HR Analytics Audit & Benchmarking
HR Audit, Benchmarking & Analytics is to do right things to achieve competitive parity when it comes to people management. Technique uses quantitative or qualitative data periodically measure, challenge, and improve the practices.
HR Audit, Benchmarking and Analytics
- The audit process
- Recruitment and selection process audit
- Employee administration process
- Computer based data management system audit
- Statutory compliance audit
- HR audit measures
- Human Resource Auditing as a Tool of Human Resource Valuation
- People Capability Maturity Model
HR Cost Benefit Metrics
- Revenue per employee
- Operating cost per employee
- PBT per employee
- HR cost per employee
- HR to operating cost
- Compensation to HR cost
- HR budget variance
- HR ROI
KPI Dashboard
- Criteria of creating KPI Dashboard
- Characteristics of the metrics
- Calculating HR KPI
- Scorecard based on recruitment, training and development
- Calculating HR KPI
- Scorecard based on employee retention, and turnover
HR Metrics Dashboard
- Process of development Essential criteria
- Identifying the metrics
- Leading and lagging indicators
- Selection of appropriate metrics
- Sources of data
- Types of design: post only, both pre and post measures, Time series
- Measures with a comparison group, measures with a comparison standard