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

MARCH 1, 2022

Tracking succession planning metrics helps you understand how you’re doing and what you need to do better. Let’s have a look at succession planning metrics your organization can learn a lot from. Common succession planning metrics 1. Other operational metrics. Common succession planning metrics.

Succession Planning 116

Succession Planning Metrics Talent Development Operations 116

AIHR

AUGUST 15, 2024

Here’s why organizations choose the HR Business Partner model to operate their HR function: Operational excellence: The three-legged HRBP model consists of HR business partners, HR shared services , and Centers of Excellence (CoEs) led by a strong HR leadership team. It’s an age-old dilemma.

Implementation 98

Implementation Operations Digital Transformation Administration 98

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

15Five

MAY 19, 2023

According to Gartner, 58% of organizations say a lack of relevant metrics to track HR progress is one of the top barriers to effective strategic planning. Most other business functions have a standard set of metrics that show the effectiveness of their team and how they’re contributing to the company’s bottom line (e.g.,

Metrics 105

Metrics Retention Recruitment Revenue 105

AIHR

JANUARY 11, 2022

Employee engagement metrics are increasing in importance as ways of working become more complex and remote. These metrics are a vital indicator of employees’ level of connectedness and motivation. So what employee engagement metrics should your track to create a motivated, engaged workforce? Employee retention rate 3.

Employee Engagement 98

Employee Engagement Metrics ROI Retention 98

AIHR

JULY 20, 2021

” The quote is quite apt when it comes to understanding employee training metrics because how else can you show results and make improvements? Executives are typically skeptical about investing money into training without any clear outcomes or metrics. Contents What are employee training metrics?

Metrics 96

Metrics ROI Sales Sales 96

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

AIHR

MARCH 9, 2020

In this article, we will look at what the HR to employee ratio is, list factors that will influence this ratio, and give a benchmark of the HR to staff ratio. HR to employee ratio best practice Optimal HR to employee ratio benchmark. This metric provides a ratio that is indicative of the efficiency of HR. Role of HR.

Benchmarking 140

Benchmarking Staffing Metrics Human Resources 140

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 13, 2024

HR processes can improve a business’s operation, clarify its overall purpose, and help it grow. HR process example: Performance appraisals HR works closely with managers to set performance criteria and benchmarks. For instance, which specific HR processes should you map, and which metrics must you track?

Compliance 98

Compliance Onboarding Human Resources Compensation 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. Leaders want to hold their recruiting and talent operations accountable for quality and efficiency. What is quality of hire?

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. For example: Recruitment metrics (e.g.,

KPI 119

KPI Benchmarking Metrics Inclusion 119

LSA Global

JANUARY 6, 2025

Alignment with Ways of Working, Resources, and Capabilities We know from leadership simulation assessment data that too many leaders ignore cultural and operational realities. Strategies that clash with organizational culture or overlook operational constraints are unlikely to gain traction.

Benchmarking 67

Benchmarking Strategic Planning Accounts Implementation 67

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

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. Net revenue per employee is another important metric to consider in this economy, as labor costs continue to skyrocket.

Benchmarking 52

Benchmarking Real Estate Revenue KPI 52

Andrew Chen

NOVEMBER 1, 2018

One of the reasons I’ve been excited about being a professional investor is the ability to apply my skills as an operator. 2) Then, to identify potential upside based learnings from within the company as well as across benchmarks from across industry. The problem is that the Growth Accounting Framework provides for lagging metrics.

Metrics 111

Metrics Scaling Marketing Accounts 111

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

Vantage Circle

APRIL 4, 2023

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. They influence both the economic and operational performance of your organization.

Metrics 72

Metrics Employee Engagement Project Management ROI 72

AIHR

APRIL 30, 2024

HR professionals must let go of the idea that positive feedback is the only success metric. Even though this is difficult, the HR leader needs to have a candid conversation with the CEO about the role of HR, its mandate of operations, and how it should be positioned within the business.

