HR reporting is the process of tracking key metrics about your workforce, often through human resources information systems. In addition to tracking and measuring data, these systems help HR teams manage many of the day-to-day work related to payroll, benefits and other transactional HR needs.
HR reports allow you to analyse and compare many data points, including full-time versus part-time workers, workforce gender ratios, employee turnover, open jobs and the time it takes to make new hires.
There are many options for building your metric-tracking platform. For example, you can monitor a few data points on Excel spreadsheets or partner with a vendor that specializes in managing HR data.
Many HR metrics, or key performance indicators, lead to larger answers when compared with other data points. This combined data helps with statistical correlation analysis of historical trends. For example, continually monitoring employee retention metrics can help identify areas of improvement within the organization.
Here are four key types of HR reports you should track – Recruiting report, Performance management report, HR administrative report, Compensation report.
Tracking HR metrics allows companies to know themselves better and use data to improve their business and workforce. Each year, companies develop new strategies and projections, and businesses need to assess HR metrics as a part of that planning.
When your team members can view data about your organization, they are more informed and feel more connected to the company, which is crucial for building engagement and inclusivity. As with all areas of the company, the HR department needs to share and explain costs and any needs for additional resources.
An HR dashboard allows HR managers to visualize vast amounts of data in an organized, useful interface. With an HR dashboard, you can see all of the important data at a glance. This is particularly useful for areas such as talent management, as you can see a clear breakdown organized by time or costs.
HR managers can use the slides of this template in their daily work. For example, you can send analytical reports on the work of personnel using the slides of this template. Also, this template will be useful to analysts when preparing a report on the state of the labor market.
Company executives can use this template when preparing a company development strategy. For example, you can include an employee performance block and present data analysis using this template.
Also, this template can be used by project managers to analyze the work of employees on different projects and determine the need to attract additional staff to complete the project on time.
HR Report is a professional and modern template that contains four stylish and fully editable slides. If necessary, you can change all elements of the slide in accordance with your corporate requirements. This template will be useful for HR managers, company executives, startups and project managers. The HR Report template will seamlessly complement your presentations and will be a great addition to your collection of professional presentations.