HR Data - Adding Value to Business
1 day face-to-face course (Ref: DVB09w) :: Price - £397 + VATCourse Aims
At the end of this course, delegates will be:
- Be able to identify how they can add value to their organisation through using data
- Have examined a range of people-related data and how this can be used to check how effectively the HR function and the organisation as a whole are managing people
- Be able to identify the benefits of targeting, measuring and tracking
- Feel more confident in using HR statistics
Who would benefit?
HR professionals wishing to demonstrate the bottom line value of HR to their business.
Course Content
Labour turnover (LTO) and retention
- How to measure it
- What does LTO cost - financial and non-financial?
- How to measure the effectiveness of your Recruitment & Selection process and identifying areas for improvement
Attendance and timekeeping
- Importance of HR, Payroll, Finance & Line management working together
- What does absence & poor timekeeping cost - financial and non-financial?
- Links to other factors - Health & Safety, Bullying & Harassment, ineffective management
- How to capture and use the data to manage proactively
- Developing an attendance policy
Staff Costs
- The key components of staff employment costs
- Basic salary, bonuses & other performance related costs, benefits, statutory on-costs.
- How does this relate to budgets, sales, income, profits?
- How do your salaries compare to the market?
- How to access salary survey data & make sense of it
Demographics
- Are you monitoring workforce demographics eg age, gender, race, religion, marital status.
- What are the implications for future workforce planning?
- How well is your organisation doing on equality of opportunity & diversity?
Training & Development
- How much is going on right now?
- How much does it cost - direct & indirect costs?
- What impact is it having on the organisation?
- How is it linked to performance management?
- Identifying talent and skills for the future.
Employee Relations
- The cost of ET claims and settlements, grievances and appeals
- Impact on morale and employer brand/reputation
- How effective is your grievance and appeals process?
- Identifying areas for improvement
