The Journey towards an Agile HR Function

Digital HR Tech

When it comes to an agile HR function, the question is: Can HR implement an agile approach to become a customer-centered function that delivers value through agile solutions? Agility is a strategic approach to bring innovation, break functional silos and empower multidisciplinary teams to be self-managed with a customer-centric focus while accelerating profitable growth in the process. HR can use this approach to design and reinvent practices.

Benchmark Myopia and the Need for Business Drivers

SMD HR

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.

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How does your organization stack up?

HR Times

HR leaders often wonder how their organization stacks up against competitors as well as other organizations of similar size and type. Such benchmarks are critical inputs in strategic planning and spending decisions. Bersin is in the process of collecting data for the 2019 Global Human Capital Benchmark Survey, and we hope you will help! Bersin is collecting hundreds of data points in six categories: HR. Posted by Beth Ann Finis and Melissa Cavanaugh on July 19, 2019.

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What is performance management? | HR blog

myhrtoolkit

Performance management is an important HR function within a business or organisation employing staff. This often involves rewarding good performance and providing support and/or disciplinary action where an employee is under performing in relation to agreed-upon benchmarks.

How does your organization stack up?

Bersin

HR leaders often wonder how their organization stacks up against competitors as well as other organizations of similar size and type. Such benchmarks are critical inputs in strategic planning and spending decisions. Bersin is in the process of collecting data for the 2019 Global Human Capital Benchmark Survey, and we hope you will help! Bersin is collecting hundreds of data points in six categories: HR. Posted by Beth Ann Finis and Melissa Cavanaugh on July 19, 2019.

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The Optimal HR to Employee Ratio

Analytics in HR

The HR to employee ratio is a useful tool for assessing the optimum capacity of HR in an organization. In this article, we will look at what the HR to employee ratio is, list factors that will influence this ratio, and give a benchmark of the HR to staff ratio.

Hiring Mistakes: Are your recruiters At-Fault?

Skillate

However, the truth in my experience goes much deeper than a single function’s fault. This should also clear the picture of how hiring as a process is a team game and not just one function’s job.

5 things CHROs must do in their first 100 days

HRExecutive

It’s the time to prepare the workforce for the future , establish people and HR strategies, gain the confidence of the CEO and HR leadership teams, and secure an in-depth understanding of the organization. It is critical for CHROs to spend their first 100 days focusing on the development of connected strategies for both the organization’s workforce and the HR function. AI to customize compensation or improve pay benchmarking (38%).

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Impress Your CEO With These Strategic Business Impact Recruiting Metrics

Visier

This overall HR metric demonstrates the increasing revenue value that your workforce is creating as a result of good HR and recruiting. The Benchmark Firm to Follow Is Google. Many Talent Acquisition leaders look for benchmark firms that can serve as a model that they can follow. And rather than considering HR to be too soft or difficult to measure, he states “We apply the same level of rigor, analysis and experimentation on people… as we do the tech side.”.

HR Analytics – The “GPS” of True HR Transformation

Visier

Since the mid-1990s, the phrase, “HR transformation,” has been a part of HR’s common vernacular. In fact, it is so often-used some regard it as almost a form of HR “smart talk” – something that many talk about, but few really understand how to do. Given the frequency of use of both, it is critical to understand what HR transformation really is and the role workforce analytics plays in effective HR transformation. What is HR Transformation?

How to Grow Your HR Analytics Budget

Mcbassi & Company

If you’re like many HR professionals, you share two characteristics: You know you should be making more progress on HR analytics. And yet, some organizations – admittedly a minority – report that they have sufficient HR analytics budgets. So we set out to determine what distinguishes those HR functions that report having an ample budget for analytics. The post How to Grow Your HR Analytics Budget appeared first on MCBASSI & COMPANY.

The Future of Human Capital Management

EmployeeConnect

HR managers face great challenges such as managing attrition, encouraging retention and meeting ever-increasing demands from employees, customers and executives who want greater efficiency and HR input on achieving business objectives through hiring strategies and people management practices. HR departments often find their duties expanded to deal with empowered customers, key business suppliers, business associates and customers. Developing Performance Benchmarks.

New HR Titles for 2021: The Rise of People Operations Leaders

Zenefits

Shifts in corporate culture, employee needs and wants, and an evolving market landscape require the function to adapt quickly to the times. Recently we’ve seen a shift from HR Manager to creative titles, like Chief Happiness Officer, Head of Talent, and more.

5 Key Takeaways From the 2021 CUNA HR & Organizational Development Council Virtual Conference

Fond

Last week, Fond was honored to sponsor the 2021 CUNA HR & Organizational Development Council Virtual Conference. The conference featured a series of speaker sessions, networking events, and roundtables packed full of insights from senior HR leaders across the credit union industry.

