LSA Global

JANUARY 6, 2025

The more you increase peoples receptivity, the better your chances of them getting onboard. Highlighting trends, benchmarks, and potential challenges reinforces the business case for change and bolsters trust. Are your strategy and goals clear enough? Are you using data to challenge and align your strategic assumptions?

Benchmarking 67

Benchmarking Strategic Planning Accounts Implementation 67

AIHR

MAY 13, 2024

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. By setting benchmarks and targets for key metrics, you can establish performance standards and identify opportunities for improvement.

KPI 119

KPI Benchmarking Metrics Inclusion 119

AIHR

AUGUST 23, 2022

Dedicated candidate experience tools will help you send surveys after application, interview, rejection, and onboarding. Candidate surveys are then automatically emailed when a candidate enters a specific step in your ATS, e.g., applied, had been interviewed, rejected, or onboarded. Act on the results.

Recruitment 124

Recruitment Benchmarking Metrics KPI 124

AIHR

JULY 15, 2024

Every interaction between each candidate and the company, from application to onboarding, influences the candidate’s experience. First-year attrition rate Since candidate experience includes the onboarding process , it’s important to gather data on the percentage of new hires who leave the company within their first year of employment.

Metrics 81

Metrics Recruitment Software Onboarding 81

15Five

JANUARY 23, 2024

Compare your turnover rate to industry benchmarks Identifying patterns is one thing, but the best way to know if your turnover rates are worth investigating is by comparing them to benchmarks specific to your industry. Bureau of Labor Statistics is a great resource for benchmarking. Here are some strategies for doing that.

Benchmarking 116

Benchmarking Compensation Retention Onboarding 116

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

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. 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.

Employee Engagement 98

Employee Engagement Software Onboarding User Experience 98

Help Scout Leadership

JULY 20, 2021

Setting up benchmarks for the standards you’d like to achieve with your customers is an essential step for deepening your customer orientation. Your customer success and support teams might think they know exactly what the customer values regarding response time or their onboarding.

Sales 363

Sales Sales Metrics SaaS 363

AIHR

FEBRUARY 9, 2022

The purpose of tracking new hire turnover is to determine how effective your hiring and onboarding processes are. Reducing new hire turnover, therefore, helps you optimize costs and improve your talent acquisition and onboarding. Different organizations have a different benchmark for what counts as new hire turnover.

Onboarding 124

Onboarding Metrics Recruitment Human Resources 124

AIHR

NOVEMBER 1, 2022

This could also include collaborating with hiring managers to develop applicant criteria, conducting onboarding, helping resolve labor issues, and developing training materials, to name a few. Tasks may include: Managing compensation records Benchmarking of compensation Handling annual performance reviews. Training and development.

Human Resources 139

Human Resources Compensation Recruitment Onboarding 139

AIHR

AUGUST 16, 2022

Talent acquisition analytics—also known as TA analytics—refers to the process of analyzing candidate and recruitment data and discovering unique insights that can help you make evidence-based decisions in your recruiting and onboarding processes, improve your hiring journey, and ultimately, meet business objectives.

Recruitment 130

Recruitment Metrics Benchmarking Software 130

AIHR

JULY 26, 2022

Mapping out a strategy of all the positions you need to hire and the recruitment expenses that go with it (job ads, staffing agency fees, onboarding costs) enables you to make an informed decision in planning your budget to account for your staffing requirements. Review the data you have in your HRIS, ATS and your headcount reporting.

Staffing 143

Staffing Recruitment Onboarding Sales 143

AIHR

FEBRUARY 1, 2024

When it comes to compensation metrics , accurate data is essential for benchmarking the competitiveness of your packages. You’ll also have access to insights and intelligence via real-time analytics and benchmarking data to help you build a competitive, market-aligned compensation management plan.

Compensation 111

Compensation Manager Compliance Benchmarking 111

AIHR

MARCH 16, 2023

Avoiding unnecessary costs It can be expensive to recruit and onboard new employees. Then, you onboard them and provide them with the necessary resources, tools, and training to perform their roles effectively. This usually takes the form of orientation and onboarding sessions and job-specific training.

