HR KPI
THE KPIs of Strategic HR:
*Recruitment KPIs*
1. *Time-to-hire*: The average time it takes to fill an open position.
2. *Cost-per-hire*: The total cost of recruiting and hiring a new employee.
3. *Quality of hire*: The percentage of new hires who meet or exceed performance expectations.
*Employee Engagement KPIs*
1. *Employee satisfaction*: The percentage of employees who are satisfied with their job and work environment.
2. *Employee retention*: The percentage of employees who remain with the company over a certain period.
3. *Employee Net Promoter Score (eNPS)*: A measure of employee loyalty and satisfaction.
*Training and Development KPIs*
1. *Training participation*: The percentage of employees who participate in training programs.
2. *Training effectiveness*: The impact of training programs on employee performance and business outcomes.
3. *Development opportunities*: The number of development opportunities provided to employees.
*Performance Management KPIs*
1. *Performance ratings*: The distribution of performance ratings across the organization.
2. *Goal achievement*: The percentage of employees who meet or exceed their performance goals.
3. *Feedback and coaching*: The frequency and quality of feedback and coaching provided to employees.
*Diversity, Equity, and Inclusion (DEI) KPIs*
1. *Diversity metrics*: The percentage of underrepresented groups in the workforce.
2. *Inclusion metrics*: The percentage of employees who feel included and valued in the workplace.
3. *Equity metrics*: The fairness and equity of HR policies and practices.
*HR Operations KPIs*
1. *HR-to-employee ratio*: The number of HR staff per employee.
2. *HR process efficiency*: The time and cost associated with HR processes, such as benefits administration and payroll processing.
3. *Employee data management*: The accuracy and completeness of employee data