March 2009
Intermediate to advanced
669 pages
20h 19m
English
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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