HR Metric Definition Standards

Employee performance metrics indiate how well employees perform. This post lists 21 important metrics (e.g. Number of errors, NPS, Revenue per employee).

This post provides a list of 11 key HR metrics for HR analytics (e.g. voluntary turnover, training efficiency & absence rate) and their application in HR.

This post provides a list of 14 HR Metrics examples for HR analytics (e.g. revenu per employee, cost & time per hire, turnover) and their application in HR.

Employee lifetime value concepts, metrics and application

HR analytics creates competitive advantage by generating actionable business intelligence on the “people side” of your business.
Not sure where to begin? Here are a few ideas to get you started...

The top 25 most important HC questions to discern the key workforce metrics required to gain the insights necessary to make strategic workforce decisions.

The 2015 PLSA discussion paper ‘Where is the workforce in corporate reporting?’ outlined the importance of a company’s workers, and how they are recruited, retained, developed and inspired, to its ongoing success. Therefore, information about the workforces they are invested
in is critical to PLSA members as investors. However, most annual reports currently fail to fully relate the
role played by a company’s workers in achieving past or future performance. In order to address this, we have produced a toolkit for our members, outlining the type of workforce-related information they should look for from investee companies, and how to access it.

Who is this tool for?
• HR and learning and development professionals who want to ensure that measurement of HR is aligned with organisational priorities
• managers who want to use metrics and measures to maximise return on the skills and abilities of their people
• HR consultants working with client organisations to develop measures of HR effectiveness and impact.