The 3 Key Metrics in HR Predictive Analytics

HR Bartender

I like to think of it this way: HR metrics tell you what happened in the past. Both of these metrics are valuable, but it’s not all the information we might need to make business decisions. Fitz-enz’s book “ How to Measure Human Resource Management ” is my go-to book for HR metrics.).

Impress Your CEO With These Strategic Business Impact Recruiting Metrics

Visier

Talent Data ” I explained how you can impress your CEO by converting your Talent Acquisition results into dollars. It’s also important to understand that you can’t impress a CEO with a large volume of tactical recruiting metrics. This metric is a measure of your talent competitiveness.

HR Metrics – Connecting Goals to Organizational Strategy

New to HR

Human Resource Metrics are a crucial way of analyzing the successes and failures of your department’s outreach, influence, programs and processes. The data hidden within is an important catalyst for the development and change of both your strategies and those of the business.

Three Ways Metrics Can Help Avoid Common Compliance Mistakes

Cornerstone On Demand

Too many firms treat compliance as a box-checking exercise, making employees sit through training to attest that they understand the rules, but failing to assess the effectiveness of their compliance programs, or doing so with faulty metrics," the HBR report states.

People, HR & Analytics

Speaker: Rodney B. Bolton SPHR, CEO, HR BIZZ

HR analytics empower organizations to use employee data to make better working decisions and improve performance in areas such as attracting top talent, accurately forecasting future staffing needs, and improving employee satisfaction.

Your Data Isn’t Magic – Friday Distraction

HR Bartender

Very interesting data. So Mr. Bartender and I regularly look at data that impacts our business. One of the things we’ve realized over time is that looking at metrics is hard to do. Sometimes last month’s data is acceptable and other times it’s out of date.

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5 Key Metrics to Measure Workplace Engagement

Reflektive

Nevertheless, there are five key metrics to help you measure employee engagement. One challenge this metric presents is understanding what level of turnover is natural for your company. Suggestions and feedback provide plenty of data to measure engagement. Tabulating these results provides you with useable data on whether specific engagement strategies are working. The post 5 Key Metrics to Measure Workplace Engagement appeared first on Reflektive.

How to Establish Successful Metrics for Your Internal Communications Strategy

SocialChorus

In an age of measurement, however, it’s not enough to create content—you must also align it with the right communications metrics. Here’s a quick overview of what a great approach to communications metrics looks like. More Metrics Wisdom: Quick Tips.

7 recruitment metrics you should be tracking

Teamtailor

Tracking recruitment metrics will give you insight into how successful your recruitment process is. Research by LinkedIn shows that HR teams who track and measure recruiting metrics are twice as likely to find talent more efficiently. Summary infographic on recruitment metrics.

7 recruitment metrics you should be tracking

Teamtailor

Tracking recruitment metrics will give you insight into how successful your recruitment process is. Research by LinkedIn shows that HR teams who track and measure recruiting metrics are twice as likely to find talent more efficiently. Summary infographic on recruitment metrics.

Enriching the Employee Experience

Speaker: Isaac Mallory, Director of Sales & Business Development at HR Performance Solutions, and Jennifer Dickey, HR Consultant and speaker for HR Performance Solutions

How to use data to seek them out. Whether you’re more inclined to follow the Bureau of Labor unemployment rate at 4.1%, or put more stock into Gallup’s “real unemployment” metric sitting at 7.9%, the implications are clear; the American workforce has options.

Your 2018 Social Recruiting Strategy: Remember These 7 Key Elements

HR Bartender

I know this might sound like an old conversation, but the reality is that organizations aren’t taking full advantage of what a social recruiting strategy can bring to their recruitment efforts. Use metrics to measure success.

Improve Quality of Hire Using Recruiting Data and Analytics

HR Bartender

Technology can also aid in data collection and analysis. Data are facts and statistics collected for reference or analysis. And analytics is the systemic analysis of data or statistics. I know that at times I’m guilty of using terms like data and analytics interchangeably.

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5 Effective Metrics for Measuring Team Member Performance

Rise

However, quantifying and measuring performance metrics is easier said than done. T raditional metrics such as productivity can present a moving target and can often be misleading. T here are a number of different methods to choose from for actually tracking performance metrics.

Make a Talent Strategy Splash: Dive Into Your Talent Metrics

Saba

While HR has historically been dominated by "soft" people skills – and slow to enter the metrics and analytics arena – evolving HR into a data-driven function is the key to making a compelling business case for your talent initiatives

10 Habits of Highly Successful Tech Recruiters

Speaker: David Nicola, Senior Sourcing Lead, Terminal

Introduction to Recruiting Metrics FAQ

Workable

Recruitment metrics help you gauge the effectiveness of your recruitment process. Here are frequently asked questions and answers about recruiting metrics to help you understand recruiting data and use it to boost your hiring: Intro to Recruiting Metrics.

Make Your Data Easy to Consume – Friday Distraction

HR Bartender

Years ago, I worked for a company that decided HR was going to produce a “metrics scorecard” each month. Three full pages of data about HR activities. Whenever we’re responsible for reporting data to the organization, it needs to be in a format that’s easy for them to digest.

