Measuring Up: HR Metrics

Workology

Since this is the typical time of year when the previous fiscal year’s performance is being reviewed and new goals for 2015 are beginning to be implemented, I think it is important that we take time to determine how we in the HR profession are supporting our company through HR metrics. The idea of HR metrics is a broad concept so it is important to start with the separation of what we are looking for into 2 steps: Define the data you want to collect. HR best hr metrics HR metrics

2015 106

Creating Agile HR, Part 3: Possible Agile Hiring Metrics

Hiring Technical People

All of those cycle times create the lead time, the traditional HR metric of time to hire. In Hiring Geeks That Fit , I have several suggested metrics, and all of them involve finding the wait states. That metric has too many pieces of the value stream as the only metric. But, it’s not sufficient as the only metric. hiring process HTP agile hiring cycle time lead time metricsOne of the problems with agile hiring is this: what data do you collect?

2017 154

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13 Best HR Metrics Formula Examples

Workology

Best HR Metrics for Human Capital Management . A couple weeks I wrote about HR Metrics being the key to HR’s seat at the executive table given the fact that the HR and recruiting departments are non-income generating, having solid metrics are key to demonstrating to senior leaders and executives how strategic HR initiatives can help affect an organization’s bottom line. Strategic HR Metrics Examples. Generalist Human Resource Metrics Examples.

2012 127

The Top 5 Metrics for Measuring Recruitment Success

Undercover Recruiter

There’s no shortage of metrics available in the. The Top 5 Metrics for Measuring Recruitment Success Undercover Recruiter - Recruiting & Talent Acquisition Blog. Employer Recruiting Uncategorised Adrian Cernat Applicant Tracking System (ATS) candidates metrics recruitment success SmartDreamers source of hireRecruitment marketing success. Sounds great, doesn’t it? How are you measuring your team’s effectiveness?

2019 73

Ep 145 – Recruiting Metrics Drive Business Processes

Workology

So […] Podcast business process business process improvement HR analytics HR Metrics recruiting metricsThe role of recruiting and talent acquisition is firmly in the spotlight as companies struggle to find talent to fill their roles within the organization. And with that spotlight comes the added pressure of communicating the value that we add to the organization in a way that executive leadership and hiring managers can understand.

2018 50

What’s the Most Important Recruitment Metric?

Undercover Recruiter

If you’ve ever wondered how good your recruitment process is, well luckily for you there are some metrics which can help you measure it. What’s the Most Important Recruitment Metric? Recruiting Applicants cost per hire measure recruitment metric URPanelIt’s handy to know how you compare to your biggest rival or maybe you just want to improve things. So do you rely on measuring the time to hire, the retention. View Article.

2017 55

14 #HR Metrics & Formulas to Improve Human Capital Efficiency

Workology

Learn more about how metrics and analytics impact hiring & retention worth 1.0 Metrics for HR and Workforce Analytics. For some, HR metrics and formulas might seem like a basic task. HR metrics, formulas and other data analysis lead to better human capital business decision making PERIOD. . Strategic HR Metrics Examples. Human Resource Metrics Examples. Also an important metric when calculating benefits cost for your organization.

2014 95

Too Much Information: When Metrics Meets Surveillance

Workology

What’s the line between workplace metrics, good communication and surveillance? Reported on by Cale Guthrie Weissman at Fast Company yesterday , the program’s features include internal chat, task assignment, metrics and “access to birds-eye cameras looking over the office’s entire open floor plan.” What’s different about this new wave of workplace metrics programs is transparency.

2016 54

Cut Once Measure Twice. HR Metrics for Training, Retention & Engagement

Workology

Increase Workplace Productivity Through HR Metrics. Organizations can also measure the benefits of hard skills training by using two of the most important – and often overlooked – business and human capital employment metrics. Bottom line HR metrics are important in gaining senior management buying to your employee training retention efforts.

2012 115

How HR Metrics & Big Data Can Transform Your Hiring

Workology

HR Metrics or Big Data. Leveraging data not just HR Metrics in human resources allows you to: Establish patterns. Data analysis allows us to help predict and improve turnover numbers, retention rates, cost per hire, quality of hire and other HR Metrics in a way that we might not be seeing. Why HR Metrics Aren’t Really Big Data. Learn more about how data can transform your recruiting efforts by registering for our webinar on Aug. 20, 2015 at 12 PM CST.

2015 132

4 More Tips to Answering Project Management Interview Questions About Metrics

Hiring Technical People

Some of you would like to know how to answer questions about the metrics you can gather and discuss when you look for a job as a project or program manager. Here are some tips: Tip 1: Separate the quantitative questions from the qualitative questions. I bet you have qualitative “measures” that you use either by design or by intuition. Here is one of mine. On a non-agile project, I ask the project team when the think the project will be done, each week or two.

