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Most companies look at profit and loss statements and other financial indicators to access the overall health of their organization. But that’s only part of the equation. When you look closely at Human Capital Information, you get a more complete picture that highlights key indicators, which may influence corporate strategy and impact the bottom line.
Metrics is a tool that allows HR Departments to develop and drive corporate strategies through access and presentation of human capital information, in a “language” understood by the CEO, CFO and COO. Companies identify, track and analyze key variables, by job function/role and business need. This information is then graphed, over a defined time period, to highlight human capital trends and the interaction of key variables.
For example, key metrics for Recruiting might include time to fill, time to start, cost per hire and quality of new hire.
Metrics provides the corporation with a clear, statistical perspective on human capital performance. Taken a step further, it provides a benchmark for management to measure itself against company goals and objectives, as well as against industry standards.
"Metrics" is part of the NuView EBS line of products, developed by NuView EBS, LLC.
NuView EBS is a horizontal product. It offers functionality designed for usage across a wide variety of industries and business types.