Power Point Presentation Metrics

Topics: Employment, Recruitment, Measurement / Pages: 6 (838 words) / Published: Jul 12th, 2015
Power Point
Presentation Metrics
B Y: A M B E R L E E R YA N
H R M N 3 9 5 6 3 8 0 T H E T O TA L R E WA R D S A P P R O A C H T O
C O M P E N S AT I O N M A N A G E M E N T

Title Page
Metrics Should:
Give the whole picture, including quantity, quality, time, cost and effectiveness. Focus on key areas where change is necessary.
Develop a benchmark to use for evaluating progress toward goals.
Set goals and establish metrics for measuring progress.
If possible, be compared to metrics with similar measures from key competitors. Use the language of the business leaders, including ratios and measurements they know.

2

Introduction & Purpose
Measuring metrics is important to any business since it will allow Human
Resource professionals to provide a context around which organizational or unit performance can be analyzed more precisely.
The measurements could be:
•historical averages
•recent experiences
•projected future performance
•internal reference points
•external reference points.

3

Definition of the Term Metric

Metrics, also known as measures or key performance indicators, are simply a tool for assessing the impact of a particular project or activity.
Metrics can include quantitative and qualitative measures, such as:
•reducing turnover
•reducing time to hire
•increased production or services
•more satisfied employees
•more satisfied customers
•ability to expand or introduce new products

4

Explanation of the Use of Metrics in Evaluating the Success of the Total
Rewards Program

Qualitative or quantitative, metrics provide clear and tangible goals for a project, and criteria for project success. It is through the measurement and reporting of key metrics that programs can be assessed, evaluated, and changed, if necessary, to improve effectiveness.

5

Two Metrics

RECRUITMENT

RETENTION

Improving the recruitment procedure will assist a company to hire better people for the available positions. Hiring and training new employees costs the
company

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