Vantage Circle

JANUARY 10, 2024

However, developing a strong retention strategy centered around meaningful metrics can lead to happier, more productive employees and significant cost savings for a company. As an HR professional, what retention metrics should you be tracking? Key Takeaways What are Employee Retention Metrics? Importance of Retention Metrics.

Metrics 59

Metrics Retention Benchmarking Implementation 59

AIHR

FEBRUARY 20, 2023

A recruitment funnel helps talent managers attract, evaluate and hire talented employees. When done well, a hiring funnel can simplify a time-consuming recruitment process for your organization. This article will explain what a recruitment funnel is, the stages in a funnel, and the steps you can follow to create your hiring funnel.

Recruitment 124

Recruitment Media Advertising Compensation 124

Vantage Circle

JANUARY 10, 2024

However, developing a strong retention strategy centered around meaningful metrics can lead to happier, more productive employees and significant cost savings for a company. As an HR professional, what retention metrics should you be tracking? Key Takeaways What are Employee Retention Metrics? Importance of Retention Metrics.

Metrics 52

Metrics Retention Benchmarking Implementation 52

Vantage Circle

JANUARY 10, 2024

However, developing a strong retention strategy centered around meaningful metrics can lead to happier, more productive employees and significant cost savings for a company. As an HR professional, what retention metrics should you be tracking? Key Takeaways What are Employee Retention Metrics? Importance of Retention Metrics.

Metrics 52

Metrics Retention Benchmarking Implementation 52

AIHR

MAY 24, 2022

HR effectiveness refers to measuring how effective an HR department’s actions and activities are to a business. 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. Employee net promoter score (eNPS).

Metrics 82

Metrics ROI Recruitment Retention 82

AIHR

AUGUST 16, 2022

Analyzing a variety of talent acquisition data and metrics helps you build strong strategies and processes to attract, select, and hire candidates. Talent acquisition metrics Benefits of talent acquisition analytics How to make talent acquisition analytics work for you: 5 tips. Talent acquisition metrics. Time to hire.

Recruitment 110

Recruitment Metrics Benchmarking Software 110

AIHR

FEBRUARY 28, 2024

This has a significant impact on organizational performance , leading to as much as a 25% rise in business productivity, a 50% decrease in attrition rates, and an 80% increase in recruiting efficiency. HR analytics, also referred to as people analytics or workforce analytics, involves gathering, analyzing, and reporting HR data.

Human Resources 109

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

AIHR

APRIL 30, 2024

For HR, reputation refers to employees’ perception of their satisfaction with HR services, how HR is positioned in the organization, the skills and abilities of HR professionals, and the trust in the HR team. HR professionals must let go of the idea that positive feedback is the only success metric.

Metrics 99

Metrics Education Administration Benchmarking 99

Zenefits

FEBRUARY 1, 2023

Regardless of the industry, results drive business metrics. It isn’t the only metric that should determine a manager’s effectiveness, but it is important. These metrics show how employee engagement and morale can influence the bottom line. Turnover rate metrics are reactive. How does the manager’s team perform?

Metrics 52

Metrics Recruitment Retention Manager 52

AIHR

MARCH 16, 2023

Key focus areas: Talent management touches on all key functions of HR , including recruitment and selection , performance management , rewards , and employee development. Improving employee retention Losing top performers is costly, both in terms of recruitment and lost productivity.

Manager 110

Manager Onboarding Recruitment Implementation 110

Walk Me

JULY 27, 2023

It can include processes and systems like recruiting software, onboarding, performance management, and learning and development platforms like DAPs. It serves as a reference point for employees to understand what is expected of them and helps ensure consistency in how policies and procedures are applied across the organization.

Human Resources 52

Human Resources Compliance Employee Engagement Diversity 52

Vantage Circle

FEBRUARY 23, 2021

Equity in a workplace refers to fair treatment for all. In any workplace, equality refers to equal rights to every opportunity and exemption from any sort of discrimination. Equality provides equal opportunities for everyone, whereas workplace equity refers to a proportional representation for the same opportunities.

