Pingboard

JULY 7, 2021

In this post, we’ll go over 20 HR metrics — qualitative and quantitative — that will deliver the clearest insights for your organization. . What Are HR Metrics? . As you’ll see, HR metrics include a wide range of core and non-core areas like: . Why It’s Important To Track Human Resources Metrics and Who It Benefits.

Metrics 52

Metrics Hiring Software HR Software HR Planning 52

MP Wired For HR

OCTOBER 29, 2024

Data-Driven Decision Making Combining financial data—such as budgets and costs— with HR metrics, including talent acquisition and turnover rates, allows organizations to make informed decisions. Organizations must regularly benchmark their compensation packages against industry standards to remain attractive to potential employees.

Workforce Planning 115

Workforce Planning Planning Tools Retention and Turnover Talent Acquisition 115

UKG

JUNE 4, 2021

Knowing which metrics and measurements to focus on is a perennial challenge for CFOs and finance departments, and the current state of workforce management makes it that much trickier. Even as most industries are well on their way to recovery, the lessons learned from an unorthodox financial year continue to resonate.

Metrics 52

Metrics Hiring Software Staffing Software Onboarding Software 52

Contact Monkey - HR

AUGUST 14, 2024

Have you ever found yourself lost in a sea of employee engagement benchmark data, trying to decode the numbers?? If analyzing your employee engagement benchmark data has you stumped, read on for shortcuts and how-tos for better understanding your employee data. Let’s get started on this journey towards a more engaged workforce.

Benchmarking 59

Benchmarking Employee Engagement Onboarding Software Hiring Software 59

HR Lineup

AUGUST 16, 2024

Salary benchmarking, also known as compensation benchmarking, is a crucial process for businesses that aim to maintain a competitive edge in attracting and retaining talent. What is Salary Benchmarking? This comparison is made using data from salary surveys, industry reports, and other compensation data sources.

Benchmarking 77

Benchmarking Hiring Software Compensation Employer Branding 77

PoliteMail

JULY 2, 2024

Benchmarking plays a crucial role in business, whether it involves internal assessments or comparisons with industry standards. By evaluating metrics such as sales and employee retention rates, companies can determine their strengths and weaknesses in relation to both their own past performance and that of their competitors.

Benchmarking 52

Benchmarking Assessment Software Planning Tools Comparison 52

Analytics in HR

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.

HR Software 114

HR Software Staffing Software Hiring Software Benchmarking 114

Analytics in HR

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 81

Metrics Hiring Software Onboarding Software Assessment Software 81

Bullhorn Blog

APRIL 18, 2024

In today’s fast-paced staffing industry, making the wrong hire can cost companies as much as $17,000, according to CareerBuilder. Track the right metrics After you’ve implemented a data-driven strategy, ensure that you proactively measure its performance by tracking metrics for both individual and organizational levels.

Bullhorn 72

Bullhorn Recruiting Software Staffing Software Hiring Software 72

Analytics in HR

JANUARY 17, 2023

What are some organizational health metrics HR should know and keep track of? 12 organizational health metrics to measure. profit vs. non-profit) and industry. 12 organizational health metrics to measure. This is a great organizational health metric because it shows how satisfied your employees are at work.

Metrics 132

Metrics HR Software Hiring Software Benchmarking 132

Bayzat

SEPTEMBER 16, 2024

This echoes the findings from a recent survey where 82% of business leaders and executives agree that HR metrics are a key factor for their organization’s success—and almost one-third want to see more frequent updates from HR teams. Looking for an easier way to analyze and present HR metrics? What are HR Metrics?

Metrics 52

Metrics HR Planning Retention and Turnover Hiring Software 52

Peoplebox

NOVEMBER 12, 2024

It’s not endless A/B testing of job descriptions or obsessing over every minor metric. With data, you have key metrics like turnover rates, departmental movements, and skill gaps in place. Here’s what all these metrics help you do. Step 2: Select Relevant Recruitment Metrics Data drives good recruitment, but not all data.

