The document provides a template for an HR manager's key performance indicator (KPI) table. It includes instructions on defining key result areas, selecting KPIs, assigning weights and targets for each KPI, tracking actual results, calculating scores, and using the final score to determine bonuses, salary increases, and promotions. The template and additional HR tools can be downloaded from www.exploreHR.org.
4. Template : KPI Table for HR Manager Key result areas are the main goals that HR manager needs to accomplish. In this sample, we have four key result areas.
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6. Template : KPI Table for HR Manager Weight of each KPI should be defined. Weight of KPI is determined based on the scale of priority. Total weight should be 100.
7. Template : KPI Table for HR Manager Targets are defined based on historical data and future expectations. Targets can be percentage, number, or score – depending on the type of KPIs.
8. Template : KPI Table for HR Manager Actual is the actual results. Or target achievements. We should develop reporting system to capture these results.
10. Template : KPI Table for HR Manager Formula to calculate score : Actual / Target x 100 (for KPI Maximize, the higher the better) or Target / Actual x 100 (KPI Minimize; the lower the better).