Eletive has excellent options for benchmarking capabilities. The benchmarks can be seen in the reports and are updated once a week.
Configuration
Eletive has an extensive database containing different industries and users for organizations around the world which results in a great benchmark. By default, the none industry-specific Eletive benchmark is used for the entire organization. This benchmark contains data from all our users across different industries.
To change what benchmark is used, perform the following:
- Navigate to Settings and Benchmark
- Pick a benchmark you want to use for the organization report, the individual reports, and the segment reports (these do not have to be the same). There is a section for each organization/report level in the settings view
- The following benchmarks that could be used are:
- All companies using Eletive
- Industry: Pick a specific industry to benchmark against
- Organization: Benchmark internally against the organization's own result
- The organization benchmark is calculated by averaging all data for the organization since starting with Eletive.
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- Standard attribute: Select to benchmark with one of our standard attributes such as Sex, Collar Type, Company Size etc. These benchmarks are particularly useful to apply as Segment-specific benchmarks.
- Select one of the standard attributes
- Select which target (segment) you want to benchmark with
- Standard attribute: Select to benchmark with one of our standard attributes such as Sex, Collar Type, Company Size etc. These benchmarks are particularly useful to apply as Segment-specific benchmarks.
Note: If noticing that the Organization benchmark differs from the result in the Organization report these are potential explanations as to why:
- The internal benchmark value is an average over time, meaning that it's not supposed to reflect the most recent result shown in the Organization report.
- Some schedules may be excluded from being shown in the Organization report.
- The benchmark calculations happen once a week and might not have been updated yet.
Segment-specific benchmarks
If you want a specific segment to have a different benchmark than what you have selected as your segment standard benchmark, you can select a segment-specific benchmark. To select a segment-specific benchmark, follow the steps outlined below:
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- Navigate to Settings and Benchmark
- Scroll down to Segment-specific benchmark
- Select the segment(s) that should have a different benchmark.
- Select what benchmark you wish segment to benchmark against, you can read about the different benchmarks above
- If you have chosen Industry, Segment or Standard attribute to benchmark against, please select which target within the attribute you want to use
Note: If using segments as benchmark type for specific segments, they are also calculated by averaging all data for that segment since starting with Eletive.