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

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

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How HR Metrics & Big Data Can Transform Your Hiring

Workology

It also can transform our recruitment and hiring process shedding light onto processes bottlenecks and different interpretations of data we might have not considered due to the simple fact that we are too invested in the process to truly analyze our recruiting strategies. HR Metrics or Big Data. Leveraging data not just HR Metrics in human resources allows you to: Establish patterns. Why HR Metrics Aren’t Really Big Data.

2015 132

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

Developing & Executing a Recruitment Strategy with SmashFly

Workology

How to Develop a Recruitment Marketing Strategy. When it comes to developing a recruitment marketing strategy, where does one begin? ” Except that when it comes to the world of creative recruiting strategies and employer branding campaigns, it isn’t ever that easy. Recruitment Process & Employment Dashboard Metrics. The problem is finding qualified job seekers and candidates to apply for positions.

Creating Agile HR, Part 4: Agile Sourcing

Hiring Technical People

This suggested table from Hiring Geeks That Fit is one way to start seeing if this specific strategy works for you. It has to include the number of hires to know if the strategy worked. 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 agile

The Pink Panty Retention Strategy

Workology

If so, you’ve entered the pink panty retention strategy zone. And if you’re department or region has employees dropping like flies, voluntarily or involuntarily, you’re a pink panty retention strategy wearing member. Or maybe it’s because your managers won’t man up, woman up, and face the fact that this retention strategy is their responsibility. And so I number crunched, evaluated turnover metrics by manager, and presented my findings.

Supply Chain Strategies for Smaller Businesses

Water Cooler Wisdom

Jill Keto, CMO of  Easy Metrics , a cloud-based supply chain visibility provider, has moved up in her career by developing tools that help organizations optimize their largest controllable expense—labor.    “ Using big data  in warehouse environments to track labor is a strategy that has paid huge dividends," Keto says. “My

2019 40

T-Mobile: Sometimes People Strategy is Zigging When Everyone Else Is Zagging.

The HR Capitalist

More from Fortune on one such strategy at T-Mobile : T-Mobile is doubling down on “do what they tell you” under an effort called “Team of Experts,” which has given call-center employees unprecedented authority. Reps are held responsible for the outcomes of their customer group, measured by metrics such as how frequently customers defect to another carrier or how often they call support, and reps and their managers are empowered to hand out service credits or alter bills.

2018 102

Strategies for Excelling at Product Development

Water Cooler Wisdom

You can vastly save a great deal of time and stress in your efforts to create new products and services, or expand on or enhance your existing ones, with five specific strategies. Customer feedback has driven every major design and experience decision throughout the building of the Sharebert app and is our number one metric for design.”.

2018 40

Sports Analytics: How Data Analytics Is Changing The Game Strategy?

Imarticus Learning

Changing the Strategy. Using advanced metrics, they were able to produce information about which move and which shots are best suited for each player. Such analytical results help teams to derive game strategies matching the strength of their players. Without any doubt, sports analytics will continue to evolve, and the game strategies will heavily rely on the insights from the analysis than instinct.

5 Benefits of a Data-Driven Recruitment Strategy

Workology

Data-driven recruiters dig deep into metrics such as: Qualified applicants-per-requisition (which indicates whether your sourcing practices are delivering those effective employees). Whether it’s time since initial contact, time between stages, interviewer name, etc, you’ll be able to tell what’s increasing or decreasing the likelihood of a candidate withdrawing his or her application — and create strategies to decrease the odds of losing strong candidates.

2016 74

Four Changes You Can Make to Your Talent Acquisition Strategy Today

Workology

Last week I spent the day in Chicago in a client’s office working on their talent acquisition strategy, specifically addressing the topics of employment branding, process improvement, brand ambassadorship and candidate engagement. During our brainstorming and planning session we discussed a number of plans and strategies, some of which would take months to build and implement. We also discussed a number of strategies that could be executed relatively quickly and easily.

