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 137

HR Software Staffing Software Hiring Software Benchmarking 137

Analytics in HR

FEBRUARY 12, 2024

According to research from LinkedIn’s Future of Recruiting , 87% of talent acquisition (TA) professionals indicate that recruiting is becoming more strategic. This indicates a shift in the role of recruiting leaders towards a focus on driving business change. What is recruiting? What is recruiting?

Video Recruiting 111

Video Recruiting Recruiting Software Background screening Hiring Software 111

Analytics in HR

AUGUST 23, 2022

Measuring candidate Net Promoter Score helps you improve your candidate experience and make your recruitment process more effective. Candidate Net Promoter Score (cNPS) measures how candidates like or dislike their experience with your organization during their application and recruitment process. Contents What is candidate NPS?

Hiring Software 124

Hiring Software Recruiting Software Interview Software Onboarding Software 124

Analytics in HR

JULY 31, 2023

Staffing planning versus workforce planning: The difference How to develop a staffing planning Checklist: Conducting a staffing analysis An example of a staffing plan What is a staffing plan? This ensures successful hiring processes , talent management , and workforce optimizatio n.

Staffing Software 98

Staffing Software Staffing HR Planning Planning Tools 98

Analytics in HR

FEBRUARY 28, 2024

This has a significant impact on organizational performance , leading to as much as a 25% rise in business productivity, a 50% decrease in attrition rates, and an 80% increase in recruiting efficiency. Example: Annual employee turnover rate.) Example: Examining unplanned absence data to identify absenteeism drivers.)

HR Planning 124

HR Planning Analytics HR Software Hiring Software 124

Analytics in HR

OCTOBER 1, 2024

Workforce management metrics are critical for understanding and optimizing how businesses manage their employees, yet many struggle to use them effectively. Real-time workforce management metrics that provide instant insights into productivity, engagement, and resource allocation can offer a competitive edge.

Metrics 52

Metrics Retention and Turnover Hiring Software Staffing Software 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. By using data to support your actions, you’ll become more than just a recruiter — you’ll become a strategic partner invested in your client’s growth.

Bullhorn 72

Bullhorn Recruiting Software Staffing Software Hiring Software 72

Analytics in HR

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. Let’s have a look at what this means in recruitment. Solid recruitment plans. Better HR strategies, processes, and policies.

HR Planning 143

HR Planning Planning Tools HR Software Hiring Software 143

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

Business Management Daily

FEBRUARY 26, 2024

How effective is your hiring process? By keeping track of essential HR metrics like employee turnover rate, time to fill, and recruitment costs — you’ll have a solid grasp of your strengths and top areas for improvement. All businesses can use KPIs, as they’re simply metrics that measure your performance.

HR Planning 98

HR Planning HR Software Hiring Software Retention and Turnover 98

Analytics in HR

FEBRUARY 23, 2024

There are numerous Human Resources analytics courses available that range from basic statistical knowledge to HR data and metrics and more. All subjects are illustrated by real-life examples of how various organizations tap into HR analytics techniques to help them flourish. We hope you’ll find one that’s just right for you.

Compliance Training 97

Compliance Training Course Background screening HR Planning 97

HiBob

DECEMBER 11, 2024

Bob will also streamline hiring processes with features like role-specific job description generation, saving time and ensuring consistency. For some, demand surged overnight, triggering rapid hiring sprees. For example, Games Global, a leading i-gaming content supplier, expanded from 700 to 1,200 employees within a year.

HR Software 78

HR Software Hiring Software Staffing Software Planning Tools 78

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. By using data to support your actions, you’ll become more than just a recruiter — you’ll become a strategic partner invested in your client’s growth.

Bullhorn 52

Bullhorn Recruiting Software Staffing Software Hiring Software 52

Recruiters Lineup

MARCH 17, 2023

This includes defining your hiring needs, identifying the skills and experience required for each role, and determining the key performance indicators (KPIs) you will use to measure the success of your sourcing efforts. By developing a talent pipeline, you can reduce your time-to-fill and improve the quality of your hires.

Hiring Software 92

Hiring Software Recruiting Software Staffing Software Planning Tools 92

Cornerstone On Demand

SEPTEMBER 28, 2017

It was left on a SmashFly blog post about source of influence in 2015, and I've cited it a handful of times since: "There is rarely a single source of hire in today's hyper-connected reality. Here's the issue: 60 percent of those people also rated the metric as less than 90 percent accurate. Single source of application, maybe."

Recruiting Software 310

Recruiting Software Hiring Software Smashfly Data 310

Analytics in HR

OCTOBER 20, 2023

HR reports are strategic tools to showcase HR metrics and data, providing a detailed overview of your organization’s workforce and Human Resources activities. It’s especially valuable during budgeting or when assessing the need for additional hiring or workforce reductions. Where are our employees located?

Report 89

Report HR Planning HR Software Hiring Software 89

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.,

HR Planning 264

HR Planning Metrics HR Software Hiring Software 264

LiveHire

NOVEMBER 30, 2021

In fact, research indicates direct sourcing leaders outperform laggards by a staggering factor of 4:1 across all key metrics. How can you leverage Direct Sourcing to reduce your time-to-hire for contingent staff? Having a structured recruitment process. How can Direct Sourcing improve the quality of your contingent hires?

