HCMetrixTM
A unique analytics platform that standardizes human capital performance metrics
HCMetrixTM provides access to a unique, cloud-based computing platform that instantly transforms existing data into standardized measures of human capital performance.
According to a recent report, Members of The Conference Board that employ human capital analytics in their decision-making outperform their competitors by up to 270% on HCROI and by 14%+ on profitability performance.
As a Member of the Human Capital Center you will benefit from access to:
- A first-of-its-kind software application that allows subscribers to gain insights about the relationship between human capital performance and corporate financial performance, including measures of materiality.
- Customized interactive visual dashboards to gain insights and inform decision-making.
- Benchmarking capabilities to monitor competitive advantage.
- Easily exportable dashboards for use in reports.
- Simple, speedy, implementation/ onboarding; curate existing data with no need to create new data.
- On-demand, accurate and consistently calculated human capital metrics, in compliance with governance standards (ISO, SEC, IIRC, etc.).
Watch this video to learn more about HCMetrixTM
This version of HCMetrixTM is a Human Capital Center Member-exclusive.
For access, contact your CHRO. Sign In if your company is a Human Capital Member.
To become a member click here.
Use the platform to address core human capital analysis challenges
- What is the mix of rewards costs to the organization (base, STL, LTI, benefits, retirement, other cash rewards)?
- How effective is this rewards approach in explaining retention and attrition?
- How much of the organization's total HR expense is represented in total rewards?
- How much of the organization's total operating expense is represented in total rewards?
- Are the organization's investments in rewards correlated to corporate performance (revenue, profitability, etc.)?
- Is the organization accruing a return on investment (ROI) in total rewards?
- Does the organization practice equity in their pay practices?
- What are the organization's talent acquisition needs based on attrition rate?
- How dependent is the organization on contract workers?
- What is the diversity profile of our candidate pipeline?
- How does the organization perform on specific enterprise level materiality indicators (HCROI, HCVA, HEVA, HCMV)? Is this performance competitive to other selected organizations in our industry sector?
- How much is the organization investing in learning and development initiatives?
- Is there a relationship between what the organization invests in learning and development and attrition/retention?
- Does the organization provide training in an equitable fashion to all employee population segments?
- What is the organizations diversity composition?
- Does the organization's diversity profile correlate to financial performance indicators?
- Are all ethnic, racial and gender categories provided mobility opportunities, promotional opportunities, learning and development opportunities at the same rate?
- Is there equity in the organization's attrition experience?
- Does the organization achieve pay equity?
- Does the organization achieve equity in their recruiting experience?
HCMetrixTM Resources
HCROI Calculator : A taste of what HCMetrixTM does to show the impact of people on a company's financial performance. Learn how to use it here.
