Sample Hr Metrics

Regular reporting of hr metrics is a good tool for managing any human resources department.

Sample hr metrics. However not all hr metrics are created equal. Human resources departments can use these metrics to improve their efficiency and demonstrate the value of their activities to upper management. They calculate the cost and benefits of people aspects of the business such as the number of people at various stages in the hiring pipeline labor law compliance employee retention performance management worker satisfaction or completion of training programs. Monthly turnover rate number of separations during month average number of employees during month x 100.

Strategic hr metrics examples. Hr metrics are indicators that enable hr to track and measure performance on different aspects and ultimately predict the future. Human resources hr manages people including hiring on boarding performance firing off boarding benefits development and compensation. Hr metrics are used to gauge the effectiveness of various hr responsibilities and initiatives such as hiring employee retention training and labor costs.

Hr cost per employee was 590. Revenue per employee total revenue total number of employees. In this blog we will provide some of the most valuable hr metrics examples. The following 70 hr metrics are illustrative.

Even though this list provides some essential hr metrics. The metrics you choose should be closely aligned with your industry business and strategy. Hr cost vs revenue hr cost was 0 54 of revenue.