Keeping in mind the pressing HR Challenges in contemporary business scenario,
HR Summit, 2011 is based on:
HR metric refers to Human Resource Metrics. It provides a number of factors that
can be measured to show how HR contributes to the business. HR is now a key role
in developing and implementing corporate strategy as well as becoming a high
value-added part of an organization. HR Metrics provides a measurement and the
analytic and data based decision-making capability to influence business strategy
with an attempt to make better decision.
Metrics are of 3 kinds:
1. Efficiency of the HR Functions
2. Effectiveness of the HR functions
3. Developing company's core competency
