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Each year, we sponsor the SPI Professional Services Maturity BenchmarkReport , a comprehensive survey of thousands of professional services organizations. This is clearly borne out by this year’s 2025 Professional Services Maturity Benchmark. An effective way to navigate this process is by leveraging benchmarks.
And while some companies, including Walmart, Nissan , and Brown-Forman, have pulled out of the organizations LGBTQ+ corporate benchmarking index, a new report finds that more are participating, and are becoming increasingly inclusive of LGBTQ+ workers. Inclusion has grown. Big picture.
Joint Reporting and Metrics: Creating joint reporting structures that incorporate both HR and finance metrics can lead to more comprehensive insights. These reports should highlight key performance indicators (KPIs) relevant to both departments, promoting accountability and shared goals.
According to an HR Acuity report , tracking employee relations metrics has multiple business benefits. Absenteeism reports : Generate monthly or quarterly reports to monitor and compare absenteeism rates across different departments and periods. Losing key talent can disrupt operations and diminish overall performance.
From employer and recruiter performance and timelines, to a look at the top industries as far as job volume, salaries, and more, our annual report is one that talent professionals look forward to each year – now more than ever.
. “Despite a seeming shift towards geographically agnostic career opportunities, the rural workforce continues to feel left behind and under-leveraged, often unable to access the work or education they desire,” write the report’s authors.
Bob also offers tools like Your Voice , which provides people with a secure, anonymous reporting platform. By enabling people to report sensitive issues discreetly, Your Voice empowers HR leaders to address challenges proactively and foster a culture of trust and accountability.
The survey found that paid leave is a must-have for many candidates, with 60% of respondents reporting that the lack of a competitive paid leave package would be a deal breaker when considering a new job. Cocoon also released in November benchmarking data to help companies make compassionate leave more widely available.
Recruitment Timelines The urgency of hiring needs can also affect pricing: Standard Timelines : Aligning recruitment with typical time-to-fill benchmarks is usually cost-effective. Advanced Tools : AI-powered analytics, predictive hiring models, and real-time reporting often come at an additional cost.
This report aims to highlight the current state of B2B database and contact acquisition strategies and organizations’ goals to leverage data to fuel their go-to-market strategies in 2020 and beyond. Database benchmarks for education and resource prioritization. New tactics to acquire data to reach marketing goals.
2023, claiming American Airlines (and other airlines) had discriminatory hiring practices that supposedly favored women and people of color, Bloomberg reported. AFL filed a complaint with the EEOC in Nov. The Department of Labor (DOL) issued a letter on Dec. 13, outlining the resolution to AFLs complaint.
The race to adopt people analytics is heating up: according to the Bersin by Deloitte HR Technology Disruptions for 2018 report , “people analytics is now a must-have discipline within HR and business.”. Analysts to determine metric definitions and create reports. What should you be aware of before committing to one path or the other?
HiBob offered a solution that enabled faster and more comprehensive reporting, better HR automation, and other critical capabilities, helping the organization level up. With flexible workflows and robust reporting, Paycor gives HR teams the control and insight needed to scale smarter. That’s a real game changer. Incredible work.
The 2019 Best-in-Class Benchmarking Analysis for Large Employers (1,000+ full-time employees) explores what top employers are doing differently to stand out in healthcare cost control and HR management. Use these insights to build a better workplace and confidently position your organization for success.
However, tracking, calculating, and reporting these metrics manually can be time-consuming, error-prone, and inefficient. An HRMS streamlines the process of collecting, analysing, and reporting HR data , allowing HR professionals to focus on strategic initiatives rather than administrative tasks.
They provide deep insights into compensation benchmarking, benefits design, and performance management, making them a trusted partner for organizations looking to enhance employee satisfaction and retention. Alight Solutions Alight Solutions is a leading provider of integrated digital human capital and business solutions.
Regularly benchmark your compensation strategy against similar companies in your region and industry. They also reported improved productivity as employees felt more rested and engaged. Performance bonuses and stock options can give employees a tangible stake in the company’s success.
Reports have shown that frontline employees are still leaving by the doves and last years data alone shows a 41% attrition rate. According to the LinkedIn Workplace Learning report of 2025 , 94% of surveyed employees said that they would stay longer if their employer helped them in learning new skills. Think Edcor. Think Possible.
The 2021 Gallagher Workforce Trends Report: People & Organizational Wellbeing Strategy is informed by thousands of organizations across the United States, who participated in Gallagher’s 2021 Benefits Strategy & Benchmarking Survey. Download the report to learn more about the latest trends and strategies.
Simply put, It’s the number of direct reports a manager has, and it can affect the productivity and efficiency of your team. The span of control (also referred to as the span of management) is a calculation that assists HR in determining the number of employees reporting directly to a manager. What about your employees?
By gathering perspectives from a variety of sources managers, peers, direct reports, and sometimes even clients individuals gain a holistic view of their strengths and areas for development. A prebuilt assessment offers many advantages, including faster implementation, and robust external benchmarks.
