24 HR Metrics that can Make a Difference in Your Business Today

CakeHR

What are Human Resource Metrics? By using Human Resource metrics. Employing human resource metrics in your business is a great way to measure the progress (or demise) of your HR actions. HR metrics are priceless and most modern HR programs can help you seamlessly integrate these into your day to day HR functions. Why HR Metrics are Important? HR metrics can help a company focus its resources on what’s more important. Don’t know which metric to use?

The Secret To Selecting and Measuring Key Employee Performance Metrics

EmployeeConnect

Measuring critical employee performance metrics offers organisations key benefits for attracting and retaining top talent while meeting operational imperatives. The primary benefits of employee performance metrics are tied to fostering better employee engagement, which enhances productivity, innovation, creativity, employee loyalty and longevity. That’s why today’s software applications for measuring key performance metrics are so valuable.

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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. We asked participants everything from how they identify high-performing employees to how they reward those employees to what survey participants think about performance appraisals in general. Managing Shortages.

How to Update Compensation Without Performance Ratings

Reflektive

GE becomes the latest major company to remove ratings from its performance appraisal system. Organizations successful with removing ratings reimagined the whole performance management system. In NeuroLeadership Institute’s “ Future of Performance Management ” webinar last week, David Rock and Brian Kropp discussed the current debate on ratings. Here are some ways you can determine compensation without annual performance ratings. Manager Bucket.

How to Calculate Cost-of-Vacancy for Healthcare Hiring

HealthcareSource

Cost-of-Vacancy is an important metric healthcare organizations need to track to fully understand how their current staffing levels are affecting their bottom line. In this blog, we take a detailed look at the cost-of-vacancy metric and how you can calculate it for your organization. General Talent Acquisition cost-of-vacancy Healthcare Recruitment Hiring in Healthcare Patient Satisfaction Performance Management Recruitment Recruitment Optimization 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. With this information in hand, the plan should be implemented into the workforce through partnerships with managers and directors. The post Maximizing Team Performance with Workforce Planning appeared first on New To HR.

Cafe Classic: The Compensation Cookbook

Compensation Cafe

The long-awaited authoritative dictionary of decisions contains every remuneration formula and reward metric required for instant success in the compensation trade, says its editor, the noted Total Rewards guru H.R. This massive manual of metrics should be available on February 29, 2013, according to the distinguished publishing house of Ratchet, Gimme, Compound & Sons and Daughters and One Odd Nephew. Office of Personnel Management.

Why Doesn’t Corporate Talent Acquisition Change The Way They Pay Recruiters?

The Tim Sackett Project

I wanted to make sure there was some performance-based compensation as part of their total compensation. ” “The executives will never agree to performance-based pay in a non-sales role!” ” “We want our recruiters to be hiring manager focused and paying bonuses would change that!” Here are some tips to making this change: – Make sure your high performing recruiters can actually make more money in the new model.

Recruiter Roundtable with Loxo CEO Matt Chambers and I!

The Tim Sackett Project

We’ve gotten to a point where hiring managers have this expectation where you’ll start showing them candidates in a matter of hours, not days or weeks. Executive search, staffing, RPO, and recruiting agencies are facing pressure to find ways to differentiate. But, that takes a really great process, supported by great tech, supported by high expectations and performance management.

How People Analytics Delivers Financial Impact [New Report]

Visier - Talent Acquisition

One way to measure the overall performance of companies at the aggregate level is by tracking and comparing two key financial metrics: return on equity and revenue per employee. Aggregate performance can also be measured by revenue per employee. Reducing turnover by retaining new hires, top performers, managers, and other key roles, saving as much as $15 million. The value of people analytics is different for each organization.

The Changing Role of Human Resource Management – HRM

EmployeeConnect

The function within an organisation that is focussed towards recruitment, management, and offering direction to the people of the organisation is termed as Human Resource Management (HRM). The members of the HRM department are responsible for providing the necessary tools, knowledge, administrative services, coaching and training, talent management, legal and management advice for the rest of the organisation in order to successfully operate.

How Dent Wizard Won a Candidate Experience Award and Why It Doesn’t Matter

Survale

So I thought I’d chronicle our approach in writing, but I also want to be clear that the award pales in comparison to the benefits that come from actively measuring, managing and improving your candidate experience. Plus, your recruiters and hiring managers are not always in alignment.

8 Questions to Ask for Effective HR Reports

EmployeeConnect

That’s why staff members complain and protest about inaccurate assessments, data-driven errors and unpopular decisions – HR reporting fails to deliver unless the HR reports dig down into the databases to get the most accurate and relevant performance information, employee profile data and business intelligence. Data-driven decision management , or DDDM, is an approach that uses verifiable data to assist in decision-making processes.

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RPO Improves Long-Range Talent Placement

Aberdeen HCM Essentials

By comparison, traditional recruiting and staffing leads to an increase in this likelihood of only 28%. At the same time, Aberdeen found that technology spend on talent acquisition resources now outstrips spend on performance management technology by a ration of up to 2 to 1. Before the technology space gets to this point, however, managers and HR need strategic help on how to change their mindsets on how talent is processed, engaged, and managed within the organization.

