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

Chief Outsiders

MAY 24, 2022

As a result of the “go-go” market conditions, a new benchmark has been established: If your company can't show a minimum Compound Annual Growth Rate of 10 percent, you are putting yourself and your company at risk.

Benchmarking 97

Benchmarking Revenue Marketing 97

15Five

MAY 26, 2022

With today’s competitive talent market compounded by economic factors like high inflation, people leaders face tremendous pressure to create a competitive compensation strategy. Limited access to reliable benchmarks. Trouble finding accurate and helpful compensation benchmark data was mentioned quite a bit by our community members. .

Compensation 105

Compensation Benchmarking Marketing Performance Review 105

AIHR

MAY 13, 2024

Adaptability: OKRs allow your HR teams to adapt quickly to changing business needs and market conditions. Continuous improvement: KPIs serve as benchmarks for your performance. These benchmarks help you evaluate and refine your HR strategies and processes to improve your effectiveness over time.

KPI 116

KPI Metrics Benchmarking Employee Engagement 116

AIHR

MARCH 11, 2024

Research by FTSE Russell analyzed 25 years of market data of the annual returns of publicly traded companies featured on the ‘100 Best’ lists versus the rest. The 100 Best Companies beat the market by a factor of 3.36 – that is a lead of more than triple. Determine how you will benchmark your results.

Benchmarking 104

Benchmarking Compensation Scaling Software 104

Zenefits

SEPTEMBER 14, 2022

In today’s tight labor market, you must offer competitive wages and benefits. In a tight labor market with wage inflation, you may need to review your company’s compensation package more often. Benchmarking. This will require you to do a little research to benchmark your business against current conditions.

Compensation 59

Compensation Benchmarking Insurance Benefits 59

Association Now Workplace

DECEMBER 5, 2022

One of the biggest issues many associations face is attracting younger members, something that 24 percent of organizations report as a challenge, according to the latest edition of Marketing General’s Membership Marketing Benchmarking Report [registration required].

Benchmarking 115

Benchmarking Onboarding Marketing Benefits 115

Vantage Circle

JANUARY 10, 2024

They help companies make improvements to retain their valuable employees, enhance their reputation, and gain a competitive edge in the market. Are you looking to reduce turnover, improve employee satisfaction , or meet industry benchmarks? Benchmarking against industry standards. Analyzing historical data.

Metrics 59

Metrics Retention Benchmarking Implementation 59

AIHR

FEBRUARY 1, 2024

Conducting market research It’s essential to stay up-to-date on salary trends and benefits offerings in your relevant industry and geographic area (which may extend worldwide if your company sources its hires globally). When it comes to compensation metrics , accurate data is essential for benchmarking the competitiveness of your packages.

Compensation 109

Compensation Manager Benefits Benchmarking 109

Help Scout Leadership

MAY 14, 2021

Reports : Visualize and benchmark customer support performance and identify areas for improvement. Measuring and benchmarking great support. The internal benchmarks of success we like to maintain are keeping our happiness score above 90 and our response time to under an hour. Before Help Scout, Brain.fm Using reports, Brain.fm

Benchmarking 111

Benchmarking Metrics Workflows Operations 111

Mark Sandborn

FEBRUARY 10, 2024

Financial Health and Sustainability Sound financial management, diversification of revenue streams, and long-term financial planning are vital in weathering financial crises and market fluctuations. In a crowded market place, extraordinary products stand out. Ordinary products languish.

Operations 88

Operations Human Resources Benchmarking Sales 88

Vantage Circle

NOVEMBER 15, 2024

Benchmarking: Use industry benchmarks to see how your organization’s metrics compare. Benchmarks help provide an additional layer of context, enabling you to see how your company performs compared to its competitors. Provide Context: Include benchmarks or industry comparisons to provide additional context.

ROI 52

ROI Employee Engagement Metrics Benchmarking 52

15Five

MARCH 4, 2024

This announcement comes on the heels of a significant 2023 for 15Five, during which we released the HR Outcomes Dashboard , Spark AI , and partnered with Transform Luminaries such as Dr. Beverly Kaye, Marshall Goldsmith, Michael Roberto, and others to establish Transform as the leading manager training and coaching solution in the market.

