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Benchmarks 2023: How We’re Doing

Chief Executive

We asked them to share key KPI data, really nitty-gritty stuff like pricing changes, staffing costs and turnover data, how many days receivables/payables are taking, changes in R&D budgets and more, and then we analyzed it all and sliced it up in every way you can think of, by size, by industry, and so on. How do you compare?

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What is HR Analytics? All You Need to Know to Get Started

AIHR

In the past century, Human Resource Management has made a dramatic shift from an operational discipline to a more strategic one. Importance of HR analytics Leveraging data has become essential to expanding HR’s role within organizations by moving it from an operational function to a strategic partner.

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How Much Paid Time Off (PTO) Is Enough?

Zenefits

When employees are feeling overwhelmed or burned out, they aren’t operating at peak performance. Less regulation, which could lead to unexpected staffing shortages. While the decision of how much PTO to offer is up to you, it’s a smart idea to benchmark other businesses in your industry, especially your competitors.

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How To Set Your Recruitment Goals In 2024

AIHR

Operational recruitment goals Goals to improve the HR department’s recruitment capabilities, processes, and performance. Enjoy steady progress: Consistent goal setting and measurement of outcomes provide you with benchmarks to track progress, assess the effectiveness of your recruitment strategies , and tackle areas for improvement.

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What Is the Average Number of Sick Days in the U.S.?

Zenefits

While the BLS’ analysis is a reliable benchmark, it would be a mistake to solely rely on it. Although these programs are conceptually similar to the FMLA, they are operated by the state government. Otherwise, it can cost you in other (indirect) ways, such as staffing shortages and disruptions in productivity.

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Capital Expenditure Budget Examples In The Healthcare Management Industry

Walk Me

Healthcare organizations have three budgeting processes: Operational budgeting, capital budgeting, and rolling forecasting. The healthcare manager can separate expenses into several categories, the first of which is operational budgeting. Operational Expenses. Capital Expenses. Policy changes such as Obamacare.

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What Is Human Resources?

AIHR

Through workforce planning, talent management, succession planning, and applying other HR best practices , HR professionals ensure that the organization has the required talent to keep operating and meet its long-term goals. The goal is to ensure the company is adequately staffed with the right people to avoid surpluses or shortages.