HR Metrics to Follow / Implement in 2019

CakeHR

The whole industry is evolving and constantly coming up with new HR trends , so you definitely need to keep an eye on all parameters, from talent acquisition to development and performance management. However, it is by no means easy to monitor every performance indicator simultaneously.

Neuroscience in Performance Management

ATD Human Capital

Of all talent management processes, performance management is arguably the most important to get right. When done poorly, performance management not only hurts business performance, it can destroy morale and create a toxic environment.

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. A sales manager told Gallup writers the right turnover rate was 10 percent. Employees feel more engaged when they feel their voices, concerns, and suggestions are heard, to the point where 48 percent are less likely to leave a company they believe management listens to them.

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.

The Top 10 Strategic HR and TA Metrics That CEOs Want to See

Visier

Unfortunately, most of those who create metrics in HR and recruiting don’t really understand the strategic mindset of CEOs. And, as a result, the metrics that are reported to CEOs and the executive committee result in no positive action being taken.

Getting buy-in for your new performance management system

Impraise

So you’ve written your short-list of potential performance management solutions and are ready to see what sticks. Having helped over 200+ companies revamp their performance management processes, here are a few tips you can use to get buy-in from the executives at your company.

The 4 Metrics You Need to Gauge Employee Performance

Namely

Consistently and accurately evaluating employee performance is essential not only to individual success, but to the overall success of an organization. That being the case, you’d think more companies would actively measure employee performance. Download Namely''s presentation below!

New Research on Cutting-Edge Performance Management: What Are We Learning?

Compensation Cafe

Editor's Note: Last summer we posted an announcement from Gerry Ledford (one of our profession's leading scholars) introducing a new academic study focused on leading edge performance management practices and an invitation for any qualified organizations to participate. For the past year, I have been leading research on cutting-edge performance management practices at the Center for Effective Organizations (CEO), University of Southern California.

Talent and Performance Management Survey Summary

HR Daily Advisor

The HR Daily Advisor research team conducted the 2016 Talent and Performance Management Survey in January, 2016. Talent and performance management are some of the most important and rigorous tasks any HR professional has to deal with. Managing Shortages. HR manager.

Get That Seat at the Table Using Metrics to Look Forward

TLNT: The Business of HR

While HR is often measuring and presenting tactical metrics, the most important key performance indicators (KPIs) should be around supporting and advancing the value of the company through the strategic objectives.

Check Out the Results of Our Talent and Performance Management Survey

HR Daily Advisor

Yesterday we began to explore the results of the 2016 Talent and Performance Management Survey. Implementing Talent Management Strategies. The majority of respondents (51.3%) answered that they implement a “talent pipeline” as their management strategy. Time management.

Ultimate Checklist for Selecting a Performance Management Tool

Impraise

Much like creating a recruitment process, selecting a new performance management tool requires a mapped out process with clear expectations and deadlines. Receive proposals Start Date: / / Final round vendors present their proposals to you and relevant budget holder(s).

7 Intriguing Employee Engagement Trends for 2019

15Five

An inspiring manager creates more team engagement. In 2018, a study by The Predictive Index found similar data further proving that employees actually enjoy feedback, yet most (44%) managers are ignoring this engagement trends and give very little, if any.

How to Ensure HR Activities and Metrics Align with Company Objectives

HR Daily Advisor

Aligning HR activities and metrics with company objectives isn’t just prudent. Here are a few of the many ways that the HR team can ensure that HR activities and metrics align with company objectives: Train managers to cascade goals to the next level, modifying as appropriate.

7 More Fascinating Employee Engagement Trends For 2017

15Five

Until engagement numbers dramatically increase, we are going to continue presenting these trends. Is it a shift in performance management strategy, or advances in HR technology? 2) Performance Management Technology 2.0. 3) Data Focused Management and HR .

Best of the Force: Performance Analytics, Team Chemistry and Hockey

Compensation Force

Is "making teams better" the holy grail of performance analytics? More quantitative attention is being paid to how well players improve the in-game performances of their teammates. Indeed, how can the coaches improve the TQ—Teamness Quotient—of their players’ performances?

Unleashing Your Inner Scientist: Lab Mindsets & HR/Compensation Experiments

Compensation Force

Anderson of Northwestern's Kellogg School and Duncan Simester of MIT's Sloan School of Management. And I have borrowed shamelessly from their material to create a set of rules for compensation and HR experimentation, presented below for your review and response.

OMG! You Were Right All Along!

Compensation Cafe

Remember that other time you explained to your managers that they needed to have frequent conversations on the new pay for performance program? If you are aware of concerns that will arise, mention them at the onset and explain they will be addressed during your presentation.

Why 61% of Employees Say the Performance Review Is Outdated

Reflektive

How do you bridge the gap when managers and employees have different definitions and metrics for success? The Problem with Performance Reviews. The performance review process epitomizes the Growth Divide. Many of these employees feel that the process is either too generic, too slow, or that their company’s performance review technology is old or outdated. SEE ALSO: How to Effectively Change Performance Management. Performance Management

3 Things We Learned at 2016 NeuroLeadership Summit

Reflektive

Here are a few learnings our team took home on changing performance management and employee feedback. Rather than putting the impetus on managers to dole out feedback, the initiative can come from both directions. Prioritizing Change Management.

