HR

Average Time to Fill a Job Vacancy

Category: HR

Average time to fill a job vacancy

Human Resource (HR) is a critical business function that recruits and nurtures the most precious resource for the organization – their people. However, very few...

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Average Tenure

Category: HR

Average Tenure

There are many ways you can determine an employee’s satisfaction with their job. You might ask them to rate their engagement with the work, look...

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Benefits Satisfaction

Category: HR

Benefits Satisfaction

“What kind of benefits does your company offer?” This might very well be the first question a potential employee asks. Benefits can make or break...

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Candidates Interviewed per Hire

Category: HR

Candidates Interviewed per Hire

The discussion regarding the most important metrics in human resources is open to debate. However, most people agree on the fact that the candidates interviewed...

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Cycle Time to Process Payroll

Category: HR

Cycle Time to Process Payroll

While most organizations tend to overlook and underrate HR metrics, their efficiency in assessing the policies, employees and other important aspects is undeniable. Assessment and...

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Cycle time to resolve payroll errors

Category: HR

Cycle time to resolve payroll errors

HR metrics are generally overlooked by most organizations but underrating them might not be the best idea – particularly if you’re an entrepreneur who desires...

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Diversity numbers/Nationalities in the work force

Category: HR

Diversity numbers/Nationalities in the work force

When you own a company, you know that the employees are going to be different from each other. They are not only of different genders,...

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Diversity Rate

Category: HR

Diversity Rate

The Diversity Rate metric is important for a company because of several reasons. Probably the most important one is the fact that the said company’s...

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Effectiveness of training

Category: HR

Effectiveness of training

A common mistake that companies make when onboarding new employees is conducting inadequate training sessions. At times, an employee might not learn everything they need...

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Category: HR

Employee Productivity Rate

There’s a rule of thumb that applies to all companies in the world: the employees are divided into productive and procrastinators. When those procrastinators do...

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Category: HR

Employee Satisfaction Index

It should come as no surprise that if they are unhappy, employees will leave the company that they work for. A couple of years ago,...

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First Year Voluntary Termination Rate

Category: HR

First Year Voluntary Termination Rate

The First Year Voluntary Termination Rate is yet another Human Resources metric – of course, it’s also one that’s very important to a company, as...

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Health Care Expense per Current Employee

Category: HR

Health Care Expense per Current Employee

It goes without saying that most employers try to offer their employees the best healthcare plans. However, health care plans are becoming more and more...

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Hiring Process Satisfaction Rate

Category: HR

Hiring Process Satisfaction Rate

As CEO or part of the management’s team of a certain company, you will rarely look into how the hiring process is being done –...

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Involuntary Termination Rate

Category: HR

Involuntary Termination Rate

The termination rate of a company is the percentage of people that decide (or are forced) to leave the company for various reasons. The voluntary...

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What is the Net Promoter Score

Category: HR

Net Promotor Score

You’ve probably heard a lot of people complain about their workplace. They talk about how bad it is, and how they will never recommend anyone...

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Category: HR

New hire 90-Day Failure Rate

The New Hire 90-Day Failure Rate is a Human Resources metric that’s used by businesses and companies in order to determine the percentage of new...

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Category: HR

Number of Contractors

As a company, you probably have your own employees that you can rely on a daily basis. They are your pillars that will help your...

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Category: HR

Number of D&I initiatives implemented

Diversity and inclusion in the workspace represent a sensitive topic that every employer must know of and apply. And not only must the employer apply...

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Category: HR

Number of Employee Satisfaction Surveys

By now you should already be familiar with the Employee Satisfaction Survey, which should be taken once every 6 months. However, it can so happen...

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First Year Voluntary Termination Rate

Category: HR

Number of Full-Time Employees

As the owner of a company, you probably have two types of employees: full-time and part-time. However, since part-time employees are only contributing a small...

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Asset Turnover Ratio

Category: HR

Percentage of Cost of Workforce

When it comes to HR metrics, the cost of workforce is the elephant and the room and the reason for that is quite transparent: in...

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Web Traffic Concentration

Category: HR

Percentage of Employees Trained

There are several situations in which your new employees could require training. For example, after a month of them being on the job, your company...

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Total Visits

Category: HR

Percentage of Job Candidates Who Meet Job Criteria

When candidates apply for a job, they don’t always know everything it includes. Some of them meet the job criteria, while others don’t, and you...

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Cycle Time to Process Payroll

Category: HR

Percentage of Vacation Days Used

In order to maintain a healthy life and work properly too, employees need vacations. In order to make that possible, they need to have a...

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Successful to unsuccessful tenders

Category: HR

Percentage of Workforce below Performance Standards

As an entrepreneur of a successful company, you want your employees to perform well. Sometimes, the term well is difficult to put in words, and...

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Category: HR

Performance of New Hires

Employees, regardless of how long they’ve been employed at your company for, need to have a good performance. It is the only way your company...

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Category: HR

Rate of Internal Job Hires

There are so many metrics that it’s hard to keep track of each and every one of them. One of the metrics that is often...

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Category: HR

Rate of Internal Referral Hires

Employees need to have a certain set of skills, as well as a lot of knowledge in the domain. When hiring new people, you want...

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First Year Voluntary Termination Rate

Category: HR

Retirement Rate

Those who start up their new business do so with a plan: to be successful in their business in the long run. And for you...

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Asset Turnover Ratio

Category: HR

Return On Investment (ROI)

If anyone is getting into business without having no clue what the ROI is, they are in some serious trouble. When one owns a company,...

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Web Traffic Concentration

Category: HR

Salary Competitiveness Ratio (SCR)

If you’ve worked in a company for years on end, you probably realized that people want better salaries not on account of them being materialistic,...

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Total Visits

Category: HR

Training Cost per Employee

As you probably already know, simply hiring someone may not be enough to boost the performance of a certain department of your company. In this...

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Cycle Time to Process Payroll

Category: HR

Turnover Rate for Highest Performers

Companies hate it when their people leave – but they hate it even more when a valuable person with vast experience leaves. According to some...

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Successful to unsuccessful tenders

Category: HR

Voluntary Termination Rate

It’s very rare that an employment at a certain company lasts for a lifetime – mainly because the average person works for about five years...

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Category: HR

Yield Percentage

How can a company assess that its recruiting process is efficient or not? One of the ways in which you can do that is by...

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Category: HR

Average Retirement Age

Depending on the country or state that they live in, everyone has an age at which they are legally allowed to retire. However, there are...

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Category: HR

Attrition Rate

As much as some companies love to change overnight for various reasons, people leaving the company is never a good change to embrace. As an...

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Category: HR

Acceptance Rate

There are times when people try their luck at getting a job at your company. Some candidates are what you’ve been looking for, while others...

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First Year Voluntary Termination Rate

Category: HR

Absenteeism Rate

We all get sick or have emergencies at some point. Sometimes, we are simply unable to get to work – and this has nothing to...

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