Brian Balfour

MARCH 21, 2017

Most growth communities, forums, and email lists will inevitably have that thread that goes: “Hey, what are the benchmarks everyone’s seeing for X?” I constantly find people seeking out benchmarks or pointing to benchmarks, and we’ve all been there -- who doesn’t want some normalizing data to understand whether we’re on track or not?

Benchmarking 40

Benchmarking Metrics eCommerce SaaS 40

AIHR

JUNE 13, 2023

Compensation structures establish clear goals, determine the right mix of fixed and variable pay , and create benchmarks that motivate salespeople to achieve targets and contribute to business growth. Sales incentive plan Rewards for meeting or exceeding predetermined objectives or metrics. Contents What is sales compensation?

Compensation 105

Compensation Sales Sales Metrics 105

Vantage Circle

APRIL 4, 2023

Embrace the following methods of leadership measurement and analyze the following key metrics with the help of the right tools- 1. Finally, don't forget to compare your findings to your past rates and the industry benchmarks to get a full picture. How To Measure Leadership Effectiveness? " Think about it.

Metrics 72

Metrics Employee Engagement Project Management Manager 72

15Five

OCTOBER 28, 2021

An effective employee engagement strategy can be broken down into 5 parts: assessment model, engagement ownership, business outcomes, leader accountability & development, and communication. But to take full advantage of its value, leadership must be willing to tie employee engagement metrics to business outcomes.

Employee Engagement 105

Employee Engagement Metrics Accounts Benchmarking 105

AIHR

FEBRUARY 1, 2024

Accounting Clerks, Payroll Specialists. When it comes to compensation metrics , accurate data is essential for benchmarking the competitiveness of your packages. Real-time dashboards generate insightful metrics on payroll costs, pay equity gaps, and churn rates to enable proactive decision-making.

Compensation 111

Compensation Manager Benefits Benchmarking 111

Zenefits

OCTOBER 11, 2022

Andrea Derler, Visier’s Principal of Research and Customer Value, says a few simple metrics can make sense of 3 of the biggest trends playing out in the workforce today: talent attraction and retention; diversity, equity, and inclusion; and leader’s data mindset. Are leaders using actual metrics or relying on gut feelings? Remember Me.

Metrics 52

Metrics Diversity Retention Inclusion 52

AIHR

OCTOBER 12, 2022

Variable compensation, also known as variable pay , is supplementary compensation typically tied to performance goals measured by specific metrics. Pay plans are structured with pre-determined performance targets appraised within a certain period and paid out if benchmarks are met. Take company culture into account.

Compensation 130

Compensation Benefits Metrics Implementation 130

Vantage Circle

JUNE 7, 2024

Features: Pulse Surveys Dashboard Multi-lingual, Multi platform friendly fully customizable employee surveys Anonymous feedback & Messaging AI driven insights Benchmarking Integrations Real time data & Analytics **Pros:**Comprehensive approach to employee experience, in-depth analytics, fosters continuous improvement culture.

Benchmarking 104

Benchmarking Employee Engagement SaaS Onboarding 104

Vantage Circle

NOVEMBER 15, 2024

Step 1: Identify Key Engagement Metrics The initial step to calculating ROI is identifying relevant metrics that reflect the impact of employee engagement on your organization. Here are some common metrics to consider: Productivity: Keep regular track of individual and team output after implementing engagement initiatives.

ROI 97

ROI Employee Engagement Metrics Benchmarking 97

AIHR

APRIL 30, 2024

This poses a challenge regarding the consistency of HR competence when compared to professions such as accounting, where formal standards and practices guide career development, Several HR professionals enter from social sciences and education, bringing strengths related to practices such as learning and development.

Education 116

Education Metrics Administration Benchmarking 116

AIHR

JULY 26, 2022

Mapping out a strategy of all the positions you need to hire and the recruitment expenses that go with it (job ads, staffing agency fees, onboarding costs) enables you to make an informed decision in planning your budget to account for your staffing requirements. Review the data you have in your HRIS, ATS and your headcount reporting.

Staffing 143

Staffing Recruitment Sales Sales 143

15Five

APRIL 16, 2024

However, onboarding the wrong software can result in wasted resources and a minimal impact on key engagement metrics such as retention, absenteeism, and turnover. For example, does the tool have dedicated account managers who support your business? Customer support New software often comes with a steep learning curve for employees.

