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Workforce metrics (analytics) help organizations:

  • evaluate the cost and effectiveness of their workforce,
  • determine whether their budgets are properly allocated,
  • identify any turnover risks as well as the contributing factors, and
  • benchmark their organization’s productivity against other organizations in the industry.

WHY IS IT IMPORTANT?
Workforce metrics data help organizations gain insights into their workforce and determine what works well for your organization and what actions are needed to move the company forward. They help keep track of headcount, leave requests, taxes and other costs at all times.

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