Downloads: 182 | Weekly Hits: ⮙1 | Monthly Hits: ⮙1
Review Papers | Management | India | Volume 9 Issue 2, February 2020
A Study on Effectiveness of HR Metrics
Dr. R. Jayanthi
HR Metrics have become a hot topic in organizations of all sizes. Interest is rising, and organizations are reaching out to learn more about metrics and how it can be used to improve organizational effectiveness. Although the use of it is not new, various factors have driven increased interest during the previous decade. It is used to gauge the effectiveness of various HR responsibilities and initiatives such as hiring, employee retention, training and labor costs. HR departments can use these metrics to improve their efficiency and demonstrate the value of their activities to upper management. The field of HR Metrics is currently in transition. During the past 30 years, most of the medium to large organizations did engage in HR assessment. But these efforts were not systematic. Due in part to the expense involved, they were conducted on only a sample of activities, and often for only a limited set of metrics. More recently, because of the development of strong computer-based communications infrastructures and greater access to data through the adoption of integrated human resource information systems, organizations are engaging in more consistent and systematic reporting of HR Metrics. HR Metrics are often overlooked or underrated in many organizations. This is a mistake, because HR Metrics are very important in assessing the efficiency of the HR policies, programs and endeavors. The idea of HR Metrics is that taken up for assessment or implementation has to be measurable. The main purpose of this paper is to study and analyze the available literature based on the HR Metrics, to understand how it has been studied and evaluated by different authors who are working in this area. Current literature focuses on the effectiveness of HR Metrics- Its importance and Concept. Data has been collected from multiple sources of evidence in addition to books, journals, websites and news papers. It explores the main issues in adoption of HR Metrics techniques and practices.
Keywords: Assessment, Effectiveness, Efficiency, Human Resources, Management and Metrics
Edition: Volume 9 Issue 2, February 2020
Pages: 1630 - 1635
How to Cite this Article?
Dr. R. Jayanthi, "A Study on Effectiveness of HR Metrics", International Journal of Science and Research (IJSR), https://www.ijsr.net/search_index_results_paperid.php?id=SR20225131039, Volume 9 Issue 2, February 2020, 1630 - 1635
Click below to Watch Video Lecture of Above Article
Similar Articles with Keyword 'Assessment'
Credit Risk Assessment: The Structural Approach (MERTON Model) Applied to the Moroccan Banking Sector
Performance Assessment Using OKR (Objective & Key Results) Method in PT ABCD
Fiksa Atlita Natanugraha
Similar Articles with Keyword 'Effectiveness'
The Effectiveness of HRM Crisis Management Practices in Enhancing the Performance of Employees and Organizations in Lebanon
A Study on Training and Development Practices and Organisational Effectiveness in LIC with Special Reference to Bihar, Patna
Similar Articles with Keyword 'Efficiency'
A Case Study of Efficiency Analysis on Power Grid Corporation of India Ltd
Dr. Surbhi Gupta, Mohit Gupta
Study on the Policies on Monetary Management in Schools
Similar Articles with Keyword 'Human Resources'
The Influence of Monitoring and Evaluation Structure on the Performance of Monitoring and Evaluation Systems, A Case Study of National Employment Programme
Abdou M., Mulyungi M.P.
A Study on Employees Health and Safety Facilities and their Impact on Employees Satisfaction in the Construction Firms-Jaffna District