19 Recruiting Metrics You Should Know About

Analytics in HR

Recruiting metrics are an essential part of a data-driven hiring and recruitment analytics. However, if you would keep track of every recruiting metric you could find on the web, you’d have no time left to do actual recruiting! What are recruiting metrics? HR Metrics

Industry Verticals, Organizational Cultures, and Benchmarking

ClaimVantage

On the other hand, it’s not unfair to say that Manufacturing or Transportation organizations are more likely to be matter-of-fact in their employee communication styles as well as in their employment policies in general.

HSD Metrics® Expands ExitRight® Staff With Hiring of Tina Califano

HSD Metrics

Covington, KY / July 1, 2019 – HSD Metrics ® , a human resources technology company with over 220 national and international clients, welcomes experienced professional, Tina Califano, to its high-energy team of consultants, analysts and researchers. News HSD Metrics Welcome Shaun Worcester

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.

Compensation Dictionary

what, the metrics the employee is measured against, and so forth. Often misunderstood, but a very critical part of evaluating compensation, is the benchmark job. benchmark job is what you use to compare pay at your organization with pay in the market.

Creating Benchmarks throughout Your Program

Viverae

Evaluating Your Wellness Program to Optimize Benchmark Success. In recent years, value on investment (VOI) has been trending as the measurement of success for a wellness program. It’s no wonder, as wellness companies continue to fervently promote the next best thing in wellness.

The Reason Companies Should Calculate Cost Per Hire

HR Bartender

Personally, I’m a big fan of the cost per hire metric. Internal recruiting costs include salary and benefits for everyone involved in the recruiting process as well as recruiting software, etc. Now, I get it…there’s lots of talk about quality of hire being the best recruiting metric.

Survey: Wellness Programs Linked To Employee Retention, Even For Non-Participants

Wellable

Employee retention is often cited as one of the top value-on-investment (VOI) metrics that companies use to measure the contributions of their employee wellness program. Corporate Wellness

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.

You Hate BMI: Scientists Now Have Another Fat Metric You Can Hate Instead.

The HR Capitalist

Invented in the early 1800s by a Belgian statistician, the measurement is used as a definitive benchmark: those with a score below 18.5 Well, you wanted something different - and now you got it. Benefits Wellness Workplace

Two Talent Metrics HR Should Know (and Why It’s Important)

ApplicantPro

As the lines between marketing and HR continue to blur, talent metrics begin to creep to the forefront of employment success. Having a well-developed employer brand plays just as crucial of a role at your organization as your company brand.

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.

3 HR Talent Metrics You Should Start Tracking Today

Namely

Here are three metrics you can start tracking today: Quality of Hire Acquiring top talent is no simple task. The Quality of Hire metric is a quick index on a new hire’s adjustment, acclimation, and performance since joining the company. To define this metric you’ll need to establish success criteria—this could be how well a new hire fits with your culture, performs, or exhibits the required competencies, for example. The field of human resources is changing.

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. Regulations are still catching up to determine benefits and protections, as well as safety and taxation, for remote and contingent workers.

Seven Steps to Meaningful Diversity and Inclusion Metrics

i4cp

In the world of business, metrics hold a special place—and rightfully so. The legendary Peter Drucker is well cited for pointed out, "you can't manage what you can't measure." 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? The metrics and models to apply them in various situations filled eight pages.

Are Annual Employee Surveys Dead?

Globoforce

Like kiosks, pulse surveys are a low-friction way of establishing a quantitative benchmark for key HR metrics, with a minimum of effort. Whether it is a kiosk or a simple, short web or email-based survey, they can be a powerful and targeted tool for measurement and metrics.

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20+ Wellness Tips for the Workplace That Rejuvenate Employees and Boost Productivity

SnackNation

20+ Wellness Tips for the Workplace That Rejuvenate Employees and Boost Productivity. That’s why wellness tips for the workplace are so important. Focusing on wellness could be the antidote to workplace stress. Wellness Tips for the Workplace. Wellness comes in many forms.

Keeping Work Travel Balanced for Employees to Prevent Turnover

HSD Metrics

Not only that, but other health problems may arise, as well, such as symptomless deep-vein thrombosis, which can lead to fatal blood clots. The post Keeping Work Travel Balanced for Employees to Prevent Turnover appeared first on HSD Metrics.

Survey Says…

HRO Today

But to find the patterns and links between engagement and productivity, well-being, management, and all the other factors that drive business success, organizations need to ensure that they are gathering the right information. Finding the Right Metrics.