Video Recruiting 52

Video Recruiting AI Recruiting Recruiting Software Hiring Software 52

Analytics in HR

OCTOBER 23, 2024

A growing number of companies are prioritizing purpose, linking profit to environmental, social, and governance (ESG) metrics that attract conscious investors, customers, and employees. Contents What are ESG metrics? When it comes to HR and ESG , numerous ESG-related responsibilities fall under the purview of Human Resources.

Metrics 71

Metrics HR Software Assessment Software Wage and Hour Training 71

PoliteMail

JULY 13, 2023

Benchmarking compares an organization’s performance — using metrics and key performance indicators (KPIs) – to standardized data from the historical performance within your own company or other companies within your industry. Identify relevant metrics. Locate published benchmarks. Compared to what?

Benchmarking 52

Benchmarking Assessment Software Planning Tools Retention and Turnover 52

PoliteMail

JANUARY 10, 2024

Think of your year-end communications benchmarks like a holiday baking competition. To kick off your benchmarking project, assess the holiday treats (internal communications) your communications team served your employee audiences last year. For example, the Benchmark Report finds that the average corporate email open rate is 68%.

Benchmarking 59

Benchmarking Assessment Software Planning Tools Metrics 59

Analytics in HR

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.

Hiring Software 108

Hiring Software Recruiting Software Interview Software Onboarding Software 108

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.

Metrics 59

Metrics Retention and Turnover HR Software Benchmarking 59

Terryberry

MAY 16, 2024

Thousands of various data points and metrics can be used to describe your workforce, but gathering all of the data in one place and seeing it in an easy-to-understand format can be tricky. Workforce analytics software compiles all of your data in a central location, where you can evaluate and compare a variety of metrics.

HR Software 52

HR Software Hiring Software Recruiting Software Planning Tools 52

Bullhorn Blog

APRIL 18, 2024

In today’s fast-paced staffing industry, making the wrong hire can cost companies as much as $17,000, according to CareerBuilder. Track the right metrics After you’ve implemented a data-driven strategy, ensure that you proactively measure its performance by tracking metrics for both individual and organizational levels.

Bullhorn 52

Bullhorn Recruiting Software Staffing Software Hiring Software 52

Visier

JANUARY 28, 2018

It’s also important to understand that you can’t impress a CEO with a large volume of tactical recruiting metrics. Instead, you must focus on metrics that demonstrate a direct impact on what CEO’s really care about, the firm’s strategic goals. The Metrics That Reveal the Highest Business Impacts from Talent Acquisition Actions.

Metrics 279

Metrics Talent Acquisition Recruiting Software Hiring Software 279

Edcor

OCTOBER 3, 2024

Edcor has deployed an industry-leading, detailed customer service measurement tool that provides agents with actionable insights into their performance daily using a combination of traditional contact center metrics, post-call survey results, and speech analytics. This keeps our teams on their A-game. Think Edcor. Think Possible.

AI Recruiting 52

AI Recruiting Staffing Software Recruiting Software Analytics 52

Analytics in HR

JULY 19, 2022

Thus, it is essential to track HR business partner metrics to ensure that your company’s HRBPs are effective. Let’s dive into the HR Business Partner metrics! Contents What are HR Business Partner metrics? Why track HR Business Partner metrics HR Business Partner metrics examples.

Metrics 134

Metrics HR Planning Examples HR Software 134

Contact Monkey - HR

MAY 10, 2024

We’ll take the guesswork out of measuring your employees’ engagement with our practical employee engagement metrics. Instead, it takes a variety of metrics to measure employee performance to determine your organization’s employee engagement. We’ve selected these 10 employee engagement key metrics because they have broad applicability.

Metrics 59

Metrics Employee Engagement Retention and Turnover Employee Recognition 59

Primalogik

JUNE 15, 2023

HR metrics help organisations measure performance data and make sense of it. Through the right metrics, HR managers and leaders can learn how to better support employees and strengthen results. To observe trends, HR should measure the same metrics over time. But first, let’s take a broad look at what makes metrics so crucial.

