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?

Metrics 97

Metrics Retention Human Resource Information Systems (HRIS) Employee Engagement 97

AIHR

JULY 15, 2024

Candidate experience metrics can help inform your HR hiring process. How to measure candidate experience Improving candidate experience clearly benefits HR and the organization. Application drop-off rate This metric reveals the percentage of candidates who began but didn’t complete the application process.

Metrics 97

Metrics Recruitment Software Onboarding 97

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 96

Metrics ROI Recruitment Retention 96

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. Contents What is an OKR?

KPI 116

KPI Metrics Benchmarking Employee Engagement 116

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 52

ROI Employee Engagement Metrics Benchmarking 52

AIHR

FEBRUARY 1, 2024

Plus, when the right mix of incentives and benefits is tied to individual performance, organizations can both boost employee engagement and achieve their strategic goals. Components • Base salary • Incentives and commissions • Financial benefits • Non-financial benefits.

Compensation 109

Compensation Manager Benefits Benchmarking 109

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 16, 2022

Analyzing a variety of talent acquisition data and metrics helps you build strong strategies and processes to attract, select, and hire candidates. Let’s explore everything you need to know about talent acquisition analytics, the benefits, and how to get started on your journey. Talent acquisition metrics. Time to fill.

Recruitment 126

Recruitment Metrics Benchmarking Software 126

LSA Global

SEPTEMBER 19, 2024

The Top 10 Benefits of a Management Assessment Center It is not easy to effectively lead, manage, and coach others at work. The Top 10 Benefits of a Management Assessment Center The highly predictive results (0.54 businesses in the 1950s. Do you have enough agreement on what defines a high performing manager in your organization?

Benefits 46

Benefits Manager Performance Management Succession Planning 46

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 104

Compensation Sales Sales Metrics 104

Vantage Circle

SEPTEMBER 11, 2023

Imagine a world where managing employee benefits is no longer a daunting task but an empowering experience for HR teams and employees. With an innovative employee benefits platform, that world becomes a reality. In this blog, we have handpicked some of the best benefits platforms that cater to all your requirements.

Benefits 52

Benefits Administration Compliance Software 52

AIHR

MARCH 11, 2024

Compensation and benefits questions: Do you feel your current compensation and benefits package is fair and competitive? Are you satisfied that the company offers a variety of benefits to meet your specific needs and overall wellbeing? This question measures an employee’s satisfaction with the benefits your company offers.

Benchmarking 104

Benchmarking Compensation Scaling Software 104

AIHR

OCTOBER 17, 2024

Using a good compensation plan template can provide both an organization and its employees with important information and clarity on their compensation and benefits packages, supporting pay equity. This article discusses the importance of a detailed compensation plan template and how you can use it to benefit your company’s workforce.

Compensation 52

Compensation Benefits Insurance Metrics 52

AIHR

DECEMBER 22, 2023

With nearly 40% of mid-career professionals prioritizing mandatory paid leave and over 80% seeking comprehensive healthcare benefits, it’s clear that designing a thoughtful compensation package is key to talent attraction and retention. This is one of the main benefits of providing a great compensation package for employees.

Compensation 97

Compensation Benefits Insurance Metrics 97

15Five

APRIL 16, 2024

Without the best tool to help manage and measure employee engagement, you risk missing out on the benefits of a productive, motivated workforce. However, onboarding the wrong software can result in wasted resources and a minimal impact on key engagement metrics such as retention, absenteeism, and turnover.

Employee Engagement 98

Employee Engagement Software Onboarding User Experience 98

AIHR

OCTOBER 12, 2022

Finding the right mix of pay, benefits, and other incentives is essential to attracting and retaining top performers, especially in a tight labor market. Variable compensation, also known as variable pay , is supplementary compensation typically tied to performance goals measured by specific metrics.

Compensation 124

Compensation Benefits Metrics Implementation 124

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. How satisfied are you with the compensation and benefits offered by the company?

Scaling 96

Scaling Benchmarking Employee Engagement Manager 96

AIHR

FEBRUARY 14, 2024

Recruitment ROI is an important metric that lets HR professionals calculate if their recruitment process is adding value to an organization — or costing it more money than each new hire is worth. Learn more 21 Recruiting Metrics To Track Why should HR track recruitment ROI? Different benchmarks list various time-to-hire averages.

ROI 59

ROI Recruitment Advertising Metrics 59

LSA Global

NOVEMBER 14, 2024

If your objective is to create change favorability, you need to clearly identify and communicate the benefits of shifting from the current state to the desired state at the individual, team, and company-wide levels. What are the benefits changing? What are the consequences if we don’t change? Why is it important to address now?

Change Management 53

Change Management Organizational Change Benchmarking Metrics 53

Vantage Circle

JANUARY 29, 2024

Employee commitment survey benefits Employee surveys provide metric-driven insights to maintain an engaged, fulfilled workforce, supporting retention , productivity, and business results. Conducting periodic surveys allows you to benchmark results against past surveys to track trends. Competitive analysis & Track trends.

