I LOVE your video series so much! It’s helping me immensely as I try to build structure into a 10-year-old business that had almost no foundation. I’m not an accountant and I hate numbers, but I’m trying. Thank you for the help!!
This video was SOOOO informative !!! The explanations are easy to understand with simple terms & I love the editing strategies as well to keep us engaged, this video was far from boring and easy to follow with the points being displayed on screen! Great video
Core Types of KPI Mentioned: 1. Customer Acquisition a) Customer lifetime value b) Return on AD spent c) Website / store traffic d) Conversion rate 2. Liquidity a) Cash Flow b) Burn Rate 3. Profitability
Hey this video was very helpful Can you do a video on how to hire employees the process or the steps like step 1post job step 2 get credentials step 3 schedule interview step 4 interview the candidate step 5 run background check and drug test step 6 orientation step 7 on job training before leaving them alone step 8 set up in company software and payroll systems step 9 follow up KPIs on how candidates are doing example?
Kim Maksim: Everyone asks: what are Key performance indicators KPI? Key performance indicators are divided into three types. Personal, process and corporate. The first is personal Key performance indicators. These include the personal characteristics of a person,which are determined by the formula:the ratio of the result of labor to the predicted losses that a person can make. Efficiency is = to Result / by Losses That is, in simple terms, each person has his own characteristics. Like a normal computer Before concluding an employment contract with a person each employer determines this most personal Key performance indicators If he needs just such a person with his characteristics then he concludes an employment contract with him. The key performance indicators of each person are constantly changing depending on the characteristics of the person. Competence, physical condition, motivation, technical support. How are personal Key performance indicators used in remuneration? In remuneration, Key performance indicators are applied using the formula the ratio of the result of labor to predicted losses Efficiency is = to Labor Result / by Losses For example: wages are divided into two parts, variable and fixed The constant part is unchanged The variable is adjusted using Key performance indicators. If an employee achieves a predicted loss of fifty percent, then his Key performance indicators will be equal to one. That is, he will receive the variable part of his salary in the amount of one constant part. 50 %/ 50 %= 1 If an employee achieves a predicted loss of forty percent then his Key performance indicators will be equal to one point five tenths. That is, he will receive the variable part of the salary in the amount of one point five tenths of the fixed part. 60 % / 40 %= 1,5 If an employee achieves a predicted loss of thirty percent then his Key performance indicators will be equal to two point three tenths That is, he will receive the variable part of the salary in the amount of two point three tenths of the fixed part. 70 % / 30 %= 2,3 If an employee achieves a predicted loss of twenty percent, then his Key performance indicators will be equal to four That is, he will receive the variable part of his salary in the amount of four fixed parts 80 % / 20 %= 4 If an employee achieves a predicted loss of ten percent then his Key performance indicators will be nine. That is, he will receive the variable part of his salary in the amount of nine fixed parts. 90 % / 10 %= 9 The possibilities of Key performance indicators as well as the possibilities of a person, are not limited How to determine the predicted losses and the result of labor? Using specially created methodology and computer program Key performance indicators. Tutorial via link on RUclips channel. youtube.com/@maksimkim202
I'm here everyday. There is NOOOOO way that I won't be successful. Thank you all again for this information!! And yes, I am telling everyone that I know about all the wonderful information you have to offer!!
Thank you for this. I watched a few of the videos you uploaded to RUclips, saved in a folder and will be watching more. I've been doing good so far but I want to learn and grow more as well. Might have to pick your brain in the near future.
I LOVE your video series so much! It’s helping me immensely as I try to build structure into a 10-year-old business that had almost no foundation. I’m not an accountant and I hate numbers, but I’m trying. Thank you for the help!!
Love this. It's never too late!
Love it! The more data you have, the better your chances are for improvement.
Absolutely!
Advice on a scale of 10 Sherm
..Bravo
This video was SOOOO informative !!! The explanations are easy to understand with simple terms & I love the editing strategies as well to keep us engaged, this video was far from boring and easy to follow with the points being displayed on screen! Great video
So glad! Thanks for your feedback!
Completely agree with you! Great video.
Best business management/KPI introduction and explanation I've seen/heard... ever! I think.
NIce one guys :)
Core Types of KPI Mentioned:
1. Customer Acquisition
a) Customer lifetime value
b) Return on AD spent
c) Website / store traffic
d) Conversion rate
2. Liquidity
a) Cash Flow
b) Burn Rate
3. Profitability
The most common KPI section was super enlightening.
That's right!
