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HR Metrics to Improve Strategic Business Objectives - Coggle Diagram
HR Metrics to Improve Strategic Business Objectives
The use of HR metrics
analyze a company’s human capital data
streamline the management of their human capital with business goals
identify strengths and weaknesses within the company
Employee satisfaction
Measure and increase
attract, retain and engage the high quality talent
employee engagement surveys
Turnover costs
The costs of recruiting external candidates, productivity losses and training new employees
Job advertising or COBRA continuation
Employee morale issues
Quality of hire
Average job performance rating of new hires
The percent of new hires reaching satisfactory productivity within a standard time frame
The retention of new hires after one year
The amount of recognition that new hires received
Turnover differences between your high and low performers
performance review ratings
determine if there are any evident patterns that should be addressed
Measuring the performance ratings of your high performing employees against the average salary for their position
Ensuring that top performing employees are paid above the average market salary
Stay competitive and retain your high performers