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We've updated one of our most popular materials. See what's new in our guide to MERPs.

Using Your HR ROI Results

How to Use Your Results

When it comes to HR ROI calculations, the goal is to use the information to make smarter HR decisions, to spend company money wiser, and to create a healthy and productive workplace.How_to_use_HR_data_result

 

HR Data That Leads to Action

Data without analysis and action is just… data. As you collect HR data, don’t just file it away. Use your HR data to understand trends, issues, and opportunities. Then, take action to make changes based on your learnings.

To make the most of your HR ROI calculations:

  • Connect the HR data to business objectives and goals.

  • Use the data to drive optimization. Learn about what is working, and not working. Then, make changes based on these learnings.

  • Communicate learnings and recommendations to key decision makers.

Using Your Results - A Step-by-Step Checklist

As you collect, analyze, and take action on your results, follow this step-by-step checklist:

  • Identify which data to track. Remember, choose HR data related to business objectives and ROI calculations that will provide actionable insights

  • Identify how and who will track the data. Remember, aim for consistent and comprehensive data. This may mean getting supervisors and managers onboard to help with data reporting. You also need to consider how the data will be tracked. Read more about HR data management options here.

  • Identify how the data will be analyzed. What is the sample size needed? What time frame will data be analyzed (ex: monthly, quarterly).

5 HR Data Points Every Small Business Should Track