INTERVIEW: Dr. Jac Fitz-enz on Human Capital Metrics

HR Bartender

In 1977, you founded the Saratoga Institute (SI), which is well-known for its work in human capital metrics. Is there a place in HR for both metrics and analytics? By referring to the past (descriptive metrics) and studying the future we can determine WHAT TO DO to produce more positive results in the future; i.e.; prediction. If they only had time to focus on a handful of metrics, which ones should they consider? I’m a self-professed math geek.

Employee Retention: Tomorrow’s Recruiting Metric

Lighthouse

Recruiting, in some ways, is actually easier to measure because it is very similar to sales: you either have results or you don’t. This is evidenced by our recent study on talent acquisition priorities , where half of talent leaders said that they were focused on improving the recruiting process over the coming year. When I realized the link from retention to recruiting. Well, that depends on several things, including the recruiting process.

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The New Recruiting Metric: First Year Retention

UpstartHR

Recruiting, in some ways, is actually easier to measure because it is very similar to sales: you either have results or you don’t. Today I want to talk about first year retention, a measure that I believe is going to continue to grow as a recruiting metric, even though many companies wouldn’t consider it even remotely linked to recruiting as of today. When I realized the link from retention to recruiting Several years ago I ran into the wall.

The 5 Most Popular Recruitment Efficiency Metrics

Analytics in HR

Together with eRecruiter, we have recently asked over 500 employers how they measure the efficiency of the undertaken recruitment activities. Here are the 5 most popular recruitment efficiency metrics. What do they tell us about how recruitment is handled? Metric 1.

How to Scale Your Workforce from 0 to 100 in Less Than 6 Months

Speaker: Gaurav Valani, Head of Talent, Overstock

Many external Recruiters and internal Talent Acquisition teams build or destroy their careers based on how well they can do this in a competitive market like the one we are in. Metrics, Metrics, Metrics: The exact metrics we measure to track our progress and improvement. HR is the New Career Coach: How HR and recruiting can work together to improve retention once you've got the candidate in the door.

Top 10 Recruiting Metrics that Every Manager Should Know

SurveySparrow

Big, small, or medium-sized, recruitment is one of the most crucial processes in any company. An effective recruitment strategy is one of the key pillars for any organization to retain its leadership position in the market. What are Recruitment Metrics?

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. What does KPI mean in recruitment? What are recruiting metrics? What can you learn from recruitment metrics? Who should be tracking recruiting metrics?

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. As you help grow a company by recruiting talented individuals, you enjoy the satisfaction of a job well done.

Measure for Measure: The Evolution of Recruiting Metrics

Visier

Like many aspects of human capital management, recruiting practices and outcomes are under increasing scrutiny. Operational metrics are no longer enough. In order to manage and measure a strategic recruiting practice, organizations must bring together multiple systems and multiple data sources. Aptitude’s Strategic Talent Acquisition Trifecta includes recruitment marketing solutions, the traditional ATS, and onboarding solutions to create a true strategic hiring platform.

HR Metrics to Follow / Implement in 2019

CakeHR

Human resources (HR) consist of much more than just recruiting, which is why it’s so important to measure each and every aspect of its processes. Our goal is to make your job simpler by presenting HR metrics to follow in 2019. To cut the long story short, you have to follow key HR metrics because: Only 20% of employees strongly agree that their performance is managed in a way that motivates them to do outstanding work. HR guest post hr HR analytics hr metrics human resource

Recruiting Science - The Truth Behind Analytics and AI for Talent Attraction

Speaker: Andrew Gadomski, Managing Director, Aspen Analytics

We are consistently bombarded with whether great recruiting is an art or a science. The human heart and mind will always be necessary parts of a successful recruitment process. Attendees can expect to learn: What's REALLY Happening in Analytics and Metrics: Does it Work?

How to Hit Recruitment Metrics

ApplicantStack Applicant Tracking

If your recruitment metrics have taken a dive recently, you may want to consider investing in recruiting software like an applicant tracking system. In one survey , 89% of recruiters said that recruiting technology was either “extremely” or “very” important for performing their jobs well. Reasons Why Companies Don’t Adopt Recruitment Technology. You don’t have to be a technology guru to use recruiting software.

Recruitment process effectiveness metrics FAQ

Workable

Metrics help you identify strengths and weaknesses of your hiring process. Here are frequently asked questions and answers on recruitment process effectiveness: What is qualified candidates per hire? 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? What talent or recruiting pipeline metrics should we be tracking?

