HR Glossary

What is HR Benchmarking?

The practice of comparing an organization's HR metrics, processes, and practices against those of peer organizations, industry standards, or best-in-class performers to identify gaps, set improvement targets, and validate that HR investments are producing competitive results.

Why it matters in hiring

HR Benchmarking comes up whenever teams compare candidates, set policy or report on people data. Getting the definition right keeps decisions consistent, which is the same reason springhire scores every applicant against the same criteria rather than on impression.

Related terms starting with H

• Hazard Pay
• Headhunting
• Health and Safety at Work Act
• Health Insurance
• High Performer
• HIPAA
• Hiring Freeze
• Hiring Manager

Part of the springhire HR glossary, 1,150+ HR, payroll and recruiting terms defined. Free, no signup.