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. In this first wave of benchmarking, HR was provided with static comparison data that was typically 24 months old. Enter HR Benchmarking 2.0: The demands of a volatile business world will lead to the rise of what I call 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. In this first wave of benchmarking, HR was provided with static comparison data that was typically 24 months old. Enter HR Benchmarking 2.0: The demands of a volatile business world will lead to the rise of what I call HR benchmarking 2.0. The post Why Benchmarking 2.0

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A Brief Introduction to the Analytics Capabilities on the Immedis Platform

Immedis

A fundamental component in ensuring we give customers the data required for such outcomes is the reporting and analytics capabilities of the Immedis Platform. Some Immedis Platform reporting FAQ’s. Global Payroll Platform Gender pay reporting Immedis Platform Variance reporting

The Ethical Benchmarking of HR analytics

Analytics in HR

In this article, we discuss the state of the art of ethical benchmarking of algorithms and provide advice for practitioners in the field. The answer to the question of how we can assess the ethicality of HR analytics lie in benchmarks.

Global Payroll Q & A with George Delaney, CFO Immedis

Immedis

Today we are chatting with George Delaney, Immedis’ CFO. In line with this, I am studying market costs salary benchmarks, benefits packages, churn rates, and so forth. I think Immedis is really close to this, and having payroll integrated with your HCM is paving the way.

Erin Tarr Of Be the Benchmark: “Consistent content is more important than perfect content”

Thrive Global

Erin Tarr is the founder of Be the Benchmark LLC, with over 20 years of experience as a Confidence Coach for teen and tween girls. my immediate instinct when learning anything is, “How can I make this developmentally appropriate for my daughters and their generation?”

Want To Become A Multi-Millionaire? Do These 20 Things Immediately.

Thrive Global

But if you don’t put that learning into immediate practice, it becomes shallow information. That should be your benchmark. I’ve created a cheat sheet for putting yourself into a PEAK-STATE, immediately. Do These 20 Things Immediately. Elon Musk “The greatest reward in becoming a millionaire is not the amount of money that you earn. It is the kind of person that you have to become to become a millionaire.”?—?Jim

Are You Tracking Gobal Payroll Metrics?

Immedis

Conducting regular and consistent benchmarking is made even more challenging when you include in-country providers who do not have established technology, despite being proficient in processing payrolls for their country. appeared first on Immedis.

The Power of One: The Potential of a Single Global Payroll Solution

Immedus

Source: Deloitte Global Payroll Benchmarking Survey 2020. Download the Immedis Platform Brochure to learn more about our in-built reporting capabilities. . Employees can enter their banking details directly in the Immedis global payroll platform.

Engagement Surveys: There is a Middle Path

Kazoo

” And weeks later when you finally receive your survey results, you’re getting up-sold by your survey company with promises of more data, competitive benchmarks and consulting services. This year you’re delivering a company-wide survey, getting the results quickly and taking immediate action. Well, now you’re not sure, because you no longer have benchmarking data against which to compare the current data. Best Practices benchmarking employee survey polling pulse surve

Survey 107

How Workday is Doubling Down on Data and Analytics

Workday

We’re extending this visibility with two new products, Workday Benchmarking and Workday Prism Analytics. Workday Benchmarking, our first Data-as-a-Service (DaaS) offering, is now generally available. Workday Benchmarking can give you much-needed context by helping you understand your business’s strengths and weaknesses in relation to similar organizations. And, benchmarking results are surfaced in the Workday applications and dashboards that business users look at every day.

What Does the Era of Global Remote Work Mean for Payroll?

Immedis

Take the Facebook approach and re-benchmark the employees’ compensation to align with the payments in the new location. Location-based salary benchmarking is only one of many topics companies are beginning to explore. appeared first on Immedis.

Minimum Wage Increases in 2021 for New Zealand, South Korea and Cambodia

Immedis

All employers and employees should note the minimum wage changes, as it sets a new relative benchmark for pay negotiations. The post Minimum Wage Increases in 2021 for New Zealand, South Korea and Cambodia appeared first on Immedis. New Zealand.

