Turnover rate is the most common HR metric. It’s usually the first metric asked for by leaders and used for many organizational KPIs. Turnover is an important metric because it tells you how many people are leaving the company over … Read More
metrics
HR System Integration Spotlight: Namely
What is Namely? Namely was started in NYC, providing a SaaS (software as a service) HR management system (HRMS). Namely focuses on mid-size companies, which are companies with about 100 to 1,000 employees. They want to create the best HR … Read More
The Importance Of Off-Boarding and 3 HR Metrics To Support
There’s nothing more important for an HR team than the employee lifecycle. It covers all aspects of the employee’s experience while working with the company. Starting with attraction and recruitment, the lifecycle continues into onboarding, development, retention. The life-cycle concludes … Read More
How to Assess Your Training Program With HR Metrics
HR metrics can be the answer to all your problems. Okay, maybe not all your problems. But the right metrics can help you get a better understanding of how your HR functions are performings. They’ll give insight on whether … Read More
HR Metrics To Understand Your Workforce: Contingent Representation Rate
The rise of the gig economy is only increasing the contingent workforce. Anyone that is not on the company’s payroll makes up the contingent workforce. Temporary staff, subcontractors, freelancers, independent contractors, consultants, contract workers can all fall under this umbrella … Read More
HR Metrics for Measuring Operational HR Expense
When looking at HR metrics, we tend to focus on the numbers that reflect on how the workforce is performing. Turnover looks at how many people leave the organization. Internal mobility rate looks at how often people are moving throughout … Read More
Representation Matters: Using HR Metrics To Measure Diversity In Key Roles
We all know the value of diversity. It cultivates an environment for innovation, creativity, and unique problem-solving. Not to mention diverse companies also produce 19% more in revenue, according to a BCG study. This includes diversity in the more visible … Read More
An HR Metric For A Recruitment Concern: Selection Rate
Selection rate, or also know as Yield rate, measures how many people are going from one stage to the next of the recruitment process. It can provide a lot of insight into how people are moving through the recruitment process. … Read More
An HR Metric: Internal Mobility Rate
What is internal mobility? Internal mobility refers to your employees’ movement throughout the organization. It includes promotions, transfers, and demotions. Larger organizations tend to have a lot more mobility since there are more positions. The greatest source of talent … Read More
How To Calculate The Cost Of Turnover And Why It Matters
Your organization’s turnover rate is one of the most spotlighted HR metrics. But, just having the number doesn’t give much of an impact. To get a full picture, determine the true cost of turnover. Turnover rate is the percentage of … Read More