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. It can uncover your business’ strengths as well as its vulnerabilities — giving you much-needed information on areas that need focus, improvements, and capitalization. Why HR Metrics are Important? How well informed are you about your own business?

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. There is a lot of data out there, but what are the most important metrics to look at? Here are seven recruitment metrics we think you should be tracking and why: 1. Summary infographic on recruitment metrics.

How to Give Your Resume a Boost with Metrics?

Career Metis

The easiest and most effective strategy for highlighting the achievements in a resume: with metrics! There are several reasons for quantifying your accomplishments on your resume with metrics. Then include metrics on your resume that seem to align well with these KPIs. Well for starters, you better make sure it mentions how many clients you recruited at your last job or how you grew particular account by a certain percentage. Using Multiple Metrics.

The Internal Mobility Metrics You Should Be Tracking (HR Zone)

Paddle HR

The war for talent rages on, but what if the solution to your recruitment conundrum lies within your existing workforce? As the saying goes, ‘what gets measured gets done’ – so finding useful ways to track how well your business is retaining talent is crucial to success here.

Recruiting email metrics: how to measure your email success

Workable

Recruiting email metrics help you measure the impact of your messages. Whether it’s to find out if a referred candidate would be a good fit for your company, or to inform a past candidate about a new job, use metrics to shed light on your digital recruiting techniques. Here are four types of metrics you can use to analyze your recruitment emails : Measuring recruitment email open rate. How to calculate recruitment email open rate.

8 Employee Evaluation Metrics for Manufacturing Companies

AssessTEAM Performance Management

There is nothing like one metric rule in employee evaluation for manufacturing; instead, it is a combination of both quantitative and qualitative metrics. The metrics also provide them with substantial information that’s necessary for decision-making.

8 HR Metrics to Start Tracking in 2018

Reflektive

The most important human resources metrics are the ones that tie into the company’s high-level goals and bottom-line numbers. Here are some HR metrics examples that speak to executives. Early turnover usually indicates a failure within the recruiting and hiring process. The total cost of hiring a new employee, factoring in recruitment, lost revenue, training, and onboarding. Revenue-per-employee is a great metric for assessing the overall health of your company.

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. 5 Manager Effectiveness Metrics for Administrative Managers. Must-have administrative manager effectiveness metric #1: Engagement score. 3 Manager Effectiveness Metrics for Mission Managers.

Key hiring metrics: Useful benchmarks for tech roles

Workable

How does your tech recruiting process compare to that of other companies? 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? and curator of the popular newsletter Recruiting Brainfood , told me: “I have no idea what a number means unless I have something to compare it with.” Key Hiring Metrics for tech: 5 Takeaways. Blog Recruiting

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. The Houston Chronicle outlined regular appraisals, productivity tests, 360-degree feedback, and management by objectives as a few common forms of measuring individual performance 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. There is a lot of data out there, but what are the most important metrics to look at? Here are seven recruitment metrics we think you should be tracking and why: 1. Summary infographic on recruitment metrics.

HSD Metrics® Expands ExitRight® Staff With Hiring of Tina Califano

HSD Metrics

Covington, KY / July 1, 2019 – HSD Metrics ® , a human resources technology company with over 220 national and international clients, welcomes experienced professional, Tina Califano, to its high-energy team of consultants, analysts and researchers. Additionally, she will provide analysis and client support as HSD Metrics continues to build innovative offerings. Tina’s knowledge will enable HSD Metrics to expand its retention management consulting to clients.

The 21 metrics you need for Strategic Workforce Development

Analytics in HR

In this article, we will explore the key metrics that you need to prepare your organization for the future. For this article, I want to zoom in on the data and metrics that are useful to create in the Strategic Workforce Development process and why. The following metrics are crucial in creating a relevant overview for each target group. Now, if you already have these metrics in a dashboard, great!

5 Metrics for Remote Workers You Should Track

Fond

Metrics for remote employees are changing rapidly, along with the way employees spend their workdays. New metrics for remote workers that balance business needs with employees’ well-being are on the rise. Here are six metrics for remote workers you should be tracking that are essential to your business. One metric for remote employees is keeping track of overtime and hours worked. This metric can have an impact on the employee experience.

What Metrics Predict Candidate Success?

Eightfold

Recruiting is often a numbers game, and the numbers aren’t always promising for employers. In a data-driven world, recruiters and hiring managers can track dozens or even hundreds of variables related to job candidates. What Are Recruiting Metrics and Why Track Them? Tracking metrics that are relevant to your company’s hiring goals can help companies better understand and improve their hiring processes, says Erik van Vulpen , founder of the Analytics in HR blog.

