AIHR

FEBRUARY 1, 2024

Is your compensation management approach helping or hurting your organization in the talent war? In a recent LinkedIn Talent Solutions report , compensation was ranked as the #1 top priority for candidates worldwide. In this article, we’ll explore the ins and outs of compensation management and why it matters.

Compensation 111

Compensation Manager Compliance Benchmarking 111

AIHR

JUNE 13, 2023

Are you looking to create a sales compensation plan for your company? organizations spend more than $800 billion each year to manage their sales force, with $200 billion devoted solely to compensation. Contents What is sales compensation? Sales compensation is a critical aspect of B2B organizations. Almost 80% of U.S.

Compensation 105

Compensation Sales Sales Metrics 105

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

DECEMBER 22, 2023

One of the first things employees look at before even receiving a job offer is their compensation package. of employees rank compensation as the top factor in job satisfaction. So, how do you craft a total compensation package that resonates with a diverse workforce? Contents What is a compensation package?

Compensation 111

Compensation Benefits Insurance Metrics 111

AIHR

AUGUST 13, 2024

Core HR processes include recruitment, employee onboarding , training and development, performance management , compensation and benefits , employee relations , and compliance. HR process example: Performance appraisals HR works closely with managers to set performance criteria and benchmarks.

Compliance 98

Compliance Onboarding Human Resources Compensation 98

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

MARCH 7, 2022

Ignoring compensation issues at your organization can lead to unhappy workers, low morale, decreased productivity, and increased turnover. Hence, your Human Resources and/or Compensation & Benefits department must ensure the compensation you offer to your employees is appealing enough to keep your team happy.

Compensation 98

Compensation Benefits Compliance Metrics 98

AIHR

JUNE 22, 2022

In the competitive candidate market, organizations need to get their compensation strategy right. That’s why a compensation analyst is a fast-growing role and a career path worth considering. Let’s explore the role of a compensation analyst and how you can become one. Contents What is a compensation analyst?

Compensation 98

Compensation Administration Benchmarking Human Resources 98

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

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 63

Metrics Benchmarking Retention Inclusion 63

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! But first, let’s answer the question: What are recruiting metrics? What are recruiting metrics?

Metrics 100

Metrics Recruitment ROI Onboarding 100

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

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

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

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

JUNE 15, 2021

In its original use, compa ratio (or comp ratio, or compensation ratio) is a simple formula designed to compare an individual’s actual salary to the midpoint of a defined salary range. Over the past few decades, HR and compensation professionals have found many more ways to use it. Compensation definitions. What is compa ratio?

Compensation 111

Compensation Metrics Benchmarking Marketing 111

Vantage Circle

JANUARY 10, 2024

However, developing a strong retention strategy centered around meaningful metrics can lead to happier, more productive employees and significant cost savings for a company. As an HR professional, what retention metrics should you be tracking? Key Takeaways What are Employee Retention Metrics? Importance of Retention Metrics.

Retention 59

Retention Metrics Benchmarking Implementation 59

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

AIHR

MARCH 11, 2024

times more important than compensation compared with industry norms. Compensation and benefits questions: Do you feel your current compensation and benefits package is fair and competitive? This question measures satisfaction with their total compensation package. Determine how you will benchmark your results.

Benchmarking 111

Benchmarking Compensation Software Scaling 111

Zenefits

FEBRUARY 7, 2023

To provide employees with fair and desirable compensation, savvy companies routinely conduct a compensation analysis. By identifying the right compensation strategy, you can establish a competitive pay structure to help attract and retain talent. What is compensation analysis? Why is compensation analysis important?

Compensation 52

Compensation Benefits Recruitment Benchmarking 52

15Five

DECEMBER 13, 2024

Compensation is something you absolutely need to get right. That makes compensation planningeverything that goes into your strategy for rewarding peoplesuch a high-stakes game. Most organizations know performance should have some influence on compensation, but arent clear on how much or how. Check out 15Five Compensation!

Compensation 52

Compensation Software Performance Review Performance Management 52

AIHR

DECEMBER 2, 2019

They are also known as HR metrics , and more specifically HR KPIs , as they are metrics that are linked to the business strategy. In the previous example, the key deliverables include a decrease in lead time and a high ranking in the top employer benchmark. The key is, therefore, to link metrics and analytics to the business.

