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8 Essential HR Metrics to Track

8 Essential HR Metrics to Track

Why do we need HR Metrics?

HR analytics has come a long way over the last few decades, with the ability to capture, analyse and interpret data from multiple touch points in the employee lifecycle. 

By delving into the data and key metrics, HR professionals will have a far more accurate picture of what’s working well in their organisation and what can be improved to minimise risk. By utilising these metrics, HR professionals can use that information to take more insightful, data-led decisions.

The key HR metrics you should be measuring

This guide provides eight simple HR metrics and how to calculate them, complete with examples and explanations of why these metrics are important, including:   

  • Turnover rate
  • Cost and time to hire 
  • Hiring success rate
  • Absence rate