When organizations evaluate HR applications, they focus on specific Key Performance Indicators (KPIs) to measure the effectiveness and impact of these tools. Some common KPIs include:
- Recruitment Metrics: Time to fill positions, cost per hire, quality of hire.
- Employee Turnover: Voluntary and involuntary turnover rates.
- Training and Development: Training hours per employee, skill acquisition rates.
- Performance Management: Employee performance ratings, goal achievement rates.
- Employee Engagement: Engagement survey results, retention rates.
To delve deeper into HR analytics, consider exploring these KPIs and their significance in evaluating HR applications. Understanding these metrics can provide valuable insights into the performance and efficiency of HR processes within an organization.