2015 190

GREAT HR METRICS: Innovation Spend/Effectiveness at Your Company.

The HR Capitalist

I''m on the record as liking Revenue Per Employee as the best macro metric on HR effectiveness. Signed - in search of metrics that provide clarity on talent issues. But that''s macro, let''s get micro. Training $$ per employee? Turnover percentage? Does that include involuntary? Let''s roll out something cool, like evaluating innovation spend vs peers.

2014 108

How to Build an Evidence-Based Executive Resume: Why Metrics Matter

Resume Writing

The cases that I have diagnosed and cured are either completely lacking in metrics, or so number-infused that they come across more like a balance sheet! The post How to Build an Evidence-Based Executive Resume: Why Metrics Matter appeared first on Premium Executive Resume Writing Services. careersteering. Most executive and management resumes that I rewrite suffer from an acute condition. The condition? KPIs (Key Performance Indicators).

2018 60

What is the ONLY Recruitment Metric that Matters?

The Undercover Recruiter

The golden metric. What is the ONLY Recruitment Metric that Matters? Recruitment agency agency recruiter interview metrics recruitment recruitment agency successYou have a lot of things to do in your job. Am I right? You are super-busy all the time. Candidates to interview. Resumes to prepare. References to take. Sales calls to make. Visits to go on. Calls to return. Admin to tie up. Your company also has a raft of KPI’s and activities they want you to meet. It never ends.

2012 71

Which Talent Metric Are You Routinely Hung Out to Dry For?

The HR Capitalist

Ah yes - metrics. HR needs to be more metrics driven, right? So answer this question: "Which talent metric are you routinely hung out to dry for?". You get hung out to dry for some of the widely accepted metrics that are out there. But a funny thing happens on your way to being numbers-driven as an HR pro. You give the people what they want, and the people try to hang you with the numbers you're reporting.

2015 108

CAPITALIST WEBINAR! Six Ways to Make Your Recruiting/Talent Metrics More Strategic

The HR Capitalist

Flash forward 12 months since the launch of those basic recruiting metrics, and you''re bored. The FOT webinar makes it''s 2015 debut with Six Ways to Make Your Recruiting/Talent Metrics More Strategic – And Make Managers Own Their New Hires (click to register). We''ve got the metrics to show you how to do that. You know what really gets under my skin?

2015 104

HR Metrics: Stop Measuring You and Start Measuring Them, HR.

HR Capitalist

Then, they just want it fixed - they''re not even that concerned about seeing the improvement in the metrics that we hold near and dear. I think the more powerful track when it comes to metrics and data out of the HR function is to measure what''s happening in the business, then use what you measure in the business as a reason to partner with the most powerful people in your organization to fix what may be broken.

2014 82

When Goals, Metrics and even a KPI Can Make an Employee Act Crazy.

The HR Capitalist

Up today on this topic over at Fistful of Talent - check it out by clicking this link ! Performance Management

2018 88

Your Managers Have a Block On Measuring Performance Without Metrics.

HR Capitalist

Managers have a block setting performance goals that don''t have clear metrics. A big key when it comes to setting performance goals—you want the goals to be measurable, but that doesn’t mean you’ll have metrics for every performance goal you set. In broad terms, your performance goals are going to be measured one of two ways: Quantitatively – means there’s a metric or a statistic you can pull from somewhere to measure your Team Member’s performance for the goal in question; or.

2013 60

You Hate BMI: Scientists Now Have Another Fat Metric You Can Hate Instead.

The HR Capitalist

I know - you and everyone else hates Body Mass Index as a measure of what it means to be overweight. Invented in the early 1800s by a Belgian statistician, the measurement is used as a definitive benchmark: those with a score below 18.5 are underweight, those who fall between 18.5 and 24.9 are normal, those between 25 to 29.9 are overweight, and those 30 and higher are obese. For years, medical professionals have taken issue with these cleanly drawn lines.

2017 80

GREAT HR METRICS: Innovation Spend/Effectiveness at Your Company.

HR Capitalist

I'm on the record as liking Revenue Per Employee as the best macro metric on HR effectiveness. Signed - in search of metrics that provide clarity on talent issues. But that's macro, let's get micro. Training $$ per employee? Turnover percentage? Does that include involuntary? Let's roll out something cool, like evaluating innovation spend vs peers.

