·
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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