HR matrices (or HR metrics) are key performance indicators (KPIs) used to measure and analyze various aspects of human resources management. These metrics help HR professionals make data-driven decisions to improve workforce efficiency, employee satisfaction, and overall organizational performance.
Key HR Matrices Categories & Examples
1. Recruitment & Hiring Metrics
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Time to Fill – The average time taken to fill a job vacancy.
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Time to Hire – The time between a candidate applying and accepting an offer.
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Cost per Hire – Total cost incurred to hire an employee.
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Offer Acceptance Rate – The percentage of job offers accepted by candidates.
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Quality of Hire – Evaluates new hires’ performance and retention.
2. Employee Productivity & Performance Metrics
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Revenue per Employee – Measures the company’s revenue divided by the total number of employees.
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Performance Appraisal Scores – Tracks employee performance over time.
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Goal Achievement Rate – Measures the percentage of goals met by employees.
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Training Effectiveness – Assesses the impact of training programs on employee performance.
3. Employee Engagement & Satisfaction Metrics
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Employee Net Promoter Score (eNPS) – Measures employee satisfaction and loyalty.
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Employee Satisfaction Score – Based on surveys assessing employee happiness.
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Work-Life Balance Index – Measures employees' perception of their work-life balance.
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Recognition Rate – Frequency of employees being recognized for their contributions.
4. Retention & Turnover Metrics
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Employee Turnover Rate – The percentage of employees leaving the company.
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Voluntary vs. Involuntary Turnover – Differentiates resignations from terminations.
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Retention Rate – The percentage of employees staying over a specific period.
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Average Tenure – The average length of time employees stay with the company.
5. Compensation & Benefits Metrics
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Salary Competitiveness Ratio – Compares company salaries with market rates.
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Benefits Utilization Rate – Measures how often employees use offered benefits.
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Total Compensation as % of Revenue – Compares employee compensation costs to revenue.
6. Diversity, Equity & Inclusion (DEI) Metrics
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Diversity Hiring Rate – Percentage of diverse candidates hired.
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Gender Pay Gap – Difference in earnings between male and female employees.
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Workforce Diversity Ratio – Proportion of employees from diverse backgrounds.
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Inclusion Score – Assesses employees’ sense of belonging at the workplace.
7. Learning & Development Metrics
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Training Completion Rate – Percentage of employees who complete training.
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Employee Growth Rate – Measures promotions and career advancements.
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Skills Gap Analysis – Identifies skill shortages within the workforce.
8. HR Operational Metrics
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HR-to-Employee Ratio – The number of HR personnel per employee.
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Absenteeism Rate – Measures the frequency of unplanned employee absences.
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Grievance Resolution Time – Average time to resolve employee complaints.
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