2016 55

How to Link Employer Brand with Company Performance

Undercover Recruiter

Employer 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. Employer Recruiting Employer Branding Employer Branding Metrics Link Humans

2018 54

Revealed: Expert Strategy To Boost LinkedIn Visibility

Career Realism

Revealed: Expert Strategy To Boost LinkedIn Visibility. What metrics are used to quickly establish credibility? He has helped thousands of job seekers land 6 and 7-figure positions through strong career platforms and breakthrough search strategies. The post Revealed: Expert Strategy To Boost LinkedIn Visibility appeared first on CAREEREALISM. CAREEREALISM. Imagine that two people are playing basketball.

2016 63

How to Build a Balanced Talent Acquisition Strategy (Part 2)

Workology

As I mentioned in Part 1 of this series on how to build a balanced talent acquisition strategy, in my eyes there are two types of recruiting: proactive and reactive. . Proactive recruiting involves planning, strategy and using hiring metrics and uncovering hiring patterns to help you anticipate hiring needs before the hiring manager or regional VP of your division even realizes they might need to be adding more butts in seats.

How To Erase Common Resume Mistakes

Career Trend

You just open up a Word document and start dumping your responsibilities, a few metrics and just the right amount of keywords onto the page. executive resumes Glassdoor.com Resume Mistakes branded resume career advice career strategy executive resume executive resume branding Jacqui Barrett-Poindexter professional resume writer resume mistakes Resume Story resume strategy By Jacqui Barrett-Poindexter Writing your resume is simple, right?

2014 165

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

What Pregnancy Taught Me About Workforce Analytics & Big Data

Workology

Join me for a webinar hosted by 1 Page looking at workforce analytics and how to use it strategically in hiring and talent acquisition strategies on 2/26 at 11 AM PST. I needed time to think, to absorb and consider my options in order to build a strategy and plan to have a healthy baby. HR Metrics Are Not Big Data. HR metrics and formulas to help you analyze things like cost per hire and turnover. HR Life big data HR metrics pregnancy pregnant workforce anaytics

2014 99

4 Tools to Monitor & Measure Your Employment Branding Efforts

Workology

Today, recruiting teams are building an overarching strategy for their recruiting and hiring efforts that combines marketing, branding and recruiting. However, there’s a common misconception that many are playing out through their strategy, and that it the belief that employment branding only exists in social networks. HR employer branding metricsEmployment branding is one of the most powerful tools recruiters have available to them today.

2016 76

10 Interview Styles To Avoid | Tim's Strategy

Tim's Strategy

Interesting enough, of the candidates they sent us through their own selective process, none had ranked higher than the 70% in performance metrics, customer reviews, or customer retention. Interesting enough, of the candidates they sent us through their own selective process, none had ranked higher than the 70% in performance metrics, customer reviews, or customer retention.

2010 74

iCims: Integrating the Candidate Experience Into Your Hiring Solutions

Workology

As HR and recruitment teams begin to move towards developing an employment branding strategy and focusing on the candidate experience, iCIMS offers a robust onboarding process that makes the transition for a new employee more comfortable. Reviews cost per hire customizable hiring hiring software hiring solutions how to hire employees HR tech hr technology icims internet hiring internet recruiting quality of hire metricsMarrying Internet Hiring with Applicant Management. .

2012 103

How To Write A Great Accomplishment Statement | Tim's Strategy

Tim's Strategy

Key Metric: What was impacted? Make sure that metric is also relevant and measurable in the way your industry defines it. Blog Free Downloads Sponsor Resources FAQ [08.02.10] View Comments How To Write A Great Accomplishment Statement If you are regular reader, you may notice that another recent post showed someone similarly posed. That post was about signaling strength during job interviews. So it pictured a young boy flexing his muscles.

10 Tips: Asking For Recommendations On LinkedIn | Tim's Strategy

Tim's Strategy

If in your request for a recommendation you can add something like, “in the time we worked together, I felt that I demonstrated [trait] which yielded [positive metric] and had [impact].&# RT @TalentCulture: 10 Tips: Asking for #LinkedIn Recommendations [link] (Via @TimsStrategy) #WorkWednesday #CatapultCCoast [link] DePaulLawCareer 10 Tips: Asking For Recommendations On LinkedIn | Tim's Strategy -[link] [link] Frank Sherfey Interesting article.

