Unique Skill ID: BGS160987F97BD27425C

HR Scorecard

The HR Scorecard is a specialized skill in HR management that entails developing a set of performance metrics to measure the effectiveness of HR policies and practices, aligning HR goals with the company's strategic objectives, and optimizing HR functions to drive business success. It involves analyzing key HR metrics, such as employee turnover rates, retention rates, training, and development effectiveness, and using data-driven insights to make strategic decisions that enhance organizational performance. The HR scorecard enables HR managers to demonstrate their value and contributions to the organization's bottom line by measuring and reporting the impact of HR initiatives on the company's success.

This Skill is part of Lightcast Open Skills, a library of over 32,000 skills used by schools, communities, and businesses that has become the standard language.
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