Manager 132

Manager Onboarding Retention Recruitment 132

Vantage Circle

DECEMBER 26, 2022

Setting specific benchmarks for achievement. Onboard the Right Tools. Onboard the Right Tools. In order to improve peer-to-peer recognition, you need to have a comprehensive onboarding strategy. You should leverage this opportunity by using the right onboarding tools. The basics of peer-to-peer recognition.

Onboarding 98

Onboarding Implementation Benchmarking Education 98

AIHR

OCTOBER 8, 2024

Onboarding satisfaction Onboarding satisfaction metrics evaluate how new employees perceive their onboarding experience. This provides important insights into the effectiveness of your organization’s onboarding process and which areas need improvement. You can even create a DEI dashboard for your organization.

Metrics 98

Metrics Employee Engagement Retention Onboarding 98

AIHR

OCTOBER 12, 2022

Pay plans are structured with pre-determined performance targets appraised within a certain period and paid out if benchmarks are met. Gather information about what your competitors are doing and the benchmarks for similar positions and levels. There should be a thorough explanation of how the plan works during onboarding.

Compensation 130

Compensation Metrics Benefits Benchmarking 130

Zenefits

SEPTEMBER 14, 2022

Improve our virtual onboarding experience. Improve our virtual onboarding experience. Benchmarking. This will require you to do a little research to benchmark your business against current conditions. There are several resources you can use for competitive benchmarking, including: The Bureau of Labor Statistics.

Compensation 59

Compensation Benchmarking Insurance Benefits 59

AIHR

MAY 26, 2021

Essentially, an HR audit is an opportunity to tighten up processes so that aspects like recruitment, retention, onboarding, training, salary and compensation, payroll, and performance management all get the attention they need. Likewise, the end or beginning of the year can help an organization benchmark improvements year over year.”

Compliance 98

Compliance Compensation Human Resources Recruitment 98

Growth Hacker

SEPTEMBER 30, 2022

Example: considering the expansion demand listed above, the growth team has talked with the VP of Customer Service, the Chief Revenue Officer, and the Onboarding team and mapped out three key expansion opportunities that, although they have never been done before, if validated, could change the rules of the game.

KPI 96

KPI Reorganization Revenue Onboarding 96

AIHR

MAY 11, 2020

Think for instance of: 1: getting the organization’s attention 2: recruitment 3: onboarding 4: retention 5: ending the employer-employee relationship 6: staying in touch. That’s why it’s important to benchmark the score against other organizations in the same sector. Onboarding. Employee lifecycle.

Onboarding 116

Onboarding Metrics User Experience Scaling 116

AIHR

FEBRUARY 12, 2024

In the Employ’s Quarterly Insight’s report , benchmark data indicates that one-third of the time spent hiring is on sourcing, regardless of how fast the hiring process is. Onboard: Facilitate the onboarding process for the new hire, including orientation and paperwork.

Recruitment 111

Recruitment Onboarding Staffing Media 111

Zenefits

JUNE 23, 2022

Improve our virtual onboarding experience. Improve our virtual onboarding experience. While the BLS’ analysis is a reliable benchmark, it would be a mistake to solely rely on it. Simplify benefits administration. Automate payroll. Streamline HR processes. Automate repetitive and time-consuming tasks. Any of the above.

Administration 105

Administration Onboarding Benefits Government 105

15Five

JANUARY 18, 2024

I feel like we’re constantly losing people”) into hard facts you can compare to industry benchmarks (e.g. Implementing effective onboarding programs: While many organizations tend to exclude new hires from their turnover rates, the way you onboard employees can affect their performance throughout their entire tenure.

Retention 98

Retention Performance Management Onboarding Compensation 98

AIHR

FEBRUARY 27, 2023

Moreover, they develop, integrate and spearhead the establishment of HR policies in other HR areas like onboarding, performance reviews, training, and succession planning. CTOs work closely with the company’s director and other decision-makers. CTOs also take the lead in organizing the recruitment process for hiring managers and team leaders.

Staffing 98

Staffing Recruitment Retention Succession Planning 98

Vantage Circle

JUNE 7, 2024

Onboarding surveys: Targeted at new hires, these surveys gather feedback on the onboarding process and early experiences with the company. It covers the full lifecycle from onboarding to exit. Pulse surveys: Short, frequent surveys to gauge real-time employee sentiment on specific topics.

