The HR Metrics You Should Be Tracking
Human Resources has been an integral part of medium to large businesses for decades, but the way HR departments approach their job has changed dramatically in recent years. The advent and implementation of new technology and the availability of in-depth data and analytics has revolutionised HR, allowing companies to utilise data-driven insights to improve their acquisition process.
While these new capabilities can undoubtedly improve the way companies hire, fire, retain and replace talent, it can be extremely difficult for HR executives to get to grips with the sheer volume of data suddenly available to them. HR departments all over the world understand the benefits of engaging with technology, data and analytics, but they’re wondering which metrics should be tracked and, crucially, what the data they’re gathering is actually telling them.
To help shine some light on this process of gathering and interpreting data, STL Training have put together a wonderful graphic examining five of the most important HR metrics you should be tracking:
