What Are HR Metrics and Why Are They Increasingly Important

question 73

Essay

What are HR metrics and why are they increasingly important to organizations?

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Definitions:

Continuous Variables

Variables that can take on an infinite number of values within a given range.

Ratio Data

Ratio data is a type of quantitative data that enables the measurement of variables in defined units, allowing for a full range of descriptive statistics, including true zero values and proportional comparisons.

Nominal Variables

Variables that represent categories with no inherent order or ranking among them.

Counts

The act of determining the total number of items or occurrences of something.