2. • For any company to succeed, it’s
critical to focus on reducing
employee churn.
• Gauging the human resource health
in your organization rests on
keeping track of employee
satisfaction (or dissatisfaction) from
every possible viewpoint.
• It inevitably means understanding
the key performance indicators (KPIs)
that reflect the best or worst of the
people running your departments
and engaging with your customers.
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• This KPI calculates absenteeism as a
percentage of the total working days for all
employees and then provides the same metric
for each staff member.
• Your first question should be this: “How is my
average versus industry-best comparisons?”
Absenteeism rate
5. www.SoGoSurvey.com
• Overtime hours is a great KPI that can
reflect employee dedication on the one
hand or lapses in work processes on the
other.
• The latter might occur through an
understaffed workforce creating
unwarranted high pressure, impacting on
absenteeism and other performance
influences.
Overtime hours
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• This human resources KPI measures the
company’s dollars spent onboarding recruits
and bringing their education up to speed.
• Are you investing too little or overspending
on employee development?
Training costs
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• A standard employee productivity
calculation is dividing the number of
employees into sales revenue to derive
turnover value per employee.
• However, it’s a little oversimplified because
it doesn’t drill down to an individual
employee focus.
• Consider looking at KPIs like employee
hours spent working, product delivered per
employee, and product returns per
employee in dollar terms.
Employee productivity
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• This is an essential HR KPI in post-COVID-19
times where there’s a shortage of skilled
workers and a scramble to secure the best
talent for the job.
• How does your company measure up in
providing an excellent work-life balance,
flexible working hours, remote working as a
preferable option, and integration into the
corporate culture?
Talent satisfaction
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• This KPI measures the total number of
applicants versus those eventually hired.
• You should look at this in the framework
of your industry, region, and market
segment.
• It should shed light on your recruitment
method’s effectiveness.
Recruiting conversion
rate
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• Employee turnover rate is the one KPI
that goes to the heart and soul of HR
issues.
• The metrics in this segment measure
how many of your employees leave
voluntarily or via termination.
Employee turnover
rate
11. It also should trigger an investigation to
discover if:
• The talent exiting the company begins
with the managers or the job itself
• Turnover arises from employer and
employee simply not being a good fit
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