Preparing for OKR

| Category: OKR University.

In the right hands, OKR’s can be the most effective goal management measure to reach your company’s objectives and reach new levels in your industry. But before you roll out your OKR method, it’s crucial to make sure that your organization is prepared to handle the implementation of a structured plan toward reaching its major… Read more

OKRs vs KPIs

| Category: OKR University.

In our discussions with many OKR enthusiasts and prospects, this is one of the most frequently asked questions. Typical follow up questions are: How are OKR and KPIs different? How are the 2 similar? Do we need OKRs if we have KPIs? KPI.org defines KPIs as follows — “Key Performance Indicators (KPIs) are the critical… Read more

Defining an OKR

| Category: OKR University.

Defining an OKR is easy, Objectives and Key Results, or OKRs in short, is a rigorous goal setting and tracking method invented by Andy Grover and used in Intel from its early years. Andy Grover derived the concept of OKR from the teachings of Peter Drucker’s Management by Objective. OKR consists of two components. Objective:… Read more

Average time to find a hire

| Category: Financial.

In today’s post, we will focus our attention on one of the most important and relevant recruiting metrics – namely the average time to find a hire. Business owners, recruiters, and entrepreneurs depend on this data as it points actionable insights. It’s as simple as this: the purpose of these recruiting metrics is to answer… Read more

Average time to fill a job vacancy

| Category: HR.

When your company is left with an open position it is basically understaffed – this also means that your company probably has some of its operations disrupted or canceled, which in turn means that you can lose money just because of a vacant job position. This is where the Average Time to Fill a Job… Read more

Average Tenure

| Category: HR.

When an employee is satisfied with a company, they will remain with it until the end – or at least, until they find a better opportunity. On the other hand, if an employee is dissatisfied with their experience within a certain company, they will try their best to leave as soon as possible – ending,… Read more

Benefits Satisfaction

| Category: HR.

The benefits – the very first thing a potential employee asks about. Now, of course, any employee can grow to be dissatisfied with his benefits, either because a different company offers better ones or because these are of little to no actual help. Subsequently, assessing the Benefits Satisfaction in your company from time to time… Read more

Candidates interviewed per hire

| Category: HR.

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 per hire metric could offer reliable indicators concerning the recruiting and the interviewing process. Categorically, it is just as critical to interpret the results provided by the calculations accordingly. Your… Read more

Cost per Hire

| Category: Financial.

Judging by the name of this metric, Cost per Hire refers to the amount of money your company spends in order to hire a person. On its own, this metric offers insight only on how much you spend per individual hired – but when paired with the Recruiting Budget metric, you can determine how much… Read more

Cycle time to process payroll

| Category: HR.

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 implementation have to be measurable in order for you and your team to be efficient – and in order for your company to be optimized. Because it is an important… Read more