2010 87

How to Write a Dazzling LinkedIn Summary

Executive Career Brand

Here are some strategies I use to elevate my clients’ LinkedIn Summary section: As you’re compiling and writing this content, remember to pack in plenty of your relevant keywords and phrases, which you uncovered in researching your target employers. Add 3-5 bullet points to highlight hard-hitting achievements and/or metrics, focused around your top relevant keywords and phrases, with a brief description of how you achieved these things.

2016 193

Resume Design Strategies That Separate You From Your Competitors

Career Solvers

Demonstrate how you’ve moved the needle on certain critical metrics by using a chart detailing a change you helped make in the organization. Demonstrate how you grew a certain metric year-over-year or captured market share from a competitor. Add a bar graph to show visually how you have improved a key performance metric over time. Add a multi-year chart that shows how you consistently improved a metric over time.

2015 40

On Being A Good Fit For The Job | Tim's Strategy

Tim's Strategy

You’ll also get a detailed report with personalized interview questions to ask the candidate, as well as a metric that compares their attributes to the best performers in your company. Blog Free Downloads Sponsor Resources FAQ [05.16.10] View Comments On Being A Good Fit For The Job This is an interesting topic for me. And I think you will find it interesting as well. Because I spoke to a number of you over the past few weeks. And the subject of “fit&# came up.

2010 72

Recruitment vs. Retention. Chicken vs. Egg

Workology

The hiring metrics alone to calculate the cost per hire and employee turnover have steam coming from my ears, and I haven’t finished a single, solitary interview. And because employee payroll are easily your number one expense on the P&L, it makes sense that your talent management strategy should be retention first and recruiting second. What strategy is best? That doesn’t mean that you a retention focused recruiting strategy isn’t right for you.

2012 129

Job Interview “Elevator Pitch”

Resume Bear

Use accomplishment-focused, metrics-driven examples to support your strengths. A good strategy is to marry a strength with a specific example to prove that you are accomplished at what you do. Career Advice Interview Tips Job Hunting Strategies Job Market career job search strategy job seekersEveryone needs an elevator pitch which is a quick overview of who you are and the value you can bring to an organization.

2011 190

Tim Sackett on 7 Secrets Only HR Pros Know

Resume Bear

I was thinking of putting down: We cook the books on our metrics, but guess what? Let’s face it, in a political corporate structure that relies on metrics to obtain budgeted resources – the numbers aren’t always going to be clean! Career Advice Human Resource News Job Hunting Strategies Job Market Success Stories Why ResumeBear? career job job search strategy job seekers recruiter resumebear

2012 173

Is It Time For Your Resume Checkup?

Resume Bear

Below are five strategies for crafting a more powerful presentation of your qualifications to get noticed faster and accelerate your job search. Do you have metrics (numbers, dollar figures, percentages) to validate your achievements? Your resume is an important part of your search strategy, but it is not the silver bullet. Career Advice College Graduates Featured Articles For Recruiters Human Resource News Job Hunting Strategies Job Market Why ResumeBear?

2011 188

Did My Resume End up in the Black Hole?

Resume Bear

Not only will this provide you with an effective strategy to increase the odds of getting your resume into the right hands, but it might actually increase your level of sympathy for the HR professionals around town – ok, maybe just a little! The next challenge facing the HR professional is whether or not the hiring manager provided enough detail and metrics to evaluate the applicants. job job hunting job interview Job Search job search strategy job seekers jobs resumebear

2011 197

Strengthen your EVP Through Continuous Learning

The Undercover Recruiter

Today we are talking to a professional services firm with over 300,000 employees and will learn about talent challenges, strategy, EVP metrics, and more. Liane Bilicki is the Group Brand Director – Recruitment Brand at Deloitte. Have a listen to the episode below, keep reading for a summary and be sure to subscribe to the Employer. View Article. Strengthen your EVP Through Continuous Learning Undercover Recruiter - Recruiting & Talent Acquisition Blog.