Why should my company outsource HR?

Stratus

PEOs are staffed with certified experts in each major area of HR (payroll, workers’ comp, risk management, benefits, and human resources) who consult companies across a variety of industries. It gets expensive to invest in the latest high-efficiency HR tool like applicant tracking or performance management, and it’s hard to find time to even consider the options. “Why would I want to outsource HR?”

Increased Transparency of Human Capital Data – an interview with Brian Wilkerson

hrQ

The standard is a series of 23 metrics in 9 categories that are designed to provide a balanced view of the strength of human capital management within an enterprise. Some of the metrics organizations have been measuring for years, such as turnover and productivity, while others such as ethics, leadership, and skills and capabilities are new frontiers for a number of organizations. 3) Your culture as it relates to accountability and effective performance management processes.

Why should my company outsource HR?

Stratus

PEOs are staffed with certified experts in each major area of HR (payroll, workers’ comp, risk management, benefits, and human resources) who consult companies across a variety of industries. It gets expensive to invest in the latest high-efficiency HR tool like applicant tracking or performance management, and it’s hard to find time to even consider the options. “Why would I want to outsource HR?”

11 HR Analytics Courses Online

Analytics in HR

Courses range from top-level analytics knowledge, to actually doing analytics, basic statistical knowledge, HR data and metrics, and more. Designed as an “all-in-one” course for HR analytics managers, it is by far the most comprehensive course out there. The course is taught by three professors and introduces you to the major areas of people analytics, including performance evaluation, staffing, collaboration, and talent management.

Top 100 HR and Recruitment Blogs [by Organic Traffic with Top 3 Articles Each]

Ongig

Performance Management. 100 Useful Performance Review Phrases. People Management. 8 Tips for Managing Your Team Effectively. Leadership and Management. Business Performance. HR Management and Compliance. HR Management and Planning.

Health care’s workforce of the future

HR Times

Let’s look at some of the ways providers can improve workforce management to better meet their mandate in an increasingly complex operating environment. All of this plays a role in scheduling and assignments within a workforce management system. A third major challenge is acuity and census integration to the workforce management system—determining and scheduling the right skilled clinical staff to match the level and type of patient need. New challenges. New trends.

Health care’s workforce of the future

HR Times

Let’s look at some of the ways providers can improve workforce management to better meet their mandate in an increasingly complex operating environment. All of this plays a role in scheduling and assignments within a workforce management system. New challenges. New trends.

Talent Management Software | Buyer’s Guide & 5 Top Providers

Astron Solutions

Talent management software (or TMS) is an essential part of any organization’s HR toolkit today. In the past, extensive talent management systems and platforms required heavy upfront investments and were really feasible only for large organizations and businesses. It’s easier than ever for smaller organizations to get started with talent management software that can address all of their needs or provide support around a specific task. Talent Management.

HR TechStack – Performance Tracking

WhoKnows

Performance Tracking Tools. It helps organizations establish employee performance standards and enables managers to evaluate employees’ job performance in relation to these standards. Performance management systems are used to manage employee progress, performance, and development in relation to organizational goals. Allow users to evaluate employee performance in relation to overarching company goals. Performance Pro.

What is HR Analytics?

Analytics in HR

When the HR manager calls you and asks to come by her office, it’s likely that there’s something bad about to happen. If it was good news, like getting a promotion, your manager would tell you. To answer this second question, you would need to combine two different data sources: your Human Resources Information System (HRIS) and your Performance Management System. In other words, it is a data-driven approach toward Human Resources Management.

12 Ways to Go From Administrative HR to Business Impact HR

Visier - Talent Acquisition

Current professionals in every HR sub-function, like recruiting, performance management, and training, will be shocked when, in the future, each is required to provide metrics each quarter demonstrating how the managers and employees that participated in their programs/processes directly improved their productivity. The focus on increasing worker productivity will include helping managers identify the key motivators and retention factors for each of their employees.

Joint Employment Policies and the FMLA

HR Daily Advisor

In the case of a temporary placement or staffing agency, the agency is most commonly the primary employer. This bimonthly publication provides you with the in-depth coverage you need to make decisions about key issues like goal alignment, talent management, culture, HR metrics, big data, employee engagement, retention, corporate branding, and outsourcing. HR Management BLR HR Leave Management MSLBy Susan Prince, JD, MSL, Legal Editor at BLR.

Cafe Classic: The Compensation Cookbook

Compensation Cafe

The long-awaited authoritative dictionary of decisions contains every remuneration formula and reward metric required for instant success in the compensation trade, says its editor, the noted Total Rewards guru H.R. This massive manual of metrics should be available on February 29, 2013, according to the distinguished publishing house of Ratchet, Gimme, Compound & Sons and Daughters and One Odd Nephew. Office of Personnel Management.

