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  Tuesday, 06 January 2009
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Home arrow News arrow Ignorance of Essential Figures?

Ignorance of Essential Figures?

More than a third of HR professionals do not know the number of sick days their staff take, how long they stay in their jobs, or even the cost of recruiting staff, according to research.
Nearly three-quarters do not know how their HR data compares to industry peers, challenging the notion that HR can create a competitive advantage.

More than 460 HR professionals across a range of sectors took part in the survey.

HR cannot see its current people issues:

*Nearly half have no idea of the cost of recruiting staff
*More than one in 10 do not know how many employees work for their organisation
*A mere third agreed inducting new staff should be part of the recruitment cost
*More than one-third do not have software to manage staff information


HR cannot show how their people should be performing:

*More than a third of HR professionals do not know how many sick days their employees take each year
*More than two-thirds do not know how their organisations absence rates compare with the industry average
*More than one-third do not know their previous years employee turnover and more than two-thirds do not know how they compare to the industry average


HR cannot forecast for the future and identify recruitment and succession needs:

*More than one-third do not know their employees average length of service
*Nearly one in four do not know how many employees will retire in the next three years. "Without being able to accurately forecast future business needs, HR will only be able to feel its way not fulfil its boardroom ambition."
If you need tools to manage and analyse for business more effectively, find out for yourself how we can help...

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