![]() ![]() ![]() This benchmark highlights how companies achieve objectives and the potential for improving the processes related to operational performance like recruiting or onboarding process. ![]() Process benchmarking compares the operational processes of an organization to similar organizations. Knowing how a company is faring against industry standards is the basis for external benchmarking.Ĭompanies utilize the different types of HR benchmarking in the following ways: Tracking and comparing these data are valuable to assess key performance indicators (KPIs) and set targets for KPIs.īenchmarking within an organization sets the standard for evaluating processes.Įxternal benchmarking compares the data between different organizations by evaluating processes across direct competitors or similar organizations in an industry. Internal benchmarking compares data of practices within an organization over some time or between different roles and departments. What HR benchmarking looks like with eqtble Types of Benchmarking In HR Benchmarking provides companies with different perspectives which influence overall performance. HR benchmarking is the regular evaluation and comparison of data between processes, sectors, and roles within an organization and against competitors or similar organizations in an industry. It involves tracking and comparing data over time, across departments within an organization, or against data from competitors.īenchmarking is a form of quality control, and understanding what it is and ways to use it can improve strategy. HR benchmarking is a continuous process for company advancement. ![]()
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