Understanding the employee lifecycle is key to the success of HR and its being a strategic business partner. There are different kinds of HR metrics for every phase to assist in that process.
Time-to-productivity is a good HR metric for understanding how your new hires are performing in the workplace. It can be an indicator of how effective key programs such as retainment really are.
There are many reasons why candidates turn down job offers, especially in today’s labor market. The acceptance rate is a good HR metric to review to identify issues and offer clues for improvement.
Talent acquisition and recruitment take different paths to achieve workforce goals. It’s important to know the difference to support org strategies. Discover how HR Metrics can be used to support both paths.
The best employee referrals come from successful employee referral programs that are supported by HR metrics and HR data.
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.
Most organizations do not have celebrities working for them so these cases are not the norm, but it doesn’t mean HR professionals should ignore social media because of the potential risks involved.