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HR Metrics for 2023: The Definitive Guide

Primalogik

HR metrics help organisations measure performance data and make sense of it. Through the right metrics, HR managers and leaders can learn how to better support employees and strengthen results. To observe trends, HR should measure the same metrics over time. But first, let’s take a broad look at what makes metrics so crucial.

Metrics 96
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Build vs. Rent: Don’t Crash on the Do-It-Yourself Iceberg for People Analytics

Visier

To achieve this, the company hired an HR business intelligence team, standardized their reporting metrics, and invested over $3 million in a data warehouse and business intelligence (BI) software. Analysts to determine metric definitions and create reports. Analysts to determine metric definitions and create reports.

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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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How To Set Meaningful DEI Metrics?

Engagedly

Creating a diverse, equitable, and inclusive workplace has become a top priority for organizations worldwide. Numerous studies have shown that investing in diversity, equity, and inclusion (DEI) can lead to improved financial performance, innovation, and employee engagement. What are DEI metrics?

Metrics 40
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The HR metrics that matter most in 2023

Business Management Daily

With that in mind, how do you know which KPIs and HR metrics to track at your organization? After all, there are tons of HR metrics that you can track by analyzing employee data, including turnover rate, absenteeism , employee turnover, retention rate, and many others. Why are HR metrics important?

Metrics 111
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How To Set Meaningful DEI Metrics?

Engagedly

Creating a diverse, equitable, and inclusive workplace has become a top priority for organizations worldwide. Numerous studies have shown that investing in diversity, equity, and inclusion (DEI) can lead to improved financial performance, innovation, and employee engagement. What are DEI metrics?

Metrics 40
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Build vs. Rent: Don’t Crash on the Do-It-Yourself Iceberg for Workforce Intelligence

Visier

To achieve this, the company hired an HR business intelligence team, standardized their reporting metrics, and invested over $3 million in a data warehouse and business intelligence (BI) software. Analysts to determine metric definitions and create reports. Analysts to determine metric definitions and create reports.