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? If they only had time to focus on a handful of metrics, which ones should they consider?

19 Recruiting Metrics You Should Know About

Analytics in HR

Recruiting metrics are an essential part of a data-driven hiring and recruitment analytics. However, if you would keep track of every recruiting metric you could find on the web, you’d have no time left to do actual recruiting! What are recruiting metrics? HR Metrics

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

Paddle HR

When it comes to measuring the effectiveness of internal mobility efforts, success metrics fall into four categories: 1. Of course, this single metric alone doesn’t tell the full story of high performing internal mobility practices.

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. More Recruiting Metrics.

Candidate experience metrics FAQ

Workable

Here are frequently asked questions and answers on candidate experience metrics to help you create a welcoming hiring process for candidates and strengthen your employer brand: What is candidate experience? More Recruiting Metrics FAQs: Intro to Recruiting Metrics.

Cost-per-hire metrics, demystified

Workable

Cost-per-hire (CPH) is one of the most intriguing recruiting metrics. Their cost-per-hire formula is quite simple: Costs and number of hires both refer to a certain measurement period (e.g. SHRM and ANSI define this additional cost-per-hire metric.

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. Allow your metric data to guide you financially and highlight your best talent, serving as proof of your impact and a record of progress.

13 Product Management KPIs and Metrics You need to Know

SurveySparrow

You can use certain metrics that measure the product’s performance. Finding the right metrics to measure is pivotal to having a successful product strategy in place. Some of the metrics are best left untouched. #3 Product Management KPIs and Metrics.

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

Analytics in HR

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.

10 Metrics to Drive Hiring Success at Your Dealership

Hireology

Below, we’ve outlined several key hiring metrics – and why your team should be tracking this data and taking action based on the results. Hiring Process Metrics 1. To ensure your team follows the hiring process in place, you can tap into hiring metrics related to process adherence.

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.

Time to fill and time to hire metrics FAQ

Workable

This metric helps you plan your hiring better and also serves as a warning when your hiring process takes too long. This calculation should refer to the same time period. Track this metric internally and compare it over time. Recruitment process effectiveness metrics.

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.

3 Hiring Metrics Your Team Should Track to Boost Hiring Efficiency

Hireology

With the right recruitment and hiring partner, you can follow a repeatable, streamlined process and have access to hiring metrics that can help you drive hiring efficiencies. . To speed up your time to hire, (hiring velocity), your team needs to tap into the right hiring metrics.

The Diversity Metric You Aren’t Tracking Yet

Namely

Within Namely’s 2018 Workforce Diversity Report , one key table refers to a metric called Simpson’s Diversity Index (SDI), a metric that offers organizations a more robust way to “quantify” diversity. Richness refers to the number of different groups represented (e.g.,

8 key intranet metrics you should be tracking

ThoughtFarmer

Defining the right intranet metrics makes it easy to determine and measure success in your digital workplace. But before we get into the actual intranet metrics, it’s useful first to understand the importance of segmentation. 8 key intranet metrics. Community metrics.

The 5 Key Job Application Metrics You Need to Know

Yello

06/16/2017 // By tracy kelly // recruitment metrics. Here are the five job application metrics every recruiter needs to know to help improve the candidate experience. Use resume parsing technology instead of requiring candidates to enter full work histories, and don’t ask for references until the candidate advances through the process. The post The 5 Key Job Application Metrics You Need to Know appeared first on Yello. Recruitment Metrics

Company Culture Metrics Employers Must Track In The Digital Age

HR Digest

To indicate how welcoming a working environment is, there are key metrics to be considered. Below are a few company culture metrics employers need to track in this digital age. This means that the company’s talented employees are helping to expand the company’s talent pool by helping to refer and choose skilled and recognizable applicants. The post Company Culture Metrics Employers Must Track In The Digital Age appeared first on The HR Digest.

How to track time to hire metrics with Workable

Workable

These are questions you can answer by tracking the time to hire metrics. This metric refers to the number of days from when your eventual hire applies or gets sourced to when they accept your job offer. Why should I track time to hire metrics?

Reference Checks: Neutral is the New Negative, and Getting Negative Info is Gold.

The HR Capitalist

Got a webinar going today related to making your Talent/Recruiting metrics more strategic, and candidates knocked out by reference checks is one of many topics. When someone calls you up for a reference check and you do anything short of saying they''re unbelievable (they provided your name after all), it''s not being borderline neutral. Neutral is the new negative with reference checks.

Talent Acquisition Chatbots: Providers, Metrics and Everything You Need to Know [New Research]

Ben Eubanks

We answer that question in the report along with sample data on ROI, metrics to consider, and more. For reference, the simplest form of a chatbot will interact with visitors to a website, ask and answer questions, and take users through a pre-defined series of steps to the conclusion.

