Metrics
What are metrics?
Every company requires metrics which are the measurements by which individuals, companies, organizations, etc, measure their progress and their ability to achieve goals. In human resources, metrics are absolutely crucial in ensuring the efficiency and productivity of both your department and the company at large.
Some of the important metrics that you should implement in your HR department include employee turnover, cost per hire, absenteeism rates, cost per employee, and more. You need to decide about which specific metrics are going to achieve the best results for your team.
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