HR Data Analytics Service

Analytics provides measured evidence of how your organization’s goals and strategies are being supported. Through HR analytics, we collect and analyze Human Resources (HR) data to improve the performance of your workforce and align HR activities with organizational objectives.

Our service includes:

• Data Collection: Gathering relevant HR data from various sources to ensure comprehensive analysis.

• Measuring Data with Organizational Metrics: Applying appropriate metrics that align with your organization’s specific goals and strategies.

• Data Analysis: Analyzing the collected data to generate insights that drive better decision-making and improve HR outcomes.

Metrics include:

HR PERFORMANCE Metrics:

1. Revenue per employee
2. Revenue per FTE (Full-Time Equivalent)
3. Profit per employee
4. Profit per FTE
5. Overtime per employee
6. Labor cost per employee
7. Labor cost per FTE
8. Labor cost percentage of revenue
9. Labor cost percentage of total expenses
10. Absence rate
11. Absence rate per manager/department
12. Overtime expense per period
13. Training expenses per employee
14. Training efficiency
15. Voluntary turnover rate
16. Involuntary turnover rate
17. Turnover rate of talent
18. Overall turnover rate
19. Turnover rate per manager/department
20. Cost of absenteeism
21. Cost of turnover
22. HR to employee ratio
23. HR cost per FTE
24. Time until promotion
25. Promotion rate

GENERAL WORKFORCE METRICS:

26. Average age
27. Average length of service
28. Retirement rate
29. Average distance from home
30. Engagement rate
31. Satisfaction rate
32. Salary increase since last year

RECRUITMENT METRICS:

33. Time to fill
34. Time to hire
35. Cost per hire
36. Source of hire
37. First-year resignation rate
38. First-year turnover rate
39. First-month turnover rate
40. Hiring manager satisfaction
41. Candidate job satisfaction
42. Applicants per opening
43. Selection ratio
44. Cost per hire
45. Offer acceptance rate
46. Vacancy rate
47. Application completion rate
48. Yield ratio
49. Sourcing channel effectiveness
50. Sourcing channel cost
51. Cost of reaching Optimum Productivity Level (OPL)

Outcome: By obtaining precise and data-driven insights, your organization can avoid assumption-based and inaccurate decision-making, leading to more effective and strategic outcomes.