AIHR

APRIL 1, 2024

This ensures that compensation is commensurate with the worth of individual roles and that each has appropriate entry and performance requirements. Supports strategic HR management: Job evaluation aligns with strategic HR goals by ensuring that compensation practices support the organization’s overall objectives and culture.

Job Analysis 111

Job Analysis Compensation Scaling Marketing 111

AIHR

AUGUST 30, 2024

Employee engagement refers to employees’ commitment and connection to their work, team, and employer. Benchmarking capabilities: Survey templates support internal benchmarking, letting you track employee engagement levels over time and gain insights into the impact of cultural shifts.

Employee Engagement 105

Employee Engagement Benchmarking Scaling Implementation 105

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.

Human Resources 97

Human Resources Compliance Compensation Onboarding 97

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. Contents What is a compensation plan? What is a compensation plan template?

Compensation 52

Compensation Benefits Insurance Metrics 52

AIHR

MAY 23, 2022

They have needs and wants that must be met, like the need to be heard, compensated well, and grow professionally. Any references to actual people should be removed. You can also add health perks to your total compensation strategies like gym and fitness club memberships. View employees as consumers. Conclusion.

Compensation 142

Compensation Benefits Implementation Software 142

AIHR

OCTOBER 23, 2024

ESG metrics refer to a set of quantitative and qualitative indicators used to measure a company’s performance in Environmental, Social, and Governance (ESG) areas. These metrics may include elements such as board composition diversity, executive compensation, anticorruption policies, and risk management practices.

Metrics 97

Metrics Government Energy Inclusion 97

AIHR

FEBRUARY 12, 2024

In the Employ’s Quarterly Insight’s report , benchmark data indicates that one-third of the time spent hiring is on sourcing, regardless of how fast the hiring process is. They assess the sourced candidates using interviews, tests, and reference checks to identify individuals who best match the company’s requirements.

Recruitment 111

Recruitment Onboarding Media Staffing 111

AIHR

FEBRUARY 20, 2023

Create referral bonuses for your employees: Employee referrals are a great way to expand your reach to potential candidates, particularly as the employee will probably only refer people within their network who they believe are a good fit. It is recommended to have 3 interview rounds as your benchmark.

Recruitment 143

Recruitment Media Advertising Compensation 143

AIHR

JANUARY 8, 2024

Employee commitment refers to how attached, dedicated, and invested an employee is in their job and the wider values, mission, goals, and success of the company. Employee commitment survey Employee engagement survey Refers to the degree of loyalty and dedication an employee has towards their organization.

Scaling 110

Scaling Retention Benchmarking Employee Engagement 110

AIHR

FEBRUARY 28, 2024

HR analytics, also referred to as people analytics or workforce analytics, involves gathering, analyzing, and reporting HR data. For more real-world HR analytics examples, you can refer to the case studies we published in the past. However, certain circumstances may require incorporating external benchmarking data.

Human Resources 124

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

AIHR

OCTOBER 24, 2024

Employee turnover refers to the rate at which employees leave a company within a specific time frame, often measured annually. Dysfunctional turnover : This refers to the loss of high-performing or valuable employees, which negatively impacts the organization. There is a subtle difference.

Compensation 98

Compensation Human Resource Information Systems (HRIS) Human Resources Retention 98

AIHR

JULY 26, 2022

Headcount planning refers to creating plans to ensure that your organization has the right number of people with the right skills to meet organizational needs in short- and long-term. Look for team sizes and ratios benchmarks, and combine the data with your company’s growth plan. Contents What is headcount planning?

Staffing 143

Staffing Recruitment Sales Sales 143

AIHR

MARCH 22, 2023

Conduct a market analysis for the job offer Conducting a market analysis typically includes researching salary and benefit trends for your industry and region, analysing competitor job offers and based on your research, creating a competitive compensation and benefits package. What is a job offer letter?

Compensation 105

Compensation Recruitment Benefits Marketing 105

AIHR

FEBRUARY 19, 2024

Benchmarking this metric between different departments and managers/partners can also provide valuable insights. This metric also relates to employee utilization rate , which refers to the amount of working time an employee is spending on billable tasks. Other HR metrics examples 10.

