article thumbnail

How to Measure HR Effectiveness with 12 Key Metrics

15Five

You’d be hard-pressed to find a business executive today who doesn’t believe their people are the organization’s most valuable asset. To earn their rightful place in high-level conversations, HR leaders must be equipped with a set of definitive metrics on which to base strategic business goals and prove the ROI of HR initiatives.

Metrics 90
article thumbnail

How HR Can Drive Scenario Planning: 3 Opportunities

AIHR

Do not renew current leases and consolidate real estate assets • Expand logistics capability and invest in additional skills and technologies. Definition from taxonomy. Again, to ensure consistency, we need to utilize the same definitions of skills as obtained from the skills taxonomy as the basis of the measurement. Web Design.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

401(k) Audits: What You Need to Know

Zenefits

The audit verifies whether the plan is complying with requirements administered by the Internal Revenue Service (IRS) and the Department of Labor (DOL). These requirements relate to: Establishing the 401(k) plan — e.g., plan document, trust to hold the plan’s assets, and record keeping system.

article thumbnail

Competency Management: What it is and How it Helps an Organization

Vantage Circle

The following blog will discuss the definition and the importance of the practice in an organization. With the program’s proper implementation, an organization will hire the best candidate giving them a competitive advantage and increasing the annual revenue. But why competency management? What is Competency Management?

Manager 52
article thumbnail

10 Eye-opening Employee Retention Statistics You Should Take Note Of

Vantage Circle

Overworking your employees isn’t going to bring in more revenue for your organisation. We repeatedly say that employees are an organisation’s biggest asset. They drive your business towards loyal customers and generate revenue for your business. (Related- 33 Rewards and Recognition Ideas to Boost Employee Recognition in 2020 ).

article thumbnail

Previewing a full chapter of The Cold Start Problem — my upcoming book dropping in December

Andrew Chen

I saw it first-hand at Uber, which scaled to billions in revenue, and also within startups at Andreessen Horowitz, which has funded companies from Github, Coinbase, and Figma to Clubhouse and Airbnb. Each row represented a different city, with columns for revenue, total trips, and their week-over-week change.

Scaling 63
article thumbnail

Leadership Skills For Managers That Will Help You in 2020

Vantage Circle

In the corporate world, the definition doesn’t change much. Your strategy should follow a definite course of action. The ultimate aim for an organization is to increase its revenue and that is possible when quality and productivity gets balanced. The better employees are an asset to the company( isn't it obvious?).

Manager 67