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. Fitz-enz] I first became involved with HR, then called personnel and training, in 1969. Is there a place in HR for both metrics and analytics?

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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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.

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. Cost-per-hire calcuations don’t include any costs after employees are hired, e.g. training costs.

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.

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. Train hiring teams.

The Importance of Employee Training and Development

Close HR Connections News & Insights

Creating an effective training and development program. Opportunities should include not only skill training and development but also leadership and professional training and development. What is the difference between training and development? HR Advisory HR Training

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

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?

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.

4 Ways to Measure the Success of Your HR Programs

HR Bartender

It was created by Dr. Don Kirkpatrick in the 1950s and presents four levels for training evaluation: reaction, learning, behavior, and results. Reaction refers to the degree that participants found the program favorable. Training and Development learning training and development

3 Strategies for Investing in Yourself

HR Bartender

For example, let’s say one of your strategies is to learn more about human resources metrics. A book is reasonably priced, allows you to learn at your own pace, and you can keep it on your bookshelf for future reference.

3 Strategies for Achieving Your Career Goals

HR Bartender

For example, let’s say you want to learn more about human resources metrics. The book is reasonably priced, allows you to learn at your own pace, and you can keep it on your bookshelf for future reference.

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. Oh, and you can also use it for punch clocks, training, chats and all that.

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.

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.

4 Key Steps to Implement a Blended Corporate Training Program

Learnbee

Given below are 4 key steps you need to follow to design, develop and implement a blended training program. Build an employee profile The success of any blended training program boils down to meeting the needs of the employees.

A Comprehensive Guide to Building a Talent Management Process

Digital HR Tech

Talent management refers to the process of managing employees. When employees feel like they’re being heard, challenged and trained (among other things), there is a big chance they’ll feel satisfied with their job and the company they work for.

Upping your game: From functional experts to business advisers

Bersin with Deloitte

4 As Friedman states in his interview with Cathy Engelbert and John Hagel, “…the future of companies is to be hiring people and constantly training people to be prepared for a job that has not been invented yet. Capturing line-of-sight metrics. Learning Measurement Part 1.

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I bombed in an interview I asked for, employee wants to skip lunch and leave early every day, and more

Ask a Manager

Knowing this was effectively a job interview, I came prepared to discuss staffing, training, expectations, client engagement, priorities and goal setting, etc. I’d come prepared to talk about staffing, training, expectations, client engagement, priorities, and goal setting. references

Expert’s Top Tips for Training a Retail Workforce for the Holiday Season

SumTotal

For employers, this volume of new workers presents significant hiring, onboarding and training challenges. When onboarding for seasonal hires, adjust to specific roles and responsibilities but still include training in culture, vision, and company standards.

5 Must-Read Digital HR and HR Tech Articles of June 2018

Digital HR Tech

The top articles of June feature a piece about best-in-class diversity, five simple tactics to turn employee feedback into a habit, a piece on how HR metrics and analytics both can add value, what to think of when building a social army, and a video about robots replacing human beings (or not).

Upping your game: From functional experts to business advisers

HR Times

4 As Friedman states in his interview with Cathy Engelbert and John Hagel, “…the future of companies is to be hiring people and constantly training people to be prepared for a job that has not been invented yet. Capturing line-of-sight metrics. Learning Measurement Part 1.

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Handling Employees’ Summer Vacation Requests

HSD Metrics

No matter how requests are done, be sure your company is using a system to keep the scheduling organized for easy reference. While this option is not possible for everyone and may result in more of a headache if training is required, it is something to consider should the need arise.

Source of hire: what it is, how to measure it and how to use it

Workable

As with every recruiting metric , measuring SoH can be complicated but fruitful. Also, connect recruiting metrics to other results (e.g. Invest in training to help hiring teams combat their biases and make better hiring decisions.

The Key to Employee Engagement: Your Net Promoter Score

HR Bartender

But what if there was an engagement related metric that organizations easily understood? Think of it as “refer-ability”. The reason organizations use NPS as a business metric is because they can see a clear line of sight between it and business success.

what to say to an employee who’s requesting too much time off, training the person who’s taking your job, and more

Ask a Manager

I am working on establishing these metrics with them and getting to know how they work. We have to train the person who will be taking our jobs. To make matters worse, they actually sent someone over from India and made us train him in how to do our work. For weeks, I came to work everyday with the sole purpose of training the person who is taking my job. It’s five answers to five questions. Here we go…. How can I coach an employee to have more professional polish?

How to Create an Effective Learning Strategy Inside Your Organization (Part Two)

HR Daily Advisor

To get the most out of your training and development programs, it is necessary to have an effective learning strategy. In part one of this article , we discussed the importance of conducting a training needs analysis as well as identifying the organization’s capabilities.

Top 10 U.S. Cities Facing Aging Workforce Challenges

Burning Glass Technologies

Every workforce development agency has one metric they follow closely: the average age of their local workforce. According to the Bureau of Labor Statistics and the Population Reference Bureau , that number is projected to increase to 23% by 2030.

Patient Experience and Practitioners: Perfect Together?

SkillSurvey

Increasingly, provider compensation is being tied to a series of quality and safety metrics including patient satisfaction/experience ratings. Many other insurers have developed separate and similar schema for factoring patient satisfaction into quality based purchasing metrics.

How To Reduce Employee Turnover with Workforce Analytics

Visier

With voluntary resignations at an all-time high and unemployment rates historically low, employee retention is a key objective for most HR organizations, and employee turnover is the single most prevalent HR metric. These metrics help you accomplish this task: Resignation Rate.

Using Passion To Drive Purpose: Three Tips For Writing Effective OKRs

15Five

The abbreviated primer below on Best Practices for writing effective OKRs was created by Burst Forward , a consulting and training firm that has helped leadership teams in over a dozen industries with their annual goal-setting and strategy process, including 15Five customers.

Post-Interview Roundups: 5 Questions to Ask to Make the Most of Your Time

GoodTime

If interviewing is a muscle and interview training is your gym, then your post-interview roundups are competitions for you to show off your skills. Little things like sustaining eye contact, asking questions, and trying to start a conversation are all baseline metrics.

Post-Interview Roundups: 5 Questions to Ask to Make the Most of Your Time

GoodTime

If interviewing is a muscle and interview training is your gym, then your post-interview roundups are competitions for you to show off your skills. Little things like sustaining eye contact, asking questions, and trying to start a conversation are all baseline metrics.

ICYMI: What We Learned at SHRM 2019

Cornerstone On Demand

When people talk about diversity in the workplace, they are often referring to race and gender diversity. You can start by introducing these concepts as part of your mission statement or core values and training employees on empathy and emotional intelligence.

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How To Reduce Employee Turnover with Workforce Analytics

Visier

With voluntary resignations at an all-time high and unemployment rates historically low, employee retention is a key objective for most HR organizations, and employee turnover is the single most prevalent HR metric. These metrics help you accomplish this task: Resignation Rate.