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? 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. Training Effectiveness is also very valuable.

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. We were spending hours recruiting, training (each employee received over a dozen hours of training before starting work), and coaching these people, only to have all of that effort wasted. The future of recruiting metrics.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

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. 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.

Employee Training Metrics: 7 Ways HR Experts Use Them

Kitaboo

How do you measure the effectiveness of a training program? But there has to be other means for tracking employee training metrics. How else would you know if the training plan which you so carefully designed and implemented is actually showing results? Metrics are a standard of measurement which is used to assess the performance of your employees based on what they have learned and their ability to apply it skillfully.

People, HR & Analytics

Speaker: Rodney B. Bolton SPHR, CEO, HR BIZZ

Join us to learn how to empower your organization to align metrics with strategic business goals, using HR analytics. Establish effective training and career development paths for all employees.

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. We were spending hours recruiting, training (each employee received over a dozen hours of training before starting work), and coaching these people, only to have all of that effort wasted. What do you think of first year retention as a metric?

Beyond HR KPIs: Strategic Metrics for Organizational Development

Analytics in HR

So, what’s new in the HR metrics field? Specifically, we are talking about: Employee Characteristics ; Leadership ; Teams ; HR processes ; Innovation Culture ; and Wellness at work. Second, there is the issue of developing new metrics. Wellness at work).

Measure Training Effectiveness by Results, Not Hours

HR Bartender

Years ago, I attended a training session where the instructor said that he knew participants we’re “getting it” because they started asking questions. Whether the questions happen during the actual training or after the session, questions can be an informal gauge of training interest. Of course, that’s not the only training metric or measurement. You’ve probably seen the measuring training by hours approach at some point.

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! But first, let’s answer the question: What are recruiting metrics? What are recruiting metrics? Recruiting metrics are measurements used to track hiring success and optimize the process of hiring candidates for an organization.

Top 10 Recruiting Metrics that Every Manager Should Know

SurveySparrow

With the employment market getting more competitive, a vast majority of the hiring managers today rely on technology ( recruitment software ) and data-driven recruitment metrics to streamline the hiring process. What are Recruitment Metrics? Top 10 Recruitment metrics for every manager.

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?

Do Your Learning Metrics Invoke Emotion?

Cornerstone On Demand

Part of this was in part due to the great relationship we had with our CFO, who helped us identify some traditional and some unique metrics to measure. Measure What's Important to Your Audience Those in the role of training, learning and development have long followed theorists like Donald Kirkpatrick and Jack Phillips who offer excellent methods for demonstrating the value of programmatic learning.

Top 10 Customer Onboarding Metrics to Know About in 2020

SurveySparrow

Having customer onboarding metrics in place will ensure that if you are giving them the right treatment that they deserve. Top 10 Customer Onboarding Metrics of 2020. Different companies can have a variety of metrics. This is a metric that most SaaS companies should make use of.

8 HR Metrics to Start Tracking in 2018

Reflektive

The most important human resources metrics are the ones that tie into the company’s high-level goals and bottom-line numbers. Here are some HR metrics examples that speak to executives. Replacing a new employee sets back an already expensive process; lost productivity during new hire training costs nearly $44,000 over the employee’s first year. The total cost of hiring a new employee, factoring in recruitment, lost revenue, training, and onboarding.

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.

3 Steps To Leverage Training For Your Employees’ Well-Being

Vantage Circle

Organizations across industries are all facing a common challenge: maintaining their employees’ well-being. The 2019 L&D report identified three patterns in the training industry that illustrate the importance of L&D training for maintaining and improving your employees’ wellness.

How to Build a Wildly Impactful Employee Training Program

Trainual

It’s the more bang for your buck approach to employee training. . But very few companies actually have wildly impactful (or high impact) training programs. The ones that do enjoy a 24% higher profit margin than those with low impact training. No really – they simply invested in building a training program that produced sustained results. This means making sure what they trained on actually stuck. That means for the other 75% the money was not well spent.

Digital Transformation of Employee Training and Engagement

Rallyware for Human Resources

If you’ve been in a talent development role for a while you will no doubt have received marketing material for training solutions. There are many niche areas for employee training and engagement from sales techniques to onboarding and training software packages or management skills.

