An Example of the Balanced Scorecard for HR |
This example is a part of the "HR KPIs and Talent Strategy Scorecard." Feel free to use it as a template for your own Balanced Scorecard. Learn more: https://bscdesigner.com/hr-scorecard.htm#hrscorecard |
53.98%
|
53.98
|
Financial Perspective |
What financial outcomes can an organization expect after successful execution of this strategy? |
56.94%
|
56.94
|
Teams Create More Value at Lower Cost |
|
56.94%
|
56.94
|
Cost to hire |
|
32%
|
3,800
|
Revenue per employee |
|
81.67%
|
245,000
|
ROI for customer value |
|
57.14%
|
20
|
Widening the potential talent pool |
|
73.75%
|
73.75
|
Improve talent attraction strategy |
|
9.54%
|
9.54
|
Customer Perspective |
What do internal customers need? |
41.64%
|
41.64
|
Improve talent attraction strategy |
|
9.54%
|
9.54
|
Yield ratio |
|
23%
|
23
|
Time to hire |
Helps to focus on the proper number of interviews and organize them in the best way |
9.09%
|
85
|
Recruitment programs improvement |
|
59.67%
|
59.67
|
Widening the potential talent pool |
|
73.75%
|
73.75
|
Employee engagement index, % |
|
87.5%
|
70
|
High-Performing Employee Turnover, % |
|
60%
|
7
|
Diversity and inclusion |
|
60%
|
60
|
Internal Process Perspective |
How can HR specialists achieve these goals internally? |
59.83%
|
59.83
|
Recruitment programs improvement |
|
59.67%
|
59.67
|
% of referral hires |
|
35%
|
35
|
% of new hires completing probationary period |
|
70%
|
70
|
% of new hires present after 1 year |
|
67%
|
67
|
Performance of new hires |
As measured after 1 year and 3 years |
42%
|
42
|
Formulate New Recruitment Principles |
|
45%
|
45
|
Diversity and inclusion |
|
60%
|
60
|
% of international hires |
|
60%
|
21
|
Understand Diversity and Inclusion |
|
70%
|
70
|
Learning & Growth Perspective |
Where should the learning efforts of HR be focused on? |
57.5%
|
57.5
|
Formulate New Recruitment Principles |
|
45%
|
45
|
Referral recruitment training penetration, % |
|
45%
|
45
|
Understand Diversity and Inclusion |
|
70%
|
70
|
% of diversity-aware HR activities |
|
80%
|
80
|
Diversity culture awareness, % |
|
70%
|
70
|