2012 66

How to Tell if Your Employee Training Program is Working [Metrics and Measures]

The Undercover Recruiter

How to Tell if Your Employee Training Program is Working [Metrics and Measures]. When you change your marketing plan, you can easily measure the results to see if it’s working. When you swap out machinery, you can measure the improvement in production. However, when you implement a new skill or learning program in your company, it’s not so easy to tell what effect it’s having – at least not by traditional measures.

2013 76

HRPA to SHRM: We Don't Need No Stinking Standardized HR Metrics.

HR Capitalist

Some of you may be aware that there's a big SHRM initiative underway to standardize different HR and Human Capital metrics across all companies. Those involved in the project argue that companies and investors would benefit if a single set of metrics were used to gauge what they call “human capital.”. “In With the metrics, “you have more transparency on factors that result in better profitability,” she says. “It’s

SHRM 66

HR Metrics of Note: Revenue Per Employee VS. Profit Per Employee

HR Capitalist

I've talked in the past about the wisdom of Revenue Per Employee being a pretty damn good metric for HR leaders. It's already embeded in the Revenue Per Employee metric. You don't need no stinking profit metric. Ok kids. See what I've written here and here. So I like Revenue per Employee for a lot of good reasons. BUT - 20 of you will send me an email today saying, "Yeah, I get what you're saying Kris, but I like Profit per employee. You should look at that.".

2012 66

Creating Agile HR, Part 4: Agile Sourcing

Hiring Technical People

That’s why time to hire is an inadequate metric. Creating Agile HR, Part 3: Possible Agile Hiring Metrics. hiring process HTP agile hiring agile HR cycle time Hiring Geeks That Fit lead time Manage Your Job Search metrics recruiting transition to agileSourcing, how and where you recruit possible candidates is a great way to use small, safe-to-fail experiments. That’s because the recruiting landscape continues to change.

10 Tips On Objectively Measuring Employee Performance

Workology

Experienced HR Metrics HR Metrics measuring performance performance reviewLike many other HR professionals and managers, you have probably read countless articles on how to measure employee performance, difference scales to use and the type of feedback you should give. While these may all be useful; as a manager, it can be difficult to measure employee performance as you most likely don’t work in […] Source.

2017 68

Google Analytics is Your Recruiting Secret Weapon

Workology

As our work in recruitment and hiring becomes more digital, we need tools, reporting, and metrics that help us understand the needs, interests, and activities of our candidates for the positions we. Recruiting Technology career site google analytics recruiting metricsWorkology is the art and science of work, HR and recruitment. Join the resource revolution.

2017 66

Understanding the Employee Turnover Formula

Workology

Basics Entry HR employee turnover hr basics metricsThe employee turnover formula is an easy but essential tool that too many small businesses neglect. It’s step one in building a strategic hiring plan and streamlining your human resources process. Until you understand what your turnover is and when it spikes, your hiring plan is reactive, not proactive. And while you’re in that reactive […] Source.

2018 56

How to Link Employer Brand with Company Performance

Undercover Recruiter

Employer Recruiting Employer Branding Employer Branding Metrics Link HumansEmployer brand is a powerful tool in shaping corporate culture and helping employees to internalize corporate values; and is invaluable in engaging employees and aligning talent management with business strategy. A number of academic studies have recognized the positive correlation between employer brand and employee engagement. For example, Heger conducted an empirical study in 2007. View Article.

2018 52

How Can You Measure Your Employer Brand Success?

Undercover Recruiter

Each with own KPI’s, metrics and solutions. Employer Recruiting Employer Brand Index Employer Branding Employer Branding Metrics MeasuringMeasuring employer brand has notoriously been tricky. You ask employer brand managers all around the world how they do it, and everyone has a different answer. So we’ve collated 10 ways to measure your employer brand from 10 employer branding masters. Measuring your employer brand will help you monitor. View Article.

2018 46

How to Increase Workforce Racial Diversity

Workology

HR diversity LinkedIn metrics pipeline racial diversity unconscious bias workforce diversityRacial diversity in the workplace – from recruiting to hiring to promoting people of color – continues to move at an unimpressive pace. And if LinkedIn’s annual workplace diversity report is any. Workology is the art and science of work, HR and recruitment. Join the resource revolution.

What is Human Capital?

Workology

Looking for more insights on HR formulas and recruiting metrics? Check out our free webinar on HR and Recruiting Metrics on 4/11 at 11 AM CST. Some of these measures can be in the form of recruiting metrics or HR formulas as well as more all encompassing measures like quarterly revenues and annual net capital. Are simple human capital metrics and measurement like cost per hire , calculating employee turnover and other HR metrics enough?

