HR metrics can be very valuable for strategic decision-making. 💪
In this new episode of Learning Bites, we’ll discuss the 13 HR metrics you need to know. 🎯Because while data-driven people decisions benefit everyone, you don't want to waste time gathering data that won't be useful to you.
We have divided this collection of metrics into four categories:
👉 Revenue metrics to help you manage your costs
👉 Recruitment metrics to help you find and hire the talent you need
👉 Retention metrics to keep your valuable employees on board
👉 L&D metrics to ensure that your upskilling initiatives are effective
Here are some metrics that we’ll discuss:
💰 Revenue per employees
📉 Voluntary turnover rate
💡 Training effectiveness index
0:00 Intro
0:53 - 1. Revenue per employee
1:06 - 2. Performance & potential
1:26 - 3. Engagement rating
1:42 - 4. Time to hire
1:56 - 5. Cost per hire
2:07 - 6. Early turnover
2:33 - 7. Employee happiness
2:44 - 8. Voluntary turnover rate
3:05 - 9. Talent turnover rate
3:24 - 10. Retention rate per manager
3:56 - 11. Training expenses per employee
4:13 - 12. Training effectiveness index
4:34 - 13. Training efficiency
4:47 - Outro
Watch the full episode to discover how you can use these metrics to drive fact-based decision-making in HR! 📈
Take a look at our in-depth article for more information 💻 aihr.ac/3T1yVML
Download our 51 HR Metrics Cheat Sheet here 👉 aihr.ac/3T0TZTy
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