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Posted in Community :

HR Professionals

 
Started by : Diya Mehra, Executive search, ABC consulting   11 12 2009 10:00:31 +0000
Industry : Human Resources (HR) ConsultingFunctional Area : Strategy Execution(Strategy & Execution)
Activity:  33 views;  last activity : 08 12 2010 02:08:07 +0000

Friends, handling the workforce is not an easy task. Human resource (HR) managers do this job with full of dedication and motivation. All they need to do is make use of KPI for getting better results. What are the KPI's that HR managers should look into?

 
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1 Employee Turnover
2 KPIs for HR
3 Recruitment

Employee Turnover

idea posted by Diya Mehra Executive search, ABC consulting

According to me the HR managers should have employee turnover as one of their KPI's. The goal for setting this KPI would be to reduce employee turnover. It could be defined numerically for better definition such as to reduce employee turnover by 5% every year. This KPI could be defined as the total of the number of employees separated from the organization for reasons of resignation or termination divided by the number of employees at the beginning of the year. It could be measured on a fixed time schedule like every month or every quarter.

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KPIs for HR

idea posted by smartKPIs Analyst, eab group

Hi Diya ,

Speaking of KPI in HR. www.smartKPIs.com may be a good resource for you. It contains a user friendly library of well-documented performance measures.  At the moment it lists over 4500 KPI examples, grouped in 73 functional areas, as well as 83 industries and sub-categories.

KPI examples for the HR are available on this page http://www.smartkpis.com/kpi/functional-areas/human-resources/   They include but not limited to:

% Performance appraisal participation rate

% Self review rate

% External hire rate

In addition to examples of performance measures, www.smartKPIs.com also contains a catalogue of performance reports that illustrate the use of KPIs in practice.

Examples of such reports for HR are available on: http://www.smartkpis.com/kpi_examples_in_practice/functional-areas/human-resources/

The website is updated daily with new content, so check it from time to time for additional content.

Please note that while examples of performance measures are useful to inform decisions, each performance measure needs to be selected and customized based on the objectives and priorities of each organisation.

Best regards,

Anita Liang

Research Analyst

www.smartKPIs.com

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Recruitment

idea posted by Kriti Das HR Manager, ANZ Information Technology

I agree with you Mrs.Diya and I think recruitment is also another vital HR aspect to be aware of. Indicators here include comparisons between the average appraisal results of newly hired employees with the previous batch of hires. Better recruitment would of course result in hires that are better appraised than previous batches, and so on. An improving quality of new hires would result in better performing employees to fill the positions in the organization.

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