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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:
You’ve probably heard a lot of people complain about their workplace. They talk about how bad it is, and how…
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The New Hire 90-Day Failure Rate is a Human Resources metric that’s used by businesses and companies in order to…
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As a company, you probably have your own employees that you can rely on a daily basis. They are your…
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Diversity and inclusion in the workspace represent a sensitive topic that every employer must know of and apply. And not…
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By now you should already be familiar with the Employee Satisfaction Survey, which should be taken once every 6 months.…
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Introduction As a company owner, understanding the number of full-time employees is crucial for several reasons. While part-time employees play…
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When it comes to HR metrics, the cost of workforce is the elephant and the room and the reason for…
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A company needs to perform well, and if you’re an owner, you know a lot about that. Not only you…
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There are several situations in which your new employees could require training. For example, after a month of them being…
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