Recruiting Metrics that Measure Greater Company Health

Entelo

Indulge me in my assumption that you've spent a not inconsiderable amount of time trawling the blogosphere for advice on recruiting metrics. What recruiting metrics do you use to help you assess organizational needs? Recruiting Metrics

Qualified job candidates per hire: recruiting metrics that matter

Workable

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. and why it’s a recruiting metric that matters. Benchmarks and recruiting metrics. Time to hire : The efficiency metric.

‘Time to Fill’—Worst Metric Ever?

HR Daily Advisor

Since “Time to Fill” is a metric determined by how much time hiring managers (HMs) take to fill a position, it’s a terrible measure of recruiter productivity. Reference check and offer approval. Perform on metrics that matter, such as speed and quality.

6 Key Talent Acquisition Cost Reduction Metrics

Cielo HR Leader

There are six talent acquisition metrics that all organizations must track to identify where costs can be reduced and where improvements can be made to protect revenue, improve efficiency and increase quality of hire.

Kyle Lagunas on Why Talent Teams Aren't Tracking Recruiting Metrics

Entelo

Kyle Lagunas, talent acquisition research manager at IDC , pointed out that no recruiter is going to claim recruitment metrics aren't important. At his core, Lagunas is a data guy, urging talent teams to move past vanity metrics that only serve to prove how much work recruiters are doing.

Why Tenure Metrics Matter: The Value Of A Stable Workforce 

SuccessFactors

Employee tenure is one of the oldest human capital metrics. But research indicates tenure is a valuable metric of workforce stability that can help companies maintain steady performance in a world of accelerating change. But tenure is not a trivial metric to be ignored.

Remote Workforce NPS: The Most Important Metric You’re Missing

ConnecTeam

There are so many different metrics and acronyms, you’re forgiven if you don’t recognize this one. NPS may be the one metric you’ve never heard of that meets the speed and flexibility of the modern workforce. When low scores correlated with recruitment process feedback, they focused improvements and now employees are more likely to refer friends. The post Remote Workforce NPS: The Most Important Metric You’re Missing appeared first on Connecteam.

Playing the Numbers Game: Metrics That Matter When Sourcing Talent

Oracle HCM - Modern HR in the Cloud

So it’s not surprising that metrics have become an important way to understand what’s working and what isn't. Here are eight of the most important metrics HR can track. This statistic is cited by the Society for Human Resources Management ( SHRM ) as one of the top most helpful HR metrics. Many HR departments use metrics that let them estimate how much value each new hire brings to the organization. Employees are the lifeblood of every company.

7 Ways to Minimize Cost-Per-Hire

PandoLogic

Along with source pipeline, candidate quality, long-term retention, and other key performance metrics, tracking your cost-per-hire will help you to understand the performance of your recruiting initiatives better and minimize your expenses across the board.

4 Strategic Ways to Keep Remote Employees Engaged

HSD Metrics

The problem for American businesses is that employee engagement is closely aligned with other metrics— those with the potential to do serious harm to business viability. ” That’s how Deloitte refers to the tools that help employees succeed.

Leaving the Present in the Past

HRchitect

Then, look at the big picture metrics such as FTEs involved, cycle times, and quality for the entire process. Use your extra month to see demos, check references, and carefully review contract terms. Written by: Bill Buttimer.

The Metrics That Really Matter in Recruiting (And the Ones You Can Ignore)

Linkedin Talent Blog

In fact, activity or efficiency metrics become counterproductive if they mask activity for progress. At the event, one recruiter leader asked me what metrics do matter. Given this strategic target, below are the metrics I suggested should be tracked. Metrics you should track.

Planning your recruitment budget for 2020: expert advice from a finance VP

Workable

contacting references. Or, as Craig suggests, invest in a referral program to get more internal referrals – because referred candidates tend to stay longer with the company, your recruitment costs will go down. Metrics HR Toolkit Tutorials Executive HR costs Recruiting strategy

5 Ways Online Reference Checking Can Help You Give Your Clients More of What They Need and Become A Better Partner

SkillSurvey

Online reference checking can help you do just this – and help you give your clients what they need: a true business partner who can give them better candidates, faster. Let’s take a quick look at five ways online reference checking can help you become more successful. You’ll be able to gain faster responses (often in less than two days) from an average of 4 references per candidate (50% of which are current or former managers). It’s a competitive market out there.

Incentives and The Rule of Three

Compensation Cafe

No more than three metrics (KPI), no more than three defined goal levels, no more than three incentive plans for any one individual. Three metrics gives enough room for differentiation, while also providing enough weight to each metric to ensure it has a measurable impact.

A Comprehensive Guide to Building a Talent Management Process

Digital HR Tech

Talent management refers to the process of managing employees. Other instruments include IQ tests, work tests, personality assessments, and reference checks. Digital HR Employee Experience Employee experience succession planning talent management talent management metrics