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10 vital HR metrics to track for your business

Business Management Daily

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. There are many ways to use it down to where recruitment dollars should go. Does it matter if we do an interview?

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A Comprehensive Guide to the Compa Ratio

Analytics in HR

In its original use, compa ratio (or comp ratio, or compensation ratio) is a simple formula designed to compare an individual’s actual salary to the midpoint of a defined salary range. For example, you could use group compa ratio and other data to compare salaries in job groups to other organizations to evaluate external competitiveness.

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Compensation and Benefits

Analytics in HR

Compensation and benefits refers to the monetary and non-monetary rewards an employee receives from their employer in exchange for their work. These desires may change depending on personal life circumstances as well as changes in the economy. What is compensation and benefits?

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16 Essential HR Metrics Not Enough Companies Monitor

Ongig

There are no simple fixes, but a successful retention strategy must start with measuring the most important HR metrics. This article will explain which HR metrics matter and why you should measure them. It covers all expenses related to headcount, salary, benefits, workforce overheads, and hiring and training new employees.

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