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Magic Numbers for Human Resource Management Basic Measures to Achieve Better Results

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ISBN-10: 0470821612

ISBN-13: 9780470821619

Edition: 2005

Authors: Hugh Bucknall, Zheng Wei, Zheng Wei

List price: $45.00
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This book simply outlines a range of the key measures that any HR , financial or business manager can use to address this situation in a more business-like manner. For each definition, there is not only a description of the measure but also why it has vital significance to managing business better. It is written as a basic text book in easy to read language but with a powerful underlying message - HR managers must measure the main features of HR in order to get their voice heard at the executive table and make demonstrable impact on business operations.
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Book details

List price: $45.00
Copyright year: 2005
Publisher: John Wiley & Sons, Incorporated
Publication date: 9/30/2005
Binding: Hardcover
Pages: 192
Size: 7.50" wide x 10.50" long x 1.00" tall
Weight: 1.232
Language: English

Magic Numbers for Productivity and Efficiency
Absenteeism rate by job category and job performance
Accident costs
Average time for dispute resolution
Cost per hire
Finance staff as a percentage of total staff
Overtime hours
The HR budget as a percentage of sales
HR staff as a percentage of total staff
IT staff as a percentage of total staff
Marketing staff as a percentage of total staff
Payroll staff as a percentage of total staff
Percentage of employees making suggestions
Process-cycle time
Profit per employee
Response time per request for information
Sick-leave rate
Sick days per full-time equivalent employee per year
The cost of medical disbursement by category of ailment
Time taken to fill a job vacancy
Magic Numbers for Staffing and Learning
Staff-turnover cost by recruitment source
Employee-engagement index
Involuntary staff-turnover rate
Turnover rate by job category and job performance
Voluntary staff-turnover rate
Competency-development expense per employee
Training hours per employee
Cost per trainee hour
Percentage of employees trained, by category
Magic Numbers for Talent and Reward
Internal-hire probability
Retention rate of key employees
Range (distribution) of performance-appraisal ratings
Job evaluation
Firm salary/competitor salary ratio
Incentive compensation differential
The Black-Scholes method of calculating stock-option values
Total compensation expense per employee
Appendix 1
Appendix 2