AIHR

JUNE 2, 2020

In this article, we discuss the state of the art of ethical benchmarking of algorithms and provide advice for practitioners in the field. The answer to the question of how we can assess the ethicality of HR analytics lie in benchmarks. Benchmarks measure properties and provide scores based on the ethical framework(s) they represent.

Benchmarking 113

Benchmarking Workflows Compliance Accounts 113

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

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 15, 2024

Let’s look at the benefits of the HRBusiness Partner model when implemented correctly, unpack the seven most common reasons why HRBP models fail, and what steps you can take to fix yours. HR is not just the implementer but actively contributes to shaping the organization’s direction. This may impact the role of the BP.

Implementation 98

Implementation Operations Digital Transformation Administration 98

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

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

AUGUST 13, 2024

HR process example: Performance appraisals HR works closely with managers to set performance criteria and benchmarks. HR then implemented biannual 360-degree reviews, quarterly career and growth conversations, and biweekly one-on-ones across the organization to help build consistency in the appraisal process.

Compliance 98

Compliance Onboarding Human Resources Compensation 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

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. Sales increased by 8.5%

KPI 119

KPI Benchmarking Metrics Inclusion 119

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 98

Metrics ROI Recruitment Retention 98

AIHR

OCTOBER 12, 2021

However, if you’re really looking to stand out and perform like your competitors, there are a few sourcing metrics you need to measure and optimize. What are the best sourcing metrics that help you make your sourcing process as effective and efficient as possible? Contents What are sourcing metrics? What does it measure?

Metrics 98

Metrics Recruitment A/B Testing Benchmarking 98

LSA Global

JANUARY 6, 2025

To succeed, a business strategy must inspire confidence and commitment among those tasked with implementing it. Use market research, competitive analysis, and internal strategy success metrics to help anticipate future scenarios, assess strengths and weaknesses, agree upon strategic priorities , and validate action plans.

Benchmarking 67

Benchmarking Strategic Planning Accounts Implementation 67

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

Help Scout Leadership

JULY 20, 2021

This could look like a customer success team choosing to focus on churn and expansion metrics rather than product adoption scores and the stories they tell. Setting up benchmarks for the standards you’d like to achieve with your customers is an essential step for deepening your customer orientation.

Sales 363

Sales Sales Metrics SaaS 363

AIHR

JULY 17, 2023

In this article we will explore DEI initiatives, why they matter for both employees and the overall business, real-life examples of DEI programs at companies, and successful DEI initiatives to consider implementing in your organization. DEI initiatives focus on implementing diversity, equity and inclusion in the workplace.

Implementation 98

Implementation Inclusion Diversity Recruitment 98

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

Chief Executive

OCTOBER 31, 2022

They were eye-opening, to say the least—and obviously a lot more than we could cram into an issue of the magazine—so we put the full results in a new study, Chief Executive Group’s 2022 Financial Benchmarks Report for U.S. A big contributing factor to this, of course, are the inflation-driven price increases companies are implementing.

Benchmarking 52

Benchmarking Real Estate Revenue KPI 52

AIHR

OCTOBER 12, 2022

Examples of variable compensation Advantages of variable compensation Disadvantages of variable compensation How to implement a variable compensation plan. Variable compensation, also known as variable pay , is supplementary compensation typically tied to performance goals measured by specific metrics. What is variable compensation?

Compensation 130

Compensation Metrics Benefits Benchmarking 130

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 105

Compensation Sales Sales Metrics 105

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

NOVEMBER 28, 2022

Read on to discover how HR can implement and support the use of PIPs for positive results. However, if implemented correctly, it can be a positive tool to align management and employees, improving job performance as well as job satisfaction. When to implement a performance improvement plan. Download PIP Template (Word Doc).

Metrics 126

Metrics Implementation Sales Sales 126

AIHR

AUGUST 24, 2021

Analyzing the data you collect from employee feedback helps you notice patterns, challenges, and problems which you can then find solutions to and implement across the organization. This can make it hard to benchmark the data and lead to too many possible courses of action. Benchmark your results. Quantify the data.

Employee Engagement 105

Employee Engagement Benchmarking Metrics Benefits 105

AIHR

MARCH 11, 2024

Determine how you will benchmark your results. For example, you could benchmark results internally by comparing them to results from your previous surveys, or you could benchmark externally by contrasting your results with similar industry-aligned research surveys.

