HR Metrics
Many small businesses spend between 40% to 80% of their annual turnover on labour costs and, apart from payroll, other employee data is not tracked or reviewed on a regular basis
Like any form of business analytics, your people data can help you make better business decisions, enabling your business to continue growing. This sort of data includes:
- Labour turnover data, helping you identify trends such as why or when people leave your business
- Absence tracking can highlight attendance patterns across different work areas or job roles
- Recruitment metrics highlight where your best applicants come from and how long it takes you to fill certain vacancies
- Employee engagement statistics highlight job satisfaction levels across your business
Gathering this sort of data does not have to be complicated or time consuming and, having the ability to focus on facts, means that you can make better and more confident decisions about how you manage the people in your business
As a Breathe certified partner, if you want a cost effective way to develop you own HR metrics, we can introduce you to people admin software your team will love
Are you interested in finding out more about Breathe - sign up for a 14-day free trial here
If you want to know how to make Breathe work best for your business, call 01530 835 568 to arrange a free 30-minute Zoom call
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