HR Software 95

HR Software Hiring Software Staffing Software Recruiting Software 95

Analytics in HR

FEBRUARY 15, 2022

Workforce analysis takes a broader approach than people analytics by using both employee and ROI data to make informed recruitment, retention, and employee management decisions. Recruitment & staffing costs. Certain recruitment strategies may be flagged as ineffective. Demand analysis. Predict future staffing problems.

Analysis 98

Analysis HR Planning Hiring Software Retention and Turnover 98

Visier

JUNE 28, 2017

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 131

Metrics Recruiting Software Hiring Software Talent Acquisition 131

Analytics in HR

DECEMBER 8, 2023

As explored in our HR Metrics & Dashboarding Certificate Program , the goal of strategic workforce planning is to have a workforce with the right size, shape, cost, and agility. Let’s explore some of the key advantages below. Here are two case studies: Case study 1 Let’s take a simple example of a company with three product lines.

Workforce Planning 98

Workforce Planning Planning Tools Hiring Software Assessment Software 98

Peoplebox

SEPTEMBER 27, 2024

Everyone is hiring at the moment and is always on the lookout for talent. So if candidates feel your hiring isn’t inclusive, simple, and straightforward, they have tons of other options to choose from. That’s why having a solid recruitment plan can save you time, standardize hiring, and bring top talent to your company.

AI Recruiting 52

AI Recruiting Recruiting Software Planning Tools Hiring Software 52

Insperity

OCTOBER 8, 2024

In addressing any gaps, it more time and cost effective to develop employees internally or hire externally? Rushed hiring decisions that result in hiring the wrong candidate. Under-hiring, which can increase the workload and pressure on current employees, leading to burnout and a negative work environment.

HR Planning 78

HR Planning HR Software Hiring Software Staffing Software 78

EmployeeConnect

DECEMBER 10, 2024

Central to this effort are HR metrics and key performance indicators (KPIs), which provide quantitative measures of workforce performance, efficiency, and overall HR effectiveness. From turnover rates to cost-per-hire, these metrics enable organizations to optimise their talent strategies and improve overall productivity.

Hiring Software 130

Hiring Software HR Software Metrics Recruiting Software 130

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 138

Metrics HR Planning Examples HR Software 138

Analytics in HR

JULY 31, 2023

As a department, it is responsible for managing HR activities from recruitment and onboarding, compensation and benefits, learning and development, performance management, and employee relations to separation or retirement. It includes reviewing organizational and HR metrics to measure HR initiatives’ effectiveness on business results.

HR Planning 78

HR Planning Resources Hiring Software Onboarding Software 78

Business Management Daily

NOVEMBER 11, 2024

Being intentional about supporting talent from the new hire phase until their final day with your company will help you get the most out of your team members. These processes may include building your employer brand, creating compelling job ads, budgeting for new hires, assessing candidates, and candidate selection.

Human Capital Management 52

Human Capital Management Hiring Software Onboarding Software Planning Tools 52

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

15Five

JANUARY 23, 2024

This data is used by HR professionals to plan and budget for recruitment, gauge the effectiveness of employee retention efforts, and more. 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.

Retention and Turnover 291

Retention and Turnover Hiring Software How To Onboarding Software 291

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 105

Metrics HR Software Hiring Software HR Planning 105

HiBob

MARCH 14, 2024

In this blog post, we look at how to measure succession planning, some key succession planning metrics to track progress, and how succession planning helps set the stage for a resilient and thriving future. Keeping promotions and talent in-house reduces the costs associated with recruiting and hiring talent externally.

Succession Planning 148

Succession Planning Metrics Talent Experience Diversity 148

HiBob

DECEMBER 8, 2022

Time-to-hire and time-to-fill refer to two areas of recruitment and retention that are within your control. 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.

Hiring Software 148

Hiring Software Hiring Metrics Benchmarking 148

HR Bartender

OCTOBER 31, 2017

Here are three examples: Kirkpatrick Levels of Evaluation : Created by Donald Kirkpatrick, this model has become the standard for measuring training program effectiveness. Let’s use orientation as an example. Using a Level 1 evaluation for orientation could be very valuable to an organization because it’s a new hire’s first impression.

Onboarding Software 332

Onboarding Software Onboarding SilkRoad Retention and Turnover 332

EmployeeConnect

APRIL 30, 2024

Did you know that, the average duration for hiring processes surged to 44 days in 2023? This marks a peak in recruitment timelines across various industries, with an additional day tacked on in the first quarter of the subsequent year. Here, we offer insights and techniques to elevate your average recruitment pace.

Talent Acquisition 130

Talent Acquisition Hiring Software Recruiting Software Talent Experience 130

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. Given the gray area around organizational health and the need for more consensus about what it means within an organization, business leaders often fail to set targets and track metrics to measure and improve it.

Metrics 144

Metrics HR Software Hiring Software Benchmarking 144

Analytics in HR

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. Sales increased by 8.5%

Examples 119

Examples Objectives & Key Results Hiring Software Retention and Turnover 119

Analytics in HR

MARCH 30, 2021

The Society for Human Resource Management declared quality of hire as the holy grail of recruiting five years ago. Today, 88% of organizations believe it will be the most significant measure of recruiting success over the next five years. What exactly is quality of hire and how to measure it? What is quality of hire?

Hiring 134

Hiring Hiring Software Metrics Benchmarking 134