AIHR

JUNE 7, 2022

Let’s have a look at all you need to know about employee wellbeing metrics. Contents What are employee wellbeing metrics? Useful employee wellbeing metrics. What are employee wellbeing metrics? Proving the impact of wellbeing in the workplace is possible with employee wellbeing metrics.

Metrics 144

Metrics Employee Engagement Insurance Benefits 144

AIHR

AUGUST 5, 2024

Here’s how: Collect measurable, quantifiable data: You can use survey statistics to evaluate various metrics (e.g., employee satisfaction / employee engagement ) and benchmark them against previous quarters and top competitors. Tip 4: Benchmark the results Compare your survey results to internal, industry, or national benchmarks.

Benchmarking 105

Benchmarking Scaling Employee Engagement Implementation 105

AIHR

AUGUST 19, 2024

Establish and track employee experience metrics: Data provides tangible evidence of what works well and which issues to address to enhance the employee experience. This metric helps you gauge the employee experience levels in your organization. Collect employee feedback and external data to benchmark against competitors.

Onboarding 119

Onboarding Employee Engagement Metrics Diversity 119

AIHR

AUGUST 25, 2019

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! In this article, we’ll list the 17 most important ones for you. What are recruiting metrics?

Metrics 100

Metrics Recruitment ROI Onboarding 100

AIHR

MARCH 1, 2022

Tracking succession planning metrics helps you understand how you’re doing and what you need to do better. Let’s have a look at succession planning metrics your organization can learn a lot from. Common succession planning metrics 1. Other operational metrics. Common succession planning metrics.

Succession Planning 116

Succession Planning Metrics Talent Development Operations 116

AIHR

OCTOBER 8, 2024

Culture metrics provide crucial information into the ‘pulse’ and overall health of a company’s culture and work environment. Positive company culture has many business advantages, so you should know how to measure it and which relevant metrics to track. This article discusses 19 important culture metrics to track and why they matter.

Metrics 98

Metrics Employee Engagement Retention Onboarding 98

AIHR

JANUARY 11, 2022

Employee engagement metrics are increasing in importance as ways of working become more complex and remote. These metrics are a vital indicator of employees’ level of connectedness and motivation. So what employee engagement metrics should your track to create a motivated, engaged workforce? Employee retention rate 3.

Employee Engagement 98

Employee Engagement Metrics ROI Retention 98

AIHR

FEBRUARY 19, 2024

HR metrics provide a data-driven approach to managing human capital, offer insights into the effectiveness of HR practices, and ultimately predict the future. Let’s take a look at the commonly used HR metrics and how you can track and utilize them in your organization. Contents What are HR metrics?

Metrics 105

Metrics Recruitment Human Resources Revenue 105

AIHR

JULY 20, 2020

Time to hire is one of the best-known recruiting metrics. In this article, we will explain what time to hire is and how it differs from time to fill. We will also list time to hire benchmarks, explain how it can be measured, and end with the five most effective ways to reduce time to hire. Contents What is time to hire?

Metrics 127

Metrics Recruitment Benchmarking Human Resources 127

AIHR

MARCH 9, 2020

In this article, we will look at what the HR to employee ratio is, list factors that will influence this ratio, and give a benchmark of the HR to staff ratio. HR to employee ratio best practice Optimal HR to employee ratio benchmark. This metric provides a ratio that is indicative of the efficiency of HR.

Benchmarking 140

Benchmarking Staffing Metrics Human Resources 140

Vantage Circle

DECEMBER 19, 2023

Companies with data-driven PeopleOps teams use a range of metrics to gauge their success in retaining their workforce. This article explores these employee retention metrics. We’ll look at key metrics to track, as well as calculations, best practices, case studies, and more. What are Employee Retention Metrics?

Retention 105

Retention Metrics Human Resource Information Systems (HRIS) Employee Engagement 105

AIHR

JULY 20, 2021

” The quote is quite apt when it comes to understanding employee training metrics because how else can you show results and make improvements? Executives are typically skeptical about investing money into training without any clear outcomes or metrics. Contents What are employee training metrics?