Metrics 59

Metrics Benchmarking Employee Engagement Scaling 59

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 52

Metrics Benchmarking Employee Engagement Retention 52

Vantage Circle

JUNE 7, 2024

Let's explore the key benefits of investing in the right employee engagement survey software: a. By leveraging these tools effectively, organizations can create a workplace environment that prioritizes employee satisfaction, productivity, and long-term success.

Benchmarking 88

Benchmarking Employee Engagement SaaS Retention 88

AIHR

JULY 30, 2024

It also provides guidelines for tracking key metrics, such as turnover rate , to assess employee engagement’s bottom-line impact. Engagement is not about a survey or a metric but rather about measuring the organization’s ability to unlock the productivity of its people in a responsible and sustainable way.”

Employee Engagement 98

Employee Engagement Benchmarking Implementation Metrics 98

AIHR

FEBRUARY 28, 2024

HR analytics allows HR professionals to make informed decisions and create strategies that will benefit employees and support organizational goals. In this article, we will explain what HR analytics is, its benefits, as well as how to get started and grow in your HR analytics capabilities. Contents What is HR analytics?

Human Resources 123

Human Resources Metrics Human Resource Information Systems (HRIS) Recruitment 123

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 106

Metrics Diversity Revenue Benefits 106

AIHR

MARCH 1, 2023

This metric is used by HR professionals to gauge the effectiveness of their recruitment and selection process and to identify any areas where improvements can be made. An organization’s offer acceptance rate is an important metric that measures the percentage of job offers extended by a company that is accepted by candidates.

Recruitment 91

Recruitment Metrics Compensation Retention 91

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 92

Metrics Employee Engagement Benchmarking Performance Management 92

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 74

Recruitment Metrics Compensation Diversity 74

Vantage Circle

JULY 24, 2024

We will explore the significance of these surveys in the modern workplace, go through the key metrics that offer valuable insights, and outline a systematic process for translating data into actionable strategies. These metrics provide insights into your organization's strengths and areas for improvement. Context is Key.

Employee Engagement 92

Employee Engagement Metrics Implementation Benchmarking 92

AIHR

JUNE 22, 2022

A compensation analyst works within the Compensation & Benefits or Human Resources department and their role is to help organizations develop fair compensation structures to attract and retain employees by analyzing various data. Conducting job analyses to create a thorough understanding of all tasks and activities a job involves.

Compensation 96

Compensation Benefits Administration Human Resources 96

AIHR

NOVEMBER 28, 2022

With a performance improvement plan (PIP) template, you have a tool to create an individualized, action-orientated, step-by-step plan to improve the performance of employees who are either not meeting their manager or supervisor’s expectations or would benefit from a more structured action plan. The benefits of a performance improvement plan.

Metrics 125

Metrics Sales Sales Implementation 125

AIHR

AUGUST 19, 2024

Competitive salaries and benefits are important, but they are no longer enough. 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.

Onboarding 113

Onboarding Employee Engagement Metrics Diversity 113

Walk Me

JULY 18, 2022

Supply managers with metrics of change progress. Consistency and metrics are two of the most potent tools in change management. Who Can Benefit From Change Management Resources? Staff at every level will implement change when they feel incentivized to do so after seeing the benefits to themselves and their company.

Change Management 59

Change Management Manager Benchmarking Strategic Planning 59

Vantage Circle

JUNE 7, 2024

Let's explore the key benefits of investing in the right employee engagement survey software: a. By leveraging these tools effectively, organizations can create a workplace environment that prioritizes employee satisfaction, productivity, and long-term success.

Benchmarking 52

Benchmarking Employee Engagement SaaS Retention 52

AIHR

SEPTEMBER 13, 2023

Skills required to earn within the 75th percentile: Human resource expertise: Solid HR knowledge of talent acquisition, performance management, compensation and benefits, employee relations, talent development, and workforce planning. They can propose HR policy changes and recommend HR best practices to support the company’s goals.

Compensation 104

Compensation Human Resources Recruitment Administration 104

AIHR

JUNE 15, 2021

Salary, and therefore compa ratio, does not include bonuses, variable pay, benefits, or any other type of non-salary compensation. To learn more about compensation terms, metrics, and formulas, read our article on Compensation Metrics HR and Managers Need to Know. We also use the term “salary” in formulas for hourly workers.

Compensation 111

Compensation Marketing Metrics Benchmarking 111

AIHR

NOVEMBER 1, 2024

An HR benchmark survey of over 2,000 small businesses showed that the fastest-growing companies were 20% more likely to embrace HR best practices. By minimizing turnover, they reduce the costs associated with recruiting, onboarding, and training, creating both a financial and cultural benefit that keeps them competitive in the long run.

Human Resources 98

Human Resources Compensation Performance Management Employee Engagement 98