Deliverables 138

Deliverables Benchmarking Metrics Recruitment 138

AIHR

AUGUST 15, 2024

Centers of Excellence (CoEs) that specialize in areas such as talent management, learning and development, compensation and benefits, and diversity and inclusion must also operate with excellence to develop and implement best practices and innovative solutions. The report also includes a benchmark of your model against other companies.

Implementation 98

Implementation Operations Digital Transformation Administration 98

AIHR

NOVEMBER 1, 2022

Human resources specialists perform specific HR functions like recruitment, training and development, compensation and benefits, rewards, and employee relations. This requires HR professionals to make decisions based on data and metrics. Compensation and benefits. What is a human resources specialist? Employee relations.

Human Resources 139

Human Resources Compensation Recruitment Onboarding 139

AIHR

MAY 14, 2018

Compensation and benefits analysis. Some, especially the compensation and benefit analysis and scenario planning, help to identify the future needs of the workforce. Based on this data, metrics are calculated and displayed. This article has multiple templates and metrics that can be used in a dashboard. HR dashboarding.

Compensation 105

Compensation Benchmarking Metrics Benefits 105

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.,

Recruitment 96

Recruitment Metrics Compensation Inclusion 96

AIHR

AUGUST 24, 2021

This can make it hard to benchmark the data and lead to too many possible courses of action. Are you happy with the compensation and benefits you currently receive? Be sure to know what your organization’s core metrics are and why they matter. Benchmark your results. Do you enjoy working with your team?

Employee Engagement 105

Employee Engagement Benchmarking Metrics Benefits 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. Move compensation to 70% of the industry benchmark. Compensation and Benefits. It describes where you want to go.

KPI 145

KPI Human Resources Employee Relations Retention 145

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 98

Recruitment Metrics Retention Compensation 98

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 design, implement, and monitor employees’ equity and compensation plans.

Compensation 105

Compensation Human Resources Recruitment Administration 105

AIHR

FEBRUARY 28, 2024

Importance of HR analytics HR analytics examples Key HR metrics Data analytics in HR: How to get started How to transition from descriptive to predictive and prescriptive analytics in HR HR analytics certification FAQ What is HR analytics? Contents What is HR analytics? What is HR analytics used for?

Human Resources 124

Human Resources Human Resource Information Systems (HRIS) Metrics Recruitment 124

AIHR

FEBRUARY 20, 2023

It is recommended to have 3 interview rounds as your benchmark. What HR can do: Bring more to the table than compensation: Compensation is important to candidates, but that won’t always be enough. Keep track of your hiring funnel metrics: Measure and optimize every step of your hiring funnel to know where you need to improve.

Recruitment 143

Recruitment Media Advertising Compensation 143

AIHR

SEPTEMBER 28, 2021

KPIs (key performance indicators) are strategic metrics tied to an organization’s short and long-term goals. What’s the difference between recruitment KPIs and metrics? KPIs are also metrics, but they are the most vital measures for your organization and should be specifically tied to company goals and objectives.

Recruitment 105

Recruitment KPI Metrics Advertising 105

AIHR

JULY 26, 2022

Create a headcount report dashboard to gain accurate information on your current headcount status and key metrics in real-time. Identify short and long-term goals by aligning your headcount targets with your long-term business strategy to help you effectively respond to labor and compensation trends and developments.

Staffing 143

Staffing Recruitment Onboarding Sales 143

AIHR

NOVEMBER 28, 2023

Integrating a morale rating scale – such as ‘1 to 5’, or scales marked from ‘Strongly Disagree’ to ‘Strongly Agree’ – helps to quantify the data and track changes over time, providing a clear metric to measure how employees feel. and how these compare to industry standards.

Scaling 119

Scaling Compensation Inclusion Diversity 119

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. Is there a compensation management tool ? Compare progress over time and create benchmarks for your industry to see how your company stacks up against the competition.

Employee Engagement 98

Employee Engagement Software Onboarding User Experience 98

AIHR

NOVEMBER 2, 2021

Voluntary turnover is an HR metric referring to an employee’s departure based on their own decision rather than the employer’s decision. Another metric is total turnover, which includes all the employees who have left in a certain period of time for any reason. You can do this by measuring against industry benchmarks.

Inclusion 98

Inclusion Metrics Implementation Compensation 98