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?

Employee Retention: Tomorrow’s Recruiting Metric

Lighthouse

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. Well, that depends on several things, including the recruiting process.

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Measure for Measure: The Evolution of Recruiting Metrics

Visier

Operational metrics are no longer enough. To truly understand the impact of this kind of strategic talent acquisition process, organizations are looking to a much broader set of recruiting metrics.

What Metrics Predict Candidate Success?

Eightfold

For instance, the average cost to hire one employee ranges from $4,000 to $7,645, depending on the types of companies studied, says Aleks Peterson at Glassdoor. What Are Recruiting Metrics and Why Track Them? Track These 6 Candidate Success Metrics.

Virtual HR Training Event: HR Metrics and Change Management

Lighthouse

In the last few weeks I’ve had the pleasure of visiting Toronto and the Caribbean to speak about metrics, evidence, and leading change. Here’s the schedule: Tuesday, March 6th Metrics: Measuring HR’s Business Value. HR Measurement Metrics Webinar

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.

Mini Virtual HR Conference: HR Metrics and Change Management (2 Free Business Credits)

UpstartHR

In the last few weeks I’ve had the pleasure of visiting Toronto and the Caribbean to speak about metrics, evidence, and leading change. Here’s the schedule: Tuesday, March 6th Metrics: Measuring HR’s Business Value. Session 1: Metrics: Measuring HR’s Business Value. “If Explore examples of balanced scorecards and unique metrics created to align with business objectives, as well as case studies of metrics in action.

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.

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.

Wellness Programs that Make An Impact

HR Daily Advisor

Can a workplace wellness intervention help improve employee vitality and purpose? A recent study suggests that it just might. co-author and Vice President, Behavior Science & Advanced Analytics at Johnson & Johnson Health and Wellness Solutions.

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.

15 HR Analytics Case Studies with Business Impact

Analytics in HR

For this article, I have collected 15 of the best HR analytics case studies I’ve come across in the past two years. Each of these case studies are connected with a concrete business impact. For each case study, I will refer to their original publication.

How to Improve Employee Engagement By Studying Your Employees

SocialChorus

Understanding your employees by studying data about them takes the guesswork out of strategy building, and helps you deliver a seamless, tailored employee experience (much like a customer experience). Take a page from Marketing’s playbook.

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Five metrics your performance management system should be tracking

Impraise

Here are the top five metrics your performance management system should help you track. Participation rate of performance reviews and surveys This is one of the most basic metrics you should be measuring through your performance management system.

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.

Gaps in Planning Impact Ability to Manage Benefits Costs, Says Study

HR Daily Advisor

A new study explores the complexity of managing benefits and the value of multiyear planning to better position Human Resources as business strategists to the executive suite. Download the 2017 HUB Benefits Barometer Study: Why Human Resources Must Take a Long-Term to learn more.

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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.

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.

3 HR Metrics That Matter

Zenefits

I asked human resources experts to weigh in on the HR metrics that matter most, and why. #1 L uckily, there are many convenient productivity measures, says Langbert, who adds that these measures may combine using HR metrics with other analytics, such as sales. Labor productivity is a critical HR metric because it encompasses several important aspects of human resources. The studies back up this idea. The post 3 HR Metrics That Matter appeared first on Zenefits Blog.

People Analytics Case Study: How HR made customers happy

Analytics in HR

At AIHR we get a lot of requests for case studies to make the analytics process more tangible. In their new book, Predicting Business Success , Scott Mondore and co-authors provided one of the most interesting studies we’ve come across.

Taking the Temperature of Health and Financial Wellness Programs

Employee Communications Council

When it comes to well-being in the workplace, which extends to one’s personal life, there are two key points to consider. When the two are put together, the result is a useful health and financial wellness program and a better-run company. Health and Financial Wellness

Are Your HR Metrics Outdated? Try These Four

Namely

When it comes to getting a full, clear view of a modern workplace and the people in it, standard HR metrics—productivity, costs, and turnover—just don’t cut it anymore. Better metrics make managers react proactively—rather than reactively—to changes in workplace culture and employee engagement. That’s not to say that tracking standard metrics is no longer necessary. That’s where the following metrics come into play. Metric 1. Metric 2. Metric 3.

