Common HR Metrics and Their Formulas . Before beginning this discussion, read 20 Common HR Metrics and Their Formulas (Links to an external site.). Human resources (HR) departments are becoming more data-driven in order to justify larger budgets and make recruiting more effective. Measuring the effectiveness of recruiting activities is important to ensure the organization is as informed as possible as to how the HR department doing relative to talent management. In preparation for this discussion, research HR metrics and their importance to the organization.
- Identify and define five to seven HR metrics.
- Rate three to five of the most important HR metrics and justify why they are the most important.
- Explain how HR departments, large or small, should leverage HR metrics.
Your initial post must be a minimum of 300 words.
Support your plans with the discussion article and at least one other scholarly and/or credible source. The Scholarly, Peer Reviewed, and Other Credible Sources (Links to an external site.) table offers additional guidance on appropriate source types. If you have questions about whether a specific source is appropriate for this assignment, please contact your instructor. Your instructor has the final say about the appropriateness of a specific source for a particular assignment.