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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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

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.

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.

Applying Employee Performance Metrics towards Retention of Key Employees

AssessTEAM Performance Management

Employee replacement costs a company about one-fifth of what the employee earns, this is according to a recent CAP study. They often are paid well and may get special benefits as an incentive to stay with the company. Types of employee 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.

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.

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.

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.

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.

10 Key Customer Engagement Metrics that Every CX Executive should Know

SurveySparrow

You can measure it by using various customer engagement metrics into consideration. 10 Key Customer Engagement Metrics . Customer Engagement Metrics are crucial indicators of how your business is faring in terms of engagement. It is the most popular transactional metric.

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.

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.

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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Global Study: How Media Companies Lead in Organizational Agility

Workday

Phase 2 of the study is being conducted as you read this, and we’d venture to guess that agility will be seen as an even more urgent imperative for business leaders. The media industry is accustomed to change—something that there’s been no shortage of in 2020.

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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.

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.

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. At Motus, the key HR reporting metrics are a direct result of the company culture we strive to uphold.

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.

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.

Major Studies Detail Correlation Between Employee Engagement and Retention

Hoops

. Recent Studies Detail Correlation Between Employee Engagement and Retention. The result, as the following studies suggest, can be dramatic improvements in both metrics. The types of engagement SHRM advocates are tied to organizational values experiences, which the survey results demonstrate outperform other programs on every metric evaluated. Companies appear to be doing fairly well by this standard, but more work remains for many employers. .

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 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.

COVID-19 Impact Study: Evolutions of In-House Executive Recruiting

Thrive TRM

Though both metrics subsequently stabilized, the number of new searches and closed searches in April were still down 36% and 32% , respectively, from the trailing 12 month average. The post COVID-19 Impact Study: Evolutions of In-House Executive Recruiting appeared first on Thrive TRM.

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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.

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

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.

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).

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.

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.

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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COVID-19 Impact Study: Aligning In-House Exec Recruiting with Corporate Strategy

Thrive TRM

Study them. Identify the business performance metrics that will directly impact executive hiring, and work with leadership to develop a series of contingent plans based on trigger points in the data.

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.

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. .

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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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.

People Analytics: Unlocking the Potential of Your Workforce

CakeHR

Instead of absorbing the costs of losing employees, organisations can mitigate against the impact low morale has on the organisation by measuring the happiness and well-being of their employees and putting a strategy in place to improve it!

Survale TM Launches New SurvaleRewardsTM to Reward Job Seekers and Employees for Providing Feedback

Survale

Survale is also releasing a new case study detailing how client Craft Brew Alliance has used Survale’s candidate feedback platform to show it generates revenue from job seekers purchasing beer from one of their many well-known brands as research in advance of applying for a job.