Maximizing HR efficiency with an HR dashboard

A whopping 85% of employers with AI-powered HR dashboard metrics believe it saves them time.

An HR dashboard is a business intelligence tool that monitors and analyzes key stats about employee management. Much like a car dashboard that shows car health data, like speed, engine temperature, fuel, and more, the HR dashboard helps understand your employees’ engagement and health. 

It offers a clear and concise insight into the workforce’s sentiments, behavior, activity, and more. It helps HRBPs and CHROs make data-driven decisions to improve employee engagement, productivity, and overall organizational success.

This article will show how to maximize HR efficiency with a powerful, action-oriented HR dashboard solution. 

Significance of HR dashboards

HR metrics enable HR to track and analyze various aspects of employee management and make your organization more people-centric. There are several different HR metrics, and every HR metric offers insight into employee health from a different angle. 

AI-powered, comprehensive dashboards like inFeedo’s Amber help uncover employee engagement drivers, trends, and early disengagement signs and help take proactive measures.

It helps save the efforts of browsing manually through piles of survey responses for topics you care about. Amber does the heavy lifting for HRBPs, managers, and CXOs to track top keywords and raise alarms.

Amber helps you connect the dots between performance and engagement-

• Its people analytics seamlessly integrates with your existing performance management methodology.
• From turnover alerts for your high performers to engagement scores of your future leaders, it offers game-changing insights.

Puma, one of the largest sportswear brands, has been able to capture and act on employee feedback using Amber. The company saw a positive influence across 91% of factors impacting and enhancing the employee experience.

The key metrics for HR dashboards

Here are a few essential metrics to track that will provide valuable insights into your workforce's dynamics and help you make informed decisions. While there are many other metrics like training and development metrics, health and wellness metrics, and more, we will focus on only the key metrics here-

Engagement metrics 

Engagement score

Happy, satisfied, and engaged employees equate to better business outcomes. HR managers use this metric to track engagement scores and MoM (month over month) metrics. Leading institutions like GE Healthcare track and measure employee engagement across various roles using Amber by inFeedo. 

They track optimal employee performance, reduce attrition, and improve care quality to boost the overall business’s success. It addresses employee concerns, promoting a positive work culture.

Mood score

HR dashboards allow you to track employee moods as per three parameters, including company mood score (asking a set of questions to gauge the mood), benchmark mood scores (comparing individual mood scores with benchmark mood scores), filtered mood score (filtering the mood score as per department, function, manager and location).  

Engagement score across demographics

This HR dashboard metric helps measure headcount, specific nationality percentages, gender-balance percentages, and age distribution. It helps understand the company composition and track the response rate trend across demographics. 

inFeedo’s Dashboard helps generate surface reports based on demographics like location, business units, age on the network, band, circle, level, etc., at different time points.    

Survey metrics

Response rate

The response metric evaluates the participation level and ensures that the employee insights are reflected in the results. The higher the response rate, the more it ensures data accuracy, making you better understand employee perceptions.    

Response rate across demographics

The response rate provides demography-based behavioral trends and clear and concise organization-level insights on location, age, gender, etc. 

Response rate trend 

A response rate trend on employee surveys helps avoid talent attrition, reducing the percentage of employee churn rates.

Performance management metrics

Employee productivity

The HR dashboard tracks employee productivity and efficiency in accomplishing their goals. HR professionals use this metric to identify performance gaps and incorporate strategies to increase overall productivity.

Performance rating

This HR dashboard metrics include the achievement of specific targets and track performance ratings. The effective performance rating measurement helps identify the top performers, provide feedback on improvement scope, and combine employee performance levels with business objectives.

Recruitment and talent acquisition metrics

Time to hire

Tracking the time-to-hire metric helps HR managers track the efficiency of the recruitment processes. A faulty hiring process can lead to losing potential candidates, leading to talent gaps and dipping performance levels. Organizations can retain top talent and minimize employment gaps by optimizing the time-to-hire metric. 

Employee turnover rate

This metric tracks the percentage of employees who leave the organization in a specific period. A high employee turnover rate can point to underlying problems, such as low job satisfaction, lack of enough growth opportunities, fledgling mood scores, and ineffective employee management. 

Best practices for HR dashboard successes

India Infoline, an Indian diversified financial services company, used Amber to connect with 19,000+ employees across 1000+ locations.  

They leveraged Amber, the conversational AI chatbot, to understand the business better and provide constructive feedback. They also received real-time insights through daily dashboard updates in their inbox. 

Here are the HR dashboard best practices that you must look for in the solution you implement for your organization-

• Real-time data - An integrated dashboard is valuable for HR teams because data gets updated in real-time. If the engagement levels dip, draw critical insights immediately and take proactive corrective measures. 

1. Offer predictive analytics - Predictive analytics enable HR to forecast employee attrition, measure well-being and happiness, and prevent employee turnover.
2. Smart summary - Reports and insights you generate from surveys and available on the HR dashboard help companies filter out the noise and focus on the things that matter. Companies can then easily make critical decisions to improve organizational operations.
3. AI-driven natural conversations - Power your dashboard with an ML/NLP (Machine Learning/ Natural Language Processing) engine to understand intent, respond with empathy, remember the entire conversation history, run sentiment analysis, uncover turnover indicators, trigger alerts, and more.
4. People analytics dashboard - This involves collecting and analyzing data on all employee functions, policies, challenges, and opportunities. Such a dashboard uses statistics and data interpretation tools to offer deeper insights into employees and help with decision-making, closing skill gaps, improving performance, and more.

An AI-powered, people analytics HR dashboard solution

The integrated HR dashboard is a powerful tool for fostering employee and organizational growth. Amber is designed to automate your feedback collection with cutting-edge technology, AI, and people science. You can access her powerful HR dashboard and efficiently move from feedback to action.

If you want to simplify feedback collection, retain top talent, avoid employee burnout, and build a winning culture, get a free demo of Amber today to understand how an AI-powered dashboard can contribute to engaged employees and promote business.