AIHR

OCTOBER 20, 2023

HR reports are strategic tools to showcase HR metrics and data, providing a detailed overview of your organization’s workforce and Human Resources activities. Key metrics to include are the total headcount, departmental breakdown, diversity metrics (e.g., Contents What is an HR report?

Recruitment 96

Recruitment Metrics Compensation Inclusion 96

AIHR

OCTOBER 5, 2023

Detailing budgets, timelines, and resource allocations enables efficient management of these assets. Regular evaluation against these metrics allows for tracking the transformation’s effectiveness and making adjustments if necessary. Address data migration and management Data is a critical asset in HR.

ROI 116

ROI Implementation Change Management KPI 116

15Five

JUNE 1, 2017

The gist was based on Arianna Huffington’s book, Thrive : Our two main metrics for success are money and power, and they drive us to work longer hours, sleep with our phones and tablets, miss important moments with our families and impacts our health. Identify benchmarks and targets. Start by setting a baseline.

Metrics 94

Metrics Engineering Energy Benchmarking 94

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. Performance management platforms like 15Five are an essential asset for your employee retention strategy. The post What is a Turnover Rate?

Retention 98

Retention Performance Management Onboarding Compensation 98

AIHR

JANUARY 25, 2022

A key success metric should define each objective. This is also known as salary benchmarking. of the employer’s expenses while also being your greatest asset. Ensuring that your company recognizes outstanding work is an essential step in an effective total rewards strategy. What are the objectives of compensation planning?

Compensation 126

Compensation Benefits Human Resources Retention 126

AIHR

OCTOBER 27, 2023

Their salary benchmarks are set at the 50th percentile of San Francisco market data. Track metrics to measure how effective your compensation practices and policies are and whether they need improving. Here are some of the key compensation metrics you may want to track.

Compensation 116

Compensation Benefits Insurance Metrics 116

Vantage Circle

JUNE 7, 2024

With customizable pulse surveys, robust analytics, and seamless integration, Vantage Pulse is a valuable asset for enhancing employee engagement. Vantage Pulse Visit Website Vantage Pulse is a powerful employee survey tool that helps organizations measure and improve workplace culture and retention.

Benchmarking 52

Benchmarking SaaS Employee Engagement Onboarding 52

AIHR

JANUARY 31, 2019

All along the way, these solutions provide metrics on both individual achievement and the progress of groups of employees in aggregate. Despite having ownership of an organization’s most valuable asset — its employees — HR has often had a difficult time being included in the most important business decisions.

Human Resource Information Systems (HRIS) 49

Human Resource Information Systems (HRIS) Human Resources Metrics Benchmarking 49

AlignOrg

AUGUST 2, 2022

Resource allocation is primarily about how to utilize people, funding, and physical assets. Benchmarks help determine whether infrastructure costs (e.g., cost per FTE, square foot, or other metric) are within a typical range. We Need Hierarchy to Allocate Resources.

Manager 52

Manager Inclusion Benchmarking Compliance 52

Vantage Circle

FEBRUARY 1, 2021

Computing these examples of KPI gives you a fair idea of a particular department's current status and your business metrics. KPIs, being widely used by corporates everywhere, are also great for setting an industry-standard benchmark. Focus on key metrics. Are all metrics KPIs? These were some points in knowing your KPI.

KPI 52

KPI Sales Sales Metrics 52

Vantage Circle

JANUARY 31, 2022

This percentage drops to 15% if you consider the metrics worldwide. Employees are an asset that you can use to gauge and improve the employee experience. Employees feel like they are an essential asset to the company. You need to collect data to understand your efforts, weak areas, and a benchmark for the future.

Employee Engagement 98

Employee Engagement Benefits Onboarding Diversity 98

AIHR

JULY 14, 2021

Because data is such an asset to organizations, HR professionals must be data literate to glean the meaningful information from this data that they can use for strategic decision-making. They benchmarked their employee turnover to other banks, discovering that they had an above-average turnover in some key roles.

Banking 59

Banking Digital Transformation Metrics Operations 59

Walk Me

NOVEMBER 28, 2023

A tool to measure organizational performance to get a user’s historical progress benchmarks them against their colleagues and recommends tailored learning routes for skill enhancement. Track essential metrics and benchmarks to evaluate the LMS’s influence on training aims, ensuring you derive the utmost benefit from your LMS.

