Understanding the HR dashboard
The HR department is no longer what it used to be 20 years ago. Now they do more proactive planning than they used to do and are increasingly relying on analytics to ensure that their company is energized with the right people, who are treated correctly and are provided with the right resources.
The list of KPIs that will fill the HR dashboard of one company will usually be very different for another company, as the world of work has changed drastically in the last decade and companies are moving away from the traditional way of managing their staff. And with every new people management strategy comes a bucket list of KPIs to track. Luckily, there are some universally relevant KPIs.
The following is a list of these must-know KPIs by segment:
- Headcount spread: Company executives want to know the total staff and their spread by regions, departments, and for diversity goals, by race/gender. Showing this as a column or bar chart that can be...