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Now you can easily assess the business impact and ROI for key HR activities. MRA, along with other employers associations across the country, has developed a set of 12 HR Metrics Calculators in this new HR Metrics Survey.
Input your data and see your results immediately. Then in Spring, aggregate results from organizations around the country will be released to survey respondents. PLUS, those who respond to the survey will receive an invitation to a free Member Briefing on HR Metrics this Spring. Watch for details.
The 12 HR Metrics Calculators generate:
- Revenue per Employee
- Profit per Employee
- Human Resource Expense Factor
- Total Compensation as a Percentage of Revenue
- Absence Rate
- Turnover Rate
- Cost per Hire
- Turnover/Replacement Cost
- Benefit Cost as a Percentage of Total Compensation
- Benefit Cost a as Percentage of Revenue
- Variable Compensation as a Percentage of Total Compensation
- Time to Fill Jobs
It's another great member benefit from MRA!
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How do I access the calculators?
Log in to the MRA Members Only section to access the HR Metrics site.
How long can I access?
Survey closes February 8.
When will I receive the National Report?
Participants will receive the report in Spring. A free Member Briefing will also be held in Spring for participants.
What if a particular metric isn't relevant to me?
You may bypass that metric.
Questions?
Contact Mary Hunter, HR Information and Solutions, at 800.488.4845.
Metrics Article: "Performance Metrics May Be HR's Chair at the Table"
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