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? This is what accounting reports—the past. 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?

Employee Retention: Tomorrow’s Recruiting Metric

Lighthouse

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. I quickly identified a few key trends and highlighted them in the report I developed. Well, that depends on several things, including the recruiting process. The future of recruiting metrics.

The New Recruiting Metric: First Year Retention

UpstartHR

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. I quickly identified a few key trends and highlighted them in the report I developed. Well, that depends on several things, including the recruiting process. What do you think of first year retention as a metric?

Beyond HR KPIs: Strategic Metrics for Organizational Development

Analytics in HR

We will show that financial KPIs are not the end-goal – rather HR should step up its game and report on the leading indicators of organizational effectiveness. So, what’s new in the HR metrics field? Second, there is the issue of developing new metrics. Wellness at work).

The 5 Most Popular Recruitment Efficiency Metrics

Analytics in HR

Here are the 5 most popular recruitment efficiency metrics. Metric 1. What is the advantage of this metric? It allows communicating with a business, managing its expectations and undertaking recruitment activities well in advance. Metric 2. Metric 3.

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?

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.

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.

4 Key Reporting Metrics for HR Leaders

Motus

This same line of thinking also applies to which HR reporting metrics leaders should focus on to achieve business success. According to the HR Daily Advisor, a good first step when choosing metrics for your Human Resources team is to fully understand and align with business objectives defined by other members of your executive leadership team. For example, other areas for consideration are what data should be collected and the frequency of reporting on that data.

4 Key Reporting Metrics for HR Leaders

Motus

This same line of thinking also applies to which metrics HR leaders should focus on to achieve business success and this definition of success will also vary from business to business. According to the HR Daily Advisor, a good first step when choosing metrics for your Human Resources team is to fully understand and align with business objectives defined by other members of your executive leadership team.

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.

Increased Use of Metrics, Incentives among 2017 Wellness Program Trends

HR Daily Advisor

An increased use of metrics, incentive and wearables are three trends in wellness programs according to a survey conducted among 8,000 of America’s Healthiest Employers, a leading independent recognition program for U.S. The survey report, The State of Corporate Wellness, conducted by Springubk and Fitbit Health Solutions, reveals what America’s healthiest employers are doing to keep their workforce engaged and healthy.

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.

Recruitment process effectiveness metrics FAQ

Workable

Metrics help you identify strengths and weaknesses of your hiring process. 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? Track this metric to: Evaluate how effective your recruiting methods are in attracting suitable candidates.

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. Recruiting software can save you far more money than it costs by lowering your cost-per-hire and time-to-fill, increasing quality of hire, and improving other recruitment metrics.

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.

5 Tips to Improve Well-Being at Work

Achievers - Recruiting

Well-being at work is no longer a trend, but a priority. Take the Workforce Attitudes Towards Behaviour Health report , where 48 percent of respondents revealed that they have cried at work. Provide a sense of safety with financial well-being.

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.

Key hiring metrics: Useful benchmarks for tech roles

Workable

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? So, to help you determine how effectively your company hires for tech roles, we’ve created benchmarks of key hiring metrics based on anonymized data from millions of candidates processed in our system. This metric is part of the overall group of metrics called recruiting yield ratios.

HR metrics and Analytics: How both can add value

Analytics in HR

There’s a lot of confusion about the difference between HR metrics and analytics. Definitions of HR metrics and Analytics. HR metrics are measurements used to determine the effectiveness and efficiency of HR policies. Metrics help compare different data points. The former are data points, the latter is the metric. Metrics don´t say anything about a cause, they just measure the difference between numbers. This is where the metrics come in.

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

Paddle HR

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. When it comes to measuring the effectiveness of internal mobility efforts, success metrics fall into four categories: 1.

How to Get Over Your Fear of Wellness Metrics

Viverae

It’s the middle of the afternoon on a Friday and your CEO just dropped by to schedule a meeting to discuss how the company’s wellness program is going. Time to dust off those trusty reports and put together a quick presentation. Nevertheless, a deeper understanding of your wellness data can help you discover what’s working well and what you can improve going forward. What are you trying to accomplish with your wellness program?

Overcoming Internal Communications Metrics Anxiety

Bonfyre

Despite the essential, strategic role internal communications metrics play in their profession, many communicators shudder at the thought of crunching numbers. Even communicators leveraging digital tools are still figuring out how to make internal communications metrics materialize. Consequently, these communicators will resort to measurement, well, half-measures, tracking how much content they’ve put out (i.e. Invest in systems that provide internal communications metrics.

How (and Why) to Start a Corporate Employee Wellness Program

Fond

They may be hardworking, but they are in desperate need of an employee wellness program. Starting an employee wellness program from the ground up doesn’t have to be a challenge. Why a Corporate Wellness Program Matters. Your C-Suite should champion your wellness program.

