In a short paragraph, discuss how an HR team might use metrics to justify increased compensation spending...

90.2K

Verified Solution

Question

Operations Management

Ina short paragraph, discuss how an HR team might use metrics tojustify increased compensation spending as a less-costly strategy.Please be specific.

Answer & Explanation Solved by verified expert
4.0 Ratings (532 Votes)
The metrics used by the HR department to evaluate strategies include absence rate cost per hire training cost per employee turnover rate timeto hire and return on investment for the employees While justifying an increased compensation spending as a less    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students