HR Metrics & Analytics

Top Performers Produce 4x More Output and Higher Quality Referrals

Top performers have an incredibly high ROI Articles from academics don’t always provide practical lessons, but there have been two recent ones that everyone in talent management should pay attention to. The results of the first one focus on the output differential produced by top performers. This study published in February in Personnel Psychology which cut across several industries, revealed that the top …

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Use a Salary Reopener Clause to Increase Your Offer Acceptance Rates

One of the most frustrating elements of recruiting occurs when after weeks of hard work, you have found an excellent candidate who is excited but you can’t get past the last sticking point: the appropriate starting salary. The candidate naturally wants more, but the company is often reluctant to offer more money because they are uncertain whether the new hire …

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4 Talent Management and Big Data Lessons from the Presidential Election

Whether you follow politics or not, there are many important lessons that leaders in talent management and HR can learn from the recent presidential election. Before you dismiss the relevance of this learning opportunity out of hand, spend a few minutes to consider the following lessons from the election that may be valuable to leaders in HR and talent management. …

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“HR, Tear Down Those Walls”… and Increase Decision-Making Speed By 45%

Imagine proposing to your CEO that you could improve the speed of organizational decision-making by 45% and do it within a few months. Your CEO would undoubtedly be shocked that such a major improvement was possible in this critical business impact area, but I assure you that they would want to hear more about your solution.     This is …

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Calculate the Value of Talent

Companies are as diverse as the people who run them, but all organizations benefit by taking a systematic approach to assessing employees and attracting top talent. And it’s important to maintain your talent pool at all times, regardless of economic ups and downs. Why? It always pays, quite literally, to have talented people on board.

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A Low Turnover Rate Could Mean That You Have Ugly* Employees

Most executives assume that low employee turnover is an indication of great management. While that could be the case, there are many other reasons for low employee turnover, not all of which are good. For instance, it could indicate that talent competitors find little value in the people that comprise the organization: they simply are not desirable. Turnover Rates Are …

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How to Get Your Executives to Pay Attention to Metrics (Part 2 of 2)

Include an executive summary — if you must push out a lot of information, keep in mind that like you, busy executives don’t have the time to read an entire report, so be sure to include an executive summary highlighting the problems or opportunities that your metrics point out. Continue the story — in addition to reporting your successes through …

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How to Get Your Executives to Pay Attention to Metrics (Part 1 of 2)

  Five Differentiators of Great Metrics Initiatives Most metrics initiatives kill the design phase upon selecting a final short list of “easy-to-provide” metrics. Unfortunately this approach assures mediocre results! Delivering “easy to provide” metrics is like writing a free newspaper to be delivered via those plastic cubes alongside major streets … the vast majority distributed end up as garbage littering …

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The Cost of a Bad Hire: Butts in Chairs and How to Convince Hiring Managers to Avoid Them

(Incidentally, the same arguments can also be applied to existing weak employees in cases where layoffs or terminations are being considered.) The Top 30 Arguments against Hiring … “Butts in Chairs” a.k.a. Warm Bodies, “C” Players and Homer Simpson Business Impacts of Butts in Chairs Lost productivity — a new hire who produces in the bottom quarter of employees in …

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