Metrics 105

Metrics Recruitment Revenue Human Resources 105

Vantage Circle

JANUARY 10, 2024

Are you looking to reduce turnover, improve employee satisfaction , or meet industry benchmarks? Benchmark Against Industry Standards Research industry-specific benchmarks to see how your organization compares to others in your field. Benchmarking against industry standards. Analyzing historical data.

Metrics 59

Metrics Retention Benchmarking Implementation 59

AIHR

OCTOBER 5, 2023

Localized compensation & benefits – Creating compensation packages tailored to different regions to attract and retain the best talent globally. Establish measurable key performance indicators (KPIs) and benchmarks to track progress.

Change Management 115

Change Management Implementation ROI Assets 115

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. This alignment has also been referred to as Strategic Human Resource Management. Fair and performance-based compensation Compensation is a key element for successful talent management.

Human Resources 98

Human Resources Compensation Performance Management Employee Engagement 98

AIHR

JULY 31, 2023

As a department, it is responsible for managing HR activities from recruitment and onboarding, compensation and benefits, learning and development, performance management, and employee relations to separation or retirement. Human Resources also refers to the workforce or people employed in an organization.

Human Resources 78

Human Resources Recruitment Compensation Onboarding 78

AIHR

AUGUST 26, 2024

Employee sentiment refers to employees’ feelings, attitudes, and opinions about their employer, individual jobs, and workplace. Benchmarking Comparing internal sentiment data with industry benchmarks or historical data can help identify areas for improvement. How do you measure employee sentiment?

Metrics 56

Metrics Benchmarking Retention Employee Engagement 56

AIHR

APRIL 12, 2023

This will allow the company to track an employee’s progress — or see if they are consistently not meeting benchmarks. This will affect an employee’s eligibility for promotions or higher compensation, so it’s good to have on hand. Key takeaways Performance reviews are for everyone’s benefit.

Performance Review 98

Performance Review Implementation Manager Compensation 98

AIHR

FEBRUARY 27, 2023

Employee retention : Monitor, analyze and report employee turnover rates Review compensation and scheduling guidelines to align with today’s workforce Plan and launch employee retention programs and initiatives to reduce turnover.

Staffing 98

Staffing Recruitment Succession Planning Retention 98

AIHR

AUGUST 9, 2023

Compensation and benefits management through offering fair and competitive pay and benefits. HR professionals conduct salary benchmarking, set pay ranges, manage payrolls, and designs benefit plans. Employee engagement and satisfaction by creating a positive work environment that fosters employee engagement and satisfaction.

Human Resources 98

Human Resources Compliance Employee Engagement Recruitment 98

AIHR

OCTOBER 8, 2024

Climate, however, refers to a company’s current mood, and fluctuates much more based on current events and pressure on the business. Equitable opportunities: DEI metrics identify demographic disparities in hiring, compensation, promotion, and retention. They offer dashboards, reporting features, and benchmarking capabilities.

Metrics 98

Metrics Employee Engagement Retention Onboarding 98

Vantage Circle

DECEMBER 19, 2023

It refers to the percentage of employees who leave the company within a specific period. However, benchmarks for average employee tenure vary drastically between industries. Overtime Overtime refers to any hours an employee works that exceed regular work hours. But, when seen as a dataset, they can offer wonderful insights.

Metrics 105

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

AIHR

JANUARY 24, 2023

The numbers reflect how well the initiatives are working and provide reference points for reaching DEI goals. It also gives you a means for establishing goals, setting benchmarks, and measuring progress. DEI data builds the foundation of an effective DEI strategy. This keeps you accountable and on track for success.

Diversity 98

Diversity Employee Engagement Inclusion Compliance 98

AIHR

OCTOBER 13, 2022

In this episode of All About HR season 2, we sit down with Virgile Raingeard — CEO @ Figures — to discuss how HR in startups and scaleups can build an inflation-proof compensation strategy. Virgile is an experienced C&B leader whose company is dedicated to helping startups and scaleups build fair and equitable compensation philosophy.