This is super thank you so much :)
Great video brother
Hey this video was very helpful
Can you do a video on how to hire employees the process or the steps like step 1post job step 2 get credentials step 3 schedule interview step 4 interview the candidate step 5 run background check and drug test step 6 orientation step 7 on job training before leaving them alone step 8 set up in company software and payroll systems step 9 follow up KPIs on how candidates are doing example?
No kpis mentioned😢 too much talk no actual info.. that's qualitative analysis not kpis my friend sorry
Would cost per employee be a good ome? How would one measure this in relation to revenue and (net)inkomen?
Man I really need these people to handle my stuff
What do you need help with?
Much needed. Thank you for doing this. Very simple and easy to understand and start implementing.
Glad it was helpful!
Dope channel very helpful keep it up
Thank you.
Wow great content. Now I understand KPIs :)
Glad it helped!
Kim Maksim:
Everyone asks: what are Key performance indicators KPI?
Key performance indicators are divided into three types. Personal, process and corporate.
The first is personal Key performance indicators.
These include the personal characteristics of a person,which are determined by the formula:the ratio of the result of labor to the predicted losses that a person can make.
Efficiency is = to Result / by Losses
That is, in simple terms, each person has his own characteristics.
Like a normal computer
Before concluding an employment contract with a person each employer determines this most personal Key performance indicators If he needs just such a person with his characteristics then he concludes an employment contract with him.
The key performance indicators of each person are constantly changing depending on the characteristics of the person.
Competence, physical condition, motivation, technical support.
How are personal Key performance indicators used in remuneration?
In remuneration, Key performance indicators are applied using the formula
the ratio of the result of labor to predicted losses
Efficiency is = to Labor Result / by Losses
For example: wages are divided into two parts, variable and fixed
The constant part is unchanged
The variable is adjusted using Key performance indicators.
If an employee achieves a predicted loss of fifty percent, then his Key performance indicators will be equal to one.
That is, he will receive the variable part of his salary in the amount of one constant part.
50 %/ 50 %= 1
If an employee achieves a predicted loss of forty percent then his Key performance indicators will be equal to one point five tenths. That is, he will receive the variable part of the salary in the amount of one point five tenths of the fixed part.
60 % / 40 %= 1,5
If an employee achieves a predicted loss of thirty percent then his Key performance indicators will be equal to two point three tenths That is, he will receive the variable part of the salary in the amount of two point three tenths of the fixed part.
70 % / 30 %= 2,3
If an employee achieves a predicted loss of twenty percent, then his Key performance indicators will be equal to four
That is, he will receive the variable part of his salary in the amount of four fixed parts
80 % / 20 %= 4
If an employee achieves a predicted loss of ten percent then his Key performance indicators will be nine.
That is, he will receive the variable part of his salary in the amount of nine fixed parts.
90 % / 10 %= 9
The possibilities of Key performance indicators as well as the possibilities of a person, are not limited How to determine the predicted losses and the result of labor?
Using specially created methodology and computer program Key performance indicators.
Tutorial via link on RUclips channel.
youtube.com/@maksimkim202
Man, your video was just what I need for my project.
Liked and subscribed.
Thank you!
Literally I just did the same
We can't thank you enough for the info in this video- game changer!
You're very welcome, Shavonn!
This video was so informative and helpful! Great explanations that were detailed yet very easy to understand. I'll be applying what I learned asap!!!
Glad it helped. Good luck!
Excellent information, especially since I am a first time ( Start-Up ) business owner
Brilliant information given me confidence to pursue my business
I'm here everyday. There is NOOOOO way that I won't be successful. Thank you all again for this information!! And yes, I am telling everyone that I know about all the wonderful information you have to offer!!
Thank you so much for saying that. We’re rooting for you, do big things!!
@@LYFEAccounting I will definitely keep you all posted as I begin this journey!!
Thank you for this. I watched a few of the videos you uploaded to RUclips, saved in a folder and will be watching more. I've been doing good so far but I want to learn and grow more as well. Might have to pick your brain in the near future.
Thank you for this class so rewaeding and explanatory.
The best video I found about KPI’s for beginners
GREAT video, thank you sir!
Excellent!
I LOVE IT HERE. THANK YOU SO MUCH
You're welcome 😊
Thank you, this is very helpful
Thank You so much that was so helpful.
Great video! So informative!!
You put it plainly in a way I can understand. Thank you!
My pleasure. Thanks for supporting the channel.
Very good
Thank you!
Thanks for watching.