Top HR KPIs to Track in 2023

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HR key performance indicators or KPIs are the metrics that are used to gauge the performance of an organization’s workforce. HR uses these metrics so they can assess their strategy. With that, let’s look at the best of these KPIs to look at.
Starting our list is Employee Retention. This is one of the most crucial HR KPIs. A high value means that employees are happy with their job and will stay, while a low retention rate indicates that employees are not satisfied and might consider leaving. Tracking this KPI allows organizations to identify problem areas and take corrective action before employees leave. You can measure this key performance indicator by tracking various HR metrics, with the help of talent management programs.
The second KPI is Employee Satisfaction. Another key metric that HR should track. This is an indication of how much employees enjoy their job and how motivated to perform well. This is usually determined by conducting employee satisfaction surveys. You can use software such as Qualtrics or SurveyMonkey to create these surveys and also analyze the results. Questions should focus on the company’s work culture, their happiness with their role, and whether they feel valued and respected.
The third KPI is Time to Hire. This is simply the time it takes for a company to fill an open position. Track this metric by recording the number of days it took to fill an open position. This KPI is an indication of the efficiency of their recruitment process. A long process might prompt you to review whether the job description is clear or the skill set you’re looking for is reasonable.
To learn more, watch the video.
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[@wellnetorganic5907]

Thank you! Its a great help video

[@hruniversity]

Glad you liked it!

[@YamnaYasien]

how do the diversity metrics differ between employees working onsite and remotely?

[@pradeepbhatnagar4848]

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[@Amit.Pustake]

Excellent

[@hruniversity]

Thanks

[@thorskrindo]

I study b.a I/O Psych with a minor in Computer science and Spanish. I have questions for you! What’s your email?
What Are sone great Books for future HR pros?

[@hruniversity]

All the best in your future career path. You can connect me using any of my social media handles given in the description of the video. For some cool books on HR, you may visit this link: www.aihr.com/blog/hrm-books/