BENCHMARKING AND METRICS

Benefits

Infohrm’s benchmarking database of over 2 million employees, coupled with our expertise in defining and publishing human capital metrics can drastically improve your measurement initiatives by:

• Establishing a ‘single version of the truth’ for workforce metrics definitions
• Creating unique metrics that reflect your organization’s human capital strategy
• Publishing data in significantly less time than with an in-house solution
• Comparing your organization’s results to credible, reliable benchmark data
• Generating critical insights on workforce productivity and performance
• Learning from the metrics experience of hundreds of Infohrm members

Features

Infohrm has developed the best data extraction, cleansing, transformation and positioning technologies available, to provide a unique service and real expertise in the market. Features of Infohrm’s benchmarking and metrics tools include:

• Access to hundreds of benchmark data points, including industry-, location-, and size-specific cuts
• A self-service, on-demand, online dashboard without the need for third-party software
• Infohrm analysis of your dashboard metrics
• Automated report design and distribution capabilities
• Key Performance Indicator (KPI) selection, measurement, and utilization support
• Custom benchmark sets based on your selection of peer companies

Services

Infohrm possesses the only transactional human capital benchmarking program in existence. Our benchmarking database of over 2 million employees is derived from a standardized calculation process applied to each member’s raw HRIS transactions. With consistent definitions, the resulting benchmarks can be cut by standard dimensions such as gender, age, or ethnic background as well as by job characteristics such as function, tenure, or salary.

Infohrm benchmarking and metrics memberships offer an unparalleled reporting capability and access to our premier human capital benchmarking database. Our metrics solution includes a KPI dashboard, an organizational metrics scorecard, external and internal benchmark comparisons, plus member networks and best practices research.

As an Infohrm member you receive our ongoing support and advice through each stage of your membership, and you join some of the world’s leading organizations who are able to turn information into insight. Over 180 clients have cemented the integral part HR plays by linking HR initiatives and interventions to the future of their organization.

The Metrics Standard: Establishing Standards for 200 Core Human Capital Measures

Consistent, well-defined measurement standards are the basis for information sharing; without them, HR often lacks credibility and confidence in the data it provides to senior audiences.

A reference guide for HR practitioners, The Metrics Standard is designed to teach organizations how to interpret and use 200 individual measures across such core HR topics as Staffing, Retention, Capability, and Organizational Effectiveness. The book defines standard formulas for each measure, evaluates what data is required to publish the metric, and offers Infohrm guidance on analyzing the results.

Practitioners can use the book to

1. Browse Measure Profiles to help structure an analytical investigation
2. Review Measure Chapters to build workforce issue scorecards populated by multiple metrics
3. Utilize the Data Sourcing summaries to critique your organization’s data availability and quality

Copies may be ordered by calling Infohrm at 202-589-2660

Looking for more ideas on how Infohrm can define, publish, and benchmark your key performance indicator metrics? Contact the Infohrm team at 202-589-2660