The 21 metrics you need for Strategic Workforce Development

Analytics in HR

In this article, we will explore the key metrics that you need to prepare your organization for the future. For this article, I want to zoom in on the data and metrics that are useful to create in the Strategic Workforce Development process and why. The following metrics are crucial in creating a relevant overview for each target group. Now, if you already have these metrics in a dashboard, great!

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.

Applying Employee Performance Metrics towards Retention of Key Employees

AssessTEAM Performance Management

It will have to recruit new people and take them through training – and if it happens on a regular basis, then the process becomes costly. They often are paid well and may get special benefits as an incentive to stay with the company. In the end, they are recognized as important persons in maintaining the investment as well as supporting relations. Employee performance metrics is the best way to track the performance of key employees in a company.

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.

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. Human Resources key performance indicators (HR KPIs) are metrics that are used to see how HR is contributing to the rest of the organization. Training effectiveness : Training has to be effective to reach its goal(s).

10 Features to Look for in Corporate Training Solutions

Kitaboo

Corporate training solutions have evolved over time. It has grown into an all-in-one tool where companies can monitor the growth of their employees, employees can track their own metrics and learn at the same time. Here are the Best Employee Training Tools for Your Business.

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.

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. 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? Are you looking to raise awareness of health issues and improve engagement in the 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.

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?

What’s Better for Your Employees – Digital Training or Instructor-Led Training

Kitaboo

You must be aware of this scenario where a new employee joins your organization and spends all the working hours for the next couple of weeks in the training room. Two weeks of training equates to around 90 hours! Not saying training isn’t important. But when you can train them on the job, why not explore that option? Isn’t this more productive than spending 90 hours solely on training? Pros and Cons of Digital Training.

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. Without tracking this metric, not only will your team struggle to keep up with submissions, but you won’t be able to draw any interesting insights on a company-wide or team scale.

How to Make Workplace Safety Training Modules Future Ready

Kitaboo

Safety training is an indispensable part of organizational training. Every employee who joins an organization has to undertake health and safety training in order to understand the safety practices and protocol of that place. And just like we future proof everything else in business, workplace safety training modules too, must be made in a way that is always future ready. Also read: [Guide] How to Deliver Workplace Safety Training on Mobile Devices.

5 Ways Companies Are Using Virtual Employee Training

Eagle's Flight

Prior to COVID-19, a Deloitte study found that just 1% of a typical work-week was spent on training and development activities. So, how do you train employees in a world where in-class training is largely not a viable option? You turn to virtual employee training. During this time of significant resource scarcity and budget cuts, investing in training that does not produce real results, and quickly, is simply not an option. Online Leadership Training.

HR Metrics that will Skyrocket Your Strategic Credibility

ApplicantPro

Having a solid grasp on HR metrics is the first step in adapting to our data-driven world. And yet, if your HR metrics focus only on your goals and don’t align with your organization’s bottom line, you could be inadvertently destroying your chances at ever claiming your rightful seat at the table. In other words, are your HR metrics easily translatable into the language of your business (money)? If not, it may be time to rethink and redesign your HR metrics strategy.

9 Talent Management Metrics You Need to Use

Digital HR Tech

Talent management metrics are tools to measure the inflow, throughflow, and outflow of talent in your organization. This article will explain the use of talent management metrics and why they should be tracked by any HR department. This dashboard is often used to keep track of the most important talent management metrics. Before we list the talent management metrics, it’s important to define what ‘talent’ is. Talent management metrics examples. Training spend.

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.

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. Here are the top 10 customer engagement metrics that you should know about. If you are focused on growth, there is no metric that is greater than this as it gives you a good idea of how satisfied your customers are with you.

3 Ways to Communicate Well During Any Culture Transformation

Eagle's Flight

Using clear, measurable terms in order to describe the change focuses employees’ energy in the same direction and has the added benefit of allowing you to track progress using metrics with which everyone is already familiar.

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.

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. OK, now that you understand segmentation, it’s time to determine your intranet (and/or extranet ) metrics. Below is a list of all the key intranet metrics you should be measuring, why they’re important, and how to measure them. Community metrics.

Key People Metrics to Monitor While Responding to a Crisis

Visier - Talent Acquisition

Crisis Management Stage 2: Critical people metrics to monitor. We started looking at the critical people metrics to monitor in our first blog post here ). The COVID-19 public health challenge has put employees through unusual levels of stress and required organizations to step up their internal communications, both to keep employees informed of changes to work schedules and facilities, as well as to provide general health information.