LSA Global

JANUARY 6, 2025

We know from organizational alignment research that strategy accounts for 31% of the difference between high and low performing organizations. Highlighting trends, benchmarks, and potential challenges reinforces the business case for change and bolsters trust. Are you using data to challenge and align your strategic assumptions?

Benchmarking 67

Benchmarking Strategic Planning Accounts Implementation 67

AIHR

AUGUST 15, 2024

For example, the ratio of Business Partners to employees should not be based on a standard formula but should take the complexity of workloads and the operating environment into account. Similarly, organizations operating in different regions or states will need to take local regulations into account.

Implementation 98

Implementation Operations Digital Transformation Administration 98

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.

Compliance 98

Compliance Onboarding Human Resources Compensation 98

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

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

15Five

JANUARY 23, 2024

Key Metrics for Calculating Turnover To calculate a simple turnover rate, you only need two figures: Employee departures: The number of employees that left within the period you’re calculating for. Bureau of Labor Statistics is a great resource for benchmarking. Constantly replacing employees can be a drain on resources.

Benchmarking 116

Benchmarking Compensation Retention Onboarding 116

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 ROI 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

AUGUST 24, 2021

This can make it hard to benchmark the data and lead to too many possible courses of action. Be sure to know what your organization’s core metrics are and why they matter. Analysis centers on combining several different metrics and processes and displaying and sharing the data in various ways. Benchmark your results.

Employee Engagement 105

Employee Engagement Benchmarking Metrics Benefits 105

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 Metrics Benefits Benchmarking 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 105

Benchmarking SaaS Employee Engagement Onboarding 105

AIHR

APRIL 26, 2022

Key Results – A set of metrics that are used to measure how you are tracking where you are with the objective. KPIs are metrics that are strategically signed with the organizational objectives. Furthermore, using OKRs also helps keep individuals and teams accountable. Move compensation to 70% of the industry benchmark.

KPI 145

KPI Human Resources Employee Relations Retention 145

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

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 Compliance Benchmarking 111

UVA Darden

JANUARY 21, 2025

Our recent study, with Woonam Hwang of the University of Utah, sheds light on this important question by exploring the concept of managerial mental accounting and its impact on project outcomes. These processes often involve comparing the projects current state to a set of reference points or benchmarks. improved scope or quality).

Project Management 75

Project Management Real Estate Business Administration Benchmarking 75

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 Onboarding Sales 143

AIHR

APRIL 20, 2022

It is a financial metric that expands on the benefits and business results relative to a training program. You can measure each of these metrics differently. For example, you might need sales data such as new accounts added, number of sales, or churn rate. What is training ROI? Evaluation planning.

ROI 138

ROI Sales Sales Benchmarking 138

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 Implementation Sales Sales 126

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.

Metrics 116

Metrics Administration Education Benchmarking 116

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 75

Employee Engagement Benchmarking Retention Metrics 75

AIHR

MARCH 7, 2022

In that case, salaries should vary to account for the cost of living in different locations. Should you take into account the location of your employees for compensation? That is if you decide to take geographic differentials into account. Tracking compensation metrics. If so, why, and if not, why not? A final word.

Compensation 98

Compensation Benefits Compliance Metrics 98

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

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 Administration Benchmarking Human Resources 98

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 Implementation 98

Eric Jacobsen Blog

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 Metrics Leadership Development Manager 105

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 Reorganization Revenue Onboarding 96

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 Retention Onboarding 105

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 eCommerce 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 Benchmarking Human Resources 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

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 Metrics 116

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

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

MARCH 16, 2023

The AARRR model , also known as the Pirate Metrics model, is a popular framework that typically outlines the various stages of the customer journey. It also increases accountability as everyone in the organization better understands their role in achieving the set goals, promoting a sense of ownership and responsibility.

Manager 132

Manager Onboarding Retention Recruitment 132

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 Onboarding Compensation 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.

ROI 116

ROI Implementation Change Management KPI 116