Learn to measure, analyze, and optimize HR performance with key metrics, analytics, and data-driven decision-making
| Course Details | |
|---|---|
| Title | HR Metrics & Analytics: Data-Driven HR Decision Making |
| Category | Business |
| Sub Category | Human Resources |
| Creator Name | Mike Pritula |
| Language | English |
| Rating | 4.25 |
| Length | 2:54 Hours |
Description
The “HR Metrics” course at Mike Pritula Academy is designed to equip HR professionals with the skills to analyze and improve all HR processes using data-driven metrics. By understanding and applying these metrics, HR practitioners can assess the effectiveness of their processes, manage improvements, and demonstrate their value within the organization.
Course Highlights:
• Comprehensive Curriculum: The course consists of six recorded lessons, each accompanied by practical homework assignments reviewed by Mike Pritula. Topics include the role of metrics in HR management, recruitment and onboarding metrics, motivation and engagement metrics, compensation metrics, employee development and performance metrics, and employee retention and turnover metrics.
• Interactive Support: Enrollees gain access to a dedicated Q&A chat to discuss topics, share experiences, and receive support from peers and the course facilitator.
• Certification: Upon successful completion of the course and assignments, participants receive a diploma, enhancing their professional credentials.
Course Program:
1. Why HR Metrics are Needed and What Metrics to Track:
Understand the role of metrics in HR management, sources of HR metrics, necessary tools for analysis, types of metrics and analysis, stages of metrics analysis, and how to translate metrics into business solutions.
2. Recruitment, Employer Brand, and Onboarding Metrics:
Learn key recruitment and onboarding metrics, the concept of Recruiting SLA, funnel analysis using metrics, employer brand strength analysis, improving onboarding with metrics, using surveys to collect data, and calculating the cost of closing vacancies.
3. Motivation, Loyalty, Satisfaction, and Engagement Metrics:
Explore the link between metrics and business performance, tools for measuring motivation, loyalty, satisfaction, and engagement, preparing metrics reports and action plans, ready-made questionnaires, automated tools for regular measurements, and the importance of pulse questionnaires.
4. Pay Metrics (Wages, Incentives, Salary Reviews):
Discover how to obtain market data, which metrics to analyze, assessing salary competitiveness, evaluating incentive system effectiveness, calculating the required percentage of salary review, structuring pay across locations, preparing payroll budgets and analysis, and evaluating company EVP.
5. Metrics for Employee Development and Performance:
Identify metrics that assess employee performance, evaluate training programs, measure employee development and career paths, and metrics for working with high-potential employees and talent pools.
6. Employee Retention and Turnover Metrics:
Learn how to calculate turnover, analyze turnover in different segments, forecast turnover, identify real causes of turnover using regression analysis, estimate employee retention rates, and implement exit interviews and retention surveys.
Who Should Enroll:
This course is ideal for HR professionals who want to learn how to work with HR metrics and analyze them to drive improvements. It’s particularly beneficial for those seeking practical tools and strategies to enhance their organization’s HR processes through data-driven decision-making.
Benefits of the Course:
• Practical Tools: Gain a ready-made set of metrics and an understanding of how to use them effectively, including various document and questionnaire templates.
• Career Advancement: HR professionals who monitor metrics can improve their performance and, as a result, are valued more within their organizations, leading to potential career growth.
• Expert Instruction: Learn from Mike Pritula, an experienced HR leader who provides clear, practical insights applicable to real-world situations.
By enrolling in this course, participants will acquire the knowledge and skills necessary to analyze and improve HR processes using data-driven metrics, thereby enhancing their effectiveness and contributing to organizational success.
