The Ultimate Glossary of Performance Management KPIs
In order to truly embody their seat at the executive table, HR leaders need to adopt a more data-driven approach. Collecting and analyzing HR analytics enables people leaders to make more informed talent decisions, improve workforce processes, and create a better overall employee experience. It also empowers HR leaders to influence crucial business decisions at the highest level of the organization.
Sounds simple enough, right?
Not quite. Knowing that you need to be data-driven is one thing — but knowing what to measure — and what to do with the information you find — is key.
In this guide, we’ll walk you through the key areas where you should be gathering data, and the top metrics to consider as you build out an HR analytics function. We’ve bucketed these metrics into the categories that are critical to achieving strategic people objectives.
- Hiring and retention metrics
- Employee engagement metrics
- Performance management metrics
- Manager effectiveness metrics
- Measuring diversity, equity, inclusion, and belonging
- Balancing quantitative and qualitative data
- Getting everyone on board