Too Much Information: When Metrics Meets Surveillance

Workology

What’s the line between workplace metrics, good communication and surveillance? Reported on by Cale Guthrie Weissman at Fast Company yesterday , the program’s features include internal chat, task assignment, metrics and “access to birds-eye cameras looking over the office’s entire open floor plan.” What’s different about this new wave of workplace metrics programs is transparency.

6 Important Customer Experience Metrics to Level up Your Game

SurveySparrow

You will be familiar with Customer Experience Metrics like CSAT, NPS, CES, etc. These metrics can influence your actions based on your goals and you can use it to improve your customer experience. 6 Effective Customer Experience Metrics. Do you have to measure all these metrics?

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.

How To Define And Use Metrics Effectively

SAP Innovation

When people are paid for performance, and their performance is measured via metrics or KPIs that are far removed from reality – and those metrics are used to dole out rewards or punishment, people find creative ways to game the system. In the short term, it appears that everything is good because the goals are met and trending in the right direction, but in the medium to long term, using these metrics has an adverse impact on the organization. How useful are more metrics?

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. KPI reports offer real, actionable data with which you can make smarter, informed decisions about hiring procedures.

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. Email open rate is a simple HR metric that measures how many recipients opened your emails.

The 2018 Emerging Jobs Report is Here!

The Tim Sackett Project

LinkedIn released their 2018 Emerging Jobs Report today and as always it’s packed full of some great information that speaks to where we see the world of Recruiting today, but also what we need to keep our eye for the future! So, what stood out in the latest report? While the report is designed to make us believe it’s all about Tech hiring, it’s not really all about tech hiring! Were all super high on the list as well. Check out the report.

The 10 Company Culture Metrics You Should Be Tracking Right Now

CultureIQ

And everyone loves metrics. Therefore, when searching for culture metrics, it makes sense to follow the lead of companies that have had consistent financial and operational success, or in business jargon, high-performance companies. Using these qualities as metrics to track, business leaders can finally understand whether their company is on the path to culture success. Wellness. Workplace wellness encompasses the mental and physical health of employees.

3 HR Metrics That Matter

Zenefits

In fact, according to Deloitte’s 2017 Global Human Capital Trends report, 71 percent of companies report that people analytics – “using digital tools and data to measure, report and understand employee performance” – is a high priority in their company. I asked human resources experts to weigh in on the HR metrics that matter most, and why. #1 Labor productivity is a critical HR metric because it encompasses several important aspects of human resources.

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.

[New Report] How to Make a Business Case for Social Recognition

WorkHuman

It’s packed with the latest industry studies and statistics that show the proven links between social recognition and quantifiable business metrics. Download the full report to take a deep dive into each of these ROI drivers. You’ll also get recommendations based on the research, as well as success stories from companies like JetBlue and Intuit that have found success with social recognition.

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How To Define And Use Metrics Effectively

SAP Innovation

When people are paid for performance, and their performance is measured via metrics or KPIs that are far removed from reality – and those metrics are used to dole out rewards or punishment, people find creative ways to game the system. In the short term, it appears that everything is good because the goals are met and trending in the right direction, but in the medium to long term, using these metrics has an adverse impact on the organization. How useful are more metrics?

Company News: Talmetrix Acquires Seattle-Based Critical Metrics

Talmetrix

Talmetrix Acquires Seattle-Based Critical Metrics. a leading Cincinnati-based employee feedback and talent analytics firm, today announced the acquisition of Critical Metrics LLC, a Seattle-based boutique consulting firm specializing in employee engagement and human capital ROI.

Is Wellness ROI Becoming Passé?

Sonic Boom

Companies looking for – and worse yet, companies claiming – an ROI on a corporate wellness program are typically engaging in what we call “magic math.” What’s the metric? While biometric improvement is nifty and intuition would tell you that you’re going to save money if people’s biometrics improve, can a wellness vendor really claim that $X in savings will be the result? Healthcare costs are lower, but can we thank the wellness program for that? It should be.

Wellness: The Next Generation

HRO Today

Investing in a holistic well-being benefits strategy is a win-win for employees and employers alike. Wellness has become a popular catchphrase. Employers are now truly seeing how well-being is contributing to organizational effectiveness and the bottom line, if only indirectly. Well-being programs also result in other qualitative benefits, such as enhanced perception of the organization as a great place to work, increased employee engagement, reduced distraction, and more.

How To Define And Use Metrics Effectively

SAP Innovation

When people are paid for performance, and their performance is measured via metrics or KPIs that are far removed from reality – and those metrics are used to dole out rewards or punishment, people find creative ways to game the system. In the short term, it appears that everything is good because the goals are met and trending in the right direction, but in the medium to long term, using these metrics has an adverse impact on the organization. How useful are more metrics?