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10 vital HR metrics to track for your business

Business Management Daily

No matter the size, it’s not possible to make informed decisions without the proper use of data. How are organizations using HR analytics to increase employee recruitment and retention? Dr. Rigolizzo: Regarding recruitment, thoughtful data can reveal built-in biases that keep you away from qualified candidates.

COMPAS 59
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4 steps to Building a Business Case for D&I

Visier

High-performing employees might decide to leave the organization out of frustration with the lack of inclusion, and recruiting new employees will be more difficult. Not only will creating a more diverse and inclusive organization increase your recruiting pool, it can help you recruit more competitively.

COMPAS 223
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A Guide to Compensation Analysis

Analytics in HR

Let’s take a look at other benefits of a compensation analysis: Salary benchmarking gives an impartial idea of competitive salaries and allows organizations to make informed decisions. Salary benchmark This is usually an annual survey that is completed, which includes pay structures and salary information.

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What Is Salary Range Penetration? Definition, Use, and Examples

Analytics in HR

Let’s have a closer look at this metric and find out how HR can enable managers to use salary range penetration in their hiring, salary raise, and promotion decisions. If your salary bands are too broad, then the information isn’t helpful. It gives you very similar information to the compa ratio metric.

COMPAS 90
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LaRocque: Why HR needs a strategy for evaluating tech startups, scaleups

HRExecutive

As most employers are struggling to hire and reports also show that up to 40% of workers are planning to change jobs , there’s little room for error in selecting new HR technology. This approach could inform the rest of your implementation or your requirements for the bigger project. The stakes couldn’t be much higher.

COMPAS 105
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5 Ways to Promote More Gender Equity in the Workplace

Visier

Google is the latest company to come under fire for allegedly paying female employees less than their male counterparts , but the tech giant has refused to disclose compensation information to Department of Labor (DoL) investigators. Take steps to correct gender inequity, starting with your processes for hiring and promotion.

COMPAS 174
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5 Ways to Promote More Gender Equity in the Workplace

Visier

Google is the latest company to come under fire for allegedly paying female employees less than their male counterparts , but the tech giant has refused to disclose compensation information to Department of Labor (DoL) investigators. Take steps to correct gender inequity, starting with your processes for hiring and promotion.

COMPAS 150