HR metrics are no longer a “nice to have” tools - they impact so many processes in a company that executives tend to study HR reports before they take major business initiatives. And they have a point, people are the main asset of any organization, and you need to consider it in planning your corporate strategy.
What HR metrics will give you the insight you need to develop a successful business strategy? Of course, it depends on your company’s type, size, and priorities, but in a Report Center of Lanteria HR we collected a set of HR reports most companies will find extremely valuable:
Aside from these, you can build your own custom reports using Lanteria Report Builder and visualize data using Power BI.
If your company isn’t using any HR metrics at the moment, you should discuss it with your executive and HR staff to define the data you need to measure. Start small, and you won’t get lost in hundreds of HR reports on the next day. If you already have some HR metrics in place, make sure they’re connected with corporate objectives, and have an impact on your company. After all, any metric that does not lead to the company’s success, simply not worth the efforts put in calculating and reporting it.
Essential HR Management solutions:HR Processes AutomationSystem of Records: Personal and Employment dataOrg Structure ManagementEmployee and Manager Self Service PortalsSalary Budget, Grades, and ReviewsHR Analytics: Reports and DashboardsDocument management
Lanteria HR Products:Essential HR ManagementAbsence and Time ManagementHiring and OnboardingPerformance and Competence ManagementLearning and Development