Monday, 2 March 2015

Metrics are a system for measurement



·         HR Metrics
·         Metrics are a system for measurement
·         Some of the Metrics in HR are
·         Staffing ratio
·         Staff ratio
The ratio of the staff or workforce of a place to another group, for example to staff in another department, the ratio of patients to nurses in a hospital, or the ratio of pupils to teachers in a school
·         Time to fill
Time From the time you advertise your vacancy, how much time passes before the successful candidate starts on the job 
·         Cost per hire
You should consider the following factors when calculating the cost of hiring new employees:
Advertisements placed (if they are billed directly to you);
Setting up and maintaining social media accounts like Facebook and LinkedIn;
Time your hiring managers spend interviewing potential employees;
Recruiter fees; and Any accounting and administrative costs involved in setting up a new employee (eg contracts, pay accounts, health benefits etc)
·         Revenue per employee
Revenue per employee an important ratio that looks at a company's sales in relation to the number of  
 employees they have. It is calculated as  

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