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New Online Tools for Human Resource Metrics


With the recent launch of the HR Metrics Center, a new on-line business service for human resource professionals, the site will provide the first on-line capability for human resource professionals to build HR or human capital metrics for their organizations. The application also includes a dynamic on-line survey providing the ability for member organizations to benchmark their HR metrics against industry averages. "The HR Metrics Center provides a powerful tool to the HR community. The Center was designed with the assistance of human resource professionals with the goal of helping the profession grow as strategic business partners in their organizations," states Craig Lawson, President of HRMC LLC. The foundation of the site is MetricsPro, a powerful, easy to use on-line tool that brings members through a step-by-step process to build and report on over 40 important HR metrics. In addition, members have access to BenchmarkPro, which includes the HR Metrics Center's dynamic HR survey results. The use of metrics and benchmarking in human resources is expected to grow tremendously in the coming years. A recent Conference Board survey indicated that of the human resources executives surveyed at medium to large companies, only 12% make use of people measures to meet their strategic targets. However, over the next three years, 84% of that same group expects to increase the use of human capital measurements. Membership in the HR Metrics Center is free.


Article courtesy of Kennedy Information Recruiting Trends providing leading edge insights and strategies for the recruiting professional

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