The HR Audit Approach to review HR effectiveness and identify HR gaps

 

Tools include :  

 

  • Reporting from HRIS systems and comparing trends over time

  • Specific KPI indicators

  • Customer and Key Stakeholder Satisfaction Results

 

Variables :  Can be both qualitiative and quantitative

 

Examples

 

  • Human Resources (staffing)

  • Indusrial Relations

  • Performance Management

  • Compensation

  • Equal Employment Opportunity and Diversity

  • Learning and Development 

  • WHS

  • Succession Planning

 

OVERALL EFFECTIVENESS:  

 

  • Staff turnover

  • Abseenteeism Rate

  • Ratio capita revenue to capita cost

  • Net Income per employee, ROI

 

 

The Analytical Approach

 

1)  The determination of an HR Program/Practice having achieved its intended effect

2)  Estimating Financial costs and benefits of HR Program/Practice

 

Requries Cost Benefit Analysis, HR Accounting, ROI measurement, Human Capital Management techniques