HR Metrics Accelerate Small Business Growth

HR Metrics Accelerate Small Business Growth

HR metrics reveal how well you are managing your people. Small businesses can rev up growth by tracking metrics and using them to make better decisions.Using a scientific process to make business decisions is a best practice used by successful companies. HR metrics reveal trends on a granular level. They show you what changes to make in how you manage employees.

There are potentially serious consequences:
· Employees can commit hours theft without detection·
· Customers receive poor service because too few
employees are scheduled
· Employee paychecks are inaccurate because
of undetected missed punches
· You don’t know if your training programs are
worth the cost
· You don’t know if your employees are using
their benefits
· You underbid jobs because you don’t know
how many labor hours they will require