Supporting Workday Customers on Their Diversity Journeys

Workday

Benchmarking. With Workday Benchmarking , delivered via the Workday Data-as-a-Service (DaaS) offering, customers can gain a better understanding of their company’s relative performance in comparison to peer organizations. With these benchmarking insights, business leaders can make more informed decisions on what actions to take to achieve optimal performance. Human Resources diversity and inclusion pay equity Workday Benchmarking Workday Human Capital Management

5 Human Resource Management Goals for Your Small Business

OmegaHR Solutions

One competitive advantage your small business has over larger, well-established corporations is the ability to move fast. Define Measurable Benchmarks for HR Success. Metrics are undoubtedly where HR software shines. Small businesses can use HR technology to be more effective.

Employee Evaluation for Legal Professionals

AssessTEAM Performance Management

The good thing is that law firms can utilize several performance metrics and benchmark data for in-house legal professionals to measure the quality of legal services offered, law department performance, and monitor the success of the strategic initiatives. Customer survey metrics.

Bridging the Generational Gap between Employees

HSD Metrics

Having several generations working together is extremely common, especially as more individuals find themselves having to work well beyond the typical retirement age. It will be time well-spent. The post Bridging the Generational Gap between Employees appeared first on HSD Metrics.

5 Things to Consider When Building Employee Surveys

Achievers

You’ll be aware of what your workforce is unhappy about as well as what they value most when it comes to working for your company. Furthermore, with increasing emphasis on pulse surveys , companies have greater access to real-time metrics pertaining to employee engagement.

Cliché Your Way to Talent Acquisition Success

Outmatch

So, what’s holding people back from moving ahead with talent metrics? The 2014 Global Assessment Trends Report from The Corporate Executive Board (CEB) found only half of respondents use talent metrics to prove ROI of talent or help inform business decisions, and only 45 percent currently use objective measures of potential to guide development and succession plans. We’ve all heard these clichés before: “the numbers don’t lie” and “the proof is in the pudding.”

How Measuring Your Candidate Experience Can Pay Off

SuccessFactors

One company living up to these demands is Wells Fargo, a four-year CandE award winner. Wells Fargo launched its Candidate Experience Program in 2015 to deliver a best-in-class job seeker experience. Exactly what is the business impact of a poor candidate experience?

Get Onboard the HR Analytics Movement

Brandon Hall

An analytics strategy starts with using ad hoc metrics and reports to understand “what happened.” At the next level of maturity, an organization uses ad hoc metrics and reports, as well as benchmarks and dashboards, to understand “what happened and how we compare to others.”.

Your Most Pressing Questions About Recruiting in the Digital Age, Answered

Cornerstone On Demand

What are some industry benchmarks to follow with regard to how long it takes or how much it costs to hire for different roles? It provides a hyper-local look at how long it typically takes to hire for a role in your region, and offers average cost-per-hire benchmarks.

HR Analytics – The “GPS” of True HR Transformation

Visier

Demonstrating the business value that HR provides by putting metrics in place. Redefining the metrics of success, with metrics focused on business challenges rather than favored, traditional (read “non-business relevant”) HR metrics. What do we get if we do it well?

A Literal THESIS on The P&L Impact of Candidate Experience

Survale HR

He covers how to measure candidate experience, citing both his use of Survale in measuring Tipico’s transactional, stage-based candidate experience in real-time, as well as benchmarking performance broadly and by industry using Survale partner, the Talent Board’s annual CandE benchmarking data.

Average Time to Fill = 42 Days according to SHRM Survey – So What ?

HRchitect

The USA Today reported that a recent SHRM Survey indicated the Average Time to Fill a job is 42 days according to their Human Capital Benchmark Report. In my opinion, the “filled” metric is an “HR Feel Good” metric. Written by: Jacqueline Kuhn.

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How to Improve Culture Using Real-Time Data

Reflektive

Defining Methodology and Benchmarks. First, you need to define a baseline metric to measure. Then, you need to define comparative benchmarks so you can understand what success means. Step 1: Define a Baseline Metric. Step 2: Define Internal Comparative Benchmarks.

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It’s About More Than HR: Analytics Learnings from Tom Davenport and Dr. John Sullivan

Visier

stage, HR is integrating and curating their workforce data from various transactional systems , as well as developing the business acumen to tell a story with the data that will lead to better and more productive business decisions. It includes benchmark comparison numbers.

How Your Professional Services Firm Stacks Up Against the Competition

Workday

Delays have consequences, as professional services firms know all too well. In a recent webinar, “Best in Class KPIs: Benchmarking Your Professional Services Business,” Jeanne Urich, managing director of SPI, shared these statistics and other compelling data from her company’s 2019 Professional Services Maturity Benchmark. She focused on metrics for the largest 137 firms and discussed trends and insights for the planning-to-profit business cycle.

How Objective Setting Can Fit Into Your Performance Management Strategy

15Five

Every company has metrics and KPIs in place to regularly observe and measure performance, but when it comes to assessing people, quantitative analysis is only half the story. Success will then be benchmarked by 90-100 percent completion, rather than 60-70 percent.