Remove Benchmarking Remove Metrics Remove Performance Management Remove Recruitment
article thumbnail

Recruitment ROI Explained Plus How To Calculate It (in 2024)

AIHR

Recruitment ROI is an important metric that lets HR professionals calculate if their recruitment process is adding value to an organization — or costing it more money than each new hire is worth. Contents What is ROI in recruitment? Why should HR track recruitment ROI? Do you know what your cost per hire (CPH) is?

ROI 57
article thumbnail

OKRs vs. KPIs: The Key Differences & Use (With Examples) 

AIHR

OKRs set ambitious goals, while Key Performance Indicators (KPIs) provide measurable metrics to track progress, creating a powerful framework for aligning strategy with execution. This article will explain the key differences, when to use each, and metrics to track when measuring each methodology. Sales increased by 8.5%

KPI 97
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

How to Measure HR Effectiveness with 12 Key Metrics

15Five

According to Gartner, 58% of organizations say a lack of relevant metrics to track HR progress is one of the top barriers to effective strategic planning. Most other business functions have a standard set of metrics that show the effectiveness of their team and how they’re contributing to the company’s bottom line (e.g.,

Metrics 90
article thumbnail

How to Measure HR Effectiveness: 12 Useful Metrics

AIHR

For example, an efficiently designed and executed recruitment and onboarding strategy can help bring top talent on board, leading to increased productivity and, therefore, revenue. Similarly, a dynamic performance management system allows managers and employees to keep track of progress and performance, improve, and meet organizational goals.

Metrics 83
article thumbnail

What is a (Good) Promotion Rate and How To Calculate It

AIHR

The promotion rate is a key metric that helps HR and business leaders understand how many employees are promoted internally within the company. A promotion rate is an HR metric that measures the rate or frequency at which employees are promoted to fill open positions within an organization over a specific period.

Metrics 77
article thumbnail

21 Highest-Paying HR Jobs in 2023

AIHR

Vice President, Talent Acquisition Salary : $283,000 – $498,000 Job description A VP of Talent Acquisition oversees a team of talent acquisition specialists tasked with recruiting candidates for executive and management positions. Leadership and management: Collaborate with the CEO and C-suite to address HR priorities.

article thumbnail

A Full Guide To the Human Resources Specialist Role

AIHR

Human resources specialists perform specific HR functions like recruitment, training and development, compensation and benefits, rewards, and employee relations. Performance management: HR practitioners should have good listening skills, empathy, and emotional intelligence to manage people’s performance effectively.