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Type: HR, Report if not a HR topic
Thanks this is great
Regards
mangala
Thankx a ton Pradeep for your response, it is very informative,
Can you give us more information on what are 'critical deliverable', 'HR activity' and how to conduct 'cost benefit analysis' for the same.
Appreciate your response.
Thankx a lot Suresh for your valuable response.
These figure like Performance (%), target are calculated one eg standard or manual which we can manupulate according to our need. on what basis, these figure are decided?
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HR Scorecard
Type: HR, Report if not a HR topic
Posted 08-04-2009Reply
Can anyone tell me, what is HR Scorecard? and how it works? what all the benefits of using HR Scorecard? is it the same as HR Audit or its different from HR Audit?
Waiting for your response.
-Priyanka
Hi Priyanka
Here is the answer for your Question - What is HR Scorecard?
The HR scorecard is a method for Human Resources to position itself as a strategic planning partner with line managers and executives in the organization. A detailed and excellent book on this topic is The HR Scorecard, by Becker, Huselid, and Ulrich. This book is available on either Amazon.com or the Society for Human Resource Management's web site.
The premise for an HR scorecard is that HR should develop metrics to demonstrate how HR activities impact profitability. The process recommendedis as follows:
1) Identify the critical deliverables for Human Resources.
2) Identify HR's customers (for the deliverables).
3) Define HR activities that provide the critical deliverables (such as high-talent staffing or a retention initiative).
4) Conduct a cost-benefit analyses of activities that provide deliverables.
Lastly, it's important to ask the right questions to determine if HR is providing the appropriate deliverables. Examples of these questions are:
- How many exceptional candidates do we recruit and retain for each strategic job opening?
- How many hours of results-oriented training do new employees receive annually?
- What is the differential in merit pay between high-performers and low-performers?
Do let me know incase you need any more information. Have a great day
Warm Wishes
Pradeep
+91-09010615893
Here is the answer for your Question - What is HR Scorecard?
The HR scorecard is a method for Human Resources to position itself as a strategic planning partner with line managers and executives in the organization. A detailed and excellent book on this topic is The HR Scorecard, by Becker, Huselid, and Ulrich. This book is available on either Amazon.com or the Society for Human Resource Management's web site.
The premise for an HR scorecard is that HR should develop metrics to demonstrate how HR activities impact profitability. The process recommendedis as follows:
1) Identify the critical deliverables for Human Resources.
2) Identify HR's customers (for the deliverables).
3) Define HR activities that provide the critical deliverables (such as high-talent staffing or a retention initiative).
4) Conduct a cost-benefit analyses of activities that provide deliverables.
Lastly, it's important to ask the right questions to determine if HR is providing the appropriate deliverables. Examples of these questions are:
- How many exceptional candidates do we recruit and retain for each strategic job opening?
- How many hours of results-oriented training do new employees receive annually?
- What is the differential in merit pay between high-performers and low-performers?
Do let me know incase you need any more information. Have a great day
Warm Wishes
Pradeep
+91-09010615893
Hi Priyanka...
Here there a nice content for HR Audit.. Check this
http://howhr.blogspot.com/2009/04/hr-audit.html
Here there a nice content for HR Audit.. Check this
http://howhr.blogspot.com/2009/04/hr-audit.html
Hi Priyanka,
This is Krishna/Mgr Hr from Bangalore. we have HR score card wherein we have 7-8 parameters on which score card has been designed. This is designed on some of basic HR process which you follow in your organization & delivery of that particular service. So they will be measuring you on the basis on that. This data maintenance & analysis happens at head office level after verifying each process in system.
Regards
Krishna
Mgr HR
kishan18@gmail.com
This is Krishna/Mgr Hr from Bangalore. we have HR score card wherein we have 7-8 parameters on which score card has been designed. This is designed on some of basic HR process which you follow in your organization & delivery of that particular service. So they will be measuring you on the basis on that. This data maintenance & analysis happens at head office level after verifying each process in system.
Regards
Krishna
Mgr HR
kishan18@gmail.com
Hi Priyanaka,
Please find the attached document on HR score card which I've done... See Sukumar's complete reply
Please find the attached document on HR score card which I've done... See Sukumar's complete reply
Thanks this is great
Regards
mangala
Hi Priyanka
Here is the answer for your Question - What is HR Scorecard?
See Pradeep's complete reply
Here is the answer for your Question - What is HR Scorecard?
See Pradeep's complete reply
Thankx a ton Pradeep for your response, it is very informative,
Can you give us more information on what are 'critical deliverable', 'HR activity' and how to conduct 'cost benefit analysis' for the same.
Appreciate your response.
Thankx a ton all of you for your positive response.
Jhawahar this site is really very useful. Kishan can you give us more clarity on 'maintenance' and 'analysis' part of this HR scorecard if you can. Sukumar this excel sheet was really very Informative.
Will invite the other Hr linken people for their contribution.
Jhawahar this site is really very useful. Kishan can you give us more clarity on 'maintenance' and 'analysis' part of this HR scorecard if you can. Sukumar this excel sheet was really very Informative.
Will invite the other Hr linken people for their contribution.
Dear Priyanka,
Please find the score card which I have developed for my company. It will definately help you.
For more information please visit www.strategy2act.com
Regards,
PVR Suresh
Please find the score card which I have developed for my company. It will definately help you.
For more information please visit www.strategy2act.com
Regards,
PVR Suresh
Dear Priyanka,
Please find the score card which I have developed for my company. It w... See Suresh's complete reply
Please find the score card which I have developed for my company. It w... See Suresh's complete reply
Thankx a lot Suresh for your valuable response.
These figure like Performance (%), target are calculated one eg standard or manual which we can manupulate according to our need. on what basis, these figure are decided?
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