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HR, or Human Resources, is the department that manages the people aspect of a business. This department or team handles hiring, employee retention, building culture, and other essential processes in an organization to ensure that employees are engaged, productive, and focused on their high-priority goals.
There are so many processes that an HR department needs to keep track of in order to ensure that all members of the organization are engaged and performing to the best of their ability. In order to properly keep track of these things, there are KPIs.
What are some important HR KPIs?
Some important HR KPIs that you can track to monitor human resource process success and efficiency include performance of new hires, salary competitiveness ratio, employee turnover rate, attrition rate, and absenteeism rate.
Since every organization is different, and may want to focus on different processes or areas of improvement, we’ve collected a catalogue of Human Resources KPIs below:
OKRs are the most prominent task and performance management tool that allows organizations to manage the overall performance of the…
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Human Resource (HR) is a critical business function that recruits and nurtures the most precious resource for the organization –…
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There are many ways you can determine an employee’s satisfaction with their job. You might ask them to rate their…
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“What kind of benefits does your company offer?” This might very well be the first question a potential employee asks.…
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The discussion regarding the most important metrics in human resources is open to debate. However, most people agree on the…
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Cost per hire refers to the amount of money your company spends to hire recruiting talent. The total cost spent…
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While most organizations tend to overlook and underrate HR metrics, their efficiency in assessing the policies, employees and other important…
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HR metrics are generally overlooked by most organizations but underrating them might not be the best idea – particularly if…
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When you own a company, you know that the employees are going to be different from each other. They are…
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