2019 42

9 Business Acronyms You Need To Know

Resume Bear

EBITDA, or Earnings Before Interest, Taxes, Depreciation, and Amortization, is a metric of measurement of cash earnings that is generally non-GAAP. This valuation rubric ignores both cost of capital and degradation of long-term assets, prompting Warren Buffett to mock the metric at a Berkshire Hathaway Annual Meeting in 2002, saying, “People who use EBITDA are either trying to con you or they’re conning themselves.” Business can be a dirty business.

2012 211

5 Cover Letter Mistakes You Must Avoid

Career Realism

Note each of these sentences contains metrics, a targeted job title, and a career-defining achievement that is framed in context and laid out quickly for the reader to absorb. What do industry analysts say about the company's future and their business strategy? Cover letter mistakes Job search Cover letter tips Job search strategy What not to put on a cover letter Career Career advice Job search advice Job search tips Cover letter

Top 5 Blog Posts of 2009

Learning Voyager

Ideal Strategies Interactions - Creative Strategies for Business Judith M. According to the metrics on Google Analytics, here they are, the Top 5 from Here We Are. Here We Are. Now What? Sail away from the safe harbor. Catch the trade winds in your sails. Explore. Dream. Discover." ~ Mark Twain About Me Terrence Seamon Facilitator, blogger, and transitionist, Terry is engaged, learning, and changing. Interested in reaching me, use my email, thseamon at yahoo dot com.

2009 43

How to Get More Than the Average 2.9% Salary Increase in 2017

Career Solvers

Quantify your accomplishments with dollars, percentages, and other appropriate metrics. An alternative strategy is to become a subject matter expert in one specific aspect of the job so you are seen as the “go-to-guy” for a particular type of information. By including some of these ideas into your career management strategy, you can keep the conversation focused on measureable achievements and build a compelling business case for the requested pay raise.A.

2016 52

Does Big Data Matter in Sourcing? #BigDataHR

Workology

Senior leaders want to establish very specific metrics for sourcing success, but many times the source data is either not there or suspect at best. These methods provide raw data to help inform sourcing and staffing strategies… but these sources of data are just one piece of the puzzle. What about from a strategy side, how do you sell your hiring managers on a source when it drives a large number hires BUT also a very large number of unqualified applicants?

Money Questions and Your Job Search

Resume Bear

It may sound counterintuitive in our goal-oriented society (“You are what you earn!”), but starting with how little you need is a more helpful metric for two reasons : 1. It’s grounded in evidence. Career Book Authors Career News College Graduates Job Hunting Strategies Job Market Why ResumeBear? Jeff hates his job the way Sergio Garcia hates Tiger Woods. In his words, the job “dominates” him, “owns” him and often makes him feel “shockingly sorry for himself.”.

2013 127

Leadership is not for everyone. Is it for you?

Ms. Career Girl

The relationship is also critical for you as a leader because the quality of employee output –their work product—is often determined by the quality of your input, for example clear goals and metrics, recognition, constructive feedback, and providing developmental opportunities for growth.

2020 206

BHAGs: You're Afraid. Elon Musk is Not.

The HR Capitalist

BHAGs are visionary, strategy statements designed to focus a group of people around a common initiative. Most are focused on one of four broad categories: reaching a defined target or metric, competition, organizational change, or reputation. Shout out to SpaceX for the recent mission on behalf of NASA, launching astronauts and sending them to the International Space Station. None of it would have happened without a BHAG (Big, Hairy, Audacious Goal).

2020 110

Mobile Recruiting is a Complete Sham & Waste of Your Time

Workology

The key to any recruiting strategy, mobile or not is to do your homework, test the waters and educate yourself on your own candidate audience before implementing a strategy or purchasing any type of software. Recruiters and business leaders should talk to their candidates from past, present and future before adopting any new type of program, pilot or strategy. Join our interactive webinar talking mobile recruiting this Thursday.

2014 119

5 Tips for Acing the Job Interview

Career Solvers

Most employers believe past performance is a good indicator of future success so this is a very effective strategy for building trust with the hiring manager. For example, rather than saying you cut costs, improved sales, or streamlined a process, discuss the before and after and associated metrics such as cut costs by 30% in 18 months, grew sales 10% year over year for 5 consecutive years or eliminated hundreds of man hours by retooling a cumbersome process.

2013 71