Looking to measure and track the effeciveness of your HR department, but not sure where to begin?
The Where Great Workplaces Start blog has a helpful post featuring 20 Common HR Metrics & Their Formulas to get you started.
Check out the excerpt of five common HR metrics below, then click through to their site to see the rest, along with some tips to consider in choosing the best ones for your organization and purpose.
Hat tip to Jon Hyman.
I have a question regarding HR benchmarking. When does HR metrics (data)become part of strategic planning? For example, we can measure turnover, time to fill, etc. but when you don't have control over these metrics it just becomes data. If I can clarify, in an organization of 2,000 employees there are many hiring managers, some good, some not so good. Some insist on seeing all applications and refuse HR recruiters to filter out apps. Hense time to fill becomes just an exercise in data reporting Is this just an organization's culture issue? I work with a public entity.
Posted by: OT | October 29, 2010 at 07:37 AM
OT:
If you click through to the Where Great Workplaces Start post, you'll see that they offer some guidelines for a metrics strategy. Good luck!
Posted by: Ann Bares | November 03, 2010 at 10:30 PM