Calculating cost-per-hire can be a daunting and time-consuming task. Once calculated, this HR metric will provide the knowledge to make the right workforce strategy decisions.
Fostering a culture to support and promote employee engagement has lasting effects on the organization’s success. HR metrics can support employee engagement and increase productivity and efficiency.
It’s important for organizations to understand the difference between data, metrics, and analytics and how all three work together to inform business strategies and decisions.
Talking about turnover can be negative and reactive. Focusing on retention can be a more proactive and positive approach. Learn how HR Metrics can help with employee retention.