Tracking employee health metrics: Great idea or big mistake?

Insperity

Some wellness programs ask employees to volunteer information, such as whether they smoke or exercise. A word of caution: Be careful about implementing wellness programs that require participation, or penalize employees who are unable to participate. If not designed correctly, these wellness programs can violate federal laws such as the Health Insurance Portability and Accountability Act (HIPAA) and the Affordable Care Act (ACA).

4 Strategic Drivers of General Motors’ Adoption of Recognition Technology [Case Study]

Lighthouse

Some quick stats on GM, one of the most well-known companies in the world: More than 170,000 employees globally. The post 4 Strategic Drivers of General Motors’ Adoption of Recognition Technology [Case Study] appeared first on Lighthouse Research & Advisory.

HR Metrics You Must Track and Optimize This Year - Sapling Blog

Sapling

Tracking and optimizing for the right HR metrics can help keep a pulse on retention and elevate your HR and People Ops functions in the process.Employee turnover rate First thing’s first: you should track your employee turnover rate monthly and annually. Break this metric up further by also looking into:Voluntary versus involuntary turnover: Dig further into the reasons for turnover by understanding whether the employee quit, or was let go, and why.

IRF value study examines ROI for incentives programs

Maritz Motivation

If so, your fears are well-founded, suggests Award Program Value & Evidence , a new study by the Incentive Research Foundation. We’ve already looked at one large component of this IRF study, discussing ways in which non-cash tangible rewards often outperform their cash counterparts. Which metrics are they measuring? One study determined that 73 percent of firms measure productivity, while 49 percent track retention tied to their programs.

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Case Study: Fox Motors Hires 1,400 Employees Through Partnership with Hireology

Hireology

The leadership team was looking to drive consistency across all Fox Motors locations, as well as set up new stores up for success as they join the Fox family through acquisitions. We recently pulled together a case study featuring several key metrics as a result of the relationship.

7 Examples of Well Written Job Descriptions [With Tips!]

Ongig

Well written job descriptions aren’t easy to come by. Below are 7 tips based on examples of well written job descriptions I found on the web. Tip #1 for Well Written Job Descriptions: Use Questions. Well written job descriptions are conversational.

Entelo Study Shows Healthcare Recruiting Is Ripe For Automation

Entelo

Healthcare recruiters may believe in the power of outreach data but many have yet to use key outreach metrics to inform their strategy. The war for talent doesn’t end once a candidate signs an offer letter– companies that invest in their workplace culture have learned this lesson well.

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New Study Shows Leaders Adopting Collaborative Enterprise Planning

SAP Innovation

According to a new study by Ventana Research, the leaders in collaborative enterprise planning have found that this approach has increased the success of their strategic plans while decreasing the odds of disruption. Part 1 in a 2-part series.

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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.

10 Smart Strategies to Enhance Employee Experience

HSD Metrics

Increasingly, however, forward-leaning companies recognize the need to track a more comprehensive set of metrics, one which encompasses the totality of interactions workers have with the businesses for which they work. Help your employees get and stay well.

3 Examples of Evidence-Based HR in Action

UpstartHR

Last week I had the pleasure of presenting a workshop based on metrics, evidence-based HR, and change management. You want to find information from a study or some other data-backed approach that helps to lend credibility to your eventual decision.

A new way to measure the return on your wellness program investment

HR Morning

One of the biggest of criticisms of workplace wellness programs is the fact that it’s difficult (if not impossible) to determine the dollars-and-cents Return On Investment (ROI). As a result, employers are turning to another metric to gauge the overall success of their wellness programs. .

Keeping Work Travel Balanced for Employees to Prevent Turnover

HSD Metrics

While only 12% of the employees included in the study traveled this frequently, employers should take considerations as to how travel plays into the physical, behavioral, and mental health of employees.