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HR Metrics Survey

by Helen Mikulski, SPHR, Senior HR Specialist

Published March 4, 2010

Business metrics enable organizations to make informed decisions based on internal historical data as well as industry benchmarks.  In today’s economy, it is critical that human resource professionals also quantify the impact of HR activities to ensure that these activities are positively impacting their organization’s key business measures.

For this reason, The Management Association, in conjunction with the Employers Association Development Group (EADG), is again requesting participation in its National HR Metrics Survey.  The EADG was created in order to provide a web-based, national HR metrics calculator.  

Survey results enable participating organizations to benchmark their individual HR metrics against national data.  These metrics include:

  • Revenue per Employee 
  • Profit per Employee 
  • Human Resource Expense Factor 
  • Total Compensation as a Percentage of Revenue 
  • Absence Rate 
  • Turnover Rate 
  • Cost per Hire 
  • Turnover/Replacement Cost 
  • Benefit Cost as a Percentage of Total Compensation 
  • Benefit Cost as a Percentage of Revenue 
  • Variable Compensation as a Percentage of Total Compensation 
  • Time to Fill Jobs

Participation is open until March 19, 2010.  Click here to participate.