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PHR®/SPHR® Professional in Human Resources Certification Study Guide, Third Edition
book

PHR®/SPHR® Professional in Human Resources Certification Study Guide, Third Edition

by Anne Bogardus
March 2009
Intermediate to advanced
669 pages
20h 19m
English
Sybex
Content preview from PHR®/SPHR® Professional in Human Resources Certification Study Guide, Third Edition

4.5. Metrics: Measuring Results

Workforce Planning and Employment is a function that lends itself more readily to measurement than some other areas of HR.

Business impact measures

In addition to ROI measures discussed in Chapter 2, employee productivity is a key measure for business impact in the WFP function. Productivity metrics are calculated by dividing "total output" (expressed in revenue dollars or [in manufacturing industries] by a measure of inventory output) by the number of employees. This metric can be calculated for the whole organization or by work groups, depending on specific information needs.

Tactical accountability measures

A number of established metrics can be used to measure HR's tactical accountability in WFP. Some of ...

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ISBN: 9780470430965Purchase book