Metrics 96

Metrics ROI Sales Sales 96

AIHR

MAY 24, 2022

We discuss HR effectiveness metrics in more detail below. Workforce and budget planning To understand how effective HR is in your organization, you’ll have to track and analyze various metrics. To measure the effectiveness of your HR function, you need to establish relevant metrics. Why should you measure HR effectiveness?

Metrics 98

Metrics ROI Recruitment Retention 98

AIHR

AUGUST 26, 2024

Learn how to measure and analyze employee sentiment data Get hands-on experience on how to measure and analyze employee sentiment metrics. Engagement metrics Employee engagement metrics you can use include attendance rates, turnover rates, and productivity metrics.

Metrics 69

Metrics Benchmarking Retention Inclusion 69

AIHR

OCTOBER 12, 2021

However, if you’re really looking to stand out and perform like your competitors, there are a few sourcing metrics you need to measure and optimize. What are the best sourcing metrics that help you make your sourcing process as effective and efficient as possible? Contents What are sourcing metrics? What does it measure?

Metrics 98

Metrics Recruitment A/B Testing Benchmarking 98

AIHR

MARCH 30, 2021

Quality of hire is a key recruiting metric that represents the value a new hire adds to your company , specifically, how much a new hire contributes to your company’s long-term success. ISO/TS 30411:2018 defines six metrics: Quality of hire: the performance of an individual after hire compared to pre-hire expectations.

Recruitment 137

Recruitment Benchmarking Metrics Onboarding 137

AIHR

MAY 13, 2024

OKRs set ambitious goals, while Key Performance Indicators (KPIs) provide measurable metrics to track progress, creating a powerful framework for aligning strategy with execution. This article will explain the key differences, when to use each, and metrics to track when measuring each methodology. Sales increased by 8.5%

KPI 119

KPI Metrics Benchmarking Inclusion 119

AIHR

AUGUST 16, 2022

Analyzing a variety of talent acquisition data and metrics helps you build strong strategies and processes to attract, select, and hire candidates. Talent acquisition metrics Benefits of talent acquisition analytics How to make talent acquisition analytics work for you: 5 tips. Talent acquisition metrics. Time to fill.

Recruitment 130

Recruitment Metrics Benchmarking Software 130

AIHR

DECEMBER 2, 2019

In this article, we will explain what the HR scorecard is, the difference between the HR scorecard and the balanced scorecard, modern-day critique, and show an example template of the HR scorecard. They are also known as HR metrics , and more specifically HR KPIs , as they are metrics that are linked to the business strategy.

Deliverables 138

Deliverables Benchmarking Metrics Recruitment 138

AIHR

AUGUST 13, 2024

HR process example: Performance appraisals HR works closely with managers to set performance criteria and benchmarks. For instance, which specific HR processes should you map, and which metrics must you track? The metrics you set at the start will help you measure your success.

Compliance 98

Compliance Onboarding Human Resources Compensation 98

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

AUGUST 23, 2022

It’s based on a well-known Net Promoter Score metric, which measures customer experience. cNPS is a recruiting metric and KPI that companies use to evaluate their candidate experience to improve the recruitment and selection process and employer brand. Benchmark against industry standards and your own results.

Recruitment 124

Recruitment Benchmarking Metrics KPI 124

AIHR

AUGUST 24, 2021

In this article, we’ll explore why analyzing employee surveys is so crucial and offer a step-by-step guide on how to analyze employee engagement survey results to effectively create positive changes and improvements across your business. This can make it hard to benchmark the data and lead to too many possible courses of action.

Employee Engagement 105

Employee Engagement Benchmarking Metrics Benefits 105

AIHR

JUNE 15, 2021

To learn more about compensation terms, metrics, and formulas, read our article on Compensation Metrics HR and Managers Need to Know. However, a decimal is better when an analyst uses a compa ratio with other metrics. The organization defines pay grades and ranges (or bands) for each job family with. Pay and seniority.

