Workforce Metrics
Workforce metrics are quantitative measures used to assess the performance and efficiency of an organization's employees. These metrics can include data on employee productivity, turnover rates, and training effectiveness. By analyzing these figures, companies can identify areas for improvement and make informed decisions about workforce management.
Common workforce metrics include employee engagement scores, absenteeism rates, and time-to-hire. Organizations use these metrics to track trends over time, benchmark against industry standards, and enhance overall workforce effectiveness. This data-driven approach helps businesses optimize their human resources and align them with strategic goals.