New smartkpis.com report: Top 25 Compensation and Benefits KPIs of 2011-2012

Top 25 Compensation and Benefits KPIs of 2011- 2012

December 17, 2012, Melbourne, Australia – The KPI Institute, the global authority on Key Performance Indicators (KPIs) research and education announces the launch of the 2011-2012 edition of its popular Top 25 series of reports. The series is based on research conducted through www.smartKPIs.com, which contains over 20,000 Key Performance Indicator examples, making it the world’s largest source of thoroughly documented KPIs.

HR departments and KPIs have a special relationship, as measurement is an integral part of performance evaluations at both individual and organizational level. KPIs are defined by The KPI Institute as measurable expressions for the achievement of a desired level of results in an area relevant to the evaluated entity’s activity. smartKPIs.com contains over 475 HR KPI examples, making it one of the most thoroughly researched functional areas.

The “Top 25 Compensation and Benefits KPIs of 2011-2012” report provides insights in the state of Compensation and Benefits performance measurement today by listing and analysing the most visited KPIs on smartKPIs.com in 2011-2012. In addition to KPI names, the report contains a detailed description of each KPI, as documented in smartKPIs Premium. Compensation and Benefits KPIs are reflective of HR functions and are grouped into the following clusters such as Fringe Benefits, General Compensation and Other C&B Expenses. Fringe Benefits was the most popular category, which could be related to the increasing importance given to benefits such as medical plans and wellness plans at an international level. While dominated by Fringe Benefits KPIs with 7 KPI examples in the Top 25, the most popular KPIs come from categories such as Fringe Benefits, General Compensation and Other C& B Expenses:

# Fringe benefits to basic salary ratio
% Expense of temporary staffing to labor cost
% Compensation packages with pay-for-performance arrangements
$ Bonus payout
% Salary increase occurrence

By discussing the use of KPIs today, presenting the best practice in documenting them and listing the most popular KPIs of 2011-2012, the Top 25 Compensation and Benefits KPIs of 2011-2012 report is a valuable resource in promoting the informed use of KPIs or refreshing the existing performance measurement and management practice in any organization.

According to Aurel Brudan, The KPI Institute’s CEO “The Top 25 Compensation and Benefits KPIs of 2011-2012 report is a synthesis of what smartKPIs.com is all about: it provides an overview of how HR KPIs are used in practice today, by combining input from the online community with analysis and insights from our research team.”

About smartKPIs.com

http://www.smartkpis.com is the leading online platform for performance management knowledge integration, hosting the largest database of thoroughly documented KPI examples available on the web today. It offers high quality resources and collaboration functionality for the community of members, assisting them in making smart decisions regarding their performance management initiatives. Registration is free and enables research, learning and interaction as part of a growing community of members from over 190 countries and territories.

About The KPI Institute

The KPI Institute is a research, publishing and educational provider specialised in developing better practice in the use of KPIs. It developed the KPI Management Framework and runs five main research programs, dedicated to performance management, the Balanced Scorecard, KPIs, analytics and organisational strategy. Over the last 8 years, The Institute assisted over 5,000 organizations in finding solutions to their KPI needs.