Metrics are valuable to the strategic effectiveness of HR. They provide a way to measure the success of your HR team’s initiatives. There are metrics for every stage of the employee lifecycle. Of course, don’t forget to follow-up with the analytics once you have the data and metrics. Here are just a few metrics to […]
Month: May 2019
Understanding the employee lifecycle is key to the success of HR and it being a strategic business partner. There are metrics for every phase to help.
How many systems or sites do your employees access throughout the day? Five? Ten? If you consider that HR itself could have multiple systems to manage the employee lifecycle. Then factor in various operational systems that support the business and finance. Ten is probably not too crazy of a number. That’s ten different passwords. Ten […]
Compensation is an integral part of an organization’s budget strategy. It is important to understand the current state of your employees’ pay. Compa-ratio is a versatile metric to compare your compensation plans and strategies internally and externally. What is Compa-Ratio? This metric compares an individual’s salary against a salary range. You can use […]
The Midwest is in the height of a very active and violent tornado season. Over the past week, Missouri has been hit with severe weather and catastrophic tornadoes. The devastation is only being compounded by heavy rains that are flooding major rivers. News agencies are reporting this tornado season has already been above-average and people […]
Holiday pay is not mandated under the Fair Labor Standards Act (FLSA), even if the office is closed for the day. The federal law only mandates pay for time worked, which does not include holidays and vacations. But that doesn’t mean you shouldn’t consider offering paid holidays as a benefit. On average, companies in the […]