Employee Engagement 98

Employee Engagement Software Onboarding User Experience 98

AIHR

NOVEMBER 28, 2022

HRs role includes: Determining whether a PIP is appropriate for the situation Working with managers to create the PIP to prevent bias and achieve the best outcomes Guiding employees and managers throughout the process Regularly check that targets are being met, as PIP objectives should always include deadlines to ensure accountability.

Metrics 126

Metrics Sales Sales Implementation 126

AIHR

DECEMBER 5, 2024

HR KPI examples HR KPIs vs metrics Characteristics of good HR KPIs Leading vs. lagging KPIs HR KPIs case study HR KPI template HR KPI best practices FAQ What are HR KPIs? Human Resources key performance indicators (HR KPIs) are strategic HR metrics used to assess how effectively HR supports the organization’s overall goals.

KPI 98

KPI Metrics Recruitment Employee Engagement 98

Eric Jacobson

FEBRUARY 5, 2024

That core consists of working through and with other people to create value while using financial concepts and metrics to maximize the value created for all company stakeholders. When it comes to Numbers, the traditional MBA goes much further than all but accountants, M&A specialists, and Wall Street wizards need.

Benchmarking 105

Benchmarking Manager Metrics Leadership Development 105

AIHR

FEBRUARY 6, 2024

Enjoy steady progress: Consistent goal setting and measurement of outcomes provide you with benchmarks to track progress, assess the effectiveness of your recruitment strategies , and tackle areas for improvement. Use metrics to evaluate your past performance. Include quantifiable metrics to track progress towards your goals.

Recruitment 105

Recruitment Metrics Media Retention 105

AIHR

JUNE 22, 2022

Benchmarking jobs against data collected and market intelligence to determine competitive compensation for each role. This provides a solid foundation through courses in business administration, finance, accounting, psychology, and HR. Collecting feedback on compensation-related issues through the above-mentioned research methods.

Compensation 98

Compensation Benefits Administration Human Resources 98

AIHR

AUGUST 26, 2024

HR tip According to Gallup , managers account for 70% of the variance in their team’s engagement levels. Learn how to measure and analyze employee sentiment data Get hands-on experience on how to measure and analyze employee sentiment metrics. eNPS questions for employees are based on a rating scale.

Metrics 69

Metrics Benchmarking Retention Employee Engagement 69

Vantage Circle

JANUARY 21, 2024

Key Takeaways The employee engagement index is a powerful metric quantifying staff's discretionary effort and emotional commitment based on survey responses. The bottom line, This simple metric gives priceless intel on discretionary effort and linking people's plans to real business results.

Employee Engagement 63

Employee Engagement Benchmarking Metrics Retention 63

Vantage Circle

APRIL 22, 2021

Vanity metrics like social media followers and website visits do not move your business forward. If a company’s culture is toxic or frustrating, the amount of money going into their bank account every pay period may be irrelevant to your staff. Teams will focus on giving employees a sense of purpose and less on vanity metrics.

Software 98

Software Metrics Benchmarking Banking 98

Growth Hacker

SEPTEMBER 30, 2022

Example 1: the company might be going through a fundraising moment, and the metric that will guide the entire narrative is expansion, so this should become the highest priority for everyone. For a growth team, this means deciding what focus (or Objectives and Success Metrics) they will tackle for the next four quarters.

KPI 96

KPI Revenue Reorganization Onboarding 96

15Five

MARCH 15, 2022

Read on to learn what DEIB means to the panelists, why it must be seen as more than merely metrics, and their tips for driving real change throughout your entire organization. She added that compared to diversity metrics, it’s harder to measure inclusivity and belonging. What is DEIB and what does it mean for HR leaders?

Inclusion 105

Inclusion Diversity Metrics Recruitment 105

Vantage Circle

MAY 20, 2022

Applicants increasingly look to diversity metrics, especially younger Gen Z workers who are more concerned about the ethics of their employers. " She adds that "internal alignment allows for accountability and trust and opens the door for conversation, powering future initiatives and fueling deeper understanding."

Inclusion 98

Inclusion Diversity Education Recruitment 98

15Five

MARCH 3, 2023

It’s not enough to simply collect engagement data — those findings need to be treated as a key business metric, just like customer acquisition or gross sales. It’s also common to lean on subjective, vague employee engagement survey questions created by the surveying manager themselves, or on simplistic metrics like Net Promoter Score.

