Transcript
Page 1: Copy of Formula HR Metrics

Activity Title FocusResourcing Cost Per Hire CostResourcing Source Cost Per Hire CostResourcing Interviewing Cost = C/I CostResourcing Source Cost per Hire (per Interview) CostResourcing Response Time timeResourcing Time to fill = TF timeResourcing Time to Start = TS timeResourcing Referral Factor = RF quantityResourcing Job-posting Response Rate = JPR quantityResourcing Job-Posting Response Factor = JPRF quantityResourcing Job Posting Hire Rate = JPH effectivenessResourcing Internal Hire Rate = IH quantityResourcing Interview Time = AIL effectivenessResourcing Hire Ratios = HR quanityResourcing Hit Rate = HO quantityResourcing Quality of Hire = QH quanityResourcing Recruiter Effectiveness = RE qualityResourcing Requisitions Opened = RO quanityResourcing Requisitions Filled = RF quantityResourcing Requisitions Inventory = RI quantityEmployee Relations Orientation Cost Per Employee CostEmployee Relations Departmental Orientation Cost CostEmployee Relations HR Department Orientation Expense CostEmployee Relations Departmental Counseling Factor quantityEmployee Relations Counseling Topic Factor quantityEmployee Relations Counseling Topic Time timeEmployee Relations Absence Rate timeEmployee Relations Absenteeism Cost CostEmployee Relations Effect of Absenteesim onLabor Utilization timeEmployee Relations Accession Rate timeEmployee Relations Separation Rate quanityEmployee Relations Average tenure - Current Employees timeEmployee Relations Former Employees' Average Service Period timeEmployee Relations Stability Factor quantityEmployee Relations Instability Factor quantity

Page 2: Copy of Formula HR Metrics

Activity Title FocusEmployee Relations Servivor Rate quantityEmployee Relations Loss Rate quantityEmployee Relations Turnover/Performance Relationship quantity

Cost per Trainee CostCost per Trainee Hour CostKnowledge Change qualitySkill (Behavior) Change qualityAttitude Change qualityPerformance Change quality

Compensation Job Description Factor quantityCompensation Job evaluation Factor quantityCompensation Salary Range Exception Factor quantityCompensation Payroll Tax Factor quantityCompensation Average Hourly Rate quantityCompensation Cost to Supervise CostBenefits Total Benefits Cost CostBenefits Benefits Cost per Employee CostBenefits Benefit to Payroll Ratio CostRecords Volume Processing timeRecords Turnaround Time timeRecords Error Rate qualityRecords Processing Cost per Transaction CostRecords Record keeping Costs CostRecords Claims Satisfaction qualityHRIS Job Cost CostHRIS Report Cost CostHRIS Response Time timeHRIS Turnaround Time time

Management DevelopmentManagement DevelopmentManagement DevelopmentManagement DevelopmentManagement DevelopmentManagement Development


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