Compensation 111

Compensation Metrics Benchmarking Marketing 111

AIHR

MAY 31, 2023

The promotion rate is a key metric that helps HR and business leaders understand how many employees are promoted internally within the company. A promotion rate is an HR metric that measures the rate or frequency at which employees are promoted to fill open positions within an organization over a specific period.

Metrics 98

Metrics Benchmarking Employee Engagement Performance Management 98

AIHR

MAY 14, 2018

In this article we’ll go over 5 strategic workforce planning tools, explain their use and give examples and excel templates on how to use them. In this article we will discuss five strategic workforce planning tools. All workforce planning tools we´ll discuss in this article fall somewhere along this spectrum. HR dashboarding.

Compensation 105

Compensation Benchmarking Metrics Benefits 105

AIHR

FEBRUARY 1, 2024

In this article, we’ll explore the ins and outs of compensation management and why it matters. When it comes to compensation metrics , accurate data is essential for benchmarking the competitiveness of your packages. Issue paychecks to employees • Create the payroll records required by the government.

Compensation 111

Compensation Manager Compliance Benchmarking 111

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

Andrew Chen

JULY 10, 2018

Andrei Brasovean (Accel) gives a comprehensive list of Marketplace metrics. Borja Moreno de los Rios, ceo of Merlin, writes one of my favorite articles where he has a bunch of graphs/concepts on measuring liquidity: [link]. Angela Tran Kingyens (VersionOne) on a Marketplace metrics dashboard. 6) Referrals flow freely.

Metrics 110

Metrics eCommerce Retention SaaS 110

AIHR

AUGUST 15, 2024

Develop a structured roadmap and a detailed implementation plan that includes milestones, key progress metrics, and a clear timeline. Establish clear milestones and metrics : Track the implementation’s success and the ongoing effectiveness of the HRBP model. The report also includes a benchmark of your model against other companies.

Implementation 98

Implementation Operations Digital Transformation Administration 98

AIHR

JANUARY 20, 2020

In this article, we will explain the absence rate, how to calculate this rate according to ISO norms, and give some benchmarks on what a healthy and a high absenteeism rate looks like. Other metrics include the total number of absence days and absence cost. Contents What is an absenteeism rate?

Metrics 139

Metrics Software Benchmarking Human Resources 139

AIHR

FEBRUARY 7, 2023

Productivity analysis and metrics are of great concern to HR teams and business leaders worldwide. Conducting a productivity analysis: Metrics to track There are various types of productivity metrics to track when conducting a productivity analysis: 1. You can also calculate the EPR for a single employee. 10,000 / 100 = 50 2.

Metrics 125

Metrics Diversity Revenue Benefits 125

AIHR

MARCH 6, 2019

For some, PA is the reporting of standard HR metrics. The most primitive tools are essentially the latest form of benchmarking, while the most sophisticated offer the capacity to fine tune HR delivery to optimize organizational performance. They often provide industry-wide data for benchmarking purposes.

Benchmarking 84

Benchmarking Workflows Government Metrics 84

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. Set realistic and attainable goals.

Compensation 130

Compensation Metrics Benefits Benchmarking 130

AIHR

MARCH 11, 2024

Determine how you will benchmark your results. For example, you could benchmark results internally by comparing them to results from your previous surveys, or you could benchmark externally by contrasting your results with similar industry-aligned research surveys.

Benchmarking 111

Benchmarking Compensation Software Scaling 111

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. We used KPIs and KRs interchangeably earlier in this article. KPIs are metrics that are strategically signed with the organizational objectives. Move compensation to 70% of the industry benchmark.

KPI 145

KPI Human Resources Employee Relations Retention 145

AIHR

FEBRUARY 9, 2022

New hire turnover is an important HR and recruiting metric that calculates the number of employees who leave a job within their first year or another period defined by the organization. Different organizations have a different benchmark for what counts as new hire turnover. What does a high new hire turnover metric indicate?

Onboarding 124

Onboarding Metrics Recruitment Human Resources 124