The best way to demonstrate the value of your performance management system is to link it to business impact. To do so, learn how to calculate the cost of employee turnover, engagement, and productivity, and use these key performance indicators (KPIs) to measure the return on investment (ROI) of your new performance management system.
In part one of this article, we looked at some ways that you can become a data driven recruiter. Let’s look at topics like KPI and budget planning.
Almost 75% of recruiters do not use data driven processes for making decisions. There are many reasons why this happens and one of them is intimidation. They rely only on other human resources strategies. The work is done manually.