Industry Influencers Bring “New Perspectives” to Connections 2018

Ultimate Software

This year, in addition to dozens of workshops, breakout sessions, a full lineup of inspiring keynote speakers, and an intimate live music performance, we’ve partnered with a variety of world-class HR influencers and bloggers to share the latest research and trends with you. In 2013, Matt founded Recruiting Daily and has been writing for the site and acting as Managing Editor ever since. Connections sessions: When Your HR Metrics Fail to Connect with Your Organization.

3 HR Trends in 2014

Dave's Weekly Thought

It's been an interesting year in the world of Human Resources: The certification debate rages on , talent management is evolving at whiplash pace, generational diversity has created a roller coaster of succession planning and the social space has never been more populated with educated HR advisors. In truth, HR remains the organizational pipeline to employees, managers and executives. Behavior Change Management Now more than ever change is paramount to organizational success.

23 market research thought leaders to follow on Twitter

Qualtrics

He’s a frequent writer and speaker on trends, leadership and performance management, and he has directed thousands of surveys examining consumer trends and citizen behavior. Follow Ben for curated content on leadership and performance management. ( @benatipsosmori ). Fred Reichheld – Reichheld is a Bain Fellow, an author and speaker on loyalty, and creator of the Net Promoter Score , a common metric used to measure customer loyalty.

The 71+ Biggest HR Tech Conferences to Attend in 2019

Digital HR Tech

January 28 – 30 | New Orleans | Talent Management Summit. Key themes include: Meaningful Employee Experiences, Talent Analytics, How to Future-Proof Your Workforce, Advancing the D&I Agenda, and Performance Management for teams and agile environments. January 30 & 31 | Zürich | HR Analytics, Metrics, and Measurement. January 30 – February 1 | Melbourne | HR Analytics, Metrics, and Measurement. Transformation in talent management, 4.

How Google Used Data to Validate the Impact of Good Managers

i4cp

"At Google, we strive for all people decisions to be informed by data and analytics," says Kathryn Dekas, people analytics manager. Through the work of this group, all HR decisions, whether it's compensation, talent management, staffing, etc., The next level up the chain is metrics —counts or ratios that HR may send around on a regular basis, e.g., the percentage of managers for each employee.

Chosen Time

True Faith HR

It was with great interest that I read about Ben Eubanks’ “ Introducing the HR Education Series ,” at UpstartHR.com. As someone who has taught HR for 14 years, and who has been intimately involved with SHRM College Relations at the local, state, regional and national level, the subject is near and dear to my heart. Working in small, liberal arts college, I am the sole proprietor of our HR program. Its success or failure is dependent on how well I carry out my job.

5 HR Analyst Job Descriptions – A Brief Analysis

Analytics in HR

Your responsibilities will include: Develop standard and ad hoc reports, templates, dashboards, scorecards, and metrics. Passionate about improving business performance. Manage on-going performance and development of HR systems. Previous Management Information (MI) reporting. Perform transactional HR activities and process work within HR Connect. Perform administrative tasks in support of HR processes. Perform other duties as assigned.

HR TechStack – Onboarding Software

WhoKnows

New employee onboarding is the process of getting new hires adjusted to the social and performance aspects of their new jobs quickly and smoothly. In Fortune 500 companies, it has been estimated that 500,000 new managers transition into new roles or companies each year. Managers begin new jobs every 2 to 4 years on average. Managing people in today’s working environment requires agility, accuracy and visibility. Learn more about Taleo’s talent management solutions.

The 71+ Biggest HR Tech Conferences to Attend in 2019

Digital HR Tech

January 28 – 30 | New Orleans | Talent Management Summit. Key themes include: Meaningful Employee Experiences, Talent Analytics, How to Future-Proof Your Workforce, Advancing the D&I Agenda, and Performance Management for teams and agile environments. January 30 & 31 | Zürich | HR Analytics, Metrics, and Measurement. January 30 – February 1 | Melbourne | HR Analytics, Metrics, and Measurement. Transformation in talent management, 4.

#Employee Feedback Is The Killer App #HR

TalentHQ

These tools are powerful and disruptive, and they have the potential to redefine how we manage our organizations. If we look at employee ratings of employers as a whole, we find that performance follows a bell curve. New research by MRInetwork shows that 90% of recruiters surveyed believe that “candidates are now in charge” – the highest this metric has been in five years. How can a CEO, manager, or even HR team keep up with everything everyone needs?

Glint 65

HR TechStack – Onboarding Softwares

WhoKnows

New employee onboarding is the process of getting new hires adjusted to the social and performance aspects of their new jobs quickly and smoothly. In Fortune 500 companies, it has been estimated that 500,000 new managers transition into new roles or companies each year. Managers begin new jobs every 2 to 4 years on average. Managing people in today’s working environment requires agility, accuracy and visibility. Learn more about Taleo’s talent management solutions.

Conference Twitter Primer #HRtechConf 2018

Advos

Josh_Bersin : Corporate Talent, HR, & Learning Analyst, Founder of Bersin by Deloitte, research and advisory firm focused on management, leadership, HR tech. GerryCrispin : Life-long Student of Staffing. GretchenA : By day, I manage a product strategy team.