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HR Metrics & Analytics, Calculate different functions of HRM
An excellent training about Management
HR Metrics & Analytics in HRM
This course is specifically designed for MBA Graduates or pursing HRM as specialization as well as HR Professionals. In this course you will learn different HR Functions and how to quantify them for effective decision making for your organization. You will have a better understanding better control, and better hold of this function, So we can contribute in the large manner to the overall business objective. All in all to align our HR objective to put it toward the overall business goal, one must have to fine tune this HR function, so that we can able to quantify them. Learning outcomes: Learn what are the different HR Functions and ratios in HRM. Cost per hire & employee turnoverOverpay & AbsenteeismLength of service & Job satisfaction rateProfit per employee & Cost of HR per employeeTraining per employeePerformance, Innovation, Time to hireOffer acceptance ratio, Ghost Rate, Fail Rate. Employee referral programOrganization environment & Its Importance. Other metricsRecruitment is a significant part of any HR function, especially in todays tight labor market. By measuring recruitment metrics, you can understand how effective your hiring strategy truly is and how you can improve it. HR Metrics are used to gauge the effectiveness of various HR responsibilities and initiatives such as hiring, employee retention, training and labor costs. Human resources departments can use these metrics to improve their efficiency and demonstrate the value of their activities to upper management.
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