2013 119

Just a Buzzword? #BigDataHR

Workology

As a former recruiter, I love working for a recruiting and HR tech vendor like Technomedia and learning a bit more about the sourcing and recruiting metrics that actually mean something – that matter to those who spend their time in the trenches and those who pay for the trenches to be dug. A Fishing Expedition. It was this (outstretched arms indicating size) big… We talk, we write, we present, and we bluff. We lie. We don’t really know.

2014 111

How do you Measure Candidate Experience?

Undercover Recruiter

Employer Recruiting candidate experience candidate feedback Employer Branding Metrics Hiring Measuring URPanelThere are many websites which list the best companies to work for based on the candidate experience – Glassdoor probably being the most popular one. But just how is candidate experience measured? Is it a tick-box exercise or is it more in-depth than that? This week our expert panel share their thoughts on how they. View Article. How do you Measure Candidate Experience?

2018 49

Can Your Business Leverage Big Data & Manage in the Moment?

Workology

Using workplace analytics, information, and other workplace metrics take the emotion out of the equation and allows your front line management team to focus on the employees. Workplace Analytics and Metrics in Business. Whether it’s checking email, approving a schedule change or quickly obtaining data on their organization’s employee retention or turnover metrics data. . Administrative Manager Tasks Keep From Productivity in the Workplace. Managers are busy.

2012 117

How Recruiters Can Use Google Analytics to Jedi-Mind Trick your Talent

The Undercover Recruiter

Recruitment content device google analytics metrics Recruiter Star Wars statistics Every website out there should have either Google Analytics or at least some way of measuring hits, time spent on your site, what people clicked on and for how long, where the surfer was located… (a long time ago in a galaxy far, far away…) But did you know that Google can tell you some […]. How Recruiters Can Use Google Analytics to Jedi-Mind Trick your Talent.

2015 72

What Pregnancy Taught Me About Workforce Analytics & Big Data

Workology

HR Metrics Are Not Big Data. HR metrics and formulas to help you analyze things like cost per hire and turnover. There are pieces to the puzzle in helping you make the best decisions and find correlations between the analytics and metrics you are using. HR Life big data HR metrics pregnancy pregnant workforce anaytics

2014 99

The Social Recruiting Starter Kit #TechTuesday

The Undercover Recruiter

Hiring Social Media Tech Tuesday Technology Dice Github metrics Recruiting Social Recruiting tips Twitter YouTube You’ve read the case studies, seen the presentations and even your dog has been approached by a recruiter on LinkedIn. You’re convinced. Social recruiting is the holy grail of talent acquisition. But how on earth do you start? Our friends at Dice have created a useful starter kit for companies looking to move into the. View Article.

2015 70

4 Tools to Monitor & Measure Your Employment Branding Efforts

Workology

HR employer branding metricsEmployment branding is one of the most powerful tools recruiters have available to them today. It’s not only the newest and hottest thing in recruiting but is also one of the most worthwhile things you can do in the race to bring in the best and brightest. Today, recruiting teams are building an overarching strategy for their recruiting and hiring efforts that combines marketing, branding and recruiting.

2016 77

The Devil in the Big Data #BigDataHR

Workology

HR "Rayanne Thorn" #BigDataHR @Ray_anne analytics big data big data HR blogging4jobs Bonus Track fine data hiring human resources metrics predictive analytics rayanne RayanneThorn recruit recruiting This week on Blogging4Jobs, we are focusing on the theme Big Data sponsored by Jibe. Jibe provides cloud-based recruiting technology solutions that enable talent acquisition teams to strategically identify, attract and engage candidates.

2014 112

Talent Acquisition & HR: The Odd Couple

The Undercover Recruiter

Human Resources Recruiting Hiring hiring process human resources metrics relationship talent acquisitionIn the wake of another Valentine’s Day I thought it poignant to reflect on the often exciting, mostly tumultuous relationship that Talent Acquisition shares with HR. Drawn from various backgrounds, these two conflicting personalities are often thrown together in a passionate embrace and expected to keep the flame of HR service delivery burning. There is. View Article.

Big Data is Just Like My Bedroom Closet, a Mess

Workology

For big data and these human resources and business metrics to be useful and effective, one must have a clear sense of direction. HR metrics and formulas like cost per hire are not enough. Business HR big data big data HR bigdata HR cost per hire HR analytics HR metrics hr reporting human resources big data human resources bigdata human resources data human resources talent managementHuman Resources Technology Big Data Defined.

2012 99

The Pitfalls of Productivity by the Numbers

Workology

HR Work employee motivation metrics productivity work productivity workplace safety Businesses are constantly looking for ways to measure productivity in order to reduce costs and increase efficiency. The challenge is finding methods that accurately reflect how a business is doing. Sometimes business owners and executives want to see numbers that show everything from transactions per hour to customer satisfaction.

2013 106