Vantage Circle

JULY 20, 2023

It involves analyzing a piece of content in areas like recruitment, retention, employee engagement, and leadership representation to identify strengths and areas needing improvement. Retention : Monitor retention rates among diverse groups to identify potential retention challenges. How to collect and analyze data?

Inclusion 42

Inclusion Diversity Metrics Recruitment 42

Chief Executive

JANUARY 19, 2023

One thing that stands out in reading about your father’s approach to running the business is that you don’t benchmark against another chicken sandwich joint. When you say you’re benchmarking against the best, you’re looking at Ritz-Carlton. We have a 98 percent retention rate among our corporate staff and our restaurant operators.

Operations 98

Operations Benchmarking Leadership Development Scaling 98

Andrew Chen

JANUARY 9, 2020

1) cohort retention curves that flatten (stickiness). It’s not unusual for a startup to have “meh” retention. But then usually, team says it will improve retention via better activation, lifecycle marketing, improving product features, etc. Lots of benchmarking. 2) actives/reg > 25% (validates TAM).

Marketing 52

Marketing Retention B2B Scaling 52

AIHR

JUNE 30, 2021

Overall, investing in employee career development and succession management programs help you improve employee retention. A great benchmark is to get clear on the top 5 to 10 critical positions. This means you’re ideally looking for candidates who would be happy moving overseas or regularly traveling. Knowledge transfer.

Manager 52

Manager Succession Planning Recruitment Onboarding 52

Andrew Chen

NOVEMBER 1, 2021

It’s usually a 100% focus on acquisition — and not much on retention at all, so it’s more hustle and less notifications/email-led. I often use benchmarks like D30 >20% or projecting out M12 to be >30% to try to assess this. Both acquisition and retention both become priorities.

Scaling 82

Scaling Marketing Recruitment B2B 82

Vantage Circle

JANUARY 31, 2022

Higher Retention. High employee retention happens when employees feel connected to their work. You need to collect data to understand your efforts, weak areas, and a benchmark for the future. An avid reader and a frequent traveler, she loves exploring new perspectives. Measure Employee Engagement.

Employee Engagement 93

Employee Engagement Benefits Manager Employee Relations 93

Vantage Circle

DECEMBER 19, 2022

A strong company culture can improve employee retention, boost morale, and increase productivity. Studies suggest that expressing gratitude results in improved employee satisfaction and retention. Between being an active writer and a traveler, Vaishali can be found wound up in books about psychology and human behavior.

Employee Engagement 75

Employee Engagement Benefits Diversity Manager 75

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. Maybe you’re international – an important use case for travel-oriented apps like Uber. We can then use the cohort retention curves to build curves that translate to monthly actives or customers.

Metrics 111

Metrics Scaling Marketing Media 111

Walk Me

AUGUST 18, 2022

Managers use benchmarking to learn from other healthcare organizations and set comparative metrics to hit realistic targets. Managers and leaders in financial teams must travel far and wide and, as often as possible, speak with frontline staff and bring item samples to get the most out of the operational budgeting process.

Hospitality 52

Hospitality Manager Operations Insurance 52

BCW Institute

SEPTEMBER 26, 2022

So we know from research and collecting a lot of data that wage increases in general are a weak solution to retention challenges. There’s things around COVID and around travel restrictions and work in both developed and developing countries. all those questions, then we want to talk about the power of raising pay. Get some help.

Compensation 52

Compensation Marketing Employee Engagement Nonprofit 52

AIHR

FEBRUARY 23, 2024

Ideal employers frequently benchmark their compensation plans and adopt progressive benefits strategies to remain competitive. Work-life balance: The pandemic accelerated trends in remote working and caused employees to take a step back to prioritize balancing corporate demands with a rewarding life.

Diversity 81

Diversity Inclusion Recruitment Compensation 81

AIHR

APRIL 9, 2024

For that reason, you should be a little bit careful when interpreting the time to hire benchmark we included below. This metric can also be turned around as ‘candidate retention rate’. External costs would be background checks, sourcing expenses, travel expenses, or marketing costs. & Canada 21 28 25 26 24 U.K. &

Metrics 105

Metrics Recruitment ROI Onboarding 105

Get Lighthouse

FEBRUARY 9, 2023

They also don't travel more than the average employee. set goals clear enough that people can benchmark themselves or their decisions? Those include pulling from a larger talent pool to increased retention and productivity from those working remotely. So, are you ready to hire remote workers and manager them well?

Onboarding 137

Onboarding Manager Team Management Benefits 137