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Employee Experience Strategy: Build Yours in 11 Steps

AIHR

Collect employee feedback and external data to benchmark against competitors. This can help secure a higher return on investment (ROI) on your employee experience strategy. Offer training on unconscious bias, celebrate diverse events, and ensure fair opportunities for everyone.

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Recruitment ROI Explained Plus How To Calculate It (in 2024)

AIHR

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. Contents What is ROI in recruitment? Why should HR track recruitment ROI? ROI is about more than how much a hire costs, though.

ROI 59
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Is Your HR Business Partner Model Failing? Here’s Why and How To Fix It

AIHR

Your business case should include potential ROI, improved operational efficiency, and better talent management. Take a phased approach: It’s also important to acknowledge that transitioning to the HRBP model is a process, not a one-time event. The report also includes a benchmark of your model against other companies.

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How to reinvent your product growth strategy for the tech downturn

Andrew Chen

To provide some benchmarks, my colleagues at a16z, Justin Kahl and David George, recently wrote an article on navigating the downturn where they collected some empirical data: As you can see, the bar for what constitutes a good burn multiple goes up as revenue goes up. Focus on accountable spend, and reduce ones have a long/fluffy payback?

ROI 85
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25 Workforce Management Metrics You Should Track

AIHR

Tracking this metric helps companies ensure that new hires contribute quickly, improving overall ROI. Here is how to calculate this metric: Absence duration = Total days of absence ÷ number of absence events Long absences can significantly impact team productivity and morale. You can calculate it based on output per hour worked.

Metrics 52
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Learning and Development

AIHR

Training is an instruction event for a specific skill or task that employees need to learn for a work scenario. Some example metrics include, for instance, training ROI , training cost per employee, training experience net promoter score, and assessment scores and pass rates.

ROI 98
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Unpacking Camp 15Five: 8 Key Takeaways to Remember

15Five

On August 17th, 2023 HR professionals from various corners of the industry came together for Camp 15Five, a virtual event created to equip HR leaders with the tools and insights they need to drive impact. But if you missed the event, don’t fret! A critical factor in building convincing ROI cases is collecting tangible data.

ROI 52