NEW: Quickly Convert your HR metrics into HR Dashboard with 1-Minute Excel Dashboard (No Excel Skills Required) – Find out how HR Managers take advantage of this fill-in-the blank approach…. Learn More
Creating your HR KPI Scorecard
HR Reporting and Analysis Templates, Tips, Guides, Resources and Tools for HR Managers and HR Professionals. HR Metrics, Developing HR Dashboard, HR Templates, HR Performance Management and more:
Creating your HR scorecard? Here are a few tips and tools to get you started: How to create your list of top HR metrics and key performance indicators, both traditional HR metrics and cross-functional KPIs for ideal fit with the overall organizational strategy? How to take advantage of the fill-in-the-blank excel dashboard templates for HR dashboard report….
Performance Appraisals Applications, Uses and Templates
Employee performance appraisals used like laid-back strategies as well as used as organized methods in companies present information and responses which you can use in several ways to boost company general performance as well as individual employee performances. On top of that as soon as you set up the planned system to measure and report performance on your scorecardsโฆ
Cost to Hire a New Employee: Direct and Indirect HR Costs
Every time a company makes a decision to hire a new employee it should look at the total cost. By focusing on the direct cost only or focusing on the salary range in many cases poor decisions are made. This is especially true for many professionals like legal, IT, sales, marketing, etc. As an example, in many cases professional who makes only 50k by leaving a company can costs the business as much as 130k in total cost of replacing that employee with a new hire. So how do you go about calculating the total costs of hiring a new employeeโฆ
Employee Turnover Rate – Top HR KPIs and Metrics
What is employee turnover, how to calculate the costs (direct plus indirect costs), formula for turnover calculation, strategies and tactics for improving your HR performance, how to decrease your current turnover rate, HR KPI reporting, HR metrics excel dashboardโฆ
Performance Review Tips
Performance review, evaluation and management tips for supervisors, HR professionals and management. Ideas, tips, benefits, costs and risks of effective as well as poor performance review system. Performance review and human resources tools, templates, dashboardsโฆ
Cost Per Hire: Top HR Metrics
Cost Per Hire โ Monitoring your top HR metrics: How to measure and track your key HR metrics and KPIs? Using HR scorecard and HR dashboard in Excel can help you track continuously your cost per hire and your other critical HR metricsโฆ
HR Management Software
Human Resources Management Software, Templates, Scorecards, Metrics, Dashboards, Tools and more… How to manage the everyday HR challenges and issues with the easy-to-use and professional HR Management Toolbox…
HR Metrics
Sample HR metrics and examples to help you with your HR reporting…
HR Training and Development
How to create HR plan for employee training and development: human resource strategy and plan development for education and development of employees in business organizations…
6 Ways to Attract the Best Employees
How to attract the top employees for your job opening? These 6 tips offer various ideas on how you can improve your HR strategies and tactics to attract the right candidates for the job position and hire the top employees…
Employee Innovation Management
Employee Innovation should be encouraged and managed. What is important for employee innovation and what should you do to create an innovative organization? There are a few issues here which are critical for creating the innovation culture…
How to Create a Successful Performance Management System
The 5-Step Process of Creating and Sustaining an Effective Performance Management System for your Organization. How to Improve Performance and use the right KPIs for your business…
Tips on Avoiding Analysis Paralysis in Business
Having too many choices and analysis paralysis prevent us from making decisions and frequently we end up without making decisions because we create a complex situations even when…
General vs Specific Business Metrics and KPIs
When you design and create your business scorecard it is important to take into consideration both generic and specific metrics for your business. Understanding your KPIs is important for you to be able to develop the right scorecard and measure effectively your business performances…
The Top 10 Employee Retention Tips
Keeping your best employees should be your top priority as a manager. How long your employees will stay with your company depends on many things but most of them are based on your retention strategy and system…
7 Steps to Developing and Implementing Employee Satisfaction Survey
Employee satisfaction surveys give managers the opportunity to understand any issues and see what is preventing the organization to deliver better results. Issues which prevent employees to do their job better…
Multi Voting Technique for Teams in Business
Multivoting is a management tool used after brainstorming sessions when the team will generate a large list of ideas which must be reduced to some manageable number of items…
The 10-Step Business Planning Process
Business planning process: This simple business planning framework uses these 10 simple steps to walk you through the process so you can analyze your business and gather all the required information when you need to create a business plan…
15 Invaluable Laws of Growth
Book Review: “The 15 Invaluable Laws of Growth: Live Them and Reach Your Potential” by John C. Maxwell offers some really good principles for business professionals. This book might be one of his best books so far…
What Are Key Performance Indicators?
What are KPIs and why they are critical for success of any organization in business? What is measured, tracked and monitored is more important than how it is measured as long as it doesn’t require ongoing time and efforts from the users. KPI dashboard reporting in addition provides managers…
HR SWOT Analysis: The SWOT Process and Tips for Human Resources
The SWOT analysis process for HR professionals – how to assess the organizational and employees’ strengths, weaknesses, opportunities and threats, perform gap analysis and create successful HR strategy and tactics by using SWOT analysis…
Moneyball: The 5 Performance Management Lessons for Managers
How small-budget companies can use performance management to outperform the leaders in their industries. Moneyball can teach managers a valuable lesson on how to use performance measurements and performance management to achieve great results and compete against the leaders…
HR Reporting Strategies
HR KPIs and Metrics: The Holistic View and Planning of HR Reporting. How to plan, define, organize and measure your HR metrics to maximize productivity and effectiveness of your HR reporting system. HR dashboard reporting and analysis tips…
HR Gap Analysis
The purpose of HR gap analysis is to identify any current or potential gaps between the required level of expertise and the existing capabilities within the organization. Performing gap analysis opens up new opportunities for the organizations to improve their existing performance and sustain…
The McKinsey 7S Model
The 7S Model: The 7 elements together offer a strategic planning model for holistic and overall evaluation and assessment. In addition to organizational analysis and planning the same approach can be used for evaluating and planning departments, projects, regional operations, teams…
Employee Engagement Ideas
15 Ways to Better Engage your Employees: Employee engagement is an essential strategy for businesses looking to succeed in a competitive world. Itโs all about demonstrating to the employees that they’re appreciated and their job has a higher purpose that a simple daily routine…
What is Benchmarking?
Benchmarking in business is the process and system for comparing your results, products, processes, performance, etc. against a predefined standard or criteria. The overall goal of benchmarking is continuous improvement. Companies compare results with the leaders in certain areas and by doing that they identify areas for improvement…
10 Productivity Tips
Have you ever applied the Pareto Rule to your everyday tasks? While we all know Pareto suggests that 80% of our productivity is a result of only about 20% of our efforts, we all sometimes take the routine tasks we do on a daily basis as granted…
Cost Benefit Analysis
The Process of Using Cost-Benefit Analysis in Business: Cost benefit analysis in business is an evaluation method used for comparing the costs and benefits of any business decision or alternative…