Minimum Wage Increases in 2021 for New Zealand, South Korea and Cambodia

Immedis

All employers and employees should note the minimum wage changes, as it sets a new relative benchmark for pay negotiations. The post Minimum Wage Increases in 2021 for New Zealand, South Korea and Cambodia appeared first on Immedis. New Zealand.

Why Your Staffing Firm Needs to Implement These 4 Phases of Onboarding

Essium HRM

This protects you and the candidate because the rules are made known immediately. Clarify what their responsibilities are, go over performance goals, and detail what the benchmarks for success are. You want them to feel like they have an immediate connection with your organization.

What to Look for When Selecting a New Global Payroll Provider

Immedis

It’s a view echoed in Deloittes’s 2019 payroll benchmarking survey as respondents confirmed the growing importance of global payroll operations. The post What to Look for When Selecting a New Global Payroll Provider appeared first on Immedis.

Benefits of Conducting Human Resources Assessment and Audit

PCS

Assessments helps in determining priorities like problems that require immediate solutions. This practice looks at the status of an HR department compared with industry benchmarks and best practices. Human Resources Assessment.

Compensation Packages That Drive Executive Performance

Professional Alternatives

A lot of people simply assess the data out there on executive pay then benchmark their structure against that of an industry peer and this can be counterproductive when it gets to compensation packages.

Replacement Planning: 3 Steps to Develop Your Organization’s Strategy

HR Bartender

Using that as your benchmark, which positions must be filled in less time? This exercise will possibly surface some jobs that need immediate attention—meaning there is no replacement available. (Editor’s Note: This article is an excerpt from my new book, “ The Recruiter’s Handbook: A Complete Guide for Sourcing, Selecting, and Engaging the Best Talent “ (SHRM, 2018) SHRM members can order a discounted copy at the SHRMStore. Enjoy!).

Recruiting for Healthcare Workers? How Recruitment Software Can Help to Fill Your Rosters Faster

Manatal

Shortage of talent, high turnover rates, and long time-to-fill issues are some of the pressing challenges for medical recruiters, and while the macro factors are hard to fix, recruitment technologies and resume data software can make an immediate difference.

What Is the Average Number of Sick Days in the U.S.?

Zenefits

While the BLS’ analysis is a reliable benchmark, it would be a mistake to solely rely on it. The FMLA covers eligible employees and their immediate family members. The vast majority of employers in the United States offer paid time off, including sick leave.

Introducing the Covid Culture Check On-Demand Survey

EngagementMultiplier

The Culture Check survey will provide immediate feedback leaders can use to identify the extent to which their company culture is threatened, and if so, the nature of the challenges present within their organisations,” Wissenbach notes.

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

Workday

There will be several components to this offering over time, but we’ll start by delivering best practice benchmarking that lets customers uncover insights around organizational performance with peer comparisons. How will customers participate in the benchmarking service? Customers aren’t satisfied with the current options they have for benchmark data. They also aren’t satisfied with the current options they have for benchmark data. Workforce Management Benchmarks.

4 Free Scorecards to Improve Your Corporate Wellness Program

Cornerstone On Demand

A good start is assessing your wellness program against evidence-based benchmarks, using one (or several) of the wellness program scorecards created by reputable health and wellness organizations, like the AHA. It takes under 30 minutes to complete and explores WELCOA's “ 7 Benchmarks of Workplace Health " with more than 100 questions. You'll be provided with an immediate executive summary upon completion, and a 39-page detailed report will be emailed to you within 48 hours.

How to Be Agile Through a Volatile Reopening

Visier - Talent Acquisition

According to Gallup, just 20 percent of Americans would return to normal activities immediately. It will be imperative to have a people analytics capability that can support advanced planning and handle immediate priorities.

Making Progress on Diversity and Inclusion Means Getting the Data Right

HR Digest

PwC’s Diversity and Inclusion Benchmarking study found that only 5% of companies have mature D&I programs that involve a continuous data-driven process or a multi-year D&I roadmap built on insights.

