Chief Executive

FEBRUARY 9, 2023

Even if you manage to generate consistently high profit margins, do you regularly benchmark your gross profit, operating margin and EBITDA against peer businesses in your industry?

Sales 98

Sales Sales Benchmarking Compensation 98

AIHR

FEBRUARY 28, 2024

Absenteeism rate = (Number of absent days / Total working days) x 100 Revenue per employee This is the average revenue generated per employee, usually calculated on an annual basis. However, certain circumstances may require incorporating external benchmarking data. It reflects the organization’s overall efficiency.

Human Resources 109

Human Resources Metrics Human Resource Information Systems (HRIS) Recruitment 109

AIHR

MAY 23, 2022

Higher revenue and ROI. They have needs and wants that must be met, like the need to be heard, compensated well, and grow professionally. With compensation and monetary incentives, you should empower employees to understand their worth and compare your offer with the industry benchmarks or those offered by competitors.

Benefits 118

Benefits Compensation Implementation Software 118

15Five

SEPTEMBER 5, 2019

A note about compensation: When we talk about Objective setting in relation to Reviews, the most common question we hear is whether goal completions should be linked to promotions and pay increases. Success will then be benchmarked by 90-100 percent completion, rather than 60-70 percent.

Performance Management 44

Performance Management Manager Compensation Benchmarking 44

AIHR

JUNE 7, 2022

Companies who invest in communication strategies , fair compensation and benefits , and remote and flexible work are the ones who will be able to keep their staff. You can compare your employee turnover data with previous periods, or to industry benchmarks. Demographics.

Metrics 129

Metrics Employee Engagement Insurance Benefits 129

AIHR

MARCH 16, 2023

Revenue The first ‘R’ involves getting your employees to bring maximum value to your organization. This involves creating an inclusive workplace , implementing effective performance management systems, charting career paths, offering competitive compensation and benefits , and providing ongoing feedback and coaching to employees.

Manager 110

Manager Onboarding Recruitment Implementation 110

15Five

FEBRUARY 12, 2019

Businesses are very adept at tracking their CLTV (Customer Lifetime Value), which is a factor of how much revenue a customer contributes over what length of time. In 2018 we nearly doubled our annual recurring revenue while burning very little cash, and secured over $8Million in Series-A financing.

Performance Management 80

Performance Management Manager Software Revenue 80

AIHR

DECEMBER 8, 2023

The board of directors has set a number of revenue goals per product line. We know the figures for 2023, and based on the potential of the three product lines, we’ve created a revenue goal for the next year, 2024. Product line A B C Year 2023 2024 2023 2024 2023 2024 Revenue $1.8M $2.2M $1.6M $3.8M $5.2M $4.6M

Revenue 77

Revenue Manager Benefits Marketing 77

15Five

NOVEMBER 19, 2018

We’ve been extraordinarily capital efficient, and based on a reputable benchmark , we were recently producing about 2x the average revenue per employee of companies at a similar size and stage. And finally, this year we’ll nearly double our annual recurring revenue while burning very little cash.

Manager 59

Manager Software Performance Management Performance Review 59

AIHR

JULY 26, 2022

Identify short and long-term goals by aligning your headcount targets with your long-term business strategy to help you effectively respond to labor and compensation trends and developments. Look for team sizes and ratios benchmarks, and combine the data with your company’s growth plan. Determine who needs to be involved.

Staffing 126

Staffing Recruitment Sales Sales 126

AIHR

APRIL 9, 2024

For that reason, you should be a little bit careful when interpreting the time to hire benchmark we included below. A low rate might be indicative of potential compensation issues. You can set internal recruiting metrics benchmarks, track your progress, and/or compare your results to industry benchmarks.

Metrics 101

Metrics Recruitment ROI Onboarding 101