HRM - Job-Enrichment & HR Metrics: Session-6 Prof. Sandeep Gundeti Iibm
HRM - Job-Enrichment & HR Metrics: Session-6 Prof. Sandeep Gundeti Iibm
Metrics
Session-6
Prof. Sandeep Gundeti
IIBM
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Prof. Sandeep Gundeti
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Prof. Sandeep Gundeti
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Job enrichment
Redesigning jobs in a way that increases the
opportunities for the worker to experience feelings
of responsibility, achievement, growth, and
recognition.
1 March 2016
Job rotation
Moving a trainee from department to
department to broaden his or her experience
and identify strong and weak points to prepare
the person for an enhanced role with the
company
Systematically moving workers from one job to
another to enhance work team performance.
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Prof. Sandeep Gundeti
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Prof. Sandeep Gundeti
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Prof. Sandeep Gundeti
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HR Metrics
Absence Rate
[(Number of days absent in month) (Average number of
employees during mo.) (number of workdays)] 100
HR Expense Factor
HR expense Total operating expense
Sources: Robert Grossman, Measuring Up, HR Magazine, January 2000, pp. 2935; Peter V. Le Blanc, Paul Mulvey, and Jude T.
Rich, Improving the Return on Human Capital: New Metrics, Compensation and Benefits Review, January/February 2000, pp. 13
20;Thomas E. Murphy and Sourushe Zandvakili, Data and Metrics-Driven Approach to Human Resource Practices: Using Customers,
Employees, and Financial Metrics, Human Resource Management 39, no. 1 (Spring 2000), pp. 93105; [HR Planning, Commerce
Clearing House Incorporated, July 17, 1996;] SHRM/EMA 2000 Cost Per Hire and Staffing Metrics Survey; www.shrm.org.
HR Metrics (contd)
Human Capital ROI
Revenue (Operating Expense [Compensation cost + Benefit
cost]) (Compensation cost + Benefit cost)
Revenue Factor
Revenue Total Number of FTE
Time to fill
Total days elapsed to fill requisitions Number hired
Sources: Robert Grossman, Measuring Up, HR Magazine, January 2000, pp. 2935; Peter V. Le Blanc, Paul Mulvey,
and Jude T. Rich, Improving the Return on Human Capital: New Metrics, Compensation and Benefits Review,
January/February 2000, pp. 1320;Thomas E. Murphy and Sourushe Zandvakili, Data and Metrics-Driven Approach to
Human Resource Practices: Using Customers, Employees, and Financial Metrics, Human Resource Management 39,
no. 1 (Spring 2000), pp. 93105; [HR Planning, Commerce Clearing House Incorporated, July 17, 1996;] SHRM/EMA
2000 Cost Per Hire and Staffing Metrics Survey; www.shrm.org.
HR Metrics (contd)
Training Investment Factor
Total training cost Headcount
Turnover Costs
Cost to terminate + Cost per hire + Vacancy Cost + Learning
curve loss
Turnover Rate
[Number of separations during month Average number of
employees during month] 100
Procedural justice
The fairness of the PROCESS by which the
decision was reached.
Individual factors
Organizational factors
The bosss influence
Ethics policies and codes
The organizations culture
An appeals process
The right of the employee to grieve the decision helps to
ensure that supervisors mete out discipline fairly and
equitably.
Employee Privacy
Employee privacy violations upheld by courts:
Background checks
Monitoring off-duty conduct and lifestyle
Drug testing
Workplace searches
Monitoring of workplace
Improve productivity.
Protect from computer viruses
Detect leaks of confidential information
Guard against liability for illegal acts and
harassment suits caused by employee misuse
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