Key Considerations for World-Class HR Metrics
Key Considerations for World-Class HR Metrics Does the metric align with company performance?
Tag: data
HR Metrics: Forward-Looking Measures to Focus on Now and in the Future
Building Your Employee Talent Pool—Best Practices
Building a recruitment strategy that can meet the ups and downs of everyday business in a volatile economy is a tough challenge. To compound matters, you are not alone in your quest for the best employees. Even companies that are not currently hiring are actively building their talent communities and their candidate pools in preparation […]
Lies and statistics
I keep coming back to books about baseball, but they’re just too valuable in terms of personnel management. A baseball manager (and his colleagues in the team office) function so much like an HR department. They have to pick the best roster and field the best lineup for the opponent each night. They have to […]
Comparative Compensation Scorecards: How’m I Doin’?
Unit Performance Differentiation It’s hard to read the numbers in the chart below, but it’s easy to see what the chart is saying. The collection of data on the bottom right is for employees rated “needs improvement.” The middle grouping is for “successful” performers, and the grouping at the right is for “exceptional” performers. The […]
Preparing for a Market Study on Executive Compensation
One of the first things that comes to mind when figuring out how much to pay someone in an executive role is either conducting or purchasing a market study. However, there are several other things that must be completed first.
When Employees Come Armed with Data About Dollars
Of course, it may be that your compensation program is flawed, but it’s more likely that the survey the employee is referencing is flawed or inappropriate, says Brown of Effective Resources, Inc., who delivered his tips at a recent BLR-sponsored webinar. It may be a bad survey that just wasn’t done well, or it may […]
Where to Get Pay Survey Data
Pay surveys are an important tool for developing and maintaining pay plans that fairly reward employees without breaking the bank. But where should the information come from? Should it be gathered by someone in-house? Or paid for from a consultant? What are the options?
Where to Get Pay Survey Data
Pay surveys are an important tool for developing and maintaining pay plans that fairly reward employees without breaking the bank. But where should the information come from? Should it be gathered by someone in-house? Or paid for from a consultant? What are the options?
Regression Analysis: a Case Study
A nonprofit home healthcare agency has asked “a consultant” whether its CEO is fairly paid relative to the marketplace for similar agencies. The Agency has supplied a database to the consultant, who also has his own survey database of CEO pay. This case will demonstrate how regression data can be used to answer this question. […]