When it comes to Human Resources (HR) strategies, it is recommended to track specific measurables. By tracking statistics such as employee retention rates and turnover cost, you have a way to measure the effectiveness of HR initiatives such as a formal on-boarding program or health benefits.
And yet, many companies don’t always have the time to track and analyze decisions around recruiting, hiring, interviewing, and retention.
By using just a few simple, intentional HR data points you will gain insight on the return on investment (ROI) of HR initiatives.
The sections outlined on our navigation bar provide more information about HR ROI calculations including why HR metrics matter, how to track HR data, how to use results strategically, and data management options.
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