Compensation 52

Compensation Manager Benefits Scaling 52

AIHR

SEPTEMBER 26, 2024

The HRBP model was first introduced in 1996 by Dave Ulrich and is, therefore, also referred to as the Ulrich (HR) model. HR Shared Services HR Shared Services refer to a centralized hub of operational and administrative HR duties. The three legs of the stool consist of HR Shared Services, HR Centers of Excellence, and HRBPs.

Administration 52

Administration Implementation Operations Benefits 52

Zenefits

AUGUST 3, 2022

Leave sharing, often referred to as pooling PTO, is the practice of employees accruing paid time off, including sick and vacation days, that can be used to benefit another employee. The point of employee benefits is to provide a worker with additional compensation and highlight their value. Pooled sick days. Streamline HR processes.

Benefits 52

Benefits Insurance Retention Benchmarking 52

AIHR

DECEMBER 7, 2022

For an in-depth explanation of our methodology , refer to the end of the article. Although the Payroll Team Lead, Compensation & Benefits Specialist, C&B Manager, DEIB Officer, DEIB Consultant, Process Engineer, and Facilitator are highly specialized roles, these are still at risk of becoming automated. Download full data set.

Administration 141

Administration Organizational Development Manager Implementation 141

AIHR

APRIL 28, 2023

Informed decision-making: As an HR professional, you are able to collect and collate valuable performance data through evaluations, which in turn can be used to inform decisions related to promotions, compensation adjustments, and resource allocation. Employees understand their strengths and areas for improvement.

Scaling 98

Scaling Employee Engagement Implementation Manager 98

AIHR

DECEMBER 5, 2024

Involuntary turnover refers to the percentage of employees who leave the organization due to employer-led decisions, such as layoffs, terminations, or redundancies. compensation, management, lack of development opportunities, etc.). Involuntary turnover rate Not all turnover is voluntary. increased productivity) to the training costs.

KPI 98

KPI Metrics Recruitment Employee Engagement 98

AIHR

DECEMBER 20, 2023

We also continued to grow our HR glossary library, where you can find 100+ entries arranged in alphabetical order for easy reference. This year, we’ve published: 19 Learning Bites : Where you can find everything you need to know on Learning and Development, Compensation and Benefits, People Analytics, and more!

Benchmarking 59

Benchmarking Engineering Compensation Manager 59

15Five

FEBRUARY 12, 2019

Today, we are at the forefront of a new category of software that helps leaders and managers drive high performance by bringing out the best in their people (commonly referred to as continuous performance management). From that question, 15Five was born.

Performance Management 103

Performance Management Manager Software Revenue 103

Walk Me

JULY 27, 2023

It serves as a reference point for employees to understand what is expected of them and helps ensure consistency in how policies and procedures are applied across the organization. They help potential candidates understand what will be expected of them and provide a benchmark for evaluating employee performance.

Human Resources 52

Human Resources Compliance Employee Engagement Diversity 52

AIHR

DECEMBER 8, 2023

The goal of shape refers to having the right workforce configuration with competencies needed today and tomorrow. Compensation & benefit analysis Compensation and benefits data is structured, accurate, and directly related to bottom-line performance. An excess of vacancies can be a good indicator of this.

Revenue 98

Revenue Benefits Marketing Manager 98

AIHR

OCTOBER 1, 2024

Time to hire Time to hire refers to the length of time between a candidate applying for a position and accepting an offer. Employee attendance Employee attendance refers to how regularly employees show up for work as scheduled, factoring in both presence and punctuality. GET STARTED 11.

Metrics 52

Metrics Manager Staffing Revenue 52

AIHR

JUNE 15, 2023

Employee satisfaction, also referred to as job satisfaction, is a measure of how content and happy employees are with their jobs and their workplace environment. You should also compare the results with past surveys or benchmark data to track progress and measure effectiveness of past interventions.

Employee Engagement 98

Employee Engagement Scaling Implementation Manager 98