Human Resource professionals are using HR metrics to evaluate the performance of critical areas of their company and make better strategic decisions. HR metrics, which measure and track the profitability of human resource performance, allow HR managers to play a pivotal role in becoming important strategic partners in the organization. HR metrics can be used in all areas within the company such as the allocation of resources, technology purchases, hiring and retention, employee performance, compensation programs and more. HR metrics focus managers on the key issues and can effectively drive the change a company needs to achieve its goals. However, this works only if everyone knows what is being measured and how they will be rewarded for meeting the goals. To be effective, the HR metrics should not just report results but show a cause- and- effect relationship. The HR professional needs to take the lead in identifying where a company's investment in human capital (its employees) can best be allocated to meet the company's goals and how to hire, develop, and retain the human capital the company needs to stay competitive now and in the future. Find out the HR metrics that are right for your organization HR.BLR.com is the most complete source for practical human resources advice and plain-English compliance analysis available anywhere. No matter what the HR topic - from sample forms to HR metrics - you’ll find hands-on help you can count on. As the laws in different states on Human Resources get more complex, keeping current can spell the difference between success and disaster for your business. The HR Library has more helpful HR metrics resources like these: Metrics: The Impact on the Bottom Line Which HR Metrics Should You Use? Staff Ratio and Expense Factor Calculator