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HR Metrics That Matter

Extensis

To grow, they must have a data-driven decision-making culture. But with so many HR metrics available to measure, which are the most important? From turnover rate to revenue per employee, let’s explore the 14 most critical HR metrics for today’s SMBs. To calculate this metric: . To calculate this metric: .

Metrics 96
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How to Measure HR Effectiveness: 12 Useful Metrics

Analytics in HR

We discuss HR effectiveness metrics in more detail below. Why should you measure HR effectiveness? Measuring HR effectiveness is important for several reasons. Workforce and budget planning To understand how effective HR is in your organization, you’ll have to track and analyze various metrics.

Metrics 82
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HR Data Sources for Analytics

Analytics in HR

A question we commonly hear is “what are data sources that can be used for analytics?” In this article, we will list a number of common data sources in HR and the broader business that will be helpful in your people analytics efforts. HR data sources can be categorized into three groups. Other HR data.

Analytics 107
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Data Literacy: An Essential Skill for HR Professionals

Analytics in HR

Digital transformation of business processes is generating extensive amounts of data for decision-making. If HR professionals want to stay relevant in the current and future business world, they need to be data literate. What exactly does data literacy mean in HR, why is it essential, and how can you develop your data literacy?

Data 59
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What the path from tech to talent taught this UScellular CHRO

HRExecutive

HRE: In what ways are you leveraging your extensive engineering and IT experience to improve the people function at UScellular? Lowell: My challenge isn’t to “improve the people function.” The value of measuring —understanding and quantifying the value of the work we do is invaluable for both HR teams and business partners.

CHRO 84
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Talent Management: 10 Tips for a Successful Strategy

Analytics in HR

Talent management encompasses all HR processes to attract, develop, motivate, and retain high-performing employees. Let’s break this definition down: HR processes: Talent management is about a set of HR processes that integrate with each other. It goes beyond individual HR functions.

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What is HRIS (Human Resource Information System)? Know Its Benefits And Functions

Vantage Circle

An HRIS or Human Resource Information System provides a shared repository of employee data and statistics that help HRM (human resource management) carry out HR formalities. We can consider HRIS as an employee self-service tool to track time and attendance and store necessary data. Benefits of HRIS. HRIS Security and Privacy.