New Ways to Measure HR Performance

Technology is fast becoming the indispensable tool for Human Resources professionals in North America. Analyzing data has always been the bedrock of good management; now there is a way to take large amounts of data—often from disparate sources—to gauge effectiveness of HR productivity.

Innovative HR programs such as Software as a Service (SaaS) are rising to provide well-grounded information in a timely, efficient manner. From accurate benefit data to increased productivity to monitoring HR costs, this new generation of online software offers a way to understand how to create incentives, hire the best people and streamline the onboarding process.

All this with a considerable savings, to boot!

From a post by Derek Sankey for the Calgary Herald:

“Human capital metrics (HCM), or workforce analytics, are technology solutions that bring together a wide variety of information from disparate, in-compatible systems and make sense out of it.

The goal is to help man-agers and decision-makers more effectively understand labour costs, whether it’s the cost to hire a new employee, how to improve business functions to boost productivity or the “real” cost of turnover …”

Read the entire article—A New Way to Measure Performance—at

Image: Courtesy of

Published by @philammann

Put. That coffee. Down. Writer/editor/whatever it takes. @margaretj13 is my (much) better half. Website: Email: Twitter: @PhilAmmann

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Theme Park Tribune

Award-winning theme park news

Theme Park Tribune

A Little Of This, A Little Of That

The Florida Squeeze

Florida Politics, History and Society since 2013

%d bloggers like this: