HR Metrics and Analytics in Human Resource Management (HRM)

Learn about cost per hire, revenue per employee, the cost to the company, billable hours of the employeeLearn about leave management of the employees, working hours, employee backup management, employee engagement activities, cost of training the employeesLearn about training effectiveness, training management, employee satisfaction measurement, employee happiness, employee productivity, overtime expensesLearn about turnover, cost of labor and various other areas. HR matrices are generally quotative and focus on the data collected from the employees.We will start this module with a brief introduction on how HRM started and its development. This HR Management Course will help you with the quantification of every personnel. Also, it will allow you to access HR performance quantitatively and financially.This Talent Management Certification Training focusses on the common HR matrices like cost per hire, revenue per employee, the cost to the company, billable hours of the employee, leave the management of the employees, working hours, employee backup management, employee engagement activities, cost of training the employees, training effectiveness, training management, employee satisfaction measurement, employee happiness, employee productivity, overtime expenses and measurement, turnover, cost of labour and various other areas. HR matrices are generally quantitative and focus on the data collected from the employees. In larger or bigger organizations, the pool of data is quite large and thus the HR matrices are most common to mid-size organizations.HR Metrics are used to gauge the effectiveness of various HR responsibilities and initiatives such as hiring, employee retention, training and labor costs. Human resources departments can use these metrics to improve their efficiency and demonstrate the value of their activities to upper management.Hiring new employees is one thing and retaining the new as well as the existing employees is also pivotal. Human resource management – Retention strategies course focusses on different strategies for retaining the performing employees who are a valuable gem to the company. Retention strategies focus on methods to make the employees feel valued and engaged to keep them or retain them. Retention methods are very effective in creating a positive impact among the employees and thus helps to increase the turnover of the company.Who this course is for:The aspirant or the candidate must be a graduate from any recognized institute with at least 50% in aggregate. Knowledge of business management courses would be an added advantage.