HR Analytics - Day 2 Notes

📊 HR Analytics - Day 2

Ghaziabad, Mohan Nagar

🔄 Different Phases of HR

Phase 1: Job Posting

  • Internal Hiring: Recruiting from within the organization
  • External Hiring: Recruiting from outside the organization

External Hiring Process: Recruitment

Example Scenario: 1000 resumes received for 2 job positions

Step 1: Short Listing - ATS (Applicant Tracking System)

From 1000 resumes → ATS shortlists → 100 candidates

⚠️ Critical Point: Selection of wrong candidates = Loss of time

KPI Metrics for Recruitment:

CV Receive vs Selection Ratio = 5/1000 = 0.5%

Selection Ratio

Individual HR performance metric

Target Selection

Planned hiring goals

Average Selection Ratio

Overall hiring efficiency

Selection vs Rejection Ratio

Quality of screening process

📚 Induction & Training Phase

Types of Training:

  • Induction Face Training: Every department's trainer introduces their department's work
  • OJT (On the Job Training): Under manager training - hands-on experience
  • Duration: 1 month induction training, mostly for freshers
  • Focus: Induction training learning outcomes for freshers

🎯 Department Handover & Performance Review

Induction Complete
→
Hand Over to Department
→
Monthly Review

Performance Review System:

Each employee receives a monthly performance grade/score

Inter Department Review: Review across different departments
Intra Department Review: Review within the same department
360 Degree Review: Comprehensive review form by top management covering all aspects

💰 HR Payroll Department

Compensation Management

CTC (Cost to Company): Salary range decided by HR department

Important Financial Terms:

  • Cash Burn Ratio: Rate at which company spends its capital
  • Unit Price Economics: Cost-benefit analysis per unit/employee
  • Outliers: Data points beyond the normal pattern

📈 Essential KPI Words

Total Active Employee

Current working employees

Total Inactive Employee

Ex-employees or on leave

Last Month's Attrition Rate

Previous month's exit rate

Employee Average Rate

Mean employee metrics

Attrition Rate

Overall employee turnover

Drafted by: HR Prateek Sharma

Day 2 - HR Analytics Training

© Ghaziabad, Mohan Nagar

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