12 metrics for measuring workforce planning

Workforce planning is the cornerstone of any good recruitment plan. Understanding how to translate organizational needs into new hires is the best way to guarantee a strong team with high quality of hire and low attrition rates. To help you understand how successful your plans are and what you should be working on improving for the future, we’ve put together a list of 12 metrics that will give you insight and guidance into your workforce planning process’ effectiveness. HeadcountAttritionBench strengthQuality of hireRetention rateCareer path ratioTenure distributionAbsenteeismVoluntary vs. involuntary turnoverTime-to-hireeNPSTraining ratioAge…

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HR leader Kate James on productivity and performance in a pandemic

Kate James, Head of People Operations at Curve, has been working hard at keeping employees engaged, productive, and performing, even in the midst of a global pandemic. She shared her tips and ideas and ideas with us on: Performance management without micromanagingAvoiding Zoom fatigueWhat we can learn from Netflix about managing teams Hibob: How do you measure productivity without creating a “big brother” feeling among your employees when you’re all working from home? Kate James: It’s been a relatively easy transition because even before Corona we had practices in place…

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How to implement your first compensation plan

How to implement your first compensation plan

When pay decisions rely on gut instincts, gender bias, and unreliable data, compensation decisions can create complications and setbacks. To replace your ad-hoc compensation plans with a solid strategy, you must consider what’s included in the program, how compensation impacts the employee life cycle, as well as when—and how—you should launch your strategy.

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Performance management templates

Performance management templates for easy and effective cycles

Performance management, when done right, can help employees become more productive, develop new skills, and take an active part in promoting organizational goals. Organizations can improve processes, systems, and procedures towards greater efficiency and growth.

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Why you should be working with performance management templates

Newer perspectives on employee performance and productivity are designed to facilitate frequent conversations between employees, managers, and other stakeholders about growth and development.  For HR leaders, ensuring that performance management systems are applied efficiently means strategizing, designing, training, implementing, monitoring, and reviewing the system and its processes. One way to streamline this huge task is by using online performance management platforms and templates.  Performance management groundwork Knowing which templates to use will depend on your performance management framework, and before knowing which framework to adopt, organizations need to first lay…

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Performance Management Strategy

An HR Guide to developing performance management strategy

Performance management can improve employee engagement—and happier more engaged employees are more productive employees. Performance management, when done right, can help employees become more productive, develop new skills, and take an active part in promoting organizational goals. An effective performance management strategy can also help organizations improve processes, systems, and procedures towards greater efficiency and growth.

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HR leader Dana Barzilay on flexibility and sensitivity in the new normal

Dana Barzilay, CHRO at Cyberbit, shared with us her insights on effectively managing people as the new normal of a COVID-19 world sets in. The key, according to Barzilay, is to listen and be sensitive: to meet employees where they are; communicate in new, creative ways, and highlight elements of people’s lives outside of work. Hibob: How do you handle sensitive discussions at work, like differing opinions about COVID and mask-wearing? Dana Barzilay: When it comes to COVID-19 and mask-wearing, we are following local regulations for each of our sites.…

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Metrics that matter: why attrition isn’t like other retention metrics

Employee attrition and retention are like peas in a pod—attrition is the peas, retention the pod. While they’re not the same, they need to be addressed as a package deal. When employee retention is low, we have a problem: employee happiness is down, engagement is off, or maybe the economy is strong and people are leaving for greener pastures. When employee attrition is high, however, we might not have a problem—but we do have something to address. Let’s go into: Attrition vs. retentionCalculating employee attritionWhat high attrition says about your…

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5 tips for transitioning your compensation management process to HR tech

Compensation management is one of the most important parts of people management—and the stakes are high. One misdirected email and you’re toast. When discretion is of utmost importance and there’s no room for error, you need to make sure you’re working with tools that keep your information safe, organized, and error-free. That’s why spreadsheets are a no-go for compensation management. To run something as tricky as compensation management, you need HR tech. It’s not easy to transition legacy processes, though—we know it takes thought and effort. Use the following five…

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Metrics that matter: the Bradford Factor

The cost of absenteeism is high. Whether it’s resulting from burnout, lack of motivation, or just really nice weather outside, if your people are choosing to ditch work, then your organization is in trouble. The Bradford Factor is a specific type of absenteeism measurement. Based on the theory that shorter, more frequent absences are more detrimental to the organization than longer, less frequent ones, the Bradford Factor measures absenteeism per-employee by duration and frequency. Let’s get into: Measuring the Bradford FactorWhat could be causing a high Bradford FactorHow to address…

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3 templates for compassionate job candidate rejection emails

While we search for the highest-quality hires, we’re going to meet some other great (and not-so-great) candidates along the way. For that one new hire, there are going to be others—maybe a few, maybe a few thousand—who aren’t going to land the role. Especially when dealing with high-traffic job posts, writing involved rejection letters can be time-consuming. That’s why it’s so tempting to send an easy form email—or, when it gets really overwhelming, not to answer at all. But to help candidates improve—and hopefully want to stay in our pipelines—we…

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Performance Makes Perfect: Measuring Employees Remotely

Most teams have been working remotely now for over a quarter, but it still feels like we’re far away from things returning to normal—whatever that means. Four months into WFH, many companies are broaching new tricky terrain: How can I measure employee performance remotely? With many modern companies looking ahead to a fully-remote or hybrid working model, managers and HR leaders are dealing with so many new challenges when it comes to performance, such as: How can you gauge an employee’s performance and productivity when you don’t see them in-person?How…

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6 tips for supporting employees through the second wave (and beyond)

It’s been over six months since the whisperings about COVID-19 began, and what may have been up for debate then is now widely accepted: COVID-19 is here to stay, and so is the “new normal” it’s enforced upon the workplace. Many companies have announced plans to keep their workforce remote through 2021, and employees who are returning to the office are finding a very different environment than the one they left.  This reality will impact employees’ motivation, emotional wellbeing, and productivity, if it hasn’t already. Companies need to respond, and…

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What does eNPS mean and why is it so important for recruiting?

Are your employees happy? How do you know? Many of us are grateful to have jobs right now—but that doesn’t mean we’re happy where we are. While we might be happy that we’re employed, it doesn’t mean we’d want our friends to join us in our daily slog. That’s why measuring your company’s eNPS score is so important. Employee net promoter score (eNPS) is a metric that assesses employees’ job satisfaction by measuring their willingness to recommend their company to others. If your employees want their friends to hop on…

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Compensation management

Why you should manage compensation using HR Tech

Managing compensation is a complicated task. It’s an essential part of administering and ensuring equitable pay, meeting employee expectations and maintaining organizational fiscal responsibility. Using HR Tech, HR teams can manage, find, and leverage HR data in a fraction of the time it takes when that data is stowed away in a spreadsheet.

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