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. But to get the right insights into what’s working and what’s not, you’ll need to measure and analyze the right candidate experience metrics: 1. Collecting and analyzing these numbers matters. A high percentage can indicate a range of issues.

Metrics 97

Metrics Recruitment Software Onboarding 97

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 116

KPI Metrics Benchmarking Employee Engagement 116

Vantage Circle

NOVEMBER 15, 2024

This blog will navigate you through the key steps and essential information for calculating the ROI of employee engagement. This demonstration not only help justify an organization’s efforts but also eases leaders into making informed decisions to enhance workforce productivity and drive sustainable growth. – Timothy R.

ROI 52

ROI Employee Engagement Metrics Benchmarking 52

Zenefits

OCTOBER 11, 2022

Andrea Derler, Visier’s Principal of Research and Customer Value, says a few simple metrics can make sense of 3 of the biggest trends playing out in the workforce today: talent attraction and retention; diversity, equity, and inclusion; and leader’s data mindset. Are leaders using actual metrics or relying on gut feelings? Remember Me.

Metrics 52

Metrics Diversity Retention Inclusion 52

Vantage Circle

APRIL 4, 2023

From a broader perspective, leadership effectiveness depends on how successfully a leader can offer- Support and influence Direct their teams to move in the same direction Establish clear communication Make information and resources available. How To Measure Leadership Effectiveness? Want to evaluate how effective your leaders are?

Metrics 72

Metrics Employee Engagement Project Management Manager 72

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. 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 126

Recruitment Metrics Benchmarking Software 126

AIHR

AUGUST 5, 2024

HR often uses employee feedback surveys to gather information from st aff and understand employee sentiment. 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.

Scaling 96

Scaling Benchmarking Employee Engagement Manager 96

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 104

Benchmarking Compensation Scaling Software 104

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. Data-Driven Decision Making: Employee commitment survey results provide data that can inform decision-making processes.

Metrics 59

Metrics Benchmarking Employee Engagement Scaling 59

AIHR

FEBRUARY 1, 2024

When it comes to compensation metrics , accurate data is essential for benchmarking the competitiveness of your packages. While online information is both plentiful and helpful in seeding ideas, it may not be reliable. Issue paychecks to employees • Create the payroll records required by the government.

Compensation 109

Compensation Manager Benefits Benchmarking 109

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 103

Benchmarking Compensation Retention Metrics 103

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. This way, you can explore features, user experience, and compatibility in real-time and make informed decisions about the next employee engagement software you onboard.

Employee Engagement 98

Employee Engagement Software Onboarding User Experience 98

AIHR

AUGUST 19, 2024

For example, an onboarding employee experience strategy is designed to ensure that new hires feel welcomed, informed, and prepared to succeed in their new roles. Establish and track employee experience metrics: Data provides tangible evidence of what works well and which issues to address to enhance the employee experience.

Onboarding 113

Onboarding Employee Engagement Metrics Diversity 113

AIHR

AUGUST 23, 2022

It’s based on a well-known Net Promoter Score metric, which measures customer experience. cNPS is a recruiting metric and KPI that companies use to evaluate their candidate experience to improve the recruitment and selection process and employer brand. Benchmark against industry standards and your own results.

Recruitment 118

Recruitment Benchmarking Metrics Scaling 118

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 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

AIHR

OCTOBER 20, 2023

To make informed, strategic decisions, HR managers must be adept at understanding and interpreting different types of HR reports. These reports distill complex HR data into actionable insights, providing a comprehensive view of the workforce and allowing HR decision-makers to make informed choices that can add strategic value to the business.

Recruitment 74

Recruitment Metrics Compensation Diversity 74

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

Vantage Circle

JUNE 7, 2024

Features: Pulse Surveys Dashboard Multi-lingual, Multi platform friendly fully customizable employee surveys Anonymous feedback & Messaging AI driven insights Benchmarking Integrations Real time data & Analytics **Pros:**Comprehensive approach to employee experience, in-depth analytics, fosters continuous improvement culture.

