Possible Pitfalls, Evaluation, and Metrics
Provide metrics that are relevant to the organization – metrics that matter to the CEO or CFO and all other leaders in the organization.
Discussion #1
Give an academic definition of the term metric (with an in-text citation and full reference). Discuss why, in general, metrics are important for HR professionals to report. Respond to at least one classmate.
Discussion #2
Share the following:
A metric you are considering for the next assignment (typically a metric is an outcome and is presented as a percentage or index).
What the metric tells the organization about the effectiveness of the total rewards program or a specific reward
How the metric helps to support the organizational capabilities (what the organization does best) or how the metric helps to support the employee competencies (the knowledge, skills, and abilities)
How the data for the metric will be collected (for example, through an electronic survey, exit interviews, data from the Human Resource Information System (HRIS), focus groups or something else)