With the ability to manage and interpret data becoming increasingly vital for HR professionals, new analysis from XpertHR Benchmarking reveals the five most valuable HR data sets for 2015.
The slide show above displays the five most frequently accessed HR metrics by users of XpertHR Benchmarking over the past year – including the mean, median and upper/lower quartiles – plus an overview of the headline readings on these metrics from XpertHR’s key benchmarks dashboard.
Top 5 HR data metrics for 2015
The structuring and resourcing of HR departments is a key concern for the profession, with the ratio of employees to HR staff heading the list of the metrics. Many organisations accelerated the streamlining of HR departments during the recession, and this process remains ongoing in some sectors. But across the whole economy, the median number of employees per HR staff member fell from 118 in 2007 to 70 in 2014, XpertHR analysis finds.
Rates of labour turnover and sickness absence are also high on the HR data agenda. Long-term analysis of these metrics reveals that absence rates have fallen since the start of the recession, while turnover rates are edging up as economic recovery drives a strengthening labour market.
XpertHR Benchmarking editor Michael Carty commented: “The selection of the top metrics sought by XpertHR Benchmarking users in 2014 covers a diverse range of topics.
“This reflects the need for reliable and up-to-date figures to inform decisions on the full spectrum of people management activities.”
XpertHR Benchmarking users are able to access and drill down into the complete results for each of the top five HR metrics and more than 5,000 further HR data points from more than 150 survey data sets.