©SHRM 2008SHRM Weekly Online Survey: February 13, 20081 Benchmarking Metrics Sample comprised of...
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1©SHRM 2008 SHRM Weekly Online Survey: February 13, 2008
Benchmarking Metrics
• Sample comprised of 423 randomly selected HR professionals.
• Analyzing 423 responses of 2,945 emails sent, 2,756 emails were received (response rate = 15%).
• Survey fielded February 7 – February 14, 2008; presentation generated on February 28, 2008.
• Margin of error is +/- 5%.
2©SHRM 2008 SHRM Weekly Online Survey: February 13, 2008
Rate Organizations Collect HR Benchmarks/Metrics (e.g., cost per hire, turnover, etc.)
46%
29%
14%
11%
0%
10%
20%
30%
40%
50%
As needed, no particularschedule
Monthly Quarterly Annually
n = 317
Note: Respondents who answered “N/A” or “Not sure” where excluded from this analysis.
3©SHRM 2008 SHRM Weekly Online Survey: February 13, 2008
Level of Agreement in the Use of HR Benchmarks/Metrics in Setting Objectives to Improve Performance at Organizations
38%
58%
4%
0%0%
10%
20%
30%
40%
50%
60%
70%
Strongly agree Agree Disagree Strongly disagree
n = 299
Note: Respondents who answered “Not sure” where excluded from this analysis.
4©SHRM 2008 SHRM Weekly Online Survey: February 13, 2008
Reasons Organizations Experience Challenges in Collecting HR Benchmarks/metrics
57%
52%
41%
34%
43%
48%
59%
66%
0% 10% 20% 30% 40% 50% 60% 70%
Uncertain how to collectmetrics, n=247
Uncertain about whichmetrics to collect, n=258
Tyingbenchmarks/metrics into
organization’soperations, n=258
Time to collect thebenchmarks/metrics,
n=266
No Yes
Note: Respondents who answered “Not sure” where excluded from this analysis.
5©SHRM 2008 SHRM Weekly Online Survey: February 13, 2008
Organization Planning to Start Collecting HR Benchmarks/Metrics in the Next 12 Months
17%
17%
38%
29%
0% 10% 20% 30% 40%
No, but we are starting totalk about collecting this
type of data
No, we have talked aboutit, but we haven’t startedto collect this type of data
No, there has been nodiscussion about
collecting this type ofdata
Yes
n = 66
Note: Percentages do not total 100% due to rounding.
6©SHRM 2008 SHRM Weekly Online Survey: February 13, 2008
Reasons Organization Are Not Collecting HR Benchmarks/Metrics
23%
49%
54%
56%
0% 10% 20% 30% 40% 50% 60%
Tying benchmarks/metricsinto organization’s
operations
Time to collect thebenchmarks/metrics
Uncertain how to collectmetrics
Uncertain about whichmetrics to collect
n = 47
Note: Percentage does not total 100% as multiple responses were allowed.
7©SHRM 2008 SHRM Weekly Online Survey: February 13, 2008
Rate Organizations Collect HR Benchmarks/Metricsby Organization Staff Size
Overall
(317)
Small
(1-99 employees)
(n=68)
Medium
(100-499 employees)
(n=118)
Large
(500 and more)
(n=107)
Differences by Organization staff size
As needed 46% 68% 47% 32% Small > medium, large
Monthly 29% 18% 31% 36% Large> small
Quarterly 14% 6% 10% 22% Large> small, medium
Annually 11% 9% 13% 9%
Note: Sample sizes are based on the actual number of respondents answering the organization staff size question; however, the percentages shown are based on the actual number of respondents by organization staff size who answered the question usingthe provided response options. Blank cells indicate that no statistically significant differences were found. Respondents who indicated “N/A” were excluded from this analysis. Respondents who indicated “Not sure” were excluded from this analysis.
8©SHRM 2008 SHRM Weekly Online Survey: February 13, 2008
Level of Agreement in the Use of HR Benchmarks/Metrics in Setting Objectives to Improve Performance at Organizations by Organization Staff Size
Overall
(299)
Small
(1-99 employees)
(n=73)
Medium
(100-499 employees)
(n=123)
Large
(500 and more)
(n=117)
Differences by Organization staff size
Strongly agree 38% 27% 36% 48% Large > small
Agree 58% 70% 61% 47% Small> large
Disagree 4% 3% 3% 5%
Strongly disagree 0% 0% 0% 0%
Note: Sample sizes are based on the actual number of respondents answering the organization staff size question; however, the percentages shown are based on the actual number of respondents by organization staff size who answered the question usingthe provided response options. Blank cells indicate that no statistically significant differences were found. Respondents who indicated “N/A” were excluded from this analysis. Respondents who indicated “Not sure” were excluded from this analysis.
9©SHRM 2008 SHRM Weekly Online Survey: February 13, 2008
Reasons Organizations Experience Challenges in Collecting HR Benchmarks/Metrics by Organization Staff Size
Overall Small
(1-99 employees)
(n=73)
Medium
(100-499 employees)
(n=123)
Large
(500 and more)
(n=117)
Differences by Organization staff size
Time to collect the benchmarks/metrics, (266)
66% 66% 69% 64%
34% 34% 31% 36%
Tying benchmarks/metrics into your organization’s operations, (258)
59% 55% 68% 52% Medium> large
41% 45% 32% 48% Large>medium
Uncertain about which metrics to collect, (258)
48% 50% 57% 39% Medium> large
52% 50% 43% 61% Large>medium
Uncertain how to collect metrics, (247)
43% 48% 51% 33% Medium> large
57% 52% 49% 67% Large>medium
Note: Sample sizes are based on the actual number of respondents answering the organization staff size question; however, the percentages shown are based on the actual number of respondents by organization staff size who answered the question usingthe provided response options. Blank cells indicate that no statistically significant differences were found. Respondents who indicated “N/A” were excluded from this analysis. Respondents who indicated “Not sure” were excluded from this analysis.
10©SHRM 2008 SHRM Weekly Online Survey: February 13, 2008
Organization Staff Size
n = 386
Small
(1-99 employees)
27%
Medium
(100-499 employees)
40%
Large
(500 and more)
33%