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In a company overwhelmed by the costs of finding more employees, HR metrics can help in determining the strengths and weaknesses of an organization in hiring new employees.

These metrics will help you identify areas for improvement, which will then lead to evaluating your strategies when recruiting and maintaining the human resource.

HR metrics are powerful measurements of success in an organization. Here are the 20 most common HR metrics that you can explore for your business:

20 HR Metrics Infographic

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Out of more than 70 HR metrics, the company may focus on just the following. You can identify the metrics that are important to any organization such as salary, turnover cost, cost per hire, and workers’ compensation incident rate.

Too many measures may not help a company and could use all your budget up. The best practice is to balance these  metrics. Your company can be strategic in the selection of metrics. For instance, what is the value proposition of the company and its best driving source? Once these have been identified, the metrics can follow.

A company should remember these 3 facets when selecting HR metrics: impact of talent on customer, effectiveness, and efficiency. Employees should be aware of the company’s brand, clientele, and its business strategy. More important, employees should be engaged in the organization and deliver what is required of them.

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Sep 23 - Sep 24MS Power BIManila, Philippines
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Sep 23 - Sep 27CEH - Certified Ethical HackerManila, Philippines
Sep 24 - Sep 25CQP - Certified Quality ProfessionalManila, Philippines
Sep 26 - Sep 27Agile SCRUM PractitionerManila, Philippines
Sep 26 - Sep 27Intro to Project ManagementManila, Philippines
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Oct 9 - Oct 10HRMET - HR Metrics and Workforce AnalyticsManila, Philippines
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Nov 6 - Nov 7Big Data FoundationManila, Philippines
Nov 7 - Nov 8RE - Requirements EngineeringManila, Philippines
Nov 11 - Nov 12Certified Data Center Professional (CDCP)® TrainingManila, Philippines
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