Preview
Preview

Essay on HR Metrics and Analytics

:: 5 Works Cited
Length: 1123 words (3.2 double-spaced pages)
Rating: Purple      
Open Document




- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

The function of Human Resources in corporations usually includes the use of metrics and analytics through collection of data on the employees’ efficiency. HR metrics are used to quantify the cost and the impact of employee programs and HR processes and measure the success or failure of HR initiatives (Missildine, 2013). The company is able to track trends and changes with the data collected as it provides for measurement function that helps with HR planning. HR metrics measure the value of the time and money spent on HR activities in the company and together with HR metrics is the HR analytics which is the process of combining data mining with business analytics techniques to analyze human resources data (Missildine, 2013) and provide an organization with considerations for the effective management of employees and quickly and efficiently reach organizational goals. The main issue lies on whether the managers know what to measure and how measurement must be conducted.
Managers are most frequently found by their subordinates unable to demonstrate a much cooperative stance in terms of telling them what information they need, using the HR metrics information included in existing reports, or even acknowledging receipt of the reports. These perceptions actually comprise the basic concern in organizations and their utilization of metrics and analytics as most managers view metrics and analytics as a simple regular task in a management policy to compute and report more metrics. There is obvious lack of communication and information regarding the assessment and report of HR metrics and the positive results in better organizational performance. Information systems help managers make different and better decisions which also include...


... middle of paper ...


...6-61. Retrieved February 12, 2014 from http://www.markhuselid.com/pdfs/articles/2003%20Becker- Huselid%20HR%20Magazine.pdf
Boudreau, J. W. and Ramstad, P. M. (2003). Strategic HRM Measurement in the 21st Century: From Justifying HR to Strategic Talent Leadership. In HRM in the 21st Century, Marshall Goldsmith, Robert P. Gandossy and Marc S. Efron (eds.), 79-90. New York: John Wiley
Kamoche, K. 2001. Understanding Human Resource Management. Buckingham: Open University Press. Lawler, E. E., Levenson, A. and Boudreau, J.W. (2004). HR Metrics and Analytics: Use and Impact. Human Resource Planning, 24 (4), 27-35. Missildine, C. (2013). From HR Metrics to HR Intelligence. HR Examiner retrieved February 12, 2014 from http://www.hrexaminer.com/from-hr-metrics-to-hr-intelligence/
Ulrich, D. (1996). Human Resource Champions. Boston, MA: Harvard Business School Press.



Click the button above to view the complete essay, speech, term paper, or research paper

Need Writing Help?

Get feedback on grammar, clarity, concision and logic instantly.

Check your paper »







This essay is 100% guaranteed.


