting that provides clear visibility into hiring metrics, highlighting points of strength and weakness in the hiring process.

Remote Workforce NPS: The Most Important Metric You’re Missing

ConnecTeam

There are so many different metrics and acronyms, you’re forgiven if you don’t recognize this one. NPS may be the one metric you’ve never heard of that meets the speed and flexibility of the modern workforce. eNPS allows you to easily benchmark engagement across different segments, over time, and relative to competitors. The post Remote Workforce NPS: The Most Important Metric You’re Missing appeared first on Connecteam.

Build vs. Rent: Don’t Crash on the Do-It-Yourself Iceberg for People Analytics

Visier

While the same talent challenges are spurring companies to become more data-driven in workforce decision making, the approaches they are taking fall mainly into two different camps: build or rent. Data warehouse software licenses. Data integration tools licenses.

Jobvite Publishes New & Needed Source of Hire Data (#RNL17)

The HR Capitalist

Unrelated to the show - I actually got an email on the way to #RNL17 - Jobvite recently published what they call the 2017 Recruiting Funnel Benchmark Report. One of many things in the report mentioned above is Source of Hire data.

Seven Steps to Meaningful Diversity and Inclusion Metrics

i4cp

In the world of business, metrics hold a special place—and rightfully so. A lot of D&I practitioners may gleefully note that there is no lack of metrics in the diversity and inclusion space—but which will move the needle on performance? Recently, i4cp assembled a collection of some of the top D&I metrics used by high-performance organizations—those considered leaders in profitability, revenue, market share, and customer satisfaction over a five-year period.