Remove Metrics Remove Retention Remove SaaS
article thumbnail

How to Measure HR Effectiveness with 12 Key Metrics

15Five

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
article thumbnail

6 User Adoption Strategies for Growing SaaS Businesses

Help Scout Leadership

For B2B SaaS companies, user adoption is one of the most important elements to get right in order to grow sustainably. Appcues found that activation (when customers experience the core value of the product) is the most important pirate metric for SaaS growth. more than the same percentage increase in retention.

SaaS 94
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

DAU/MAU is an important metric, but here’s where it fails

Andrew Chen

DAU/MAU has been a popular metric because of Facebook, which popularized the metric. This metric was always impressive for Facebook because it’s always been high. DAU/MAU isn’t the right metric there. In fact, for SaaS, it seems to be the exception not the rule. That’s awesome!

Metrics 106
article thumbnail

How to Build a Habit-Forming Enterprise Product

Nir Eyal

For companies building products for enterprise customers, increasing customer retention by just 5 percent increases profits by 25 to 95 percent. User retention is perhaps the most important metric for SaaS providers, who offer products or services that must engage customers regularly to ensure they don’t churn.

SaaS 62
article thumbnail

Don't Let Your North Star Metric Deceive You

Brian Balfour

We’ve all heard the rallying cry of the “One Metric That Matters”. But blindly buying into the concept of the one metric that matters (OMTM) is a fatal oversimplification. The one key metric can make you think that is not important.” 4 Reasons OMTM is Misleading Even the name “One Metric That Matters” is problematic.

Metrics 105
article thumbnail

The 10 Best Employee Survey Tools for 2024

Vantage Circle

Exit Interviews: Understand why employees are leaving and identify areas to improve retention. Boosting Retention : Regular surveys can point out underlying issues that contribute to employee dissatisfaction and turnover before good talent leaves.

article thumbnail

The Evolving Job Market in the Eyes of a Recruiter

Vantage Circle

● Using Metrics to ensure continuous improvement Important metrics include- Offer acceptance rates. Early-stage employee retention rates. Regularly track these metrics and set up quarterly reviews to discuss results and areas of focus. What Can be Done to Implement and Improve this Journey of Candidate Experience?