Question

What are the two ways to track HR Metrics?

Answer 1

Step-by-step explanation:

Workforce Headcount: This metric simply refers to the number of people in your organization at any given time. It can be reported either as headcount

Demographics and Diversity: In addition to headcount, it’s essential to describe your workforce across various attributes such as age, gender, team, and location. This information is valuable for evaluating and reporting on diversity and inclusion efforts.

Answer 2

Quantitative and qualitative measurements are the two main ways to track HR metrics. Quantitative metrics involve specific numbers and data, while qualitative metrics involve subjective information.

Step-by-step explanation:

There are two main ways to track HR metrics: quantitative and qualitative measurements. Quantitative metrics involve measuring specific numbers and data, such as turnover rate, employee productivity, and time-to-fill job positions. These metrics provide objective and measurable information about HR performance. On the other hand, qualitative metrics involve gathering subjective information through surveys, interviews, and feedback, such as employee satisfaction, engagement, and morale. These metrics provide insights into the overall employee experience and can help identify areas for improvement.