HR Reporting and Its Types
  • By: SHRMpro Bureau
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November 28, 2022

The majority of business groups place a high value on reporting. It’s crucial to be able to see and assess if objectives have been met, what is costing more than anticipated, and where you could be falling short. To oversee all these, you can always rely on the best HR Management software in India– SHRMpro!

HR reporting offers relevant information about workers since HR stands in for the human component of a corporation. The information supplied by HR metrics helps your company to meet its objectives and make educated decisions about everything from employee performance to retention and earnings per employee.

Learn more about HR reports and how SHRMpro can help your company flourish by reading on.

How do you prepare an HR Report?

Making an HR report is easy with the aid of our analytics and reporting function. Real-time data may be used to build graphs, charts, and tables that allow you to convey thorough information and findings in a beautiful, boardroom-ready fashion.

We have supplied over 20 common reports that enable you to incorporate your data in just a few seconds since we understand that time is money. If you would rather want to make your own report, the fundamental features will make it simple for you to make a beautiful report.

What are the various types of HR Reports?

Human resources have several sectors, just like every firm does. The many components of HR are broken down into parts by a number of crucial HR indicators, and each of these parts should have its own report. The five primary types of HR reports and the information they need to contain are as follows:

Report on hiring

The typical time to hire a new employee and the typical cost per hiring should be included in a recruitment report. You might also add other indicators, including the amount of applications you received for open positions, how people found out about the opening, etc. Utilise information that will guide your future employment practices.

Report on attendance and leave

Even though reporting on absence and attendance can be challenging, it’s important to know how much annual and sick leave is being consumed, as well as the reasons for taking it and when. Use the Bradford Factor to estimate absenteeism and the potential loss of productivity it might cause, then report your findings.

Report on performance management

Your organisation can determine who is performing well, who needs further training, and who should be recommended for promotion using performance management data. Include performance improvement plans, productivity reports, management feedback, and disciplinary records in your report. Meetings on performance management become far more productive and successful as a result.

Report on retention and attrition

Your company must be aware of its personnel turnover and retention rates. How much is invested on resignation, rehiring, and retraining should be considered in the analysis of these two categories. Include information on the length of time an employee worked there, the reasons they left, and further details on employee satisfaction. You may use this knowledge to create strategies to keep your best employees.

Report on training and development

If you want a skilled and motivated staff, giving employees access to training and development options is crucial. HR analytics may be used to track and evaluate on employees’ professional growth. For instance, how many employees (and more particularly, who) participated in required training? How much money went into the training? How much training do the staff members receive? How satisfied are they with the situation? Having received the necessary training, have procedures improved?

What role does HR reporting play in an organisation?

In-depth HR reporting reveals what in an organisation is effective and what is not. Reports offer useful information that may be used to set objectives and find ways to boost performance. An organisation may become better overall with the aid of HR reporting. Your reports are now capable of even generating future predictions thanks to the advancement of HR analytics above traditional reporting, making them proactive and solution-focused.

What role does HR reporting play in an organisation

 

 

If you want to learn more about our cutting-edge HR software solutions, get in touch with us right away.