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11 Important Employee Relations Metrics To Track

AIHR

Employee relations metrics measure employee engagement, satisfaction, and retention, as well as overall workplace culture. According to an HR Acuity report , tracking employee relations metrics has multiple business benefits. What are employee relations metrics? Contents What is employee relations?

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The Optimal HR to Employee Ratio

AIHR

Let’s start by exploring what the HR to employee ratio (also known as HR to staff ratio or HR staffing ratio ) is. This metric provides a ratio that is indicative of the efficiency of HR. A highly operational HR function will do different work and require a larger HR workforce compared to a highly strategic HR function.

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Headcount Planning: An HR Practitioner’s Guide

AIHR

The process ensures that the organization operates with the set budget to hire or retain the correct number of people with the appropriate skills and competencies to achieve its goals. Create a headcount report dashboard to gain accurate information on your current headcount status and key metrics in real-time. A final word.

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HR Finance 101: A Guide To Finance for HR

AIHR

Labor costs like salaries, benefits, and related taxes make up as much as 70% of total operating costs of a business. Revenue is the total amount of income that a business generates from its primary operations. An expense is an operational cost that a company must pay to earn business revenue. Financial HR metrics to consider.

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What is HR Analytics? All You Need to Know to Get Started

AIHR

Importance of HR analytics HR analytics examples Key HR metrics Data analytics in HR: How to get started How to transition from descriptive to predictive and prescriptive analytics in HR HR analytics certification FAQ What is HR analytics? Contents What is HR analytics? What is HR analytics used for? We discuss more real-life examples below.

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Full Cycle Recruiting: A Guide To Hiring Top Talent

AIHR

Reduced hiring costs: Full-cycle recruiting can significantly lower administrative and operational expenses, decrease reliance on costly external agencies, and minimize productivity losses from unfilled positions. Track metrics like source of hire and sourcing channel effectiveness.

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A Guide To The 4 Types of HR Analytics

AIHR

Efficiency metrics that HR has traditionally tracked fall under the descriptive analytics category. Predictive analytics advantages Predictive analytics disadvantages – It can reduce human error, help you avoid risks, improve operational efficiencies, and refine the forecasting for your organization.

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