Hi,
As part of my MBA, I am working on a project about recruitment costs and employee turnover costs. However, I do not have any data to calculate these costs, so I am in need of hypothetical data.
I require some dummy HR metrics data, including formulas, especially for cost per hire and employee turnover cost, presented in the full prescribed format for analysis. Kindly provide this information as soon as possible.
Thank you.
From India, New Delhi
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As part of my MBA, I am working on a project about recruitment costs and employee turnover costs. However, I do not have any data to calculate these costs, so I am in need of hypothetical data.
I require some dummy HR metrics data, including formulas, especially for cost per hire and employee turnover cost, presented in the full prescribed format for analysis. Kindly provide this information as soon as possible.
Thank you.
From India, New Delhi
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Dear Swati, Please find the attached list of Metrics which I use along with the formulae. For any further clarification feel free to write or discuss.
From India, Mumbai
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173From India, Mumbai
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Hi Prasenjit Very good post and valuable keep posting. Regards Eswar.K Manager-Hr 8056041800
From India, Chennai
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From India, Chennai
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Thank you, Mr. Prasenjit, for your assistance. I require dummy data for my project as I am unable to obtain any information on calculations. Specifically, I need data for Cost Per Hire and Turnover Cost, along with examples of how to solve both metrics and analyze them. Your help in this matter would be greatly appreciated.
From India, New Delhi
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From India, New Delhi
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Dear Swathi, What will you do if some one gave hypothetical data? Are you not supposed to collect data and say where and how you collected the data?
From United Kingdom
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From United Kingdom
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Dear Prasenjit, May we know how large is your organisation and whether you have an automatic system that calculates all the metrics?
From United Kingdom
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From United Kingdom
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Dear Simhan,
Though I am working in a large organization (i.e. L&T Construction) and have worked with big organizations like Eureka Forbes & Magma Fincorp Ltd., unfortunately, none of the organizations use metrics-based reporting. I do it for my own analysis and show it to my management at the time of appraisal.
All the organizations I have worked for were SAP implemented, so I used to fetch the data and prepare the metrics.
From India, Mumbai
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Though I am working in a large organization (i.e. L&T Construction) and have worked with big organizations like Eureka Forbes & Magma Fincorp Ltd., unfortunately, none of the organizations use metrics-based reporting. I do it for my own analysis and show it to my management at the time of appraisal.
All the organizations I have worked for were SAP implemented, so I used to fetch the data and prepare the metrics.
From India, Mumbai
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I know it's difficult to use hypothetical data, but as per company policy constraints, I had not been provided the data. In that case, I just have the formulas, and I don't know how to use those formulas. The organization for which I am making the project has around 200 employees. However, I wanted to calculate the cost per hire for one year and the turnover cost for one year. So, I need exactly a solved example of how we do this...
From India, New Delhi
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From India, New Delhi
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Dear Swathi, In the attached file find a hypothetical calculation of Cost Per Hire. For any clarification feel free to discuss or write.
From India, Mumbai
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From India, Mumbai
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Sir, currently I am pursuing MBA in HR. When I chose HR metrics as my SIP topic, the organization where I obtained permission to conduct my project on the topic had initially agreed to provide me with the necessary data for calculating HR metrics. However, they are now stating that they are unable to provide any data due to the busy schedule of the company's HR department, who is currently out of the office. My synopsis has already been submitted to the university, and my internal guide is refusing to allow me to change the organization or the topic. Since I am unable to create hypothetical data, I am seeking your assistance on this matter. I have tried to gather as much information as possible from the internet, but I have only found formulas for calculating HR metrics and no actual figures. Can anyone help me out?
From India, Dharwad
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From India, Dharwad
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Sir, currently I am pursuing an MBA in HR. When I chose HR metrics as my SIP topic, the organization from which I sought permission to carry out my project on this topic had initially agreed to provide me with the necessary data for calculating HR metrics. However, they have now informed me that they are unable to provide any data as the company's HR department is extremely busy and the HR staff are out of the office. My synopsis has already been submitted to the university, and my internal guide is refusing to allow me to change the organization or the topic. Since I am unable to create hypothetical data, I am seeking your assistance with this issue. I have attempted to gather as much information as possible from the internet, but I have been unable to find any specific figures apart from formulas for calculating HR metrics. Can anyone help me out?
From India, Dharwad
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From India, Dharwad
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Hr metrics.doc
Module on HR Metrics.pdf