What is its importance to HRM and strategic decision-making?
Discipline: Business Studies
Type of Paper: Essay (any type)
Academic Level: Undergrad. (yrs 3-4)
Paper Format: APA
Question
Instructions
P1: Workforce and Staffing Metrics
Efficiency of Workforce and Job Satisfaction (Quantitative)
Diversity and Minority Composition within the Workforce (Quantitative)
Efficiency of Recruitment and Selection Systems (Quantitative)
Understanding the Applicant Experience and the Exit Interview (Qualitative)
P2: Training Metrics
Training and ROI (Quantitative)
Employees and Training Coverage (Quantitative)
Need for, Awareness of, and Quality of Training (Qualitative)
Please answer each question for both all workforce and staffing metrics AND all training metrics (list above)
What can each metric demonstrate? What is its importance to HRM and strategic decision-making?
What would be learned from statistics derived from this metric?
Where might one find (or collect) the raw data for this metric? How would you implement tracking this metric in an organizational dashboard/balanced scorecard?
What, if any, potential difficulties might create challenges in tracking this metric?
