This cheat sheet highlights ten essential HR metrics that help measure recruitment effectiveness, workforce productivity, employee engagement, retention, and HR operational efficiency. It serves as a practical reference for selecting meaningful metrics and understanding why they matter.
Included in this resource:
- Overview of ten key HR metrics, including:
- Time to hire
- Cost per hire
- Quality of hire
- Early turnover rate
- Turnover rate
- Revenue per employee
- HR cost per employee
- Employee engagement score
- Absenteeism rate
- Employee Net Promoter Score (eNPS)
- Explanation of what each metric measures.
- Formula or measurement approach for each metric.
- Summary of why each metric is important and the business insights it provides.