Benchmarking 111

Benchmarking Compensation Software Scaling 111

Vantage Circle

APRIL 4, 2023

This will help you implement data-based changes to improve leadership performance. Embrace the following methods of leadership measurement and analyze the following key metrics with the help of the right tools- 1. Finally, don't forget to compare your findings to your past rates and the industry benchmarks to get a full picture.

Metrics 72

Metrics Employee Engagement Project Management ROI 72

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 98

Employee Engagement Metrics Implementation Benchmarking 98

AIHR

JUNE 15, 2021

To learn more about compensation terms, metrics, and formulas, read our article on Compensation Metrics HR and Managers Need to Know. However, a decimal is better when an analyst uses a compa ratio with other metrics. Then, you can use it to spot problems with the policy or the way managers implement it.

Compensation 111

Compensation Metrics Benchmarking Marketing 111

AIHR

MAY 18, 2021

Time to fill is one of the most crucial recruiting metrics for any organization, irrespective of industry, size of organization, and role. Being able to measure the time to fill a vacancy is a crucial HR metric, which also impacts your business bottom line. It is an excellent metric for business planning. ” above!

Metrics 52

Metrics Recruitment Benchmarking Advertising 52

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. Implement a healthy food policy in the organization. Key Results.

KPI 145

KPI Human Resources Employee Relations Retention 145

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 98

Metrics Benchmarking Employee Engagement Performance Management 98

AIHR

FEBRUARY 1, 2024

When it comes to compensation metrics , accurate data is essential for benchmarking the competitiveness of your packages. Real-time dashboards generate insightful metrics on payroll costs, pay equity gaps, and churn rates to enable proactive decision-making. Comp Analyst by Salary.com Comp Analyst is strong on data analytics.

Compensation 111

Compensation Manager Compliance Benchmarking 111

AIHR

MARCH 22, 2022

Employee engagement ROI is one of the key employee engagement metrics. Evaluating the ROI on employee engagement can start with external research and benchmarks to get a general estimate of its tangible advantage. You could also make projections based on the Aon Hewitt findings or other benchmarks. Employee productivity.

ROI 98

ROI Employee Engagement Revenue Metrics 98

AIHR

MARCH 16, 2023

From the definition to strategy development, implementing best practices, and showcasing examples of successful talent management, here’s all you need to know. They must develop and implement talent management strategies that align with organizational goals, culture, and values. How can we give candidates the best experience?

Manager 132

Manager Onboarding Retention Recruitment 132

AIHR

FEBRUARY 9, 2022

New hire turnover is an important HR and recruiting metric that calculates the number of employees who leave a job within their first year or another period defined by the organization. Different organizations have a different benchmark for what counts as new hire turnover. What does a high new hire turnover metric indicate?

Onboarding 124

Onboarding Metrics Recruitment Human Resources 124

Peter Winick

DECEMBER 12, 2022

When this happens, neither department is focused on their own metrics or wins. In addition, we can help you implement marketing, research, and sales. Everyone has individual performance metrics, but you have to balance, especially on attribution, between the individual’s performance and the team’s performance.

Sales 244

Sales Sales Marketing Revenue 244

AIHR

SEPTEMBER 13, 2023

Skills required to earn within the 75th percentile: Talent acquisition strategy: Develop and implement a comprehensive talent acquisition strategy aligned with the company’s business goals. Talent acquisition and development : Build a strong talent pipeline and implement effective learning and development programs.

Compensation 105

Compensation Human Resources Recruitment Administration 105

AIHR

APRIL 30, 2024

HR professionals must let go of the idea that positive feedback is the only success metric. Here, stakeholder feedback and satisfaction metrics can be valuable. However, they must be measured against a benchmark of set criteria, not individual employee opinion. The business and HR should agree upon acceptable standards.

Metrics 116

Metrics Administration Education Benchmarking 116

Walk Me

NOVEMBER 28, 2023

Implementing an LMS within an organization is more than selecting and populating the correct software with content. The diligence pays off; a well-implemented LMS can simplify online education delivery, optimize the distribution of training resources, and offer insights into learner achievements. What is LMS implementation?

Implementation 52

Implementation Rollout Education User Experience 52