HR Metrics: Practical Measurement Tools for People Management (PDF E-book)

  • ID: 2903323
  • Book
  • 430 pages
  • Knowledge Resources
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This is the first book to approach the analysis of human resources from such a multi-dimensional aspect as well as the first to use a practical, hand-on and step-by-step approach: the book teaches the “how to” of each technique in a step-by-step manner, including a wide variety of MS Excel examples and practice datasets.

The interest in HR Analysis has never been higher:

- The competitive environment has led to a talent war of unforeseen magnitude, with an endemic skills
shortage affecting companies In this context, assessing HR issues such as employee turnover and
recruitment effectiveness has become crucial in order to maximise opportunities
- The data explosion in HR brought about by the increased use of enterprise resource programs such
as SAP has led to an increased awareness of the competitive advantages in analysing such data For example, recent partnerships between Accenture, SAP and the SAS Institute have focused heavily on HR data analysis, however the skills are lacking
- The gap in the market for a practical, hands-on book in this field, which has been dominated by books
describing the techniques but not how to apply them in practice This is especially true of the data set-up
- The financial analysis of HR (especially ROI) is currently the single most offered topic in corporate
training, indicating its popularity However, there is far more to this topic than ROI, and such training
rarely teaches the “how to” properly This book teaches the how to and covers a larger realm of financial
analysis, including economic value added, utility analysis, etc

Prof Gregory John Lee is a well-known Wits Business School speaker, lecturer, researcher and consultant in the HR and statistics fields
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ABOUT THE AUTHOR ii
PREFACE iii
PART I: INTRODUCTION TO THE NATURE OF HUMAN RESOURCE MANAGEMENT
Chapter 1 Human resource management and the HR value chain
PART II: INTRODUCTION TO HUMAN RESOURCE DATA ANALYSIS
Chapter 2 Introduction to HR data
Chapter 3 Linking HR variables through regression
Chapter 4 Assessing the impact of an HR programme or event
Chapter 5 Forecasting HR variables
PART III: ANALYSING TALENT ACQUISITION AND RETENTION
Chapter 6 Human resources planning
Chapter 7 Recruitment and selection
Chapter 8 Employee absenteeism
Chapter 9 Employee turnover
PART IV: MANAGEMENT OF COMPENSATION SYSTEMS
Chapter 10 Structuring a whole compensation package
Chapter 11 Incentive plan preparation and implementation
Chapter 12 Group incentives: Gainsharing
Chapter 13 Relative performance evaluation (RPE)
PART V: FINANCIAL ANALYSIS FOR HUMAN RESOURCE MANAGERS
Chapter 14 Financial analysis for HR
Chapter 15 Human resource ‘utility’
Appen dices
9A Inaccurate turnover data
9B More on the consequences of turnover
9C Survey for calculation of turnover costs
15A Tables for calculating the superiority of the average selectee over the
random applicant
15B Survey to calculate value of performance
REFERENCES FOR CASE STUDIES
REFERENCES FOR GENERAL TEXT
INDEX
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