Inclusion 65

Inclusion Diversity Onboarding Implementation 65

AIHR

JANUARY 8, 2024

Employee commitment refers to how attached, dedicated, and invested an employee is in their job and the wider values, mission, goals, and success of the company. Employee commitment survey Employee engagement survey Refers to the degree of loyalty and dedication an employee has towards their organization.

Scaling 83

Scaling Retention Benchmarking Employee Engagement 83

AIHR

JULY 31, 2023

As a department, it is responsible for managing HR activities from recruitment and onboarding, compensation and benefits, learning and development, performance management, and employee relations to separation or retirement. Human Resources also refers to the workforce or people employed in an organization.

Human Resources 57

Human Resources Recruitment Compensation Onboarding 57

Vantage Circle

JULY 20, 2023

Concept of DEI audit Importance of DEI audits; that highlights the significance of conducting DEI audits in organizations to assess their diversity, equity, and inclusion efforts What key metrics to consider while conducting a DEI audit? Step by step guide on how to conduct DEI audit. So how to identify the balance?

Inclusion 58

Inclusion Diversity Metrics Recruitment 58

15Five

MARCH 15, 2022

Read on to learn what DEIB means to the panelists, why it must be seen as more than merely metrics, and their tips for driving real change throughout your entire organization. She added that compared to diversity metrics, it’s harder to measure inclusivity and belonging. What is DEIB and what does it mean for HR leaders?

Inclusion 88

Inclusion Diversity Metrics Recruitment 88

15Five

JULY 18, 2019

Here are some great examples of Objectives in common categories where a company wants to create impact : • Recruit and hire phenomenal people to take us to the next level (company growth) • Raise the bar on product UX (quality) • Sustainable repeatable lead generation (revenue) • Pay everyone generously for their hard work (performance).

Metrics 69

Metrics Revenue Deliverables Software 69

AIHR

OCTOBER 5, 2023

Regular evaluation against these metrics allows for tracking the transformation’s effectiveness and making adjustments if necessary. For the HR transformation project at TechInnov, objectives might include: Global talent acquisition – Implementing new recruitment strategies to attract talent from diverse geographical locations.

Change Management 94

Change Management Implementation ROI Manager 94

AIHR

JANUARY 24, 2023

The numbers reflect how well the initiatives are working and provide reference points for reaching DEI goals. It also gives you a means for establishing goals, setting benchmarks, and measuring progress. The current recruiting process may not reach all the available demographics of potential talent. Contents What is DEI data?

Diversity 79

Diversity Employee Engagement Inclusion Compliance 79

AIHR

AUGUST 3, 2023

Employee attrition refers to long-term vacancies or position eliminations. People will get recruited or pursue opportunities elsewhere no matter what, but certain employers will have more departures than others. High voluntary turnover can create more attrition when recruiting can’t keep up resignations.

Reorganization 70

Reorganization Compensation Recruitment Retention 70

15Five

AUGUST 2, 2019

Here are some great examples of Objectives in common categories where a company wants to create impact : • Recruit and hire phenomenal people to take us to the next level (company growth) • Raise the bar on product UX (quality) • Sustainable repeatable lead generation (revenue) • Pay everyone generously for their hard work (performance).

Metrics 40

Metrics Deliverables Revenue Software 40

Vantage Circle

NOVEMBER 20, 2019

Goal setting not only allows you to take control of your team’s work direction; but also provides you with a benchmark to determine whether the business objectives are being met. Measurable - Identifiable success metrics. Here, ‘conversion rate’ acts as the metric which inspires your team to work in relation to the set goal.

Metrics 45

Metrics Performance Management Sales Sales 45

Vantage Circle

NOVEMBER 20, 2019

Goal setting not only allows you to take control of your team’s work direction; but also provides you with a benchmark to determine whether the business objectives are being met. Measurable - Identifiable success metrics. Here, ‘conversion rate’ acts as the metric which inspires your team to work in relation to the set SMART goal.

Metrics 58

Metrics Performance Management Sales Sales 58

AIHR

APRIL 9, 2024

Recruiting metrics are an essential part of data-driven hiring and recruitment. However, if you would keep track of every recruiting metric you could find on the web, you’d have no time left to do actual recruiting! Contents What are recruiting metrics? Recruitment funnel effectiveness 18.

