Talent dashboards help HR managers and company leaders achieve their most basic HR goals. This is because, well- you get what you measure!
By definition, a talent dashboard is a reporting and measuring tool that helps companies with effective selection and treatment of talented employees. It does this by serving as a one-stop source of information where any employee can quickly see the current status of the company’s most critical HR goals.
Each company can track their own metrics, some of which can include:
- Net Promoter Score
- Morale Score
- Current Job Openings
- Bad Turnover Rate
- Percentage of Positions Unfilled
- Average Days to Hire
- Job Inquiries per Month
Most importantly, if you’re only going to be measuring one thing on your talent dashboards, net promotor score (eNPS) should be it! eNPS is a simple metric that indicates what percentage of your employees would recommend your company as a great place to work. By keeping eNPS front of mind, you will always know how your organization is performing in terms of alignment between employees and business goals.
Once you are measuring a strong eNPS score on your talent dashboard, you can surely expect a more positive employer reputation and employees who will advertise your company as a top employer. This demonstrates the connection between talent dashboards and an improved talent pipeline.
Building Your Talent Pipeline - 10 Practical Tools - "Talent Dashboard"
Watch this video of Jim Bitterle presenting about talent dashboards and how they can help you fill your talent pipeline!