Designing and Measuring Human Capital Key Performance Indicators: The Balanced Scorecard Approach

While the field of human capital analytics has been gaining ground over the past 20 years, it still remains largely disconnected from the overall business strategy. Since human capital plays a fundamental role in the creation of value, the use of relevant KPIs for measuring the organizational workforce effectively can contribute greatly to achieving the company’s strategic goals. Managers can use these measures to pay attention to key performance differentiators, which can be used as a competitive advantage and can also improve the evaluation of strategy execution.

Spotlight

CheckPoint HR

CheckPoint HR, based in Edison, New Jersey, is the trusted ally in web-based Human Resources management for small to mid-sized companies. The company’s complete portfolio combines payroll, benefits and HR management services with a web-based Human Resource Management System (HRMS) technology platform to offer customers an affordable and centralized solution. This allows small to mid-size companies to improve efficiencies, streamline operations and reduce costs.

OTHER WHITEPAPERS
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Your Ultimate Guide to New Hires Onboarding

whitePaper | April 17, 2022

They say first impressions make a big difference and this applies to the onboarding process as well! Your employee onboarding process is your chance to make a great first impression on your new hires. This guide will help you understand every aspect of the employee onboarding process, including:

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How HR Workflow Automation Helps the Mid-Market Industry Better Serve Customers

whitePaper | May 10, 2022

Much of business today revolves around the customer experience — improving it, optimizing it, personalizing it. This is understandable in a fast-paced, ever-changing environment where meeting and exceeding the expectations of customers can be a major competitive differentiator. In fact, at least two-thirds of companies now compete predominantly on customer experience.1 But what’s less understood is just how connected the customer experience is to the efficiency — or lack thereof — of employees.

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Elevating D&I with tech: a CHRO's guide

whitePaper | June 15, 2022

Today, most leaders recognize that diversity, equity, and inclusion (known interchangeably as D&I, DEI, and more recently DEIB-the B standing for Belonging) is a mission-critical business function. Yet, some companies still view D&I as a single component of employee care programs, rather than a core function that must permeate every aspect of an organization and shape its goals and activities from the most strategic down to the most tactical.

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35 Questions You Need To Ask Your HR Technology Vendors About AI

whitePaper | May 26, 2023

A lot of HR teams are using AI these days... but some departments are concerned about the complexity of this technology, and the potential introduction of bias to their talent management processes. How can you be sure AI delivers real value, and solves recruitment and retention challenges more effectively and efficiently than another approach? If you are at the start of your AI journey, or reviewing the solutions you have in place, here are the questions we would suggest you ask to ensure you are getting the most from any AI applications.

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The State of Internal Mobility, Succession, and Career Development 2022-23

whitePaper | November 30, 2022

Internal mobility, career development and succession management are important to both employee and organizational goals. Each of these issues, while separate, strongly influence the others. When done well, they can have tremendous benefits, such as improved employee retention, increased engagement and the ability to bridge skills gaps. However, when even one of the elements are not done correctly it can lead to major challenges in the organization. For example, if a manager is resistant to internal movement, their employees may become less engaged resulting in them eventually quitting.

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From Great Resignation to Great Retention

whitePaper | July 13, 2022

Employee engagement, job satisfaction and well-being is more important than ever. Yet nearly 70% of HR leaders still struggle with their employee experience efforts. Driven by the pandemic, workforce trends such as The Great Resignation put tremendous pressure on organisations to retain workers. The upside of this trend is that employees are demanding better working conditions and engagement from their management teams. Employers are starting to listen and take action. That action may come in the form of finding new ways to engage employees, such as providing the coaching, feedback and growth opportunities they need to be successful. A higher level of attention to employees’ needs is particularly important in a remote or hybrid work environment.

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Spotlight

CheckPoint HR

CheckPoint HR, based in Edison, New Jersey, is the trusted ally in web-based Human Resources management for small to mid-sized companies. The company’s complete portfolio combines payroll, benefits and HR management services with a web-based Human Resource Management System (HRMS) technology platform to offer customers an affordable and centralized solution. This allows small to mid-size companies to improve efficiencies, streamline operations and reduce costs.

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