HR Metrics & Analytics in HRM

HR Metrics & Analytics in HRM

This course is specifically designed for MBA Graduates or pursing HRM as specialization as well as HR Professionals. In this course you will learn different HR Functions and how to quantify them for effective decision making for your organization. You will have a better understanding better control, and better hold of this function, So we can contribute in the large manner to the overall business objective. All in all to align our HR objective to put it toward the overall business goal, one must have to fine tune this HR function, so that we can able to quantify them.

Learning outcomes:

• Learn what are the different HR Functions and ratios in HRM.

• Cost per hire & employee turnover

• Overpay & Absenteeism

• Length of service & Job satisfaction rate

• Profit per employee & Cost of HR per employee

• Training per employee

• Performance, Innovation, Time to hire

• Offer acceptance ratio, Ghost Rate, Fail Rate.

• Employee referral program

• Organization environment & Its Importance.

• Other metrics

Recruitment is a significant part of any HR function, especially in today’s tight labor market. By measuring recruitment metrics, you can understand how effective your hiring strategy truly is and how you can improve it.

HR Metrics are used to gauge the effectiveness of various HR responsibilities and initiatives such as hiring, employee retention, training and labor costs. Human resources departments can use these metrics to improve their efficiency and demonstrate the value of their activities to upper management.

HR Metrics & Analytics, Calculate different functions of HRM

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What you will learn

• HR functions
• Different HR ratios & calculations
• Cost per hire

Rating: 3.8

Level: Intermediate Level

Duration: 1 hour

Instructor: Edcorner Learning