The Pandemic has been hard on HR pros!

The Tim Sackett Project

If we dig into the data side of what has really happened over the last six months, the picture looks less bleak for some, and a little scary for many, especially us HR pros. One big thing that popped out at me instantly was the job function that had the greatest change in the rate of applies.

11 Actions to Consider from the SEC’s Mandate on Human Capital Disclosure (i4cp login required)

i4cp

This is a good time to consider benchmarking the people data that is elevated against that of other organizations (e.g., What is clear is that it’s a multi-disciplinary responsibility, and the HR function will be more involved in the reporting process.

How ‘smart automation’ can boost HR to world-class levels

HRExecutive

A “smart-automation” approach can give a typical HR organization a measurable lift when it comes to improving customer experience and efficiency, according to new research from the Hackett Group. The Hackett Group’s new Digital World Class analysis found that those typical HR organizations can reduce costs by 17% and operate with 26% fewer staff hours—while also improving effectiveness and internal customer experience. RELATED: 8 skills HR business partners need for success.

What Is an eNPS Score?

Namely - Talent

In HR’s case, employees are considered the customers. It’s no secret that high turnover and low productivity can be costly, and it often falls on HR to address these problems. Use industry benchmarks to help you understand where you fall. Along with these initiatives, it’s also crucial to benchmark your score and track improvements or decreases over time. Download our complete guide to HR metrics to help guide your initiatives and make a lasting impact.

Find Merck KGaA Found the Ideal Span of Control Using People Analytics

Visier - Talent Acquisition

There have been many studies on the ideal span of control, most of the time stating that the global benchmark is 8-10 reports per manager. However, through our people analytics insights, we learned that our sales teams perform higher having a smaller team size than the global benchmark. Once we knew what the ideal span of control was for this function, we had several discussions with our leaders on the right solutions to implement based on this insight.

7 Steps to Completing an Effective and Strategic HR Assessment

HR Topics

An HR Assessment is no different, and with our compliance obligations, even more critical. A review of your HR function should proceed in an objective and linear fashion. Outlined below you will find seven steps in completing an effective assessment of your HR function. Consider if your focus should be one functional area of HR, or the full life cycle of employment. Download our assessment tool here: HR Assessment 2019. Why Assess?

12 Ways to Get Fired as CHRO

HRExecutive

Underneath all the turbulence, HR is undergoing a metamorphosis. More than ever, the HR function requires clear, value-oriented leadership. One of the best ways to get a handle on what HR is becoming is to attend the annual HR Technology Conference this October in Las Vegas.). In HR, this limits projects to things that reduce costs and improve efficiency. HR’s data are important organizational assets that must be tended properly.

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

Visier

The race to adopt people analytics is heating up: according to the Bersin by Deloitte HR Technology Disruptions for 2018 report , “people analytics is now a must-have discipline within HR and business.”. But, as more and more HR organizations grow their analytics function, I’ve noticed that not all journeys are the same. The goal was to better enable HR and business leaders to make talent decisions that would have an impact on the business.

7 Steps to Completing an Effective and Strategic HR Assessment

HR Daily Advisor

HR is no different, and with its compliance obligations, evaluation is even more critical. The terms “assessment” and “audit” are often used interchangeably in HR, and HR projects include a full scope of both. Kleiman writes that your HR audit should proceed in an objective and linear fashion. Here are her seven steps to completing an effective assessment of your HR function.

Sumser: Health and safety are at the heart of business continuity

HRExecutive

Business continuity—at its simplest, staying in business—is the primary concern of HR executives these days. Even though we are dealing with an extreme form of the problem right now, it is always a driving concern of a well-managed HR function.

The Gift That Keeps On Giving: Keeping Employees Engaged Over the Holidays—And After

Achievers

When you involve your employees in setting benchmarks for achievable goals, especially as the year winds down, you’ll find they continue delivering the caliber of performance you appreciate the rest of the year. Cheryl brings more than 15 years experience in Human Resources; prior to Achievers, she held an HR Leader position at Eloqua. By Cheryl Kerrigan, VP Employee Success, Achievers. Keeping employee morale and productivity up during the holiday season isn’t easy.

7 Steps to Completing an Effective and Strategic HR Assessment

HR Daily Advisor

Evaluation allows you to identify weaknesses and confirm that your HR function is in compliance with relevant laws and policies. Your HR audit should proceed in an objective and linear fashion. Outlined below you will find seven steps in completing an effective assessment of your HR function. Consider if your focus should be one functional area of HR, or the full lifecycle of employment. Strategic HR HR assessmentBy Lori Kleiman.

