HR Metrics that Matter
How CHROs and HR leaders can leverage data to elevate their seat at the executive table.
CHROs have an opportunity to leverage their position as financial stewards of the largest item on the P&L sheet: employees. To do so, they need to tell a compelling, data-driven business story about their function. By applying analytical rigor and reporting to their role, CHROs can evolve themselves into a "Chief Human Financial Officer" on par with the CFO, CMO, and CRO in board meetings.
CHRO -> CHFO
5 HR metrics for the 'Chief Human Financial Officer'
"What do we look like today?"
What should we look like? When can we achieve that target?"
"Have we achieved equal pay for equal work? What is our unadjusted pay gap?"
"At what rates do specific groups move up in the company?"
"At what rates do specific groups leave the company?"