HR KPIs used for measuring Onboarding and Training

As an HR, you're probably wondering how to measure your initiatives and track your progress. You need to report your results and you are wondering what to measure.

You can't improve what you don't measure.

What this quote tells us is that you need to define Key Performance Indicators (KPIs) to be able to improve in specific areas and showcase the progress to the team.

In a series of articles we will go through the KPIs that are associated with Human Resources specialists in different categories such as Compensation and Benefits, Diversity, Equity, and Inclusion, HR Service Delivery, Workforce Planning and Analytics, Performance Management, Onboarding and Training, Compliance and Risk Management, Recruitment and Staffing, Employee Engagement and Satisfaction.

Today we're looking closer at Onboarding and Training.

Here are the 15 KPIs to look at for Onboarding and Training as an HR:

1. New Hire Retention Rate: The percentage of new hires who stay with the company.
2. Onboarding Completion Rate: The percentage of new hires who finish the onboarding process.
3. Time to Productivity: How long it takes new hires to reach full productivity.
4. Training Completion Rate: The percentage of employees who finish required training.
5. Training Effectiveness Score: How well employees learn from training programs.
6. Training Satisfaction Score: How satisfied employees are with training programs.
7. Training Cost per Employee: The average cost of training per employee.
8. Training ROI: The return on investment for training programs.
9. Learning and Development Participation Rate: The percentage of employees who take part in learning and development programs.
10. Onboarding Satisfaction Score: How satisfied new hires are with the onboarding process.

Feel free to use these KPIs for your reporting, we hope it was useful for you!