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HR Metrics: Dismissal rate
So the organization or parts of it are dismissing too many people. You think to yourself, “why is my recruiting so bad that I get crap people?” I suppose that is one diagnosis to the problem, and from the manager point of view, it’s the obvious one. I have a slightly different perspective. Overall, it’s…
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Most Admired?
Hay Group presented the findings from an exclusive HR-specific recalibration of Fortune magazine’s Most Admired Companies rankings, as well as key business practices that distinguish these companies from their competitors. For more than 10 years, Hay Group has partnered with Fortune magazine annually to identify the Most Admired Companies and the business practices that make…
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HR Metrics: Resignation rate
I would have to think that resignation rates are pretty low right now. When companies are laying off employees and security and new jobs are hard to come by, employees are thinking much harder before leaving their employer. Usually we think of the resignation rate being a factor of the employer brand and manager capability. …
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What is portal?
I mean really, we have these things called portals that are mostly transactional self service engines these days. But we at least realize there is potential for so much more. Instead of allowing employee and manager look-ups and transactions, we’ve been realizing that the portal can be the launching point for employer branding and communications,…
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HR Metrics: Turnover Rate
Honestly, I could really care less about turnover rate the way most organizations calculate it. Sure, it informs me a little bit regarding the employer brand, and perhaps about the organization’s competitiveness against the market, but overall, turnover can be used much more effectively. Most turnover reports consist of organizational and departmental turnover with terminations…
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Get Rid of the Performance Review
The Wall Street Journal had a wonderful article a couple months ago arguing why the performance review is not advantageously contributing to overall productivity for a number of various reasons. I have argued on this blog many times before that performance is not useful and either needs to be completely overhauled and reimagined from the…
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HR Metrics: Contractor fill rates
So you probably have a specific number of independent contractors, consultants and agency employees within your organization. You also probably have not really given much thought around what percentage of your total population these contractors represent. The reason this is important is because this percentage actually impacts the organization’s ability to scale and respond to…
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SuccessFactors Results
It will be interesting to see what the SuccessFactors executives say on their 4th quarter performance results, and even more so for their projections for 2009. Given that they just did an across the board layoff ((I don’t have direct knowledge, but the word on the street was that they did 20% across the board))…
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HR Metrics: External recruitment rate
Feb 4 The external recruitment rate is important because it informs of the organization’s ability to provide growth opportunities for employees and alternatively to infuse new ideas from outside the organization. Both of these concepts are important, and the desired rate for any organization is dependent on the strategic objectives. Organizations that pride innovation may…
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LinkedIn Talent Advantage
LinkedIn is expanding it’s corporate recruiting functionality today with Talent Advantage. Really, all of the functionality is old stuff that has been rebranded. There is a new “Custom Company Profile” which I think has existed in one form or another for some time, but now has new functionality for employer branding and some cool algorythms…
