HR metrics are an invaluable tool for evaluating the efficiency and effectiveness of a number of core functions in the organization. HR metrics help the organization to assess the value and contribution of the organization’s core, its human capital, in achieving the business objectives, in a measurable manner. It should ideally help turn the organization’s focus on how management and compliance practices eliminate risks and raise productivity from both an individual and collective standpoint.
However, for HR metrics to serve this purpose, it should never be designed in a one-size-fits-all fashion. This is quite understandable, because the dynamics and peculiarities of each organization vary from those of another. HR metrics should not only be tailored to the needs of each organization’s unique needs; they should provide data with which the organization can evaluate human capital outcomes.
Ronald Adler, the president-CEO of Laurdan Associates, Inc., will, at a webinar being organized by TrainHR, a leading provider of professional training for all the areas of human resources, explain what factors to take into consideration when building HR metrics that are strategic, operational, and transactional.
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At this valuable ninety minute session, which is being organized on November 22, Ronald will explain the ways of putting in place HR metrics that help identify legal and statutory non-compliance, which may result in fines, penalties, debarment, and lost business opportunities. These HR metrics are also designed to help organizations measure their worth as an employer and the ability to attract and retain top performers.
More importantly, Ronald will help organization how to transition the HR metrics to Business Analytics, which will help it to assess the various risks it is up against. He will explain the role of HR related Key Compliance Indicators (KCIs) for use as an element of a continuous audit process that provides assurance of compliance.
The expert will cover the following areas at this webinar:
- Gain an understanding of key HR metrics
- Be able to identify and assess the strategic and operational impact of HR metrics
- Learn the role of metrics in measuring and communicating value
- Review the basics of using HR metrics in assessing human capital related risks
- Learn how HR metrics improve strategic and operational decision making
HR Professionals, Internal and External Auditors, Risk Managers, CEO’s, and CFO’s are among the personnel that will benefit from this session.
About the Expert:
Ronald Adler is the president-CEO of Laurdan Associates, Inc., a veteran owned, human resource management consulting firm specializing in HR audits, employment practices liability risk management, HR metrics and benchmarking, strategic HR-business issues and unemployment insurance. He is a co-developer of the Employment-Labor Law Audit (the nation’s leading HR auditing and employment practices liability risk assessment tool.
A certified instructor on employment practices for the CPCU Society, Ronald has conducted continuing education courses for the AICPA, the Institute of Internal Auditors, the Institute of Management Consultants, and the Society for Human Resource Management.