Implementation 52

Implementation Rollout Education User Experience 52

Vantage Circle

JUNE 5, 2024

Ergonomic Workstations Employees, companies' primary assets, face a staggering loss when their employees meet with ergonomic injuries. Implement systems that help you track the utilization metrics for each perk in terms of enrollment, participation, usage rates, etc. Do not simply assume that perks are working.

Implementation 59

Implementation Benefits Retention Employee Engagement 59

Harvard Business Review

MARCH 21, 2013

In the 1920s, while companies used return on equity to assess their performance, DuPont recognized that the single metric had its limits. Operating efficiency (sales over assets). Financial leverage (assets over equity). So it began disaggregating return on equity into three components. or "what does 'success' mean?"

Cash Flow 17

Cash Flow Assets Benchmarking Sales 17

Harvard Business Review

APRIL 1, 2016

Companies do need assets like computers, servers, networks, and software, but those purchases are just the start. And how can companies benchmark themselves against competitors? We looked at 27 indicators that fall into three broad categories: digital assets, digital usage, and digital workers. First, digital assets.

Assets 15

Assets Benchmarking Software Media 15

Harvard Business Review

DECEMBER 8, 2015

Each performance metric can be tracked not only against Privia benchmarks but nationally across the athenahealth provider network. How well is front desk staff capturing insurance information? Are medical assistants following protocols around specific quality measures?

Assets 13

Assets Workflows Administration Insurance 13

Harvard Business Review

AUGUST 10, 2018

Mainstream software companies are beginning to hold “ data mirrors ” up to their customers, allowing scoring and benchmarking of their customers’ strategies. One of its business units, Fieldglass, provides insights and benchmarks to customers on external workforce management.

Benchmarking 8

Benchmarking Software B2B Accounts Payable 8

Harvard Business Review

JULY 5, 2011

Incremental innovation can be pushed down into the organization where the strategy is clear, decision metrics are understood, and management models like Stage-Gate create a level playing field. It's not about metrics; it's about "the educated gut." However, for game-changing innovation it's the opposite. Old models don't work.

Engineering 15

Engineering Metrics Benchmarking Organizational Change 15

Harvard Business Review

JANUARY 31, 2017

This difference in strategy means that business users are more likely to have access to a consistent set of up-to-date metrics for decision making, and the organization can generate predictions about their business from data they collect. more likely to use data to benchmark customers and advise them on how to realize greater value.

Digital Transformation 15

Digital Transformation Operations Benchmarking Insurance 15

Harvard Business Review

SEPTEMBER 26, 2011

In scores of conversations I've had with business leaders, pension fund trustees, asset managers, employer associations, and NGOs since I first issued this call in HBR , everyone has agreed with the goal. In response, several pension funds and SWFs have begun or expanded the use of absolute return benchmarks in their equity strategies. "It

Benchmarking 10

Benchmarking Metrics Assets Diversity 10

Harvard Business Review

OCTOBER 12, 2011

That would require, as Dominic Barton observes , balancing financial metrics with measures that track the ability to forge internal alignment. We began by measuring employee satisfaction to set a benchmark for improvement. Significantly, we made improvement in employee satisfaction an important component of executive pay.

Compensation 15

Compensation Employee Engagement Benchmarking Assets 15

Harvard Business Review

NOVEMBER 25, 2013

It doesn’t need to be complicated; in one company, a marketing department saved 20 percent after simply benchmarking the money they were spending on external agencies. Focus on the metrics that matter. Financial metrics would typically include obvious numbers such as sales, return on investment, and cost per customer.

Benchmarking 9

Benchmarking Metrics Advertising ROI 9

Harvard Business Review

APRIL 28, 2015

The Challenge of Investing in Digital Assets. Unlike their industrial peers, managers of asset-light businesses focus little on the balance sheet. While we have tools and financial statements that help us manage investments in physical assets , we don’t have the same for digital assets and information.

Balance Sheet 14

Balance Sheet Manager Assets Software 14

Harvard Business Review

MARCH 21, 2013

In the 1920s, while companies used return on equity to assess their performance, DuPont recognized that the single metric had its limits. Operating efficiency (sales over assets). Financial leverage (assets over equity). So it began disaggregating return on equity into three components. or "what does 'success' mean?"