The Kaiser Family Foundation reports that in 2020, the average coinsurance rates for employer-sponsored health insurance plans were 18% for primary care, 19% for specialty care, and 20% for hospital admissions and outpatient surgery. These averages show the evolving standards in PTO offerings and can be a helpful benchmarking tool.
Some major HCM solutions include: ADP Workday Oracle HCM Paycor UKG Each solution will offer slightly different features, but some standard components of HCM solutions include: People analytics : Review and analyze your workforce metrics and employee data with detailed and customizable reporting. More resources: Under 50 employees?
Download this report for a definitive collection of industry trends in critical hiring, brought to you by the world's leading recruiter engagement platform. The unemployment rate has just hit 3.6%, the lowest jobless rate since 1969.
Our latest HR Trends report revealed that disengagement costs businesses $8.8 We had the opportunity to interview Dr Cristian Grossman from the frontline employee app provider Beekeeper about their recent research report on the pulse of the frontline worker. trillion in lost productivity. What does the frontline really want from work?
Some 28 countries “require some type of pay reporting,” according to pay-equity software platform Syndio. Legislation varies, with countries including Chile, the Netherlands, and the UK requiring employers to publish regular reports detailing gender-based pay differences at their organizations. An evolving global landscape.
This, supplemented with our thought leadership and educational resources that we share with the HR community in the form of our whitepapers, blogs, benchmarkreports, and social media was commended. We celebrated our 43rd Anniversary and the CS week the first week of October.
We've all seen them - those diagrams with boxes and lines showing who reports to whom in your company: The humble organizational chart. Title and Compensation : HR uses org chart hierarchies to benchmark jobs and ensure internal equity in titling and pay. It's an intuitive, high-level overview of the workforce.
Check out the latest Paycor report to discover: How to hire the “right” people. You need dreamers and realists, introverts and extroverts, rookies and authorities—and that’s just a start. So, what’s the secret to getting the “right” mix of people on your team? Why 360-degree feedback is critical. How to coach and develop different teams.
How to get salary benchmarking right: a quick guide for HR pros inn summary: In this blog, youll: Learn how to benchmark salaries effectively to stay competitive in the job market and ensure fair, transparent pay across your organisation. First things first: what is salary benchmarking?
Benchmarking plays a crucial role in business, whether it involves internal assessments or comparisons with industry standards. This is why benchmarking is so important in business — both internally and externally. As the saying goes, you can’t manage what you can’t measure.
This is where benchmarking comes in. What is benchmarking, and why is it so important? Benchmarking is a data-driven method of understanding what your competition pays people in similar roles. There are various benchmarking methodologies out there–some dependent on self-reporting (think: Glassdoor ).
Using salary data from a reputable compensation benchmarking company that matches internal jobs with similar jobs in the market ensures that companies stay current and pay their people according to the market pay rate. Customized benchmarking datasets for HiBob customer needs. Announcing HiBob’s strategic alliance with Mercer.
The first report from Gallagher’s 2024 US Workforce Trends Report Series, includes data from 3,500+ employers who participated in the 2024 US Benefits Strategy & Benchmarking Survey. The report provides benchmarks for benefits, HR and people strategies to help organizations thrive.
This competitive atmosphere now makes salary benchmarking highly important for HR managers. Salary Benchmarking is the deliberate process of comparing and evaluating talent remunerations and compensation packages in the UAE. Salary benchmarking ensures you address the situation before it escalates.
That’s a stark contrast to the 63% of workers who reported a healthy work-life balance in 2023, a 13-point increase from 2021 where 55% percent of workers reported the same. A new report from Gallup shows that the majority of employees believe a four-day workweek is the cure for burnout and mental fatigue in their workplace.
Common data collection sources for organizational assessments include: HRIS (HR information systems) Surveys and questionnaires Focus groups and interviews Financial records Process observations Internal communication and collaboration platforms Industry benchmarks Policy and procedure reviews Strategic planning documents.
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In a recent survey with Demand Gen Report, we found 59% of experienced practitioners (those with ABM programs more than a year old) indicated their ABM programs are meeting or greatly exceeding their expectations, while only 45% of novices (those with ABM programs less than one year old) could say the same.
Compliance Reporting: Generates reports in accordance with international pay equity regulations. Key Features: Compensation Benchmarking: Access to an extensive database for benchmarking salaries. The platform offers customizable workflows and comprehensive reporting tools.
In a recent report we released on the female leadership ratio , we showed how our customers have improved their representation of women in the successor pool for leadership roles beyond McKinsey’s benchmark range. As we uncovered in our 2016 gender equity report , this gap starts at age 32 and becomes increasingly difficult to close.
Nearly a third (31%) of employees report mandatory paid time off as a top benefit. As per a report by Forbes , “Over 765 million vacation days have gone unused by Americans”. Monitor Accrual Balances : Regularly monitor employees’ PTO accrual balances using Empxtrack’s reporting and analytics tools.
Combine this understanding of Rogers’ theory with the findings from WTW’s 2024 Salary Budget Planning Report and there is strong evidence that generative AI has reached this market fit in several areas of HR. Want to follow best practices and benchmarks? Each organization’s path depends on its risk tolerance and strategic goals.
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