Hi Mohit,
Key Performance Indicators (KPIs) for HR Managers and HR Executives can vary depending on the organization's goals, industry, and specific HR functions. Below is a general template that you can use as a starting point. Remember to customize it based on your organization's needs and objectives:
HR Manager KPI Template:
Employee Engagement:
Employee satisfaction score
Employee retention rate
Number of employee recognition programs implemented
Talent Acquisition:
Time-to-fill vacant positions
Quality of hire
Recruitment cost per hire
Training and Development:
Training hours per employee
Percentage of employees participating in professional development programs
Improvement in employee skills and competencies
Performance Management:
Percentage of employees with documented performance goals
Completion rate of performance reviews
Achievement of performance improvement plan goals
HR Process Efficiency:
Time taken for HR processes (e.g., onboarding, payroll processing)
Accuracy of HR data and records
HR technology utilization and optimization
Workforce Diversity and Inclusion:
Diversity ratio in new hires
Inclusion survey results
Implementation of diversity and inclusion initiatives
Employee Relations:
Number of employee relations issues resolved
Employee satisfaction with HR support
Compliance with labor laws and regulations
Strategic HR Initiatives:
Successful implementation of HR projects
Alignment of HR initiatives with organizational goals
Contribution to overall organizational strategy
HR Executive KPI Template:
Recruitment and Staffing:
Timely sourcing and screening of candidates
Number of successful hires
Candidate satisfaction with the recruitment process
Onboarding:
Onboarding completion rate
Employee feedback on the onboarding experience
Time taken for new hires to reach full productivity
Employee Relations:
Timely resolution of employee issues
Employee satisfaction with HR support
Feedback on HR communication and responsiveness
Training and Development:
Participation rate in training programs
Feedback on training sessions
Skills improvement among employees after training
HR Compliance:
Adherence to labour laws and regulations
Completion of compliance training
Number of HR audits conducted and outcomes
HR Reporting and Analytics:
Accuracy and timeliness of HR reports
Utilization of HR analytics for decision-making
Improvement in HR processes based on analytics
Performance Management:
Timely completion of performance appraisals
Quality of performance feedback provided to employees
Employee satisfaction with the performance management process
Hence, KPIs should be specific, measurable, achievable, relevant, and time-bound (SMART). Additionally, it's crucial to regularly review and update KPIs based on changing organizational priorities and goals.
Thanks