Cash Flow 10

Cash Flow Assets Benchmarking Sales 10

Harvard Business Review

MAY 5, 2016

They see disrupted incumbents from retail, finance, health care, transportation, professional services, and manufacturing requiring radical restructuring of assets, productivity , and innovation. That process was quickly fixed — and illuminated the pathology of valuing productivity metrics divorced from UX.

User Experience 13

User Experience Metrics Benchmarking Transportation 13

Harvard Business Review

APRIL 27, 2015

Leverage embedded competencies and assets. Innovation gets stymied when a company defines itself by what it does rather than by what it knows or owns—when its “concept of self” is built around products and services rather than around core competencies and strate­gic assets. Comprehensive innovation metrics.

Engineering 15

Engineering Metrics Assets Accounts 15

Harvard Business Review

OCTOBER 10, 2013

Like any new business opportunity, data analytics will underdeliver on its potential without a clear strategy and well-articulated initiatives and benchmarks for success. The scale and scope of this adoption effort—which involves formal training, coaching, and metrics—shouldn’t be downplayed. Defining a data-analytics strategy.

Metrics 9

Metrics Revenue Benchmarking Scaling 9

Harvard Business Review

MAY 8, 2017

Whereas most business lists analyze companies by traditional metrics such as revenue or by subjective assessments such as “innovativeness,” our ranking evaluates the ability of leaders to strategically reposition the firm. We then narrowed the list to 18 finalists using three sets of metrics: New growth.

Revenue 15

Revenue Metrics Accounts Travel 15

Harvard Business Review

MAY 24, 2013

Pension giant CalPERS noted in a 2009 report that "companies with more diverse boards.have higher performance on key financial metrics, such as return on equity, return on sales, and return on invested capital.". Urban Outfitters'' recent move to nominate a woman to serve on its board ought to serve as a case in point.

Diversity 8

Diversity Government Compensation Benchmarking 8

AIHR

AUGUST 3, 2023

Conducting a salary survey and benchmarking all your salaries will reveal how competitive you are with other employers. From there, take steps to bolster your assets and correct problems. If you want to learn more about HR metrics and future-proof your HR skill set, check out our HR Metrics & Reporting Certification Program !

Reorganization 98

Reorganization Compensation Retention Recruitment 98

AIHR

JULY 31, 2023

In this view, HR recognizes that employees are a company’s most critical asset. It includes reviewing organizational and HR metrics to measure HR initiatives’ effectiveness on business results. Human Resources also refers to the workforce or people employed in an organization. What is HR Management?

Human Resources 92

Human Resources Recruitment Onboarding Compensation 92

Walk Me

AUGUST 18, 2022

Managers use benchmarking to learn from other healthcare organizations and set comparative metrics to hit realistic targets. Cash is the most liquid asset of any business, including hospitals and clinical services. However, the capital budgeting process involves much more long-term assets. Working capital management.

Manager 52

Manager Hospitality Insurance Operations 52

Harvard Business Review

DECEMBER 19, 2011

Benchmarking Inventory Levels. There are a number of metrics that can be used to benchmark a retailer's inventory levels. Any attempt to use inventory turns to benchmark inventory levels — across retailers or over time for a specific retailer — would have to be done with caution and judgment.

Marketing 15

Marketing Benchmarking Balance Sheet Sales 15

Harvard Business Review

NOVEMBER 18, 2015

Talented “exes” should be seen as assets who can make the organization more valuable and an even better place to work. So smarter “people analytics” operations embrace mission and metrics that assure they’re getting the right kind of ROEE — Return on Ex-Employees: Referrals.

Banking 15

Banking Assets Benchmarking Accounts 15

Vantage Circle

MARCH 19, 2025

In this blog, I'll guide you through the importance of measuring company culture, the key metrics to track, and actionable methods to uncover the hidden truths about your workplace. By the end, you'll have the tools to make workplace culture not just a concept but a measurable and manageable asset.

Metrics 59

Metrics Implementation Inclusion Retention 59

AIHR

JANUARY 15, 2025

However, without a clear, strategic path forward, organizations risk navigating blindly and losing their greatest asset: their people. The purpose of an HR maturity model is to offer a benchmark for organizations to evaluate their HR functions effectiveness and alignment with business objectives.

Compliance 52

Compliance Benchmarking Employee Engagement Retention 52