Get HRCI Recert Credits

• Visit http://b4j.com/hrciwebinars
& register to get PHR, SPHR & GPHR cert
credits free.
Sponsor...
Our Panelists

Jessica Miller-Merrell

Sponsored by Blogging4Jobs.com

Rebecca Perot-Tripp

#HRsolutions
The Importance of Metrics

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#HRsolutions
HR as a Business Partner

Sponsored by Blogging4Jobs.com

#HRsolutions
HR as a Business Partner
Contributes to business performance
Promotes delivery of business benefits
Maximizes employee eng...
Poll Question
• How large is your organization?

Sponsored by Blogging4Jobs.com

#HRsolutions
#1: Turnover

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#HRsolutions
Annualized Turnover

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#HRsolutions
Turnover
• Evaluated monthly
• Measuring turnover by division, team,
department
• Involuntary vs. Voluntary

Sponsored by ...
#2: Cost Per Hire

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#HRsolutions
Cost Per Hire

Read the full SHRM Benchmarking study at
http://b4j.co/CPH-2012

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#HRsolutio...
What is an Internal Cost?
• The more measure, the more accurate
CPH actually is

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#HRsoluti...
#3: Total Compensation

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#HRsolutions
Total Compensation
• Used to monitor
labor costs
• Compares fixed
vs. variable costs
• Metrics like benefit
costs can be c...
4: Training Hours Per Employee

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#HRsolutions
Training Hours Per Employee
• Further analysis of training hours by
employee level or position compared
to turnover
• Do e...
#5: Revenue Per Employee

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#HRsolutions
Revenue Per Employee

• Helpful in evaluating lost revenue
based on position openings
• Useful for department or company
•...
#6: HR to Employee Ratio

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#HRsolutions
Poll Question
• What is your HR to Employee ratio?

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#HRsolutions
#7: HR as an Expense Factor

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#HRsolutions
HR as an Expense Factor
• Helps establish baseline expense &
organizational importance
• Human capital vs. HR

Sponsored b...
The Secret to the Seat at the
Table
• Focusing on business case
• Providing reports & analysis to business
leaders
• Creat...
Get HRCI Recert Credits

• Visit http://b4j.com/hrciwebinars
& register to get PHR, SPHR & GPHR cert
credits free.
Sponsor...
Questions?

Sponsored by Blogging4Jobs.com

#HRsolutions
Learn more about . . .
• Rebecca Perot-Tripp at
www.linkedin.com/in/rebeccaperottripp
• Jessica Miller-Merrell at
www.blog...
7 HR & Recruiting Metrics You Can't Live Without
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7 HR & Recruiting Metrics You Can't Live Without

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Human resource metrics and establishing ROI are extremely challenging and important in building a strategic HR practice for your organization. This presentation includes 7 human resources metrics and formulas that our experts have found most helpful in establishing the demonstrating the value that a HR department brings.

Visit http://b4j.com/hrciwebinars & register to get PHR, SPHR & GPHR HRCI cert credits free and on demand.

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  • Smaller organizations of fewer than 1,000 employees report an CPH of $3,079 and larger organizations with more than 1,000 reported a CPH of $4,285. Time to fill is another popular metric used in conjunction with this one. Large organizations take 43 days to fill a position compared to 29 days for smaller organizations.
  • Total compensation is a percentage of revenue is used to monitor total labor costs.
  • Technical vs. soft skills training. . .
  • Looking at base on period of time in position in short term and long term depending on position.
  • 7 HR & Recruiting Metrics You Can't Live Without

    1. 1. Get HRCI Recert Credits • Visit http://b4j.com/hrciwebinars & register to get PHR, SPHR & GPHR cert credits free. Sponsored by Blogging4Jobs.com #HRsolutions
    2. 2. Our Panelists Jessica Miller-Merrell Sponsored by Blogging4Jobs.com Rebecca Perot-Tripp #HRsolutions
    3. 3. The Importance of Metrics Sponsored by Blogging4Jobs.com #HRsolutions
    4. 4. HR as a Business Partner Sponsored by Blogging4Jobs.com #HRsolutions
    5. 5. HR as a Business Partner Contributes to business performance Promotes delivery of business benefits Maximizes employee engagement Improves people management activities • Supports legal & regulatory compliance • • • • Source: HR – The Business Partner Sponsored by Blogging4Jobs.com #HRsolutions
    6. 6. Poll Question • How large is your organization? Sponsored by Blogging4Jobs.com #HRsolutions
    7. 7. #1: Turnover Sponsored by Blogging4Jobs.com #HRsolutions
    8. 8. Annualized Turnover Sponsored by Blogging4Jobs.com #HRsolutions
    9. 9. Turnover • Evaluated monthly • Measuring turnover by division, team, department • Involuntary vs. Voluntary Sponsored by Blogging4Jobs.com #HRsolutions
    10. 10. #2: Cost Per Hire Sponsored by Blogging4Jobs.com #HRsolutions
    11. 11. Cost Per Hire Read the full SHRM Benchmarking study at http://b4j.co/CPH-2012 Sponsored by Blogging4Jobs.com #HRsolutions
    12. 12. What is an Internal Cost? • The more measure, the more accurate CPH actually is Sponsored by Blogging4Jobs.com #HRsolutions
    13. 13. #3: Total Compensation Sponsored by Blogging4Jobs.com #HRsolutions
    14. 14. Total Compensation • Used to monitor labor costs • Compares fixed vs. variable costs • Metrics like benefit costs can be can be used as a comparison of total Sponsored by Blogging4Jobs.com #HRsolutions
    15. 15. 4: Training Hours Per Employee Sponsored by Blogging4Jobs.com #HRsolutions
    16. 16. Training Hours Per Employee • Further analysis of training hours by employee level or position compared to turnover • Do employees believe they are receiving acceptable training & development • How can we translate that into a business result? Sponsored by Blogging4Jobs.com #HRsolutions
    17. 17. #5: Revenue Per Employee Sponsored by Blogging4Jobs.com #HRsolutions
    18. 18. Revenue Per Employee • Helpful in evaluating lost revenue based on position openings • Useful for department or company • Used to compare top performers Sponsored by Blogging4Jobs.com #HRsolutions
    19. 19. #6: HR to Employee Ratio Sponsored by Blogging4Jobs.com #HRsolutions
    20. 20. Poll Question • What is your HR to Employee ratio? Sponsored by Blogging4Jobs.com #HRsolutions
    21. 21. #7: HR as an Expense Factor Sponsored by Blogging4Jobs.com #HRsolutions
    22. 22. HR as an Expense Factor • Helps establish baseline expense & organizational importance • Human capital vs. HR Sponsored by Blogging4Jobs.com #HRsolutions
    23. 23. The Secret to the Seat at the Table • Focusing on business case • Providing reports & analysis to business leaders • Creating pilots to test organizational changes • Setting clear expectations • Building alliances with key stakeholders Sponsored by Blogging4Jobs.com #HRsolutions
    24. 24. Get HRCI Recert Credits • Visit http://b4j.com/hrciwebinars & register to get PHR, SPHR & GPHR cert credits free. Sponsored by Blogging4Jobs.com #HRsolutions
    25. 25. Questions? Sponsored by Blogging4Jobs.com #HRsolutions
    26. 26. Learn more about . . . • Rebecca Perot-Tripp at www.linkedin.com/in/rebeccaperottripp • Jessica Miller-Merrell at www.blogging4jobs.com Additional resources: SHRM Benchmarking study at http://b4j.co/CPH-2012 Sponsored by Blogging4Jobs.com #HRsolutions
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