Title Length Color Rating  
What is Google Analytics? Essay - ... Features of Google Analytics • Intuitive User Interface – This user friendly interface of Google Analytics allows website owners to customize their own interface and let them see their most valuable data only in one place as well as very easy access to the help center and all the areas within the interface. It also provides graph visualization. • In-Page Analytics - This feature overlays different kinds of information over the owner’s website within the iFrame in the dashboard of Google Analytics....   [tags: software, tracking marketing initiatives] 1084 words
(3.1 pages)
Term Papers [preview]
ROI ( Return on Investment): Six Social Metrics Worth Measuring Essay - ... Since these clients have different needs, their focused metrics will also not be the same. Now, many social media marketers have done their research, piggybacked off other successful campaigns and found valid loopholes that offer other ways to prove traction and results. 1. Google Analytics This helpful, free program is used by all marketing walks of life: search engine optimization, pay per click, web analytics and certainly social media. This won’t specify what people are buying but at least you can see if traffic is coming in from Facebook, Twitter or Pinterest to your website....   [tags: sales, social, clients, focus, tracking] 951 words
(2.7 pages)
Better Essays [preview]
The Importance of Metrics Essay - The Importance of Metrics Abstract Establishing metrics is crucial to any organization, especially in technology related company projects. Metrics permit organizations to measure its performance against industry sectors to determine how well the company is doing. Furthermore, metrics allow organizations to evaluate and improve the effectiveness and efficiency of its processes. Metrics are designated in different categories. The categories identified in this document include output, in-process, and people....   [tags: Business Metrics Organization] 1524 words
(4.4 pages)
Strong Essays [preview]
Applications of a Connectionist Model of Poetic Meter to Problems in Generative Metrics - Applications of a Connectionist Model of Poetic Meter to Problems in Generative Metrics Meter is one of the most distinctive formal features of English verse. Yet theoretical approaches to metrical analysis have proved problematical for a number of reasons. Traditional metrics, based upon scansion systems derived from Latin forms, is strong and flexible in its ability to describe individual units of a line, but fails to describe well the dynamics of the line as a whole and the lexical and syntactic structures which underlie that line....   [tags: Poem Poetry Poet Meter Metrics Essays]
:: 9 Works Cited
3230 words
(9.2 pages)
Strong Essays [preview]
Analytics and the use of them in business Essay - I have often heard it said that if you want your business to succeed you should hire and surround yourself with people who are smarter than yourself. In the modern business world companies are finding it more and more difficult to compete solely on product, especially as it seems that every company a given industry is producing the (or very similar) products. Even competing on quality is a hard sell in the modern market as quality standards have become intense as consumer expectations have continued to rise....   [tags: Business] 1693 words
(4.8 pages)
Powerful Essays [preview]
Essay on Decision Making: The Power of Analytics - Companies have transformed technology from a supporting tool into a strategic weapon.”(Davenport, 2006) In business research, technology has become an essential means that many organizations use in their daily operations. According to the article, Analytics is a major technological tool used. It is described as “the extensive use of data, statistical and quantitative analysis, explanatory and predictive models, and fact-based management to drive decisions and actions."(Davenport, 2006) Data is compiled to enhance business practices....   [tags: Business Management ]
:: 2 Works Cited
1607 words
(4.6 pages)
Strong Essays [preview]
Big Data and Data Analytics Essay example - In today’s society, technology has become more advanced than the human’s mind. Companies want to make sure that their information systems stay up-to-date with the rapidly growing technology. It is very important to senior-level executives and board of directions of companies that their systems can produce the right and best information for their company to result in a greater outcome and new organizational capabilities. Big data and data analytics are one of those important factors that contribute to a successful company and their updated software and information systems....   [tags: Technology, Human Mind, Companies, Outcomes]
:: 6 Works Cited
1758 words
(5 pages)
Powerful Essays [preview]
Metrics Essay - Introduction Competitive businesses must strive for continuous improvement in a highly competitive global market. Methods to infuse quality practices for the application of operations management principles form the basis for collecting and analyzing the data essential for strategic business decisions. One challenge for companies today is the wealth of information and computers to process it. There are numerous software applications to assist in forecasting, capacity planning, production scheduling, enterprise resource monitoring and other decision areas....   [tags: Information Technology ]
:: 6 Works Cited
1113 words
(3.2 pages)
Strong Essays [preview]
Innovation Metrics for Comcast Corporation Essay - Comcast Corporation (Nasdaq: CMCSA), number 46 on the Fortune 500 list (Cacace, 2013), has a broad innovation program that would and likely does benefit from many of the metrics listed in Table 6.2 of Making innovation work (Davila, Epstein, & Shelton, Making innovation work: How to manage it, measure it and profit from it, 2013, p. 173). As a public company, stock price measures and sales and income are important measures of overall success. However, more important for measuring innovation success are the metrics that gauge the increase in customers, revenue, or profits from specific innovation products, or customer retention and loyalty engendered by such innovations....   [tags: profitability, success, management]
:: 8 Works Cited
783 words
(2.2 pages)
Strong Essays [preview]
Operations Management Metrics Essay - Operations Management Metrics Operations Management Process is the central arteries within the organization because it produces the planning process for goods and services, which are its reason for existent. Operations management is linked to all organizations as every organization is producing either a product or a service. However, it cannot be said to be the most important function since there are other functional areas and boundaries within an organization. In today's fast changing world, organizations have to have a tendency towards being efficient, effective and innovative to the changing environment to succeed....   [tags: Business Management ]
:: 3 Works Cited
917 words
(2.6 pages)
Better Essays [preview]