Who Wants to Be a Metric-Aire?

marenated HR

If you’ve been in HR for any amount of time, you know that people want to hear about metrics. Whether it’s a vendor telling you about their metric heavy dashboard, a VP of Talent Acquisitions spouting the metrics she watches, or a recruiting admin trying to make sense of the numbers his boss is throwing at him, metrics are a big part of the job. Are you an #HR genius but unsure about what part metrics play? Metric #2 – Quality of Hire.

HSD Metrics® Expands Staff With Hiring of Brittany Tony

HSD Metrics

Covington, KY / January 1, 2020 – HSD Metrics®, a human resources technology company with over 230 national and international clients, welcomes experienced professional, Brittany Tony, to its high-energy team of consultants, analysts and researchers.

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. Source of hire shows what percentage of your overall hires entered your pipeline from each recruiting source (e.g. This information helps you plan your recruiting budget and allocate resources for the most effective recruiting channels.

21 Employee Performance Metrics

Analytics in HR

Employee performance metrics are key to tracking how well employees are performing. However, when done right, employee performance metrics benefit both the organization and the employee. We listed the most important ones below and included some practical examples of each metric. There are various kinds of employee performance metrics. Work quality metrics. Work quantity metrics. Work efficiency metrics. Organizational performance metrics.

Applying Employee Performance Metrics towards Retention of Key Employees

AssessTEAM Performance Management

It will have to recruit new people and take them through training – and if it happens on a regular basis, then the process becomes costly. They often are paid well and may get special benefits as an incentive to stay with the company. In the end, they are recognized as important persons in maintaining the investment as well as supporting relations. Employee performance metrics is the best way to track the performance of key employees in a company.

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

Analytics in HR

If you do not define what ‘good performance’ looks like and how you can measure it, how will you find out if you’re doing well? KPIs are strategic metrics. Only metrics that have a direct link with the organizational strategy can be called KPIs. Human Resources key performance indicators (HR KPIs) are metrics that are used to see how HR is contributing to the rest of the organization. This reduction could be applied to recruitment cost, for example.

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. So what are the key HR metrics that should be part of your standard HR metrics dashboard ? Here’s an overview of HR metrics that matter: What are the most important HR metrics? These key HR metrics include: Cost per hire.

Qualified job candidates per hire: recruiting metrics that matter

Workable

How and what we need to measure in recruiting remains an active discussion. While there is plenty of data on offer from key recruitment metrics, interpreting that data in a way that will improve your hiring process is complicated. Following the release of Workable’s new Reporting Center we’re taking an in-depth look at the four key performance indicators (KPIs) we think are worth tracking in recruiting. and why it’s a recruiting metric that matters.

The Reason Companies Should Calculate Cost Per Hire

HR Bartender

Personally, I’m a big fan of the cost per hire metric. Basically, here it is: CPH = (External Recruiting Costs + Internal Recruiting Costs) / Total Number of Hires for a Time Period. External recruiting costs include agency fees, advertising, job fairs, college recruiting, relocation, etc. Internal recruiting costs include salary and benefits for everyone involved in the recruiting process as well as recruiting software, etc.

The questions your key recruitment metrics need to answer

Workable

Hiring metrics, reports and Key Performance Indicators (KPIs) are only as useful as the questions they answer about your business. So, before we talk about the myriad of hiring metrics we can measure and plot in recruiting, let’s take a moment to think about what we’re trying to learn and why. You need to know how good you are at finding and attracting qualified people, also known as recruitment metrics analysis. Blog Recruiting

You Should Always Be #Recruiting – Friday Distraction

HR Bartender

I’ve always found the time to fill metric useful. So when I saw this Time Well Spent cartoon from our friends at Kronos , I knew I had to share. You Should Always Be #Recruiting Click To Tweet. The post You Should Always Be #Recruiting – Friday Distraction appeared first on hr bartender. Business and Strategy Consulting HR Tech and Social Media Leadership and Management Recruiting and Retention technology

Key Metric Tracking – How It Helps Enhance Your Hiring Strategy

SutiHR

Organizations that use hiring metrics are better positioned to measure the effectiveness of their hiring strategy. By assessing the hiring pipeline with well-known Key Performance Indicators (KPIs), you can better evaluate the condition of your talent pool and find out where processes could be enhanced. The main goal of recruitment optimization is to place eligible candidates faster while simultaneously enhancing the candidate experience.