
The HR Audit Approach to review HR effectiveness and identify HR gaps
Tools include :
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Reporting from HRIS systems and comparing trends over time
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Specific KPI indicators
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Customer and Key Stakeholder Satisfaction Results
Variables : Can be both qualitiative and quantitative
Examples
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Human Resources (staffing)
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Indusrial Relations
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Performance Management
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Compensation
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Equal Employment Opportunity and Diversity
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Learning and Development
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WHS
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Succession Planning
OVERALL EFFECTIVENESS:
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Staff turnover
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Abseenteeism Rate
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Ratio capita revenue to capita cost
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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