UNDERSTANDING HR METRICS

The key to good decision making is having the right information and here lies the power of HR Metrics and Workforce Analytics. HR metrics quantify the cost and the impact of employee programs and HR processes and measure the success (or failure) of HR initiatives. They enable a company to track year-to year-trends and changes in these critical variables. The purpose for conducting HR Metrics and Analytics in organizations is to provide useful information on the effectiveness of human resources which can then be used to inform policy positions, benefit packages and staffing levels.

This full day program is designed to expose individuals to the power of HR Metrics. Fundamental data analytic techniques, data interpretation and the basics of reporting data to decision makers will be covered as participants explore metrics in the areas of attendance, staffing and efficiency.

Participants Will Learn:

• Introduction to HR Metrics and Workforce Analytics

• HR Metrics—common metrics for evaluating the effectiveness of human capital in organizations

• Workforce Analytics—putting HR metrics and data analysis to work.

• Reporting Keys—data reporting techniques to get the intended messages to decision makers when they need them in ways they will understand.

Training Methods:

• Interactive Discussions

• Group Exercises

• PowerPoint Presentations

Who Should Attend:

• Human Resource Professionals

• Finance Professionals

• Heads of Departments

• Administrative Professionals

• Business Owners

• Persons who have primary responsibility for the development and use of HR metrics