Top KPIs for CHROs
1.Employee Turnover Rate: The rate at which employees leave the company, indicating employee satisfaction and retention efforts.
2.Time to Hire: The average time taken to fill a vacancy, impacting productivity and operational efficiency.
3.Employee Engagement Score: A metric derived from surveys to gauge the level of employee commitment and satisfaction.
4.Diversity and Inclusion Metrics: Measures the representation and inclusion of diverse groups within the workforce.
5.Training and Development ROI: The return on investment in employee training programs, linked to performance improvements.
6.Performance Management Effectiveness: How well the performance management system identifies, rewards, and develops talent.
7.Labor Cost as a Percentage of Total Revenue: The proportion of revenue that goes towards paying employees, indicating financial efficiency.
8.Succession Planning Completeness: The readiness of the organization to fill critical roles without disruption.
9.Health and Safety Incident Rates: The frequency of workplace accidents, indicating the effectiveness of safety policies.
10.Employee Net Promoter Score (eNPS): A measure of how likely employees are to recommend the organization as a place to work.