Question: Many organizations have successfully utilized performance management systems to improve the workplace culture and organizations success. View the Sample KPI list of example KPIs for
Many organizations have successfully utilized performance management systems to improve the workplace culture and organizations success.
View the Sample KPI list of example KPIs for HR departments.
- Actual versus budgeted cost of hire
- Annualized voluntary employee turnover rate
- Annualized voluntary turnover rate
- Average headcount of employees each human resources (HR) employee working is caring for
- Average interviewing costs
- Average length of placement in months for the manager
- Average length of service of all current employees
- Average length of service of all employees who have separated
- Average months placement
- Average number of training hours per employee
- Average number of vacation days per employee
- Average performance scores of departing employees
- Average retirement age
- Average salary
- Average salary for all employees reporting to the selected manager
- Average sourcing cost per hire
- Average time employees are in same job/ function
- Average time to competence
- Average time to update employee records
- Average training costs per employee
- Compensation cost as a percentage of revenue
- Contingent workers
- Employee satisfaction with training
- End placements
- Full-time employees (FTEs) per human resources (HR) department FTE
- Headcount of contingent workers for the manager
- HR average years of service (incumbents)
- HR average years of service (terminations)
- HR department cost per FTE
- HR headcount - Actual
- HR headcount - Available
- HR to employee staff ratio
- Job vacancies as a percentage of all positions
- New hire quality
- Time to fill
- Hiring manager satisfaction
- Cost per hire
- Staffing efficiency
- Internal, external, and total headcount recruiting costs and ratios
- Number of end placements made in the reporting period for the manager
- Part-time employees as a percentage of total employees
- Percentage of employees receiving regular performance reviews
- Percentage of employees that are near or at max for their vacation balances
- Percentage of HR budget spent on training
- Percentage of new hire retention
- Ratio of internal versus external training
- Ratio of standard level wage to local minimum wage
- Return on investment (ROI) of training
- Total overtime hours as a percentage of all work hours
- Training penetration rate (percentage of employees completing a course compared to all FTEs)
- Workforce stability
Select four KPIs from this list. Explain how KPI would impact organizational performance.
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