HR Metrics are measurable data points that help track and evaluate how effectively a company's Human Resources department is achieving its goals. These metrics provide insights into workforce performance, employee engagement, hiring efficiency, and more — helping HR professionals make data-driven decisions to improve operations and support business objectives.

Let’s break it down by categories:

🎯 Recruitment Metrics

These measure how efficient and effective the hiring process is:

  • Time to hire: Number of days from job posting to candidate acceptance.
  • Cost per hire: Total hiring costs divided by the number of hires.
  • Offer acceptance rate: Percentage of candidates who accept job offers.
  • Source of hire: Tracks which hiring channels bring in the best candidates.

🔥 Employee Performance Metrics

Helps assess how employees are performing and contributing to business goals:

  • Revenue per employee: Total revenue divided by the number of employees.
  • Performance ratings: Average performance score across the team.
  • Goal completion rate: Measures how well employees meet their objectives.
  • Productivity rate: Output per employee, often tailored to industry needs.

🔁 Turnover and Retention Metrics

Tracks how well the company keeps its talent:

  • Employee turnover rate: Percentage of employees leaving over a period.
  • Voluntary vs. involuntary turnover: Differentiates resignations from terminations.
  • Retention rate: Percentage of employees staying within the company.
  • New hire turnover rate: Tracks how many new employees leave within a set time (e.g., first 90 days).

😊 Employee Engagement and Satisfaction Metrics

Shows how happy and motivated the workforce is:

  • Employee Net Promoter Score (eNPS): Measures whether employees would recommend the company.
  • Employee satisfaction score: Based on survey data or pulse checks.
  • Absenteeism rate: Tracks unplanned absences and patterns.

💸 Compensation and Benefits Metrics

Helps evaluate pay structures and benefit programs:

  • Average salary: Median salary by department, role, or location.
  • Benefits participation rate: Tracks how many employees enroll in benefits.
  • Pay equity ratio: Measures fairness in pay across gender, ethnicity, etc.

📚 Training and Development Metrics

Evaluates how effective learning programs are:

  • Training completion rate: Percentage of employees who finish training programs.
  • Time to productivity: How long it takes for a new hire to become fully productive.
  • Employee skill gap analysis: Measures skills employees have vs. what’s needed.

🔍 Diversity, Equity, and Inclusion (DEI) Metrics

Measures the diversity and inclusiveness of the workforce:

  • Workforce diversity breakdown: By gender, race, age, etc.
  • Promotion rate by demographic: Checks fairness in career growth.
  • Pay gap analysis: Identifies potential wage gaps across groups.