The only HR metrics that execs don’t consider to be dreaded “so what metrics” are bus. impact metrics.
A Think Piece – for getting HR leaders to begin adding business impact metrics.
Few within HR realize it. A whopping 70% of all variable business costs can be expended on employee compensation and benefits. Yet despite being literally the most costly among all business functions, the rewards function is only listed 7th in the definitive BCG study that quantified each HR area’s business impacts on revenue and profit.
And because the compensation function also routinely has the worst “dollar spent