AIHR

FEBRUARY 19, 2024

This allows HR to justify investments in employee development and retention strategies by demonstrating potential cost savings and ROI. Benchmarking this metric between different departments and managers/partners can also provide valuable insights. law and consultancy firms).

Metrics 93

Metrics Recruitment Revenue Human Resources 93

AIHR

JULY 17, 2023

Initiatives that prioritize employee wellness can also boost employees’ mental health and satisfaction, which can contribute to better performance, improved customer relationships, and a boost to your ROI. This can inform you whether all underrepresented groups and genders are compensated equally or if any discrepancies need fixing.

Implementation 73

Implementation Diversity Inclusion Recruitment 73

15Five

MARCH 14, 2023

So spending most of my career in a center of excellence, in compensation and benefits, by itself, it is not a powerful tool. And I think it’s a business value that has a real ROI to it. If Brene Brown or Adam Grant doesn’t come up, we’re kind of in the wrong… We don’t know our market.

Benefits 80

Benefits Manager Banking Assets 80

Vantage Circle

DECEMBER 19, 2023

Metrics also help quantify such efforts' return on investment (ROI). However, benchmarks for average employee tenure vary drastically between industries. Comparing the cost of employee turnover before and after implementing an ATS will quantify its ROI in this regard. years in 2022. For women, the median tenure was 3.8

Metrics 105

Metrics Retention Human Resource Information Systems (HRIS) Employee Engagement 105

AIHR

DECEMBER 8, 2023

The goal of agility is about having a workforce that is lean and flexible and can adapt to changing market demands. By identifying critical roles and skills and having a plan to keep these roles filled, organizations can better handle unexpected events like market disruptions or rapid technological advancements.

Revenue 78

Revenue Manager Benefits Marketing 78

Get Lighthouse

FEBRUARY 9, 2023

It may not seem like in the short term it has a strong ROI, but the foundation is priceless. Unfortunately, remote employees only see a small fraction of those things, so you need to compensate for that. set goals clear enough that people can benchmark themselves or their decisions? This all starts with your schedule.

Onboarding 137

Onboarding Manager Team Management Benefits 137

AIHR

APRIL 9, 2024

Recruitment ROI What are recruiting metrics? Using this image, we can see that hiring someone who is more suited for the job has the potential to create an enormous return on investment (ROI). For that reason, you should be a little bit careful when interpreting the time to hire benchmark we included below. Adverse impact 21.

Metrics 101

Metrics Recruitment ROI Onboarding 101

15Five

FEBRUARY 12, 2019

For an excellent explanation of ELTV, read How to Understand the ROI of Investing in People: Using Employee Lifetime Value to Articulate the Business Impact of Your People Team. Allison was our first salesperson to take this leave, so I discussed with our CRO how we would handle compensation during that time.

Performance Management 79

Performance Management Manager Software Revenue 79