What are key human resources metrics

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What are key Human Resources Metrics and how are they used? Key Human Resources Metrics are standards of measurement by which human resources performance is assessed. Measuring human resource adds value by clarifying the information required to make good decisions about talent. Key HR Metrics report current, ongoing and year-over-year numbers for common areas of human resources such as employee turnover, employee engagement and performance, and many organizations base incentives on management’s performance to human resources metrics. Human resources metrics that are aligned with corporate and business strategy add value and drive organizational effectiveness. Human resources metrics can help uncover strengths and weaknesses of a company and allow to understand which areas is needed to focus on improving and which ones are necessary to capitalize on. Human Resources metrics are invaluable for assessing business and devising strategies reporting current, ongoing and yearly numbers for areas of HR including employee turnover, employee commitment, performance, and numerous organizations base incentives on management’s performance to HR metrics. HR metrics that are aligned with corporations and business strategy add value and drive organizational effectiveness.

Reference no: EM131039473

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