Sample Hr Metrics

Human resources hr metrics are a way to measure how human resource activities contribute to your business performance. 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. Hr cost per employee how much is the company spending on hr.

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70 Hr Metrics With Examples Build Your Own Hr Dashboard

Hr Metrics Dashboard Template Metrics Dashboard Dashboard

Human resources hr manages people including hiring on boarding performance firing off boarding benefits development and compensation.

Sample hr metrics. Hr cost vs revenue hr cost was 0 54 of revenue. Executive oversight of hr is key to cost management productivity business development and competitiveness. Strategic hr metrics examples. Hr metrics are used to gauge the effectiveness of various hr responsibilities and initiatives such as hiring employee retention training and labor costs.

The metrics you choose should be closely aligned with your industry business and strategy. In this blog we will provide some of the most valuable hr metrics examples. The following 70 hr metrics are illustrative. However not all hr metrics are created equal.

Revenue per employee total revenue total number of employees. Human resources departments can use these metrics to improve their efficiency and demonstrate the value of their activities to upper management. Even though this list provides some essential hr metrics. Monthly turnover rate number of separations during month average number of employees during month x 100.

Hr cost per employee was 590. Regular reporting of hr metrics is a good tool for managing any human resources department. Hr metrics are indicators that enable hr to track and measure performance on different aspects and ultimately predict the future.