Metrics 96

Metrics HR Planning HR Software Hiring Software 96

Engagedly

OCTOBER 16, 2024

However, by utilizing the right metrics, companies can effectively gauge the sentiment of their workforce and pinpoint areas that require improvement. Discover 10 key employee engagement metrics that organizations can leverage to assess staff morale and make data-driven decisions. What are Employee Engagement Metrics?

Metrics 52

Metrics Employee Engagement HR Software HR Planning 52

Analytics in HR

FEBRUARY 6, 2024

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. Use metrics to evaluate your past performance. Include quantifiable metrics to track progress towards your goals.

AI Recruiting 94

AI Recruiting Video Recruiting Recruiting Software Hiring Software 94

Analytics in HR

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 99

Metrics HR Software Hiring Software HR Planning 99

Homebase

JUNE 14, 2024

Operating profit margin Operating profit margin is a financial metric that shows the percentage of revenue that remains after all operating expenses are deducted. Net profit margin Net profit margin is a financial metric that shows the percentage of revenue that remains as profit after all expenses are deducted.

How To 52

How To Benchmarking Metrics Staffing Software 52

Workday

OCTOBER 6, 2016

Professional services firms face intense pressure to increase profit and productivity, with new client revenue declining to the lowest level in the past nine years, according to the 2016 Professional Services Maturity Benchmark study from SPI Research. It wasn’t always this way. Hope you can join us.

Industry 75

Industry Staffing Software Planning Tools Recruiting Software 75

EmployeeConnect

APRIL 30, 2024

This marks a peak in recruitment timelines across various industries, with an additional day tacked on in the first quarter of the subsequent year. Understanding Time-to-Hire: Time-to-hire serves as a fundamental HR metric, delineating the interval between a candidate’s application submission and their acceptance of an employment offer.

Talent Acquisition 130

Talent Acquisition Hiring Software Recruiting Software Talent Experience 130

Qualtrics HR

NOVEMBER 5, 2020

Do you want to find out how your industry ranks for customer experience (CX)? Are you interested in benchmarking your CX performance for comparing to companies like your own? The Ratings are a cross-industry, open-standard benchmark of customer experience measuring the performance of over 300 organizations across 21 industries.

Benchmarking 98

Benchmarking Data Comparison Industry 98

Business Management Daily

FEBRUARY 28, 2023

With that in mind, how do you know which KPIs and HR metrics to track at your organization? After all, there are tons of HR metrics that you can track by analyzing employee data, including turnover rate, absenteeism , employee turnover, retention rate, and many others. Why are HR metrics important?

Metrics 111

Metrics AI Recruiting HR Software Hiring Software 111

15Five

JANUARY 23, 2024

Key Metrics for Calculating Turnover To calculate a simple turnover rate, you only need two figures: Employee departures: The number of employees that left within the period you’re calculating for. Try looking out for: Seasonal spikes: Some industries see increased turnover rates at certain times of the year.

Retention and Turnover 257

Retention and Turnover Hiring Software How To Onboarding Software 257

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?

Metrics 97

Metrics Hiring Software Retention and Turnover Assessment Software 97

Empuls

FEBRUARY 29, 2024

Salary benchmarking is when HR compares the organization's pay levels with market rates for similar jobs. According to HRforecast, 63% of organizations utilizing benchmarking practices are more likely to retain and attract top talent.   Salary benchmarking ensures that employees are paid fairly for their work. 

Benchmarking 40

Benchmarking Trends Hiring Software AI Recruiting 40

Analytics in HR

JUNE 7, 2022

Let’s have a look at all you need to know about employee wellbeing metrics. Contents What are employee wellbeing metrics? Useful employee wellbeing metrics. What are employee wellbeing metrics? Proving the impact of wellbeing in the workplace is possible with employee wellbeing metrics.

Metrics 135

Metrics Retention and Turnover Assessment Software Hiring Software 135

HiBob

DECEMBER 8, 2022

Because of this, they’re invaluable metrics. And while both vary from company to company and industry to industry, they can give you essential insights into how you might improve and optimize your recruitment processes. Time-to-hire and time-to-fill are both recruitment metrics used by HR —but they’re not the same.

Hiring Software 148

Hiring Software Hiring Metrics Benchmarking 148