ATS 161

Leadership Insights: What To Do When Your Employee’s Heart Just Isn’t In It

15Five

Or rather, I appreciate the reverse, that a person who is fully present and contributes something valuable does so because they feel inspired, alive, and open-hearted. They should absolutely measure performance. Not convinced that there’s more to management than a focus on data?

3 Examples of Evidence-Based HR in Action

UpstartHR

Last week I had the pleasure of presenting a workshop based on metrics, evidence-based HR, and change management. For instance, New York spent more than $75 million on teachers to help increase student performance and teacher satisfaction.

Is Team Chemistry the Next Big Thing in Performance and Rewards?

Compensation Force

Is "making teams better" the new holy grail of performance analytics? More quantitative attention is being paid to how well players improve the in-game performances of their teammates. Indeed, how can the coaches improve the TQ—Teamness Quotient—of their players’ performances?

A Comprehensive Guide to Building a Talent Management Process

Digital HR Tech

Managing talent is arguably the most important job for any HR department. In this article, we will dive into the nitty-gritty of creating a talent management process, including all the steps involved. What is talent management. The importance of talent management.

Maximizing Team Performance with Workforce Planning

New to HR

Integrating and aligning these strategies with the day-to-day operations of the business can dramatically increase productivity levels, while encouraging engagement and maximizing team performance, providing a vast array of benefits to the company. The IPMA recommends that all workforce planning models are written in consideration of the “ present workload, workforce and competencies ,” while comparing the results of this with “ future needs to identify gaps and surpluses.”.

Conference Inspiration Sources – Many and Varied for 2018

Compensation Cafe

In fact, Chris - who was also a conference presenter, more on this coming - had so many great thoughts to share that we made it into a two post series! Even so, that only allowed me to assess (and “rate”) about one-tenth of the actual presentations.

Annual Performance Reviews Aren’t Dead, but They Do Need New Life

Capterra

If you’re a small or midsize business (SMB) that does annual performance reviews, I have some terrible news. Annual performance reviews are dead. A staple of performance management since the 1950s, gone forever. Jump to: What should stay: Performance ratings.

Give Your Employee What He/She Deserves: Evaluating Performance

New to HR

When gaging your employees for a periodic performance review, you will have to design a checklist to keep things on track. Here are some tips that will help you with going through the performance process. How do I go about evaluating my employee?

What is a Talent Management Dashboard? 5 Critical Components

Digital HR Tech

As an HR professional, a talent management dashboard (TMD) can be an important tool to understand your workforce and plan for the future. Time to have a closer look at the talent management dashboard: functions, examples, and a how-to. What is a Talent Management Dashboard? A talent management dashboard is a customizable workforce reporting tool that helps recruiters and hiring managers to create an effective selection and treatment of talent.

5 Steps to Stellar Year-End Reviews

TalentCulture

Not a great moment for manager or team member, but it’s a common one. Mid-year reviews are a painful reminder of how far apart work and goals can drift and how little traditional performance management helps people perform at their best.

Your performance review is next week. Here’s what you need to do.

Lattice

Whether it just crept up on you, or you were so busy dreading it that you buried your head in the sand like an ostrich, it’s that time of year again: your performance review is coming up! For your performance review next week: Assess your performance. This is for the promotions and compensations element of performance review. The Harvard Business Review reports, “In terms of making impact, [a story] blows the standard PowerPoint presentation to bits.”

T3- Jobvite’s Annual Recruiter Nation Report

The Tim Sackett Project

This report always has some gems I love to share and usually use in presentations throughout the year. Because you don’t show them any internal statistics that more diverse work groups, in your own environment, perform better than those lacking diversity. Oh, you don’t know, because everyone measures QofH completely differently and it’s a freaking meaningless metric! Quality of Hire is not a Recruiting metric.

Four Ways HR Can Support Retail

Ultimate Software

For retailers, this presents significant opportunity but requires a strategic overhaul. By developing a more sophisticated approach to the employee lifecycle, from recruitment to performance to retainment. Business Intelligence Performance Management retail

How to Become a Data-Driven HR Leader

Reflektive

SEE ALSO: How to Effectively Change Performance Management. HR leaders need to subject these metrics to rigorous analysis, find the story behind the numbers, and use those insights to predict future behavior and trends. Maybe you observe that the majority of employees who have left the company in the past six months are under age 35, or that many of the company’s highest-performing individuals are concentrated within one department.

Data 138

4 Key Learnings on HR Analytics From SHRM 2018

Reflektive

Edwards Deming, and was shared in a presentation on metrics by Ryan Kohler, CEO of ApplicantPro, at the Society for Human Resource Management’s annual conference in Chicago. This year’s presentations armed HR practitioners with skills around speaking the language of the C-suite to best apply their expertise, along with how to build an analytics function that stands up to scrutiny. It’s About Distributing Metrics to Enable Managers.