Select Page

Staffing metrics , Training development metrics, Application-oriented exercise, Staffing metrics:

Staffing metrics:

 

Time-to-fill: The number of days it takes to fill a vacant position.

Cost-per-hire: The total cost of filling a position divided by the number of new hires.

Quality of hire: The performance of new hires compared to the performance of existing employees.

Retention rate: The percentage of employees who remain with the organization over a specified period.

Turnover rate: The percentage of employees who leave the organization over a specified period.

Training and development metrics:

Training completion rate: The percentage of employees who complete a training program.

Training effectiveness: The impact of training on employee performance and business outcomes.

Training cost: The total cost of developing and delivering a training program.

Employee development plan completion rate: The percentage of employees who complete their development plans.

Knowledge retention rate: The percentage of knowledge retained by employees after training.

Application-oriented exercise:

An application-oriented exercise is a training activity designed to help employees apply the knowledge and skills they have learned in training to real-world situations. This type of exercise typically involves hands-on practice, role-playing, case studies, or simulations. The goal is to help employees transfer their new knowledge and skills to their work and improve their performance on the job.

For example, if an organization provides sales training to its employees, an application-oriented exercise could involve role-playing sales scenarios, where employees practice using the skills they learned in the training to sell a product or service to a customer. This type of exercise can help employees develop confidence, identify areas for improvement, and apply their new knowledge and skills to real-world situations.

Dashboards: few key excel Add-ins/ Functions to help create dashboard

Excel is a powerful tool for creating dashboards that allow you to quickly and easily visualize data in a variety of ways. Here are a few key Excel add-ins and functions that can help you create effective dashboards:

PivotTables: PivotTables are one of Excel’s most powerful features for analyzing and summarizing large amounts of data. They allow you to quickly group and filter data, calculate subtotals and totals, and create pivot charts to visualize your data.

Conditional formatting: Conditional formatting allows you to highlight important data points in your dashboard by applying formatting rules based on specific criteria. For example, you can use conditional formatting to highlight cells that contain values above or below a certain threshold, or to color-code data based on its value or category.

Sparklines: Sparklines are mini-charts that can be inserted into individual cells to give a quick visual representation of your data. They are great for showing trends and patterns in your data, and can be easily customized to match the style of your dashboard.

Data validation: Data validation allows you to control the types of data that can be entered into a particular cell or range of cells. This can be useful for ensuring that data is entered correctly, and can help prevent errors in your dashboard calculations.

Macros: Macros are small programs that can automate repetitive tasks in Excel, such as formatting data or generating charts. They can be a powerful tool for creating custom dashboards that are tailored to your specific needs.

Overall, by using these Excel add-ins and functions, you can create dynamic, interactive dashboards that help you quickly analyze and make decisions based on your data.