HR Scorecard
HR Scorecard
HR Scorecard
BY:
Himanshu Saluja
Rhythm Gupta
Tushar Punj
Rishita Sharma
INTRODUCTION
An HR scorecard is a visual representation of
key measures of human resource
department achievements, productivity and
other factors important to the organization.
Comparison with previous data figures
FACTORS
COST
HIRING
TURNOVER
ALIGNMENT WITH CORPORATE
GOALS
HR Scorecard
Implementation
It has seven steps model:
Clearly defining business strategy
Building a business case for HR as a
strategic asset
Develop HR Architecture
Identifying HR deliverables within the
strategy map
Aligning HR architecture to HR
deliverables
Designing the strategic HR measurement
system
Implementing management by
measurement.
Perspectives of HR
Scorecard
The development of an HR
Scorecard must be done with four
perspectives in mind as follows:
A financial perspective
A customer perspective
An internal perspective
A learning perspective
HR Strategy Map
Drive Long term
Shareholder Value
Enhance Internal
Internal Create Positive
Customer (Employee)
Customers Work Environment
Satisfaction
Shareholder value
Drive Long term
Shareholder Value Shareholder value growth
Progress of HR Portal
Deploy HRIS System Implementation (actual vs. plan)
Accuracy Level of HR Database
HR Scorecard Pros and
Cons
Pros:
Provide a focus
Show HR contributions
Identify areas for manageable growth
Cons:
Subjectivity
Inaccuracy
Interpretation
Thank You