Discover the Final Bill Format for HR that Simplifies Your Processes

Final bill format for HR

welcome to HR insights where I simplify human resource concept on today's episode I'm going to be discussing how to create HR report for beginners are you new to human resources or just curious about HR analytics this is the video for you in this video I'm going to be breaking down the basics of HR reports we'll look at the functions of an HR report we look at the common types of HR reports that are available and we'll dive into the various tips to create your own HR reports so let's get started before I dive into how to create your own HR report it's quick enough for me to Define what an HR report is HR reports are data driven documents that provide insight into various aspects of an organization's Workforce they help HR professionals and Business Leaders to make informed decisions that are based on facts and figures by creating an HR report you you are presenting the fact and the figures and this fact and figures will be useful to take data-driven decisions in the best interest of the employees as well as the organization HR reports are very important especially for beginners and here are a few compelling reasons one Workforce monitoring keeping records of your employee ad count is very critical to spot Trends in real time two management information if there are no regular reports that have been presented in terms of the people data and Workforce data it's very difficult for organizations to be able to take decisions and that takes us to the third reason data driven decisions now there are a few strategic decisions that organizations will need to take and it becomes difficult if there are no data to back it up organizations do not run on emotions they run on data and it is your people data your HR report that would give backing in terms of data-driven decisions that are strategic to the organization common types of HR reports recruitment reports your recruitment report would help to track the progress of your hiring efforts from job posting to onboarding uh metrics you'll be interested in in a recruitment report would be your cost per higher and time to productivity then we also have turnover and retention reports this helps to understand why employees leave and how to retain top talent and interesting metrics to be tracked under your turnover retention report will be a turnover rate your retention rate and average cost of turnover also we have your diversity and inclusion report the diversity and inclusion report helped to measure diversity and assess inclusiveness effort in the organization or within the workforce as it were then interesting metrics to track here is your Workforce demographics your gender pay Gap interestingly in some countries such as the United States and Canada United Kingdom gender pay Gap is is starting to report that must be done on an annual basis then we have training and development report for training and development report this helps us to measure the effectiveness of your training and development initiative within the organization and interesting metrics to track are your core training course by employee and your training return on investment Roi and we also have Employee Engagement report your employee have gave me a report help you to measure the effect of Employee Engagement initiative within the organization and the interesting metrics to track under Employee Engagement report would be are your employee satisfaction index and the popular employee net promoter score enps creating an HR report can be daunting but it doesn't have to be here is a simple process for you to follow one gather data the starting point is where is my HR data am I working with the employee account or demographic information or am I doing a particular survey that I need data from gather your data two choose a reporting tool in order for you to be able to report your HR data you could use an HR software to do that or you could use your native Microsoft Excel to create your reports three design your report remember in designing your reports a picture speaks louder than a thousand words which means you must make the HR data you've gathered to be visually appealing and you can do that by using graphs charts and tables in your design because that helps you to present your report effectively four analyze and interpret it is not just enough to do the report choose your tool and visually represent it in a data visualization form you need to be able to analyze the no numbers you need to be able to interpret and show Insight what decisions can be taken based on the data that you have visualized and you have analyzed you need to draw Insight from there and five you now need to share and collaborate this is the stage at which you share your report with your stakeholders and your management team because it is actually very critical to get feedback from them based on what decision you want them to take on the data you have presented to them HR reports are powerful tools that drive positive changes within our organization they help organizations to take this is based on facts and figures and not emotion and they are also very critical because the decisions will be beneficial to the employees and the organization as well if this video has been helpful so far I'm sure you will find this particular video helpful as well feel free to drop your questions if you have any in the comment section below and let the conversation continue