The U.S. Bureau of Labor Statistics reports that 73.3 million workers were paid an hourly wage in 2020, representing 55.5 percent of all workers. Of these hourly workers, about 1.1 million received pay at or below the federal minimum wage of $7.25 per hour, making up 1.5 percent of all hourly workers. Being paid a […]
The activities of many human resources organizations can be categorized into three areas: recruitment, compensation (including benefits), and employee engagement. KPIs in these categories are among those most often used by human resources, provided they’re relevant to the organization’s business goals. Recruitment KPIs Finding, interviewing, hiring and onboarding new employees is one of the most […]
In the past, attempts at using HR data as a decision-making tool were limited by the lack of tools to help pull meaningful information from team member statistics. Using multiple spreadsheets to derive metrics on complex topics, such as team member turnover and engagement, is challenging at best. The development of more sophisticated analytic software […]