Compensation 96

Compensation Retention Benchmarking Benefits 96

Andrew Chen

JANUARY 9, 2020

A really detailed 68 page analysis of the podcast market. Magic metrics indicating a startup probably has product/market fit. 5) market-by-market (or logo-by-logo, if SaaS) comparison where denser/older networks have higher engagement over time (network effects). Lots of benchmarking. It’s super fun.

Marketing 110

Marketing Retention B2B Scaling 110

LSA Global

JANUARY 23, 2023

The overall objective of the Sales Leadership Assessment was to help to create the expectations, competence, and confidence for the Director of Sales to perform at the Sales VP Level.

Sales 36

Sales Sales Benchmarking Metrics 36

AIHR

JUNE 15, 2021

where the actual rate of pay can be an individual, a group, or an entire workforce, and the reference point of pay is: the midpoint of a defined salary range, the average market rate or market midpoint, or. Companies define a pay policy relative to the current market rate. Anything over the 50th percentile is leading the market.

Compensation 111

Compensation Marketing Metrics Benchmarking 111

AIHR

AUGUST 23, 2022

The ongoing mass resignation and skill shortages flipped the situation from employer-dominated labor conditions to a candidate-driven job market. Benchmark against industry standards and your own results. You can compare your candidate NPS score to industry benchmarks. Let’s break it down. Act on the results.

Recruitment 118

Recruitment Benchmarking Metrics Scaling 118

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. Determining suitable compensation can be complex due to market conditions, product complexity, customer preferences, and sales cycles.

Compensation 104

Compensation Sales Sales Metrics 104

AIHR

JUNE 22, 2022

In the competitive candidate market, organizations need to get their compensation strategy right. The compensation analyst will research current market practices, measure the effectiveness of existing plans, and evaluate current and future opportunities. Let’s explore the role of a compensation analyst and how you can become one.

Compensation 96

Compensation Benefits Administration Human Resources 96

Chief Executive

JULY 27, 2022

Questions need to be asked in order to benchmark potential purchasing decisions. Consumers may become loyal to a brand when they see value in it, and this can discourage other companies from entering the market, protecting the brand’s own market share. The three main ones are: • Should we even make price increases? •

Benchmarking 98

Benchmarking Implementation Marketing Government 98

15Five

APRIL 21, 2022

Using compensation data to establish fair and equitable pay practices is essential in today’s competitive talent market. At 15Five, we recently reimagined our compensation strategy, philosophy, and program to ensure market competitiveness to attract, motivate, and retain employees. Hear our latest conversation on compensation.

Compensation 105

Compensation Insurance Benchmarking Marketing 105

AIHR

JULY 31, 2023

A well-crafted staffing plan: Minimizes labor costs Maximizes productivity Provides a competitive edge in the market Improves the quality of new hires Reduces turnover Drives career and skills development Fosters a more engaged and satisfied workforce. Collecting information about the broader labor market and industry trends is also valuable.

Staffing 95

Staffing Recruitment Marketing Succession Planning 95

AIHR

APRIL 1, 2024

Next to the four above-mentioned methods, market pricing and Hay job evaluation system are also often used to conduct job evaluations. Marketing, HR, Sales). Market pricing The market pricing method is based on external quantitative data. It assesses pay rates by referring to market rates for comparable jobs.

Job Analysis 105

Job Analysis Compensation Scaling Marketing 105

Refresh

JANUARY 27, 2023

At the start of the new year, millions of people resolve to better themselves, become more marketable in their field, and finally achieve goals they’ve been putting on hold for years. If your resolution is to be a better leader, then look at where you’ve been, where you want to be, and make specific benchmarks to achieve that goal.

Benchmarking 105

Benchmarking Accounts Marketing 105

AIHR

AUGUST 16, 2022

From here, you can create an ideal candidate profile and use it as a benchmark for new candidates. Comparing your data with industry benchmarks can also help reveal what needs improving. You can check out SHRM talent acquisition data or Gem’s Recruiting Benchmarks to get an idea of the industry benchmarks.

