Nigerian Seminars and Trainings

Search all upcoming seminars, conferences, short management courses and training in Nigeria and around the World

business logo

Human Resources KPIs: Benchmarking HR Performance Course

By: McTimothy Associates Consulting LLC  

Lagos State, Nigeria

11 - 12 Aug, 2022  2 day

Follow Event

  

NGN 95,000

Venue: The Professional Place: 12b, Olumoroti Street, Gbagada Phase 2, Lagos.

Other Dates

Venue Date Fee  
The Professional Place: 12b, Olumoroti Street, Gbagada Phase 2, Lagos., Lagos State, Nigeria 07 - 08 Oct, 2022 NGN95000

How can you manage what you do not or cannot measure? This course attempts to inspire HR professionals to stop just doing and start delivering. This, cannot be done unless they take the necessary step to measure the effectiveness and efficiency of their HR functions, benchmark the results internally and externally and consequently design initiatives for continuous improvement. In this course, you will learn what KPIs in general are, their characteristics and how they should be used and reported. This course will present and discuss over 50 HR KPIs that can be easily used in your job. The course will demonstrate that by measuring your HR results, benchmarking them and taking action to improve them, you will be playing the four fundamental roles of an HR business partner: strategic partner, administrative expert, employee champion and change agent. The ultimate take away of this course is the design of an HR balanced scorecard that will allow the HR department to contribute to the achievement of company strategic goals.

Course Methodology

The course uses a mix of interactive techniques such as lecturettes, group activities, numerical exercises and simulations.

Course Objectives

By the end of the course, participants will be able to:

  • Defend the metrics, measures and Key Performance Indicators (KPIs) applied to Human Resources (HR) and show the role they play in measuring the effectiveness of the HR function
  • List the KPIs that should be used in measuring HR as a function
  • Define and calculate the main KPIs that should be used to measure the efficiency of the critical processes in HR
  • Design and calculate the main formulae for evaluating the financial contribution of HR to the organization
  • Generate and calculate the employee satisfaction index and use it to measure employee and morale
  • Explain employee turnover, its types and the various formulae used to calculate it
  • Creating and implementing the HR scorecard

Target Audience

This course is targeted at human resources professionals who have been working in any HR function for at least three years. HR professionals need to evaluate and report on the effectiveness of human resources to senior management. This course will help them to do that in addition to market their image as business partners. The course is also suitable for human resources managers and senior executives who are accountable for the overall contribution of the HR function.

Target Competencies

  • Leading and supervising
  • Deciding and initiating action
  • Persuading and influencing
  • Presenting and communicating
  • Analytical thinking
  • Formulating concepts and strategies
  • Planning and organizing
  • Achieving goals and objectives

Course Outline

  • Key Result Areas (KRAs), KPIs and Targets
  • Goals, objectives and targets
  • The link between strategy and performance
  • From KRAs to KPIs, targets and balanced scorecard
  • The cascading of objectives
  • 'SMART' objectives
  • Measures and KPIs
  • The importance of measuring
  • Measures, metrics and KPIs: the main differences
  • Characteristics of 'SMART' KPIs
  • Types of KPIs
  • Common mistakes when using KPIs
  • Organizational KPIs
  • Organizational appeal and reputation
  • Salary competitiveness
  • Human value added
  • Career growth
  • Absenteeism rates and absenteeism cost
  • Employee morale
  • Financial KPIs
  • Return on human capital
  • Labor cost
  • Cost per hire
  • Cost per trainee
  • Opportunity cost
  • Supervisory ratios
  • Cost to supervise
  • Compensation and benefits
  • Process KPIs
  • Measuring efficiency of recruitment and selection
  • Measuring effectiveness of hiring
  • Using Hurdles Per Hire (HPH) to reduce the use of 'wasta' in selection
  • Using aggregate yield ratios and selection rates
  • Measuring effectiveness of appraisal systems
  • Employee Turnover
  • Voluntary versus involuntary turnover
  • Turnover versus attrition (gross and net turnover)
  • Identifying turnover metrics
  • Identifying turnover costs
  • Analyzing and interpreting turnover data
  • Healthy versus unhealthy turnover: when is turnover good for the organization?
  • Creating and implementing the HR Scorecard
  • The balanced scorecard as a strategic tool: linking people, strategy and performance
  • Creating the HR scorecard
  • Reporting HR to top management
The Professional Place: 12b, Olumoroti Street, Gbagada Phase 2, Lagos. Aug 11 - 12 Aug, 2022
The Professional Place: 12b, Olumoroti Street, Gbagada Phase 2, Lagos., Lagos State, Nigeria 07 - 08 Oct, 2022

Registration: 10:05:am - 04:00:am

NGN 95,000.00 + 4,750.00 (VAT)
(Convert Currency)

Patience 07034854045, 09080022449,08058805333

Group discount of 3-9 attracts 5%, 10 and above group attracts 10% discount

Related Courses

Driving Corporate Vision, Mission and Values Development Course Driving Corporate Vision, Mission and Values Development Course

2 day, 20 - 21 Jun, 2022 

2022-06-20 12:06:00 2022-06-20 12:06:00
Lagos State, Nigeria

McTimothy Associates Consulting LLC

This Corporate Vision, Mission and Values development training course will train you how to become a strategic thinker and then inspire and empower any team or organisation to achieve outstanding ...

Prince 2 Foundation Prince 2 Foundation

3 days, 20 - 22 Jul, 2022 

2022-07-20 12:07:00 2022-07-20 12:07:00
Lagos State, Nigeria

McTimothy Associates Consulting LLC

PRINCE2 Foundation and Practitioner Syllabus – 2017 PRINCE2 Foundation Course Overview Understand key concepts relating to projects and PRINCE2 Recall: the definition and characteristics of a ...

Emotional Intelligence for Workplace Success Course Emotional Intelligence for Workplace Success Course

2 day, 16 - 17 Sep, 2022 

2022-09-16 12:09:00 2022-09-16 12:09:00
Lagos State, Nigeria

McTimothy Associates Consulting LLC

Thousands of books and articles have been written and published about Emotional Intelligence. Yet, despite the huge amount of tips and techniques that are provided in such publications, few people ...

Improving Productivity through Quality Enhancement and Cost Reduction Course Improving Productivity through Quality Enhancement and Cost Reduction Course

2 day, 06 - 07 Jun, 2022 

2022-06-06 12:06:00 2022-06-06 12:06:00
State, Nigeria

McTimothy Associates Consulting LLC

How do organizations improve productivity? What is productivity to start with? This course presents best practices on how to boost productivity by focusing on quality and cost saving initiatives. In ...