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10 vital HR metrics to track for your business

Business Management Daily

As organizations become more complex, data helps clarify the picture of what’s going on as it relates to employee engagement and retention. How are organizations using HR analytics to increase employee recruitment and retention? There are many ways to use it down to where recruitment dollars should go.

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Executive Scorecard: HireRoad’s Top HR Dashboards

Acendre

For example, if first year turnover is an area of concern, the scorecard can be used to track investments such as retention programs, employee surveys, and training sessions to monitor if these investments are making a difference. For example, let’s take a look at the metric, Compa Ratio. This is a common metric to assess pay.

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How Facebook Is Recruiting Exceptional Talent Today

TalentCulture

Let’s examine Facebook’s magnetic appeal and see how we can all learn from it to recruit exceptional talent. Facebook Recruitment Relies on Fit, Unique Tactics, and the Ability to Change. We want to connect to our candidates in the recruiting or inter-viewing process pretty deeply.” Uses internal resources to attract recruits.

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Employee Compensation: Everything you Need to Know

Astron Solutions

As an HR leader for your organization, you know that employee compensation is not just something you determine when you hire a new team member and then forget about. In fact, the performance rating taken in tandem with an employee’s compa-ratio reveals a fuller picture. What is Compa-ratio?

COMPAS 59
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Compensation Metrics for Evaluating Your Plan’s Success

Zenefits

A company’s compensation philosophy plays into the quality of employees it keeps, how difficult retention will be, and how much competition it will face for talent. Manage compensation to improve employee retention. Salary ranges help employers set base pay for new hires and determine salary increases for current team members.

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A Full Guide to Compensation and Benefits

Digital HR Tech

Whether the recruiter lists the wage as an hourly, weekly, monthly, or hourly rate, candidates see it as the most critical part of any job offer. While their findings were statistically significant and turnover is expensive, it’s probably not enough to convince a boss to give someone a 10 percent raise. Benefits and motivation.

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What is People Analytics and How Do I Get Started?

Visier

It reduced its workforce planning cycle by 25%, improved the accuracy of its hiring plan from 78% to 95%, and increased the accuracy of its headcount plan from 60% to 95%. Link recruiting to business outcomes. Tackle turnover problems. Taking the first steps into data-driven HR can feel daunting, but it doesn’t have to.