When culture just clicks — how PointClickCare got culture right with Achievers

Achievers

This initiative had a truly amazing — and immediate — impact. Following the implementation of their Achievers program, PointClickCare employee engagement scores registered at 89% — a score that beats the best-in-class benchmark of 86%. PointClickCare is no stranger to innovation.

May 13, 2022

DecisionWise

Pro Tip: Now, instead of taking immediate action within these two groups (top and bottom) use your analysis instead to solve this question: Using what I have learned how can I help my middle groups? Tidbits. If only employees didn’t expect so much, right? But they do.

9 Advantages of a Certified 360-degree Feedback Coach

DecisionWise

Except for one’s immediate supervisor, feedback data is aggregated and presented as coming from a rater group, such as “direct reports” or “peers” to maintain confidentiality and foster candid feedback. Compare Benchmarks.

May 13, 2022

DecisionWise

Pro Tip: Now, instead of taking immediate action within these two groups (top and bottom) use your analysis instead to solve this question: Using what I have learned how can I help my middle groups? Tidbits. If only employees didn’t expect so much, right? But they do.

How to Respond to Employee Engagement Survey Results

Achievers

Which require immediate action, and which are less pressing? They provide visual cues to highlight information, like where a score sits in comparison to relevant benchmarks. Benchmarks. Responding directly to your employees’ feedback is a key driver of engagement.

Survey 171

What Can You Learn From an Employee Engagement Survey During Covid?

EngagementMultiplier

You’ll be establishing a benchmark from which you can build. . In a period of such rapid change, fear and uncertainty, there are a multitude of insights leaders can gain from an employee engagement survey that will help them improve business performance – immediately.

Talking Candidly About Workforce Planning for HR Executives

Cisive

We’re not just rubber stamping resumes and filling requisitions; we’re looking to the future and how we can create a talent pipeline for both immediate needs and what our company will need in the next several years. Additionally, forecasting and benchmarking important strategic metrics like time-to-fill allows you to build your recruitment marketing strategies, which gives you time to plan creative and innovative campaigns that results in a robust talent pipeline and hiring funnel.

What Can You Learn From an Employee Engagement Survey During Covid?

EngagementMultiplier

You’ll be establishing a benchmark from which you can build. . In a period of such rapid change, fear and uncertainty, there are a multitude of insights leaders can gain from an employee engagement survey that will help them improve business performance – immediately.

15 HR Analytics Case Studies with Business Impact

Analytics in HR

The analytics team also identified flight risk triggers: when someone moved further away from the office, this would increase immediate flight risk. Absenteeism in this German 43,000 + people energy company has risen above benchmark. the UK retail business has systematically out-performed internal targets and external benchmarks, year on year. It is time that HR analytics starts to show the value it delivers to the business.

3 Ways to Measure Training ROI + Useful Tips

Analytics in HR

Identify barriers to training and address them immediately. Determine benchmarks – You will be comparing your data to pre-training data. You need to establish benchmarks for the pre-training state to be able to make comparisons and show the ROI.

The myriad use cases for a technology-enabled employee recognition platform

Achievers

AI-based engines allow HR managers and program administrators to align employees with the organization’s values and objectives through KPIs and benchmarks.

Is Continuous Performance Management Here to Stay? Absolutely.

Cornerstone On Demand

Technology enables us to give and receive immediate feedback all the time. If you, like I, have ever been on the receiving end of feedback during an annual review about a growth opportunity that happened nine months ago, you can appreciate the value in capturing periodic benchmarks. About five years ago, I worked with a client who bristled at the idea of typical annual performance reviews. What they wanted to implement was a “conversation-based” performance review process.

Employee Survey Management and Design: A Complete Guide

Achievers

This automated tool can follow up with employees using friendly, simple questions to explore issues uncovered by the survey immediately. Tracking your progress against benchmarks over time in your platform lets you easily measure progress towards your goals as well.

Survey 151

Employee Survey Basics: Using On-Demand Surveys

EngagementMultiplier

We have also advised clients to utilize an On-Demand survey when their Benchmark Assessment data reveals a rising issue or a hotspot that needs to be addressed.