The promotion rate is a key metric that helps HR and business leaders understand how many employees are promoted internally within the company. Knowing how to calculate the promotion rate and benchmark your internal promotion rate against competitors allows businesses to understand how well they are promoting from within and pinpoint areas where promotion policies…
We’re living in a unique, unpredictable labor market. In October alone, 4 million Americans quit their jobs, contributing to over 10 million open jobs, with just 6 million people looking for work. Now, more than ever, organizations must do everything in their power to protect their most valuable asset – their employees. Investing finite resources…
Talent strategy (often referred to as talent management strategy or talent acquisition strategy) is essential if organizations want to ensure they have the right talent in the right place to meet their long-term financial, marketing and operational goals and objectives. Therefore, being able to recruit, develop, engage and retain the right people at scale should…
The role of Chief Wellness Officer was virtually unheard of until 2015 when Deloitte and Kirkland & Ellis LLP appointed well-being leaders in their companies. Still, it took several more years and a pandemic for other organizations to take notice and recognize the need to take a deeper interest in the health and well-being of…
Productivity analysis and metrics are of great concern to HR teams and business leaders worldwide. Product inefficiencies have a significant impact on the success of an organization and can mean the difference between a business that thrives and is profitable and a business that has to eventually close its doors. Research by Opus Energy found…
Healthy organizations provide their employees with an environment where they can thrive. That translates into the company’s ability to achieve its goals and, ultimately, positive business results. What are some organizational health metrics HR should know and keep track of? ContentsWhat is organizational health?12 organizational health metrics to measure What is organizational health? Organizational health…
Over the past ten years, data and analytics have become an integral part of Human Resources. While most organizations have started to improve the operational aspects of data collection and management, data ethics continue to trail behind. Research by Insight222 found that 81% of people analytics leaders believe ethics or privacy concerns have compromised their…
As a Human Resources professional or manager, it’s easy to feel overwhelmed by the number of apps and cloud-based systems used in your organization. The average HR department has double-digit apps to manage various parts of the business, like sourcing talent, tracking candidates, paying employees, and managing benefit packages. So, how can you avoid data…
FTE vs. headcount: What exactly is the difference between these two resource management methods and how can HR use them effectively in planning and reporting? This article provides an indepth dive into the two models, what are the benefits of each, as well as the limitations and considerations for HR professionals. ContentsFTE vs. Headcount Full-Time Equivalent…
When referring to HR marketing, you might immediately think about employer branding. But there are other marketing strategies and tools that HR professionals can leverage to build a successful recruitment strategy and attract top talent. ContentsSegment your target audiencesUse multi-channel marketing to reach your audienceUtilize performance marketingTrack the right marketing metrics In this article, we…