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Showing posts from February, 2021

HR Department Monthly Metrics Report

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  HR FORMS HR Department Monthly Metrics Report Download:   HR Department Monthly Metrics Report Report period: _________________        Prepared by: ___________________________ Metric Total # of New Hires Cost per Hire (External Costs) + (Internal Costs) / Total # of Hires in a Time Period.  Time to Fill Total days elapsed to fill requisitions / #  Hired Turnover Rate (# of separations during month/Avg. # of employees during month) x 100 Turnover Cost Total of the costs of separation + vacancy + replacement + training Vacancy Rate (Total number of vacant positions as of today / Total number of positions as of today) x 100 Vacancy Cost Total of the costs of temporary workers + independent contractors + other outsourcing + overtime - wages and benefits not paid to vacant position(s) Absence Rate [(# Days Absent in Month) / (Avg. # employees in Month) x (# workdays)] x 100 Workforce  Growth Rate End of Period Headcount / Beginning of Period Hea...

Building the best HR department

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  What Does HR Actually Do? 11 Key Responsibilities Posted By:  Lucidchart Content Team HR might be the most confusing department in your whole organization—everyone knows they’re important, but very few employees know why.  So what does HR do?  There’s a massive difference between a healthy human resources department that contributes to the growth of the organization and a distant HR that exists somewhere near the basement archives and only pops up once a year for the company holiday party.  Here’s an in-depth description of what the HR department does (or what they should be doing) to meet the needs of employees. To make sure your company has an exceptional HR department, see that it’s meeting these suggestions. What is an HR department? In simplest terms, the HR (Human Resources) department is a group who is responsible for managing the  employee life cycle  (i.e., recruiting, hiring, onboarding, training, and firing employees) and administerin...