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Impress Your CEO With These Strategic Business Impact Recruiting Metrics

Visier

Talent Data ” I explained how you can impress your CEO by converting your Talent Acquisition results into dollars. It’s also important to understand that you can’t impress a CEO with a large volume of tactical recruiting metrics. This metric is a measure of your talent competitiveness.

Recruitment process effectiveness metrics FAQ

Workable

Metrics help you identify strengths and weaknesses of your hiring process. What is the “Screened Candidates to Face-to-Face Interviews” metric? What is the “Face-to-Face Candidates Interviewed to Offers Extended” metric? What are talent pipeline metrics?

Futureproof Your Organization with These 8 Manager Effectiveness Metrics

Visier

Whether your organization is ready to adapt these new roles or wishes to coach current managers to be more effective, this updated article provides the key metrics you need to measure their success by. . Here are two distinct sets of metrics for each type of manager.

How To Link Recruiting Metrics To Business Outcomes

Cornerstone On Demand

According to LinkedIn's 2017 Global Recruiting Trends Report , "quality of hire" is the top recruiting metric that hiring managers care about—and for good reason. Quality of hire is also arguably the best metric to demonstrate the effectiveness of the recruiting department and its value as a strategic business function. The importance of demonstrating quality of hire is nothing new, but how do you actually measure this metric?

What to Do With Metrics

Compensation Cafe

Everywhere they turn these days Compensation practitioners are finding themselves bombarded by a repeated self-help message; you need to establish compensation metrics for your organization. If you’re collecting data for compensation metrics, congratulations. Use of Metrics.

Improve Your Company Culture Using Data

Visier

Peter Drucker, the legendary management consultant, once famously said, “Culture eats strategy for breakfast.”. It has many different definitions based on who you ask, but the value in making it part of your strategy and decision-making is undeniable. Embedding Data into Your Culture.

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The Importance of Democratizing People Data

Visier

The pace of business moves fast and the amount of data organizations create in the process is staggering. Those that don’t take advantage of their data are at risk of being left behind. making people data and analytics more accessible to your organization is critical. .

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4 Steps to Cleaner and Better HR Data

Visier

Dirty data refers to the errors or gaps within your workforce data—think missing personal information, the folder of performance reviews you haven’t collated with your HRIS, typos, and other simple human errors. It’s next to impossible to have perfectly clean HR data.

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Key HR metrics: The most important metrics you should track

Workable

HR metrics measure how effective the results of your HR operations are, including elements such as employee retention and recruiting. But, your time is limited and you probably can’t track every metric in the book. These key HR metrics include: Cost per hire.

Job offer acceptance rate metrics FAQ

Workable

Job offer metrics help you measure the quality of your job offers and, by extension, your recruitment process. Here are frequently asked questions and answers on job offer metrics: What is the offer acceptance rate metric? What is the “Reasons Offers are Being Accepted” metric?

Key hiring metrics: Useful benchmarks for tech roles

Workable

You may know your own key hiring metrics like your average time to fill or how many qualified candidates you need to make a hire, but what’s the significance of these numbers? This metric is part of the overall group of metrics called recruiting yield ratios.

The Future of HR: 10 Strategies for Every Human Resources Team

HR Bartender

HR is Moving from People Science to Data Science. But today, HR is moving from people science to data science – about people. The 3 Key Metrics in HR Predictive Analytics. Knowing these three-key metrics in HR predictive analytics may be useful.

How to measure talent pipeline metrics

Workable

Talent pipeline metrics help you measure the effectiveness of your sourcing strategies in finding and engaging those candidates. Here’s a primer on five common talent pipeline metrics and how to calculate them: Source of hire. Candidate experience metrics.

Human Resources KPIs: An In-depth Explanation with Metrics & Examples

Analytics in HR

“Without data, you’re just another person with an opinion”, is arguably Edward Deming’s best-known quote. KPIs are strategic metrics. Only metrics that have a direct link with the organizational strategy can be called KPIs.

5 Reasons to Use Talent Mapping in Your Business Growth Strategy

Vsource.io

Businesses grow and so too do their employees but why does mapping out the talent at your disposal have any bearing on your growth strategy? We’ve all heard the adage that a company’s greatest asset is its workforce and most people would agree; this is absolutely true.

Putting big data to work

Bersin with Deloitte

Organizational Network Analysis helps reveal insights “hiding in plain sight” in untapped email data. This is data that companies generally don’t tap into, let alone turn into valuable information. A rich untapped data pool—but is it useful?

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10 Smart Strategies to Enhance Employee Experience

HSD Metrics

Increasingly, however, forward-leaning companies recognize the need to track a more comprehensive set of metrics, one which encompasses the totality of interactions workers have with the businesses for which they work. Collecting data across the entire employee lifecycle is important.

5 Benefits of a Data-Driven Recruitment Strategy

Visier

Data-driven recruitment is the key to attracting and keeping the right talent needed to meet business objectives — and hiring them at the right price. Second, the data is siloed. What Data-Driven Recruitment Looks Like. Here are a few benefits of this data-driven method: 1.

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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. Managers often look at data in a vacuum instead of taking a step back to see what employee behaviors influenced them.