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Metrics

Head off rising costs: Explore reasons for high claims

11/01/2006

You can look forward to smaller increases in health-plan costs for 2007, even though medical and prescription drug-plan costs are still expected to run at more than twice the rate of general inflation, according to the 2007 Segal Health Plan Cost Trend Survey …

Lessons from the 2006 SHRM conference: Metrics: Track each employee’s ‘Baseball card’ statistics

08/01/2006

On the back of each baseball card are the vital statistics that immediately tell you the player’s proficiency in various skills: hitting, fielding, etc. It would be great to have such cards on each of your employees. And, in a sense, you can, says Gary Giles, president of analytics provider ClarityMatters, which was recently acquired by Kronos …

Moving your health care costs to health care assets

06/01/2006

Corporate America continues to register alarm over unrelenting health care cost growth. If not restrained, health care costs will significantly affect every firm’s profitability and competitiveness …

Play it smart by aligning yourself with the CFO

03/01/2006

Corporate pressures now call for closer ties between HR and top finance. Winning the CFO as an ally can help earn funding for HR projects, and your strategy smarts will draw attention. Take steps to cultivate the relationships and learn the numbers he or she thrives on …

Health premium costs still rising, but not as sharply

11/01/2005
When it comes to health insurance premiums, the good news is relative.
It’s true that premiums rose less in 2005 than the previous four years. This year’s 9.2 percent average …

Justify your training proposals with ROI calculations

07/01/2005
Issue: Executives are reluctant to approve training unless they can prove that it will pay for itself many times over.
Benefit: By providing the CEO with legitimate return-on-investment (ROI) figures, …

Show how HR helps forward the big boss’s goals

03/01/2005
Issue: Learn the top brass’s priorities, and then match them up with your HR projects.
Benefit: By showing how your work helps the big bosses meet their goals, you become …

Benchmark your benefits; costs take biggest jump since ’90

10/01/2004
Issue: It’s more important than ever to know if you’re budgeting too much, too little or the right amount for employee benefits. Risk: By ignoring industry …

Pitch your tech project in ‘finance speak’

04/01/2004
Want to win approval of a pet HR technology project? Use “finance speak,” not “HR speak,” to pitch it to senior management. HR specialists tend to couch the benefits of …

Cut training costs by gauging the ROI

04/01/2004
Issue: Prove that dollars spent on training employees represent money well spent. Risk: Going out on a limb without convincing proof. Action: Use free online tools to help you …