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HR Professionals
How to measure HR performance in corporates?
Tags :
HR Measurements and Metrics, HR Measurements and Metrics 2009, HR trends 2009, HR Metrics, Measurements of Hr metrics
Industry :
Human Resources (HR) Consulting
Functional Area : Business Processes, Organizational Development, Performance Management, Strategy Execution |
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About "How to measure HR performance in corporates?" topic:
In this topic lets understand the relevant HR measurements and metrics involved to effectively manage and measure your human capital ability that would enable you to design the appropriate human capital strategies for your business. The most widely used HR metrics are typically concerned with employee attitudes, employee turnover, employee skill levels and training and development. So lets discuss about the metrics used in HR and the steps to measure it.
3 insight
, 6 idea contests
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on topic: "How to measure HR performance in corporates?"
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Motivation, enhancing the knowledge of employee, fair rewards and remuneration, descipline, Team building
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Employee development, Employee turnover, Operational efficiency ...
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Banwarilal Gadodia
| Added idea
"Motivation, enhancing the knowledge of employee, fair rewards and remuneration, descipline, Team building"
| 2 years ago
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It is very important first, that the employee should feel motivated all the time in the org. There are three types of employees. 1.Self motivated. 2.Those who can be easily motivated. 3. Those who are very difficult to motivate. All these...
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Ravi A
| Added idea
"Employee development, Employee turnover, Operational efficiency ..."
| 2 years ago
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Howdy. Am not sure if revenue growth would appear on an organization's HR scorecard unless there are a HR services related company such as yourselves. Some of metrics that in my mind can appear on an HR scorecard would be 1) Employee development...
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Ideate: "What are the critical parameters that should be considered in a HR scorecard?" deleted from your view.
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HR metric scorecard
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Retention metric
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Ameet Ranjan
| Supported idea
"HR metric scorecard"
| 2 years ago
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I completely agree with Diya, that there is no such qualitative quantitativecalculate monitor the performance of HR poeople. But as suggested by Dia we can go HR score card another options are HR audit. As we should compare the audit data with...
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kshantaram
| Added idea
"strategic organisation values and culture"
| 2 years ago
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talent acqusition and retention as well as employee morale and productivity are related to organisation values and culture making it a preferred or brand employer - hence hr's role in promoting organisation values and culture and retaining and...
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Ideate: "How to measure HR performance in corporates?" deleted from your view.
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(rate this)
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Monitor Performance
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Self Evaluation
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Amit Kumar
| Added idea
"Measure Product first"
| 2 years ago
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Every outcome in an organisation is the manifestation of the efforts put by a team or teams so it nearly impossible to accrue the output to an individual.So a better method would be to rationalize the effort and in turn the product.Let there be a...
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SAURABH THAKUR
| Supported idea
"Self Evaluation"
| 2 years ago
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Very true sir....for me periodic self evaluation..is the best means to judge the growth of the employees ..........There's no better judge of your performance other than you........if implemented with complete loyality towards your future.
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Sneha Sahal
| Supported idea
"Monitor Performance"
| 2 years ago
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Yes, monitoring performance is an effective way of improving productivity. In fact, i am reminded of a movie right now, Titled "Employee of the month" where the employee is rated according to his/her punctuality, performance, revenue or profits...
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Ideate: "How to measure employee productivity?" deleted from your view.
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Business took a page from the manufacturing book with an adage from Edward Deming, “you can’t manage what you don’t measure”. Unfortunately, the quality guru never said it - because many important parts of your business can’t be gauged well. This applies most to employees. Humans are much trickier to measure than rubber boots for submarine telecommunication cables. People game the metrics to look good. Look at software. Programming managers like to measure software bug counts and lines of code. Coders naturally respond to bug counts by arguing with the testers about bugs instead of fixing them - or even avoid the bug tracking system. If you measure lines of code written, developers will ten...
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Raja.S
| Commented
| 3 years ago
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// Manage subjectively: Throw out the worst metrics and replace them with good judgment. // Do you think our judgments will always be good..? I am not sure.
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Insight: "Employee Metrics " deleted from your view.
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The most widely used HR metrics are typically concerned with employee attitudes, employee turnover, employee skill levels, as well as outsourcing costs, service center operations, the number HR transactions processed, staffing process, training programs utilization and effectiveness, and promotions. These measurements are employed by 25 to 75% of all business organizations. “ Employee turnover ” metric generally include such indicators, as Cost per Hire (calculation of advertising, agency fees, employee referrals, relocation, recruiter pay and benefits costs and the number of hires), Turnover Cost (calculation of termination, new hire, vacancy and learning curve costs), Turnover Rate (rate ...
Insight: "HR metrics" deleted from your view.
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cost-per-hire
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Kriti Das
| Added idea
"cost-per-hire"
| 2 years ago
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According to me the better way to measure recruitment performance is the cost-per-hire. You can divide the total recruiting costs by the number of filled positions. The new hire quality is yet another measurement. You can appraise employees on...
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Ideate: "How to measure recruitment?" deleted from your view.
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Employee Turnover
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KPIs for HR
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smartKPIs
| Added idea
"KPIs for HR"
| 1 year ago
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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...
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Diya Mehra
| Added idea
"Employee Turnover "
| 2 years ago
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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...
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Ideate: "What are the KPI's that HR managers should look into?" deleted from your view.
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Human resource management is a vital component of any business or organization. Generally, it involves four key elements such as Organizational management Personnel administration Manpower management and Industrial management. Usually, the HR managers run the company by measuring the activities and performance of the company’s workforce. From workforce planning to recruitment, from orientation to training, from personnel management to employees benefits and from time management to performance appraisal, they take each step for the betterment of the company. Unfortunately, recession has greatly affected the performance and productivity of human resource management all over the world. It ...
Insight: "HR Scorecard Metric IS The Way To Go During Recession !" deleted from your view.
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Manager Satisfaction
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Shashikant Rajak
| Added idea
"Manager Satisfaction"
| 2 years ago
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Many HR departments strive to assess manager satisfaction with HR. Because most HR people are great at building relationships. When managers are asked directly whether they are satisfied with HR or their HR representative, you quite often get a...
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Ideate: "What HR metrics are currently being used in large organizations ?" deleted from your view.
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I know HR metrices are important for an organization's growth. But can some one guide me, When to use HR metrics and when not to ?
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Nikhil Jain
| Answered
| 2 years ago
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Interesting Q A friend, according to me we should use HR metrics to determine the strategic key performance indicators of an organization. We can also use it to evaluate the effectiveness and impact of people investments and HR activities. Apart...
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Answer: "When to use HR metrics and when not to ?" deleted from your view.
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