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The Top 5
Business
Intelligence
Metrics for HR
Departments
INTRODUCTION




2
COST                                 Whether it is budget review time or there
                                                       is strategic planning in the works by the
                   PER                                 corporate big wigs, HR is a go-to place for
                  HIRE                                 statistics and data.

                                                       Metrics provide quantitative measurements
             LABOR                                     for productivity and other employee
            DIVERSITY                                  related issues.
                         EMPLOYEE
                        ENGAGEMENT                     Simply put, using human resource analytics
                                                       is key when determining how many
                   HR TO
                                                       employees a company needs, whether
                STAFF RATIO                            the current staffing is effective and if
                                                       businesses are getting a reasonable return
                          MONTHLY                      for their workforce penny.
                          TURNOVER
                            RATE




    Share

3                                    © 2013 KPI Partners, Inc.
About KPI
            KPI Partners is an Oracle Partner who specializes in Oracle Business
            Intelligence (BI) and Oracle Enterprise Performance Management so-
            lutions. The award-winning staff at KPI Partners comes directly from
            the product engineering departments at Oracle, Siebel, and Hyperion.
            In addition to consulting services, KPI Partners offers training, support,
            and exclusive pre-packaged analytic solution extensions for Oracle
            Business Intelligence.

            KPI Partners works with both corporate technology departments and
            corporate business units to develop value-added business intelligence
            solutions, not just new technology deployments.




    Share

4                                  © 2013 KPI Partners, Inc.
The Top 5 Business Intelligence Metrics for HR Departments


    #5
    MONTHLY
    TURNOVER RATE



5
Monthly Turnover Rate
Companies that maintain a large workforce                      Monthly Turnover Rate is less critical for
need to monitor the monthly turnover rate.                     small businesses. An office that only
Turnover refers to the number of employee                      employees 3 individuals is likely to have a
separations a company has every month.                         low turnover. There is less work involved in
That may include retirements, firings and                      maintaining the proper staff. Even if they
voluntary departures. This human resource                      fall short for a period of time, the other
analytics tool helps management plan to                        office workers can pick up the slack.
cover staffing needs fully.

For example, a call center may employee 50
workers at any given time, but with a large
turnover rate can fall short on shifts. With
this in mind, a large monthly turnover rate
signals the human resource department to
remain in hiring mode to compensate. The
goal is to keep 50 people in the call center
at during all shifts.

    Share

6                                         © 2013 KPI Partners, Inc.
The Top 5 Business Intelligence Metrics for HR Departments


    #4
    HR TO STAFF RATIO



7
End Of Preview
Download The Entire E-Book At
   www.kpipartners.com




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KPI E-Book: The Top 5 Business Intelligence Metrics For HR

  • 3. COST Whether it is budget review time or there is strategic planning in the works by the PER corporate big wigs, HR is a go-to place for HIRE statistics and data. Metrics provide quantitative measurements LABOR for productivity and other employee DIVERSITY related issues. EMPLOYEE ENGAGEMENT Simply put, using human resource analytics is key when determining how many HR TO employees a company needs, whether STAFF RATIO the current staffing is effective and if businesses are getting a reasonable return MONTHLY for their workforce penny. TURNOVER RATE Share 3 © 2013 KPI Partners, Inc.
  • 4. About KPI KPI Partners is an Oracle Partner who specializes in Oracle Business Intelligence (BI) and Oracle Enterprise Performance Management so- lutions. The award-winning staff at KPI Partners comes directly from the product engineering departments at Oracle, Siebel, and Hyperion. In addition to consulting services, KPI Partners offers training, support, and exclusive pre-packaged analytic solution extensions for Oracle Business Intelligence. KPI Partners works with both corporate technology departments and corporate business units to develop value-added business intelligence solutions, not just new technology deployments. Share 4 © 2013 KPI Partners, Inc.
  • 5. The Top 5 Business Intelligence Metrics for HR Departments #5 MONTHLY TURNOVER RATE 5
  • 6. Monthly Turnover Rate Companies that maintain a large workforce Monthly Turnover Rate is less critical for need to monitor the monthly turnover rate. small businesses. An office that only Turnover refers to the number of employee employees 3 individuals is likely to have a separations a company has every month. low turnover. There is less work involved in That may include retirements, firings and maintaining the proper staff. Even if they voluntary departures. This human resource fall short for a period of time, the other analytics tool helps management plan to office workers can pick up the slack. cover staffing needs fully. For example, a call center may employee 50 workers at any given time, but with a large turnover rate can fall short on shifts. With this in mind, a large monthly turnover rate signals the human resource department to remain in hiring mode to compensate. The goal is to keep 50 people in the call center at during all shifts. Share 6 © 2013 KPI Partners, Inc.
  • 7. The Top 5 Business Intelligence Metrics for HR Departments #4 HR TO STAFF RATIO 7
  • 8. End Of Preview Download The Entire E-Book At www.kpipartners.com 1