Metrics 101

Metrics Recruitment ROI Onboarding 101

AIHR

FEBRUARY 1, 2024

Refers to the actual process of calculating and distributing wages and salaries to employees. When it comes to compensation metrics , accurate data is essential for benchmarking the competitiveness of your packages. Indirect compensation Indirect compensation (often referred to as ‘benefits’) is not typically given in cash.

Compensation 93

Compensation Manager Benefits Compliance 93

Vantage Circle

MAY 6, 2024

Employee experience platform, or EX platform, refers to a category of technology solutions designed to improve the overall experience and satisfaction of employees within an organization. It supports continuous feedback and action planning. Employee self-service portal provides easy access to information, requests, and feedback.

Software 108

Software Employee Engagement Performance Management Workflows 108

AIHR

OCTOBER 27, 2023

Compensation and benefits refers to the monetary and non-monetary rewards an employee receives from their employer in exchange for their work. Base pay Base pay (also known as basic salary or base salary) refers to the fixed financial amount that an organization pays its employees in exchange for the services they perform.

Compensation 108

Compensation Benefits Insurance Sales 108

Andrew Chen

NOVEMBER 1, 2021

I often use benchmarks like D30 >20% or projecting out M12 to be >30% to try to assess this. After that, it’s time to stamp out these networks in a more repeatable fashion — this is when the market begins to “tip” in your direction, and in the book, I refer to this stage as The Tipping Point.

Scaling 82

Scaling Marketing Recruitment B2B 82

Vantage Circle

DECEMBER 19, 2022

Vomit refers to tackling topics that employees are incredibly anxious to talk about. The word ‘feedback’ is mentioned 11 times on their recruitment page, which tells us what a big deal it is for Netflix to have a persistent feedback culture and what lengths they go to achieve the benchmark. Avoid Micromanaging.

Employee Engagement 96

Employee Engagement Benefits Manager Diversity 96

Vantage Circle

JANUARY 31, 2022

This percentage drops to 15% if you consider the metrics worldwide. Start from the recruitment process. You need to collect data to understand your efforts, weak areas, and a benchmark for the future. Which metrics will you use? This refers to real-time surveys like Vantage Pulse to measure current engagement levels.

Employee Engagement 98

Employee Engagement Benefits Manager Employee Relations 98

AIHR

JULY 26, 2022

Headcount planning refers to creating plans to ensure that your organization has the right number of people with the right skills to meet organizational needs in short- and long-term. Let’s have a look at what this means in recruitment. Solid recruitment plans. Contents What is headcount planning?

Staffing 126

Staffing Recruitment Sales Sales 126

AIHR

MAY 17, 2022

57% of these organizations are implementing diversity metrics and programs. While many companies are raising their game tracking DEI, there’s a demand for more visibility and insight into these metrics. Decide what DEI data and metrics you want to include. Contents What is a DEI dashboard? Why do you need a DEI dashboard?

Metrics 78

Metrics Inclusion Diversity Cash Flow 78

AIHR

FEBRUARY 27, 2024

An HR Management System (HRMS) offers all the functionalities of the HRIS and, on top of that: Recruiting & applicant tracking Onboarding Performance management Employee engagement A Human Capital Management (HCM) system offers all the functionalities of the HRIS and the HRMS, as well as additional features.

Human Resources 88

Human Resources Human Resource Information Systems (HRIS) Software Implementation 88

AIHR

DECEMBER 8, 2023

As explored in our HR Metrics & Dashboarding Certificate Program , the goal of strategic workforce planning is to have a workforce with the right size, shape, cost, and agility. The goal of shape refers to having the right workforce configuration with competencies needed today and tomorrow. It also involves succession management.

Revenue 77

Revenue Manager Benefits Marketing 77

AIHR

DECEMBER 20, 2023

We also continued to grow our HR glossary library, where you can find 100+ entries arranged in alphabetical order for easy reference. This makes HR even more important to any business’s success because the only way you will be able to recruit and retain the absolute best talent is to make your company a great place to work.

Benchmarking 57

Benchmarking Engineering Compensation Manager 57