Are you effectively managing your human capital?
We will help you monitor how the effectivity of an HR management system is connected with financial results and a company’s overall productivity.
Maintaining a competitive position in the labour market requires a detailed analysis of key metrics, which also allows for comparison with data from other companies.
Take advantage of our long-standing experience.
What is HR Benchmarking?
HR Benchmarking is a tool to determine the level of efficiency of human resources management in comparison with other leading companies on the Slovak market. The survey reveals the need for a more thorough examination of the cause of possible deviations and enables to identify the areas of possible improvements.
HR Benchmarking is based on the international methodology of the PwC Saratoga Institute. The methodology provides an empirically validated model for measuring performance in human resources management that is used in more than 35 countries around the world.
of CEOs say that their companies are currently using analytical data to find and retain the right people.
Areas of HR Benchmarking:
“The survey results are very useful for us. We have been using them for a long time, in particular for the purpose of preparing the local HR strategy and making strategic decisions in several HR areas (recruitment, education, increasing efficiency and productivity, workforce planning etc.).”
How can the survey help you?
As a practical basis to set up an internal system for evaluating the company´s performance and efficiency and the optimal use of the company´s capacities and available resources.
It will help you identify gaps and determine subsequent process improvements.
As a basis for human resources management decisions as well as financial decisions based on relevant information and data.
Example of KPIs
- Employee turnover
- Time spent on the recruitment process and success rate in filling positions
- Internal and external recruitment
- Management scope
- Training costs and training hours per employee
Employee turnover
It tracks total and voluntary turnover and shows how many employees voluntarily leave their employers.
Time spent on the recruitment process and success rate in filling positions
Indicates the effectiveness of the company´s recruitment process and at the same time reflects the existing situation on the labour market.
Internal and external recruitment
It refers to the relationship between external and internal recruitment.
Management scope
It enables to determine how many employees there are per manager.
Training costs and training hours per employee
It indicates the volume of company´s resources spent on training its employees.
Find out where your business is today – and where it should be tomorrow
Get more information through HR metrics with much less effort
Using an automated process, you will track the most important parameters from the standard HR performance metrics (such as turnover and recruitment of employees). These allow you to compare relevant parameters, look at the data in the right way and know where to invest.
Benchmark yourself against competitors- you will get better prospects for the future
Our robust database of companies provides you valuable information to help you see how your business compares to similar companies by business sector, number of employees or revenue levels.
Identify gaps and areas for improvement that need to be addressed as a priority
Get a better understanding of how important initiatives (e.g. your corporate strategy or compensation policy) can influence the employee experience in your company, and how this insight can drive improvements in this area.
Designs for today´s needs
Every year we review the way we define the most important benchmarks to be innovative and keep up with the times.
Data confidentiality is key in the world of HR. We keep confidential data secure to help you comply with applicable personal data protection laws and regulations.
HR Benchmarking Results 2024
Effective team management: managing large teams
Managers in the automotive and manufacturing industries lead teams of up to 22 people. This requires a high level of organisation and management skills. Larger teams present both a challenge and an opportunity to improve management and effectiveness in the workplace.
Staff turnover: a challenge for the automotive sector
The automotive industry faces the highest staff turnover (16.14%). This results in higher recruitment and training costs and emphasizes the need to retain key talent. On the other hand, the energy sector has the lowest staff turnover (2.33%), which indicates a more stable work environment.
Benefit expenditures: investment in employee satisfaction
On average, companies spend €983 on benefits per employee, including healthcare, recreation, and flexible benefits. These investments increase employee satisfaction and retention, especially in competitive sectors, where benefits can be the decisive factor for retaining key talent.
The final report from the HR Controlling study contains a complete analysis of more than 80 key HR indictors (KPIs) and an overview of all indicators, including the methodology of their calculation.
An interactive benchmark to the market via a web application. The interface offers a tabular and graphical presentation and structured data export.
An analysis of company results via an interactive PowerBI tool. Identification of strengths and the potential for improvements based on relevant indicators in 8 areas.
Examples of HR Benchmarking Dashboard
Leading HR Organisation
In 2012, we launched the Leading HR Organisation competition in Slovakia, where we identify the company with the most efficient HR management. The award recognizes companies that manage their human capital and HR processes in the most efficient way.
All companies that have participated in the HR Benchmarking Study are included in the competition.
More information is available on the Leading HR Organisation website.
