Please, can anyone help me with preparing an HR scorecard design? I need to create one for Essar Telecom, but I have limited knowledge about it. I would be extremely grateful for any assistance. Kindly email me at swati_shetty123@yahoo.co.in.
From India, Mumbai
From India, Mumbai
Dear Swati,
Here, you can go through the fundamentals of an 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.
The premise for an HR scorecard is that HR can and should develop metrics to demonstrate how HR activities impact profitability. The process we recommend is 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 analysis of activities that provide deliverables.
The last phase is to evaluate the functionality of HRD through the customers. For HRD, customers are employees, so prepare an evaluation form and request the necessary feedback from the employees. Examples of these questions are:
A. How many exceptional candidates do we recruit and retain for each strategic job opening?
B. How many hours of results-oriented training do new employees receive annually?
C. What is the differential in merit pay between high-performers and low-performers?
Let me know for more information!
This information is being sourced from the internet.
Best Regards,
Shiv
From India, Bangalore
Here, you can go through the fundamentals of an 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.
The premise for an HR scorecard is that HR can and should develop metrics to demonstrate how HR activities impact profitability. The process we recommend is 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 analysis of activities that provide deliverables.
The last phase is to evaluate the functionality of HRD through the customers. For HRD, customers are employees, so prepare an evaluation form and request the necessary feedback from the employees. Examples of these questions are:
A. How many exceptional candidates do we recruit and retain for each strategic job opening?
B. How many hours of results-oriented training do new employees receive annually?
C. What is the differential in merit pay between high-performers and low-performers?
Let me know for more information!
This information is being sourced from the internet.
Best Regards,
Shiv
From India, Bangalore
Hi Swathi,
Please go to https://www.citehr.com/98008-what-balance-score-card.html and see; there is quite a bit of information.
Simhan
From United Kingdom
Please go to https://www.citehr.com/98008-what-balance-score-card.html and see; there is quite a bit of information.
Simhan
From United Kingdom
Hi Swati, I have information on HR Score card in attachment. I hope this will enable you to develop good HR Scorecard. Regards Abraham
From Saudi Arabia
From Saudi Arabia
Hi there,
I am in need of assistance with designing the HR scorecard for my MBA project focused on the HR department of a hospital. I need to submit this project promptly, so your help would be greatly appreciated. Thank you!
From India, Surat
I am in need of assistance with designing the HR scorecard for my MBA project focused on the HR department of a hospital. I need to submit this project promptly, so your help would be greatly appreciated. Thank you!
From India, Surat
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