Examples of HR KPIs may include: Number of new employees Employee turnover Employee satisfaction (based on survey results) Training efficiency and effectiveness (based on test scores) Cost per hire Number of promotions KPI template The steps toward creating KPIs for your business may feel a little...
But with tons of great HR KPIs out there, how do you know which ones you should be tracking? Don’t worry! In this article, we’ll go over everything you need to know about HR KPIs and take a look at the ten best KPIs and metrics you need to track today. We’ll also cover th...
KPIs transcend mere numbers or metrics; they serve as a means to comprehend your business’s performance, enabling procedural adjustments and the attainment of long-term goals. By identifying appropriate KPIs and measuring them, you can expedite results and gain a deeper understanding of your accompl...
Remember that every manager in your company is responsible for getting the most out of their teams; it is not just a job for HR departments. Many of you also use OKRs, similar to KPIs, and often need clarification. To learn more about the difference, you might be interested in readin...
The SMART goals framework provides clear direction for your HR initiatives and individual objectives, and helps you evaluate their progress and success. Here’s a more detailed breakdown of the SMART acronym: Specific: Narrow down the who, what, where, when, and why of what you want. ...
What is the difference between HR metrics and HR KPIs? What is an example of a soft metric in HR? Follow us on social media to stay up to date with the latest HR news and trends LinkedIn Facebook Pinterest Twitter Erik van Vulpen Erik van Vulpen is the founder and Dean of AIHR...
objective. KPIs provide targets for teams to shoot for, milestones to gauge progress, and insights that help people across the organization make better decisions. From finance and HR to marketing and sales, key performance indicators help every area of the business move forward at the strategic ...
Tracking HR KPIs enables data-driven workforce planning, talent acquisition and employee experience improvements. Finance and Administration Common financial KPIs include: Budget vs actuals by department Revenue and expenditures trends Return on assets Accounts payable/receivable cycles Grant money awarded and...
HR’s role in setting performance goals Let’s take a look at HR’s responsibilities in the context of helping employees set performance goals: Guide managers in setting clear, attainable, and relevant goals:HR assists managers by outlining what SMART goals may look like for each role. Conside...
Get inspiration and choose the most effective KPIs for your team, with examples from SaaS, Sales, Marketing, Customer Support, Ecommerce and more. Explore KPIs