The top story in XpertHR’s latest HR data round-up is the launch of our new absence benchmarking dashboard, which provides access to a wide range of data resources to help you measure and monitor the levels, costs and causes of sickness absence at your organisation.
Full details of the absence benchmarking dashboard can be found here.
The XpertHR absence benchmarking dashboard enables you to track absence rate measures such as:
- the number of days sickness absence per employee per year; and
- the cost of sickness absence per employee per year.
You can also use the wealth of absence benchmarking data available here to answer a range of key questions relating to absence rates, including the following:
- How did rates of sickness absence (as a percentage of working time) change between 2006 and 2010?
- How did rates of sickness absence (as a percentage of working time) by broad industry sector change between 2006 and 2010?
- What are the main causes of sickness absence?
- How did sickness absence rates for men and women change between 2000 and 2010?
- What is the sickness absence rate by UK region?
Subscribers to XpertHR Benchmarking can additionally access the XpertHR absence benchmarker, which you can use to create a bespoke, printable report on how your organisation compares on key benchmarking measures relating to absence rates and costs.
This month’s big HR benchmarking questions
Since last month’s HR data update, we’ve added new HR benchmarking datasets to XpertHR Benchmarking from our latest surveys on: performance-related pay; assessment centres; and training line managers to manage absence effectively.
Subscribers to XpertHR Benchmarking can drill down into the complete results data from these surveys. Here’s a small selection of just some of the key HR benchmarking questions from some of these new datasets (XpertHR Benchmarking subscription required):
- Do you evaluate the effectiveness of your performance-related pay scheme(s) in meeting its objectives?
- What proportion of your workforce is covered by your organisation’s performance-related pay scheme?
- Do you use assessment centres for recruitment?
- How much do your organisation’s assessment centres cost to operate per candidate?
XpertHR surveys: Take part!
All participants in each of our surveys will receive a free download of a recent, relevant HR survey article from XpertHR as soon as the questionnaire is submitted, followed by a free copy of our detailed analysis of the survey in which you’ve taken part, as soon as it is published.
Why HR data can make all the difference…
“The difference between whining and negotiating is data. If you want change, bring it. #HRFL11“
Social media return on investment (ROI): What’s the real cost of social media?
Is your company fretting about the costs and potential ROI (or otherwise) of investing in social media? In a fascinating blog post on the real cost of social media (including an outstanding infographic), Jennifer Whitehead looks at US data on the costs and benefits of companies employing social media.
Whitehead asks and attempts to answer the big question: Is investing in social media worth it for companies?
Apparently, yes. At least as far as big brands like McDonald’s, Coca-Cola and Nike are concerned – the infographic quotes research showing a significantly higher level of spend on products by Facebook fans. Of course, there’s a chicken and egg element to the research, but does that explain it entirely?”
Here are some other recent blog posts on measuring social media ROI that have caught my eye:
- For those curious about how to approach measuring social media ROI, here’s a very interesting slideshare presentation from @yongfook.
- What’s the ROI? A Framework for Social Analytics Blogger Brian Solis presents a detailed investigation of how to identify the measures of social media ROI of greatest relevance to your organisation.
HR data blog post round-up: September 2011
Here’s our latest monthly pick of top blog posts on HR data issues from XpertHR’s blogs and other blogs:
- 31% of companies block employees from using social media Writing on the Social Media B2B blog, Jeffrey L Cohen highlights 2011 data compiled by Robert Half Technology on the number of companies blocking employees from using social media. Noting that this information was difficult to track down via Google, he also makes an important point about spreading the message when it comes to invaluable HR data: “["W]hen you have important information to get distributed, make sure the information gets blogged about. People are not going to find your press release.
- TotalJobs infographic Writing on the UK Recruiter blog, Louise Triance highlights a great infographic from TotalJobs, which tracks trends in supply and demand in the UK labour market, including breakdowns by region and by sector. Louise mentions the practical uses of the data presented in this infographic: “This type of chart can give you really good data to go to a client with. For example being able to state that according to the barometer construction, aerospace, engineering and electronics sectors all grow (in number of jobs advertised/applications) by more than 20% year on year – is pretty useful stuff for a client.”
- What Can You Expect to Earn in the Valley? A few months back we looked at data relating to your everyday commute, and asked how commuting times might relate to and indeed contribute to the gender pay gap. Of related interest is this cool infographic from the appropriately-named Cool Infographics blog, which looks not only at the famously high salaries that can be earnt in Silicon Valley, and weighs them up against the notoriously high cost of living there. This post asks: “Is working in the Valley really worth it? And how much can you expect to make in the nation’s most celebrated tech scene?”
About the XpertHR HR data round-up
XpertHR’s round-up of HR data for September 2011 is the latest entry in our ongoing monthly series, which provides links to recent HR data releases from XpertHR and other sources, as well as links to news stories and blog posts of direct or indirect relevance to issues around using HR data.
If there are any HR-related data measures you would like to see covered in future XpertHR data round-ups, or if there are any surveys or HR data blog posts that you would like to see highlighted, please do get in touch. You can submit comments via the box below, or contact me directly via Twitter, LinkedIn or Google+.
XpertHR data round-up archive
Catch up with all the posts in XpertHR’s data archive series!