Benchmarking 88

Benchmarking Employee Engagement SaaS Retention 88

Vantage Circle

JANUARY 21, 2024

Key Takeaways The employee engagement index is a powerful metric quantifying staff's discretionary effort and emotional commitment based on survey responses. The bottom line, This simple metric gives priceless intel on discretionary effort and linking people's plans to real business results.

Employee Engagement 55

Employee Engagement Benchmarking Metrics Retention 55

LSA Global

NOVEMBER 14, 2024

Strategies, Systems, Processes, Technologies, Business Practices , Success Metrics , Structures , Team Norms , Behaviors, etc.) (3) What has stopped us from changing before now? (2) 2) Change Solution: What specifically will be changing? 3) Stakeholders: Who will this affect directly? Indirectly? What do they care most about?

Change Management 53

Change Management Organizational Change Benchmarking Metrics 53

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. There is both a formal contract (labor for money) and an informal contract (you put in some extra effort, we take good care of you) between the employee and the employer.

Human Resources 98

Human Resources Compensation Performance Management Employee Engagement 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. It enables your organization to better understand your workforce, measure the impact of a range of HR metrics on overall business performance, and make decisions based on data.

Human Resources 123

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

AIHR

AUGUST 26, 2024

Making data-driven decisions: Sentiment analysis provides concrete data to inform strategic decisions, such as policy changes. Combining both methods can give you a comprehensive picture of your organization’s employee sentiment, allowing you to make informed decisions to improve your work environment.

Metrics 52

Metrics Benchmarking Employee Engagement Retention 52

AIHR

FEBRUARY 23, 2024

There are numerous Human Resources analytics courses available that range from basic statistical knowledge to HR data and metrics and more. HR Metrics & Dashboarding – AIHR Academy This is the most hands-on of the people analytics courses listed here. We hope you’ll find one that’s just right for you.

Human Resources 88

Human Resources Metrics Benchmarking Software 88

AIHR

OCTOBER 12, 2022

Variable compensation, also known as variable pay , is supplementary compensation typically tied to performance goals measured by specific metrics. Pay plans are structured with pre-determined performance targets appraised within a certain period and paid out if benchmarks are met. Set realistic and attainable goals.

Compensation 124

Compensation Benefits Metrics Implementation 124

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

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.

Education 114

Education Metrics Administration Benchmarking 114

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 ensures they receive the same message and information on what the company offers them.

Compensation 52

Compensation Benefits Insurance Metrics 52

AIHR

FEBRUARY 20, 2023

Create a referral bonus program and inform your employees about it. According to LinkedIn , 53% of candidates get information about the organization from their website, 38% from LinkedIn, and 32% from contacts at the company. It is recommended to have 3 interview rounds as your benchmark.

Recruitment 139

Recruitment Media Advertising Compensation 139

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

Vantage Circle

JUNE 7, 2024

Features: Pulse Surveys Dashboard Multi-lingual, Multi platform friendly fully customizable employee surveys Anonymous feedback & Messaging AI driven insights Benchmarking Integrations Real time data & Analytics **Pros:**Comprehensive approach to employee experience, in-depth analytics, fosters continuous improvement culture.

Benchmarking 52

Benchmarking Employee Engagement SaaS Retention 52

AIHR

FEBRUARY 6, 2024

Enjoy steady progress: Consistent goal setting and measurement of outcomes provide you with benchmarks to track progress, assess the effectiveness of your recruitment strategies , and tackle areas for improvement. Use metrics to evaluate your past performance. Include quantifiable metrics to track progress towards your goals.

Recruitment 102

Recruitment Metrics Media Retention 102

Andrew Chen

NOVEMBER 1, 2018

2) Then, to identify potential upside based learnings from within the company as well as across benchmarks from across industry. Thinking about new user experience, engagement metrics, and other important concepts. The problem is that the Growth Accounting Framework provides for lagging metrics. There was a lot to learn.

Metrics 111

Metrics Scaling Marketing Media 111

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. Culture mapping is the act of visualizing a company’s culture, informed by normalized behaviors and culture. Step 3: Database the information. Monitor resources spent on change.

Change Management 59

Change Management Manager Benchmarking Strategic Planning 59