Why Integrated Workforce Planning Is Vital for Business Agility

Workday

This is true especially now that the role of human resources (HR) is experiencing a transformation. This term also describes a shift in HR’s perspective, widening its focus on employees and the organization to workforce planning and even the nature of work itself.

5 Benefits Of Cloud-Based Solutions For The HR Industry

Get Hppy

The HR department handles several key functions such as recruiting, onboarding, performance management and employee data management. One common characteristic of different HR functions is that they are heavy on data processing. Until the arrival of cloud-based solutions such as PeopleSoft, managers were used to handle key HR processes such as employee data management and performance management offline or on an internal platform.

What Does Artificial Intelligence Mean for HR?

EmployeeConnect

Machines driven by artificial intelligence offer benefits for every type of industry, and HR departments benefit especially from AI and its even-tempered analysis, freedom of cultural prejudice and ability to collate vast bodies of data from disparate sources. The future is now, and whether the prospect of AI in HR seems utopian or dystopian to you, it’s a reality that must be faced. AI algorithms are step-by-step instructions that guide AI functions. Risks of AI in HR.

Impress Your CEO With These Strategic Business Impact Recruiting Metrics

Visier

This overall HR metric demonstrates the increasing revenue value that your workforce is creating as a result of good HR and recruiting. Recommended Read: It’s About More Than HR: Analytics Learnings from Tom Davenport and Dr. John Sullivan. The Benchmark Firm to Follow Is Google. Many Talent Acquisition leaders look for benchmark firms that can serve as a model that they can follow. In my companion article entitled “ Influence Your CEO With WOW And OW!

#HotInHR: French “legally” ignore after work emails; Early 401(k) advocates have regrets

Advos

Sign-Up For Our Weekly Recap Of HR Funding News. Every Monday we send a summary of the previous week’s funding announcements, mergers, acquisitions, and partnership news from the HR technology, recruitment, talent management and employee benefits space. Early 401(k) advocates have regrets; Finland: Big Workforce Experiment, 10 HR Trends For 2017). Learn how HRmarketer software can help your HR and recruiting brand do a better job at content marketing.

7 Steps to Completing an Effective and Strategic HR Assessment

HR Daily Advisor

HR is no different, and with its compliance obligations, evaluation is even more critical. The terms “assessment” and “audit” are often used interchangeably in HR, and HR projects include a full scope of both. Kleiman writes that your HR audit should proceed in an objective and linear fashion. Here are her seven steps to completing an effective assessment of your HR function. Hiring & Recruiting BLR HR Lori Kleiman SPHR

HR Leaders Guide to Digitalisation Transformation

EmployeeConnect

The question is what does digital transformation mean for organisations in general and HR leaders in particular? HR leaders play a dual role. Acting as leaders within the HR function, they need to walk their talk and portray the true picture of digital transformation within their own team. This article serves as a roadmap to guide HR leaders through digital transformation within their own organisation. HR Transformation

Strategies for Getting the Most Out of Your Payroll Data

Visier - Talent Acquisition

Enrique Sala , Senior Strategic HR Consultant at Meta4, a Cegid company, has extensive experience using data to drive strategic decisions in human resources at companies of all sizes. On the HR side, a healthy organization is one that is productive and happy.

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

Visier

At first glance, senior HR executives might take that top ranking as a positive thing. As a result of being the top challenge for such a long period of time, it is clear that CEOs and board members fully understand the value of Human Capital, but they have also learned to expect a higher rate of strategic change than most HR functions have been able to deliver. HR Can’t Become A High Business Impact Function Unless It Adds Analytic Capabilities.

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The Skills Lifecycle Part 1: Alignment and the New HR

Degreed

The public policy adopts at a pace ¼ the rate of technological change, making it so business functions have a harder time evolving. This forward-looking framework can help turn your HR teams into skill-building, perpetual-motion machines that can overcome the change curve. The Skills Lifecycle is made of four steps: Align Benchmark Curate Develop. HR Alignment is the New Black. But when we asked HR practitioners the same questions, we got different answers.

Human Resources Needs a Common Language for Managing Business Data

Oracle HCM - Modern HR in the Cloud

True, everyone in HR shares some common metrics, such as head count and time-to-fill. But HR is not even close to having anything like the working standards established by the Financial Accounting Standards Board (FASB) or the International Financial Reporting Standards (IFRS). HR Big Data With modern HR systems now producing, collecting, and storing reams of data, a next logical step is to make sense of it all to enable intelligent business decisions.