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Summary.
Is your organization a true meritocracy? This is an ideal most leaders aspire to but few have the data to back those assertions up. To assess progress, you should track seven key metrics that span the entire employee life cycle: attrition, performance, promotions, leadership pipeline, employment pipeline, pay equity, inclusion.Most leaders agree in theory that people should be given opportunities for development and promotion based on merit. But how can any organization ensure that’s actually happening in practice? Employing the right metrics to benchmark and track are key to achieving a merit-based culture.