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The Compehensive Dictionary of HR Terms To Know [In 2024]

Analytics in HR

HR term example: “Broadbanding offers flexibility in employee compensation and encourages people to develop new skills to move higher within the pay range.” Compa ratio Compa ratio , also known as a comparative ratio, is a metric that compares an individual’s or group’s salary to the midpoint of a defined salary range.

COMPAS 78
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What’s Your Most Useful Metric? More Results of Our HR Metrics Survey

HR Daily Advisor

of respondents keep metrics relating to compensation, with large percentages of them tracking compensation by internal and external pay equity as well as pay vs. midpoints (or compa-ratio). Percentage of benefit cost borne by employee. Seasonal employee return rate by department.”. Total training hours per employee.”. “I

Metrics 40
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The 100 HR Indicators Every Manager Needs to Know

EmployeeConnect

Recruitment #5. Engagement #12. HR #1 – Demographic Indicators Number of employees Median age Median length of employment Median salary Gender diversity (i.e. # 4 – Recruitment Indicators Average cost per hire: measures the average amount spent to recruit a new employee. Demographic #2.

COMPAS 100