Growth of the HR Metrics Center Leads to New HR Benchmarking Features
The HR Metrics Center is the first web site to provide human resource professionals with the ability to build metrics on-line and benchmark against a dynamic on-line survey.
Toledo, OH (PRWEB) November 17, 2008
The HR Metrics Center, an on-line business service for human resource professionals, announced new benchmarking tools and information for human resource professionals. The new benchmarking data includes benchmarking results by company size and by twelve industry sectors.
The HR Metrics Center now provides the capability to build and benchmark over forty important human resource metrics. Members have the capability to benchmark these metrics against other organizations based on company size and twelve industry sectors: construction, natural resources and energy; education; entertainment, media and broadcasting; finance, insurance and real estate; healthcare; leisure, hospitality, and food service; manufacturing; professional and business services; other services; retail and wholesale trade; technology; transportation and warehousing.
Craig Lawson, President of HRMC LLC, stated, "Companies are always faced with important business decisions. The state of our economy makes the HR planning and decision making process more crucial then ever. We believe the metrics and benchmarking capabilities provided by the HR Metrics Center can make a vital contribution to a HR professional's planning process."
The use of metrics and benchmarking in human resources is expected to grow tremendously in the coming years. A recent Conference Board survey indicated that of 104 surveyed human resources executives at medium to large companies, only 12 percent make use of people measures to meet their strategic targets. However, over the next three years, 84 percent of that same group expects to increase the use of human capital measurements.
The HR Metrics Center is the first web site to provide human resource professionals with the ability to build metrics on-line and benchmark against a dynamic on-line survey. The site's tools include MetricsPro, ScorecardPro and BenchmarkPro, which provide member companies with the ability to build, report on and benchmark human resource metrics. More information regarding the HR Metrics Center, including information on membership, is available at http://www. hrmetricscenter. com (http://www. hrmetricscenter. com).
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