Metrics and Measurement of HR
Evaluating the effectiveness of HR practices.
This topic focuses on methods for measuring and analyzing HR performance. It covers key HR metrics, data analysis techniques, and strategies for using metrics to demonstrate HR's value to the organization.
Concepts covered: Measuring absenteeism, HR scorecard, Economic value added, Balanced scorecard, Benchmarking, Forecasting, Measuring turnover, Analyzing and interpreting metrics, Calculating and interpreting yield ratios, Trend and ratio analysis projections, HR and organization level, Return on investment (ROI), Quantitative analysis, Organizational scorecard
Time: 5 minutes Questions: 5
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