5 response to classmates

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Business Finance

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Please send a response to two of my classmates. Same instructions as always with references. Thanks

HRMN 395 Week 5 Response to Students.docx

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HRMN 395 Week 5 Response to Students Please respond to the two students with reference (s) Thanks Student 1 Question 2 Leilani Tabor Metrics help in evaluating the success of an organizations total rewards program. For example, sales performance metrics are used to reward those employees who achieve top sales in the company, and the customer service metrics, are used to assess the number of complaints and the areas that need improvement in order to keep the customers satisfied with the services. (Shrm 2015) “HR metrics can help pinpoint where human capital issues exist and allow HR staff to monitor trends. Information from an appropriate HR metrics can be used to assess, plan and improve HR as well as to contribute to achieving business strategies and objectives” (Shrm, 2015). Shrm (2015). Retrieved on 17 November 2015 from http://www.shrm.org/templatestools/hrqa/pages/metricsmosthelpful.aspx HRmetrics (2006).Staffing Metrics - Recruiting Cost Ratio (RCR). Retrieved from http://www.humanresourcemetrics.org/recruiting_cost_ratio.html Student 2 Question 1 Sade Wright Question 1. Metrics are measurements that are used to access a company’s performance. According to Investopia (n.d.), “Metrics are parameters or quantitative assessment used for measurement, comparison or to track performance or production” (para. 1). Two metrics that I am considering for my presentation are employee engagement and employee turnover. These two metrics will be helpful to use because they will reflect the effectiveness of Chipotle’s total rewards package. According to Sorenson (2013), “By intentionally focusing on measuring and managing employee engagement … companies can gain a competitive advantage that will keep them moving forward” (para. 14). Measuring employee turnover will show this company the number of departures, how often, and reasons why they are experiencing this situation. references Investopedia. (n.d.). Definition of Metrics. Retrieved from http://www.investopedia.com/terms/m/metrics.asp Sorenson, S. (2013, June 13). How Employee Engagement Drives Growth. Retrieved from http://www.gallup.com/businessjournal/163130/employee-engagement-drives-growth.aspx
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