Recruitment 126

Recruitment Metrics Benchmarking Software 126

AIHR

APRIL 3, 2023

Market-based structure A market-based salary structure aims to match the pay rates of other companies or competitors in the industry. However, market-based salary structures can lead to higher labor costs and may discourage internal promotions and growth. Respond promptly and take appropriate action to address the issue.

Compensation 126

Compensation Job Analysis Education Marketing 126

Zenefits

JANUARY 2, 2023

Step up your marketing game. There’s been so much going on over the last couple of years that no one will blame you if your marketing efforts have fallen to the wayside. What new audiences or market segments can you focus on reaching next year? Another marketing revamp to consider is to update or create new branding.

Small Business 98

Small Business Media Marketing Transportation 98

AIHR

JUNE 26, 2023

The right KSAs make candidates highly desirable in today’s job market. For instance, a marketing manager needs strong interpersonal abilities to collaborate with cross-functional teams, creativity to develop compelling campaigns, and adaptability to navigate rapidly evolving market trends.

Software 93

Software Engineering Project Management Marketing 93

AIHR

APRIL 30, 2024

It’s a lot later on average than in other functions such as, say, admin or finance or marketing, or any of the other big corporate functions. If you look at marketing and administration, HR is always the smallest little slither of the pie chart.” . “HR has a little bit of an image problem.

Education 114

Education Metrics Administration Benchmarking 114

Chief Executive

SEPTEMBER 14, 2022

Cathy says that whether you want to be a world-class orchestra or a world-class business, you need to benchmark against other world-class organizations, even when they don’t serve the same market as you.

Hospitality 87

Hospitality Benchmarking Operations Retention 87

Walk Me

JULY 18, 2022

CRM as we know it today began in the 1980s with pioneering database marketers Robert and Kate Kestenbaum. The marketing team usually specializes in this area, using a three-pronged attack to ensure as many customers are aware of a product or service as possible. Benchmarking. How To Use Benchmarking. Unique campaigns.

Change Management 59

Change Management Manager Benchmarking Strategic Planning 59

Zenefits

FEBRUARY 7, 2023

Due to the complexity of factors associated with employee compensation , it’s vital to know how to use market data to develop appropriate pay structures and identify pay inequities. It’s common for job market trends to shift. Setting goals for what’s affordable so you can best align your budget with market averages.

Compensation 52

Compensation Marketing Benefits Human Resources 52

AIHR

OCTOBER 12, 2022

Finding the right mix of pay, benefits, and other incentives is essential to attracting and retaining top performers, especially in a tight labor market. Pay plans are structured with pre-determined performance targets appraised within a certain period and paid out if benchmarks are met. Take company culture into account.

Compensation 124

Compensation Benefits Metrics Implementation 124

AIHR

NOVEMBER 22, 2022

To maintain this trust, regular benchmarking activities are conducted in a structured, data-driven way. What data sources are you using for your salary ranges and how are you positioned in the market? What HR can do: Educate employees on how benchmarking and comparative pay work. Benchmark internally as well as externally.

Compensation 116

Compensation Benchmarking Benefits Implementation 116

Mark Sandborn

FEBRUARY 10, 2024

Financial Health and Sustainability Sound financial management, diversification of revenue streams, and long-term financial planning are vital in weathering financial crises and market fluctuations. In a crowded market place, extraordinary products stand out. Ordinary products languish.

Operations 40

Operations Human Resources Benchmarking Sales 40

15Five

APRIL 16, 2024

With a wide range of employee engagement platforms on the market, we’ve drilled down the five steps you need to take to evaluate and onboard the right solution for your business. 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

JANUARY 17, 2023

Benchmark data will help with this. A good or bad new hire fail rate will depend on your industry and the job market, but anything over 30% suggests a cause for concern. Your OHI score indicates your overall performance and organizational health compared to a global benchmark. Absenteeism rate. Organizational Health Index.

Metrics 141

Metrics Benchmarking Compensation Employee Engagement 141