As an HR professional, you manage quite a huge amount of employee data every day. This data, when processed effectively, can give you the insights required to step up your people management game. It can help you keep an eye on every stage of the employee journey, from recruitment to offboarding. This way, you’ll have a clear view of what works the best for your employees and what doesn’t. Unfortunately, if the data is available but not organized in a way that’s easy to understand, using it to drive better decision-making will be tough. This is where HR reports come in.
HR reports consolidate information from multiple areas of your people management process and present it through visual charts, simplified metrics, and brief summaries. If you’re wondering how these HR reports are prepared, there are dedicated HR reporting features that come with HR software systems, automating the whole process. Here are 6 important HR reports that every HR professional should use to provide a smoother and more fulfilling work experience to their employees:
By analyzing performance data, such as KRAs, goals, employee skills, appraisal scores, feedback, and more, performance reports can give you a clear idea of how well your employees are meeting the work standards at your organization. They can also help you understand whether they are progressing toward their goals. Are they engaged in their role? Are they learning the skills they want to learn? All of these questions are just as important, if not more so, as the overall productivity metrics you analyze.
The last few months have been called the Great Resignation of 2021, so there’s no better time than now to start thinking about your employer brand. Turnover reports can help you identify the underlying reasons why your employees quit and give you better insight into how the values of job seekers have shifted since before the pandemic. Not only will tracking your turnover with reports help you ensure that you don’t experience any unexpected surges in resignations, but it will also allow you to implement strategies that improve retention and employee satisfaction.
Learning and development reports
With all the money, energy, and effort spent on training programs, it’s essential to keep track of how these courses help your employees excel. Learning and development reports help you monitor employee training progress, course completion, ratings received by learners, and more. This enables your teams to craft better learning courses, target employee interests, and keep your workforce inspired to move up the corporate ladder at your organization instead of leaving to find somewhere with more development opportunities.
Whether you’re managing employee salaries on your own or you have a dedicated team to take care of it, payroll reports provide visibility into each step of payroll processing. This can help your organization stay in compliance and deliver timely paychecks to your employees hassle-free. Other use cases might be consolidating timesheet and leave data for easier calculations, or summarizing deductions and benefits for better policy-making at the executive level.
Attendance management is one of the toughest and most time-consuming administrative tasks. With attendance reports, tracking employee working hours becomes a breeze. Many will consolidate the number and names of employees who are present, absent, or on break, making it easy to track even in real-time.
Leave or time off reports
Leave reports, or time off reports, help you analyze the PTO trends at your organization. This way, you can make sure that all of your employees are taking the right amount of leave to keep burnout at bay and reduce the unscheduled absenteeism rate at your organization. It can also help you identify which leave types are being taken advantage of most by your employees and which are getting forgotten about.
HR reports can play a huge role in making your work life easier as all the insights required to make strategic decisions are just a click away. Read more about how these HR reports can add value to your business in our HR Knowledge Hive.