Benchmarking 52

Benchmarking SaaS Employee Engagement Onboarding 52

Andrew Chen

JULY 10, 2018

Anand Iyer (ex-Threadflip) writes about using trust throughout the product: Ratings, Curation, Customer service, Mobile first, Good onboarding, Frictionless Payment, Social proof. Read the whole thing here: [link]. Jonathan Golden (ex-Airbnb) on bootstrapping liquidity, adding host guarantees, reacting to competition, user experience.

Metrics 110

Metrics eCommerce Retention SaaS 110

AIHR

MAY 31, 2023

Knowing how to calculate the promotion rate and benchmark your internal promotion rate against competitors allows businesses to understand how well they are promoting from within and pinpoint areas where promotion policies and practices could be improved. SHRM’s benchmarking report states that the average promotion rate is 6%.

Metrics 98

Metrics Benchmarking Employee Engagement Performance Management 98

Get Lighthouse

FEBRUARY 9, 2023

set goals clear enough that people can benchmark themselves or their decisions? 13) Onboarding is different, and even more important Onboarding a new hire well is critical. only 21% of 1,500 employees surveyed were satisfied with their employer's onboarding process. create confidence?

Onboarding 137

Onboarding Manager Travel Benefits 137

Vantage Circle

JULY 13, 2022

Start at onboarding. During the onboarding process , the employees are informed about not only their work but also the company culture. The onboarding process is the perfect time to lay down the foundation for a healthy work culture devoid of toxic subcultures like bro culture. Frankly, this excuse is overused and played out.

Manager 97

Manager Onboarding Inclusion Diversity 97

Brian Balfour

FEBRUARY 7, 2017

It actually wasn't too bad at SoundCloud, by industry benchmarks, Andy told me. But Andy and the team at SoundCloud believed that the first challenge was to onboard users well enough that they were able to experience value and understand the product in the first session. But, retention can always be better. “If

Retention 62

Retention Benchmarking Metrics Rollout 62

AIHR

APRIL 25, 2022

This benchmark determines which tests applicants take and provides insights into how their behavioral data matches up. Employee onboarding software. A report center allows you to track the success of your onboarding program with the right metrics. Olivia automates many functions, including screening, scheduling, and onboarding.

Recruitment 122

Recruitment Human Resource Information Systems (HRIS) Software Human Resources 122

AIHR

OCTOBER 26, 2021

These include expenses such as sourcing and recruitment advertising costs, onboarding, referral bonus program costs, etc. SHRM developed an industry benchmark that you can review to understand if your cost per hire is at the industry average. Multiple factors impact your organization’s cost per hire. Cost per hire formula.

Recruitment 105

Recruitment Metrics Compliance Advertising 105

Vantage Circle

JANUARY 10, 2024

Are you looking to reduce turnover, improve employee satisfaction , or meet industry benchmarks? Benchmark Against Industry Standards Research industry-specific benchmarks to see how your organization compares to others in your field. Benchmarking against industry standards. Analyzing historical data.

Retention 59

Retention Metrics Benchmarking Implementation 59

AIHR

JUNE 27, 2024

As an HR professional, you can also use interview notes to benchmark best practices based on successful hires. Recording interview notes can also help mitigate biases and support fair decision-making during the hiring process. Contents What are interview notes?

Recruitment 116

Recruitment Scaling Compliance Onboarding 116

AIHR

MAY 18, 2021

It allows you to plan onboarding and handover procedures more effectively too. Your formula would be: The number of calendar days between the starting point (manager approves role or day job is advertised) and the endpoint (date that candidate accepts the job offer or until the first day of onboarding ). US average. UK & Ireland.

Metrics 52

Metrics Recruitment Benchmarking Advertising 52

AIHR

FEBRUARY 20, 2023

It is recommended to have 3 interview rounds as your benchmark. Once your candidate has accepted the offer and signed, communicate the next steps in your onboarding process. This will, of course, be impacted by factors such as whether you are hiring for a senior or more technical position.

Recruitment 143

Recruitment Media Advertising Compensation 143