Determine if your company has an absenteeism problem and analyze why and how to address issue. A company’s absence rate can be used to help determine how effective its attendance policy is and whether management is applying the policy appropriately.

This metric helps quantify the costs involved with acquiring a new hire. The measurement can also help to show any substantial improvements to savings in recruitment/retention costs and help to determine what a recruiting function can do to increase savings/reduce costs.

This metric can be used to determine the value of a workforce's knowledge, skill, and performance, which, in turn, can illustrate how employees add value to the organization.

Measure the return-on-investment ratio for employees and analyze the causes of positive/negative ROI. Use this analysis as an opportunity to optimize investment with HR practices such as recruitment, motivation, training and development. Also evaluate if HR practices are having a causal relationship in positive changes to improving metric.