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 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

FEBRUARY 19, 2024

HR metrics provide a data-driven approach to managing human capital, offer insights into the effectiveness of HR practices, and ultimately predict the future. Let’s take a look at the commonly used HR metrics and how you can track and utilize them in your organization. Contents What are HR metrics?

Metrics 105

Metrics Recruitment Human Resources Revenue 105

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 69

Metrics Benchmarking Retention Inclusion 69

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. In the current job market, complicated by the COVID-19 pandemic, recruiters and sourcers face the challenge of finding qualified candidates for many unfilled roles.

Metrics 98

Metrics Recruitment A/B Testing Benchmarking 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

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

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

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

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. There were similar products on the market at the time of its release, but most of them only could hold 30 or 40 songs. Take, for example, the iPod.

Sales 363

Sales Sales Metrics SaaS 363

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 130

Recruitment Metrics Benchmarking Software 130

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

LSA Global

JANUARY 6, 2025

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. Highlighting trends, benchmarks, and potential challenges reinforces the business case for change and bolsters trust.

Benchmarking 67

Benchmarking Strategic Planning Accounts Implementation 67

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 external market, low-cost shipbuilding projects are increasingly moving to Asia, while the European builders are the go-to for technologically advanced ships, like navy vessels and superyachts.

Deliverables 138

Deliverables Benchmarking Metrics Recruitment 138

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 105

Compensation Sales Sales Metrics 105

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 124

Recruitment Benchmarking Metrics KPI 124

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 Metrics Benchmarking Marketing 111

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. Variable compensation, also known as variable pay , is supplementary compensation typically tied to performance goals measured by specific metrics. Set realistic and attainable goals.

Compensation 130

Compensation Metrics Benefits Benchmarking 130

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

Vantage Circle

APRIL 4, 2023

Similarly, external factors like market changes or unforeseen events can significantly affect a leader's performance. Embrace the following methods of leadership measurement and analyze the following key metrics with the help of the right tools- 1. Thus, it's sometimes difficult to isolate the leader's impact.

Metrics 72

Metrics Employee Engagement Project Management ROI 72

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. Imagine working for a marketing company and having a vacancy for a marketing manager in one of your regions. It is an excellent metric for business planning. What is time to fill?

Metrics 52

Metrics Recruitment Benchmarking Advertising 52

Andrew Chen

JULY 10, 2018

One important label is the new “market network” concept. James Currier (of NFX) pens one of the classics of the last few years, defining the term “Market Network” – multiple participants, SaaS tools, with transactions at the center. Key differences: 1) Market networks target more complex services.

Metrics 110

Metrics eCommerce Retention SaaS 110

Andrew Chen

JANUARY 9, 2020

A really detailed 68 page analysis of the podcast market. I did a Q&A on Quora about investing, growth channels, metrics, and life as a startup CEO — it was fun, and some of the answers ended up getting a million views! Magic metrics indicating a startup probably has product/market fit. Lots of benchmarking.

Marketing 110

Marketing Retention B2B Scaling 110

Peter Winick

MARCH 7, 2024

When setting up thought leadership functions, consider placement, ownership, and metrics for success. If you need a strategy to bring your thought leadership to market, Thought Leadership Leverage can assist you! In addition, we can help you implement marketing, research, and sales. Is it a marketing function? Make sense.

Marketing 293

Marketing Diversity Metrics Benchmarking 293

AIHR

AUGUST 15, 2024

Failing to contextualize the model for the business Every business operates within its own unique set of circumstances and challenges, shaped by factors such as industry dynamics, market competition, regulatory environment, and cultural diversity. The report also includes a benchmark of your model against other companies.

Implementation 98

Implementation Operations Digital Transformation Administration 98

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 111

Benchmarking Compensation Software Scaling 111

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 125

Metrics Diversity Revenue Benefits 125

AIHR

OCTOBER 26, 2021

Cost per hire is one of the most used HR metrics and recruiting KPIs. For example, how do you quantify the marketing material needed to advertise a vacancy? This makes the cost per hire arguably one of the most important, but also the trickiest metrics in recruiting and talent acquisition. Contents What is cost per hire?

Recruitment 105

Recruitment Metrics Compliance Advertising 105

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 111

Compensation Manager Compliance Benchmarking 111

AIHR

JULY 26, 2022

You can use your headcount plan to hire people based on forecasted business performance and changes in the market. If you’re expanding to new markets, you’ll have to gain a lot of insight into what kind of people you need. Look for team sizes and ratios benchmarks, and combine the data with your company’s growth plan.

Staffing 143

Staffing Recruitment Onboarding Sales 143

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

DECEMBER 22, 2023

Achieving internal and external pay equity : Fair pay makes employees feel good about their salaries compared to the market. Performance bonuses: Bonuses tied to performance metrics incentivize and reward high achievers. Stock options: Providing stock options aligns employee interests with the company’s long-term success.

Compensation 111

Compensation Benefits Insurance Metrics 111

AIHR

APRIL 20, 2022

It is a financial metric that expands on the benefits and business results relative to a training program. Isolating the effects of training – There are other factors that might have an impact on the performance that you’re aiming to improve with the training, like organizational culture, market conditions, and more.

ROI 138

ROI Sales Sales Benchmarking 138

AIHR

FEBRUARY 28, 2024

Importance of HR analytics HR analytics examples Key HR metrics Data analytics in HR: How to get started How to transition from descriptive to predictive and prescriptive analytics in HR HR analytics certification FAQ What is HR analytics? Contents What is HR analytics? What is HR analytics used for?

Human Resources 124

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

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.” Here, stakeholder feedback and satisfaction metrics can be valuable.

Metrics 116

Metrics Administration Education Benchmarking 116

AIHR

MARCH 1, 2023

This metric is used by HR professionals to gauge the effectiveness of their recruitment and selection process and to identify any areas where improvements can be made. An organization’s offer acceptance rate is an important metric that measures the percentage of job offers extended by a company that is accepted by candidates.

Recruitment 98

Recruitment Metrics Retention Compensation 98

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 98

Staffing Recruitment Succession Planning Metrics 98