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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:
The Diversity Rate metric is important for a company because of several reasons. Probably the most important one is the…
Bastin Gerald
A common mistake that companies make when onboarding new employees is conducting inadequate training sessions. At times, an employee might…
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There’s a rule of thumb that applies to all companies in the world: the employees are divided into productive and…
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It should come as no surprise that if they are unhappy, employees will leave the company that they work for.…
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The First Year Voluntary Termination Rate is yet another Human Resources metric – of course, it’s also one that’s very…
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It goes without saying that most employers try to offer their employees the best healthcare plans. However, health care plans…
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As CEO or part of the management’s team of a certain company, you will rarely look into how the hiring…
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The termination rate of a company is the percentage of people that decide (or are forced) to leave the company…
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Each entrepreneur is concerned about the prosperity of their business. And a business’ prosperity is naturally linked with the productivity…
Bastin Gerald