Metrics 116

Metrics Administration Education Benchmarking 116

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. This helps you reduce fixed labor costs.

Compensation 130

Compensation Metrics Benefits Benchmarking 130

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

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? We discuss more real-life examples below.

Human Resources 124

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

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. While you might get away with running HR operations on a few spreadsheets if you’re a micro business, the minute you start to grow, it’s time to onboard project management software.

Employee Engagement 98

Employee Engagement Software Onboarding User Experience 98

AIHR

FEBRUARY 1, 2024

Operational focus: Ensures the accurate and timely payment of employees. When it comes to compensation metrics , accurate data is essential for benchmarking the competitiveness of your packages. Refers to the actual process of calculating and distributing wages and salaries to employees.

Compensation 111

Compensation Manager Compliance Benchmarking 111

AIHR

MARCH 6, 2019

For some, PA is the reporting of standard HR metrics. The most primitive tools are essentially the latest form of benchmarking, while the most sophisticated offer the capacity to fine tune HR delivery to optimize organizational performance. They often provide industry-wide data for benchmarking purposes.

Benchmarking 84

Benchmarking Workflows Government Metrics 84

AIHR

OCTOBER 26, 2021

Cost per hire is one of the most used HR metrics and recruiting KPIs. This makes the cost per hire arguably one of the most important, but also the trickiest metrics in recruiting and talent acquisition. Why is cost per hire an important metric to track? Why is cost per hire an important metric to track?

Recruitment 105

Recruitment Metrics Compliance Advertising 105

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

15Five

OCTOBER 28, 2021

Employee engagement heroes DO: Measure core engagement (instead of satisfaction) using statistically-valid statements with results benchmarks (so they know where their measuring stick is). But to take full advantage of its value, leadership must be willing to tie employee engagement metrics to business outcomes.

Employee Engagement 105

Employee Engagement Metrics Accounts Benchmarking 105

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. Then translate those to your sub-departments (Recruitment, HR Operations , L&D, etc.). It describes where you want to go.

KPI 145

KPI Human Resources Employee Relations Retention 145

Peter Winick

DECEMBER 12, 2022

When this happens, neither department is focused on their own metrics or wins. Winston explains that teams need to be able to step out of their bubble in order to better understand how the other functions in your company operate, and their value to your work and to the whole. Marketing metrics are things like lights, clicks.

Sales 244

Sales Sales Marketing Revenue 244

AIHR

FEBRUARY 6, 2024

Operational recruitment goals Goals to improve the HR department’s recruitment capabilities, processes, and performance. 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.

Recruitment 105

Recruitment Metrics Retention Onboarding 105

Vantage Circle

APRIL 22, 2021

Vanity metrics like social media followers and website visits do not move your business forward. Technology helps businesses run more efficiently, and for companies operating remotely, it is essential for maintaining high levels of collaboration. Teams will focus on giving employees a sense of purpose and less on vanity metrics.

Software 98

Software Metrics Benchmarking Implementation 98

AIHR

JULY 26, 2022

The process ensures that the organization operates with the set budget to hire or retain the correct number of people with the appropriate skills and competencies to achieve its goals. Create a headcount report dashboard to gain accurate information on your current headcount status and key metrics in real-time.

Staffing 143

Staffing Recruitment Onboarding Sales 143

15Five

JULY 18, 2019

But your OKRs should never be used to set metrics that fall under the “business as usual” or “work as usual” buckets—it is not a laundry list of your overall work deliverables. If your CEO asks you to choose , which OKR would make the most significant difference to how your company operates? Less is more. Therein lies your answers.

Metrics 93

Metrics Revenue Deliverables Software 93

AIHR

SEPTEMBER 26, 2024

Each function operates as a separate unit, often with its own manager, and focuses on specific areas of HR. HR Shared Services HR Shared Services refer to a centralized hub of operational and administrative HR duties. Traditionally, CoEs worked somewhat separately from an organization’s daily business operations.

Administration 52

Administration Implementation Operations Compensation 52