Quality of hire measures ......
The value that new hires bring to a company.
Why do you need to track the L&D metrics?
Retention, employee engagement, promotions, skills, performance, V.turnover, productivity.
What are the common burnout metrics?
(Mention 2)
Overtime hours and digital day length
What is the Employee Net Promoter Score?
Measures employee loyalty and satisfaction by asking how likely they are to recommend the organization as a place to work.
If the absenteeism rate is high. We have to check...
Employee Engagement, workload, burnout, manager effectiveness, Safety and health standards.
What is manager effectiveness?
How to track it?
Effective managers make work meaningful, create structure, build relationships, harness passion, and support employee growth in a way that helps the organization stay competitive through periods of disruption.
We can track it by checking the high performer resignation rate, Manager engagement rate, Promotion rate.
Case Study:
Company A, a large technology firm, faced high employee turnover rates, resulting in significant costs and disruptions.
As an HR professional, what are your recommendations?
They can identify the key factors contributing to employee attrition and develop targeted retention strategies.
Employee engagement, Employee net promoter score, Top performer turnover,..
What is TCOW and why track it?
Total cost of workforce (TCOW) measures the full cost of people who contribute work to the organization, including all of the labor costs and the workforce overhead costs, and all the costs that roll up into those two categories such as employer taxes, facilities, and other overhead costs.
It is essential to building an efficient workforce plan and staying competitive.