HR Metrics Business Owners Should Know-------------------- Management Consulting Service in Cambodia
- Mithona Chuop
- Jul 14, 2023
- 2 min read
1. Employee Turnover Rate: This metric measures the percentage of employees who leave the company within a given time period. It helps business owners understand the effectiveness of their recruitment and retention strategies.
2. Time to Hire: This metric measures the time it takes to fill a vacant position. It helps business owners understand the efficiency of their recruitment process and identify areas for improvement.
3. Employee Engagement: This metric measures the level of employee satisfaction and commitment to the company. It helps business owners understand the overall health of their workforce and identify areas for improvement.
4. Absenteeism Rate: This metric measures the percentage of employees who are absent from work on a given day. It helps business owners understand the impact of absenteeism on productivity and identify potential issues with employee morale or work conditions.
5. Training and Development: This metric measures the amount of training and development opportunities provided to employees. It helps business owners understand the level of investment in employee growth and development.
6. Cost per Hire: This metric measures the total cost of recruiting and hiring a new employee. It helps business owners understand the financial impact of their recruitment process and identify areas for cost savings.
7. Revenue per Employee: This metric measures the amount of revenue generated per employee. It helps business owners understand the productivity and efficiency of their workforce and identify areas for improvement.
8. Diversity and Inclusion: This metric measures the level of diversity and inclusion within the workforce. It helps business owners understand the effectiveness of their diversity and inclusion initiatives and identify areas for improvement.
*Management Consulting Service in Cambodia
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