Employee Engagement 98

Employee Engagement Metrics Human Resources Benchmarking 98

Andrew Chen

AUGUST 6, 2018

While DAU/MAU — dividing daily active users (DAUs) by monthly active users (MAUs or monthly actives) — is a common metric for measuring engagement, it has its shortcomings. Note that using DAU/MAU wouldn’t be the appropriate metric for this product as it’s not designed to be a daily use product.

SaaS 111

SaaS Metrics eCommerce B2B 111

15Five

JANUARY 18, 2024

But tracking, managing, and lowering this metric isn’t as simple as it seems. I feel like we’re constantly losing people”) into hard facts you can compare to industry benchmarks (e.g. Often, organizations will use an average number of employees over that period rather than an absolute number to help account for variations.

Retention 98

Retention Performance Management Compensation Onboarding 98

Andrew Chen

JULY 25, 2022

During a bull market, the primary metric that people talk about is just top-line growth — what’s your year-over-year growth rate. One metric that’s been recently popularized by David Sacks is the “ Burn Multiple ” — he defines it below: Burn Multiple = Net Burn / Net New ARR. The new normal.

ROI 85

ROI Revenue Metrics Marketing 85

AIHR

OCTOBER 27, 2023

At the same time, compensation, benefits, and related taxes can account for up to 70% of business costs , highlighting the importance of getting comp & ben right at your company. The company has an open salary policy where all salaries are shared to foster trust and accountability.

Compensation 116

Compensation Benefits Insurance Sales 116

15Five

DECEMBER 27, 2023

HROD in the Spotlight Launched in June, the HR Outcomes Dashboard helps HR teams demonstrate greater strategic impact with real-time data and competitive benchmarks for employee engagement, retention, performance and manager effectiveness.

Performance Management 75

Performance Management Employee Engagement Benchmarking Performance Review 75

AIHR

JANUARY 24, 2023

This keeps you accountable and on track for success. It also maintains accountability while you strive to address the root causes of any inequalities in your workplace. Awareness and accountability Data can signal potential issues to address before they manifest into more significant problems or conflicts. Why collect DEI data?

Diversity 98

Diversity Employee Engagement Inclusion Compliance 98

AIHR

OCTOBER 5, 2023

Regular evaluation against these metrics allows for tracking the transformation’s effectiveness and making adjustments if necessary. Creating a RACI chart (Responsible, Accountable, Consulted, Informed) helps clarify who is responsible for what tasks and decisions.

Change Management 116

Change Management Implementation ROI Assets 116

AIHR

AUGUST 13, 2024

HR process example: Performance appraisals HR works closely with managers to set performance criteria and benchmarks. While job seekers take into account many other factors when considering job offers, the right compensation package is still essential to attracting and retaining top talent.

Human Resources 98

Human Resources Compliance Compensation Onboarding 98

AIHR

JULY 17, 2023

The task force aimed to drive systemic change by listening to those affected, setting goals and tracking relevant metrics, and creating new programs and processes as part of the solution. Establish diversity goals and metrics for hiring. Action plan Conduct a thorough review of existing hiring practices and identify potential biases.

Implementation 98

Implementation Inclusion Diversity Recruitment 98

AIHR

SEPTEMBER 13, 2023

Market research and benchmarking: Research and analyze compensation trends to ensure the company’s compensation packages are competitive within the industry. Equity plan design : Understand equity plan design considerations, such as vesting schedules, performance metrics, and plan documents.

Compensation 105

Compensation Human Resources Recruitment Administration 105

Vantage Circle

JUNE 7, 2024

Features: Pulse Surveys Dashboard Multi-lingual, Multi platform friendly fully customizable employee surveys Anonymous feedback & Messaging AI driven insights Benchmarking Integrations Real time data & Analytics **Pros:**Comprehensive approach to employee experience, in-depth analytics, fosters continuous improvement culture.

Benchmarking 52

Benchmarking Employee Engagement SaaS Onboarding 52

Vantage Circle

DECEMBER 28, 2020

Analyze the Metrics. The metrics of an organization can measure the efforts towards becoming an efficient workplace. Tracking efficiency with the right metrics helps in benchmarking performances accompanied by the optimized use of resources. They need to become accountable for their work. Numbers never lie.

Metrics 54

Metrics Benefits Benchmarking Revenue 54

Peter Winick

AUGUST 28, 2023

Whether you are responsible for starting a thought leadership function at a startup, or at a large company, you need to have the right talent, the right org support, and the right metrics to define success. It was a startup, a category created which was focusing primarily into skill assessments, a company by name, metric track.

Engineering 130

Engineering Sales Sales Marketing 130