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

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.

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.

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.

Company Culture Metrics Employers Must Track In The Digital Age

HR Digest

The creation of company culture is to help establish a good and happy place of work for employers and employees, as well as to enhance productivity. 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. In such organizations, a vibrant, collaborative and thriving environment is created as well as leadership and professional growth.

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. Attract qualified talent with well-written job descriptions that help candidates understand the role, and track applicant counts to find out when to modify your talent acquisition strategy and recruitment marketing efforts. Track how many applications are completed, as well as how many are started.

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.

62

‘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. Contract well and live up to their side of the bargain.

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.

20+ Wellness Tips for the Workplace That Rejuvenate Employees and Boost Productivity

SnackNation

20+ Wellness Tips for the Workplace That Rejuvenate Employees and Boost Productivity. That’s why wellness tips for the workplace are so important. Focusing on wellness could be the antidote to workplace stress. Wellness Tips for the Workplace. Wellness comes in many forms.

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. This will be time well spent. Written by: Bill Buttimer.

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.

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.

A Comprehensive Guide to Building a Talent Management Process

Digital HR Tech

Talent management refers to the process of managing employees. Speaking of hiring the right people, a well-functioning talent management process also has a positive impact on your employer brand – and by extension on your recruitment efforts.

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

Ask a Manager

Unfortunately, what my grand-boss wanted to discuss was systems, metrics, repeatability — more of the systems-thinking side of the job than the human-thinking side of the job. I’m ready this time to talk about systems and metrics.” referencesIt’s five answers to five questions.

Quality Hires Take Front Stage. What’s the Catch? Paying Them Well

Compensation Today

New workforce study reveals quality is a number one concern for recruiters The newly released LinkedIn Global Recruiting Trends 2016 report, advised that four in ten talent acquisition managers around the world agree that quality of hire is the most valuable metric for future employee performance.

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).

Measuring Employee Engagement the Right Way

Digital HR Tech

Measuring employee engagement metrics. Examples of well-known providers include Gallup and Mercer. Measuring employee engagement metrics. In addition, the interventions to increase engagement are very well-documented.

A New HR Talent Management Model

Digital HR Tech

In the recruitment world, this is referred to as employer branding. Employees who are referred usually onboard faster, perform better and are less likely to leave prematurely. Non-financial incentives often work just as well, if not better! In addition, a good retention policy – and the use of talent management metrics – helps to build a competitive advantage. Related : 9 Talent Management Metrics You Need to Use.

What Former President Jimmy Carter’s Attitude Toward Death Can Teach Us About Life

Thrive Global

The themes that Carter references — family, giving, spirituality — are among the true metrics of a life well-lived. But that money and power will be no more permanent than we are,” Arianna Huffington, the founder and CEO of Thrive Global, wrote in her book Thrive: The Third Metric to Redefining Success and Creating a Life of Well-Being, Wisdom, and Wonder. Well-Being

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.

How Measuring Your Candidate Experience Can Pay Off

SuccessFactors

They won’t apply again, they won’t refer others, and they won’t buy your stuff. One company living up to these demands is Wells Fargo, a four-year CandE award winner. Wells Fargo launched its Candidate Experience Program in 2015 to deliver a best-in-class job seeker experience.

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.

3 Strategies for Investing in Yourself

HR Bartender

They offer bachelor’s, master’s, and doctoral degrees as well as certificate programs for human resources and business professionals. For example, let’s say one of your strategies is to learn more about human resources 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.

4 Ways to Measure the Success of Your HR Programs

HR Bartender

But the measurement and evaluation portion of any program needs to be well thought out. Reaction refers to the degree that participants found the program favorable. Any time you create a program, it’s necessary to measure the results.

Healthcare Hiring Transformation at St. Joseph’s Health

SkillSurvey

Part 2: Easy Reference Checks? We’ve seen some significant results in time savings, especially in the area of reference checking for Physicians, Nurses, and our non-nursing staff. Implementing Pre-Hire 360 ® from SkillSurvey to facilitate online reference checks has been a critical move in terms of both automation and insights. When we send reference requests to a candidate’s colleagues at all levels, we have been receiving (quickly) a great deal of information back.

are your employees as engaged as they say they are?

O.C. Tanner

For example, one common question in most engagement surveys is around the likelihood of employees referring the organization as an employer to their friends and relatives. Whether employees refer friends and relatives is rarely linked back to the survey response.

Prepare Your Questions For #HRTechWorld and #HRTechConf

In Full Bloom HR

So I have referred a lot of business to capable colleagues, suggested useful reading / conferences / discussion groups /etc., This will be a new implementation even if you stay with your incumbent’s next generation, so you might as well take a look around before you make these decisions.

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. Purpose Millennials might as well be known as the “do good" generation—they want a job that not only pays the bills, but also offers them an opportunity to contribute to a larger cause.

ATS 316

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.

Productivity Is King – Friday Distraction

HR Bartender

It also refers to the effectiveness of an effort, as in the output versus input. They decided that the productivity metric needed to be XX. That’s why this Time Well Spent from our friends at Kronos caught my eye. The term productivity gets tossed around a lot.

Employees Become Successful When They Know What Success Looks Like

HR Bartender

They’re linked to organizational KPIs (key performance indicators) – a business metric that determines if the company is achieving its goals.

Kronos 427

3 Strategies for Achieving Your Career Goals

HR Bartender

They offer bachelor’s, master’s, and doctoral degrees as well as certificate programs for human resources and business professionals. Well, there are some things we can ask for. For example, let’s say you want to learn more about human resources metrics.

Seven People Analytics Responsibilities of the Future CHRO

Visier

CEOs don’t ask for the metrics, HR does not deliver them effectively, or the CHRO is not using them to help connect people strategy with business strategy.”. She represents the business to the employee as well as employees to the business.

CHRO 329

Recruiting Analytics, Ownership, and Accountability (New Podcast)

UpstartHR

During the show we covered some of the interesting aspects that separate staffing and corporate recruiting as well as some of the common challenges and opportunities for recruiting leaders. Today the second episode of We’re Only Human aired on the HR Happy Hour Podcast Network.