Using and Interpreting HR Data

The video tutorial discusses key HR data items, labor productivity, and labor turnover. It explains how these metrics can be used for performance comparisons, setting targets, and improving competitiveness. The tutorial includes a case study of a school to illustrate labor turnover and compares productivity between Toyota and Nissan. It emphasizes the importance of SMART objectives in performance management and provides guidance on interpreting HR data effectively.

How can setting targets for labor turnover impact business performance?

In what ways can a business improve its labor productivity?

How does labor turnover affect recruitment and training costs?

What are the implications of having both high labor productivity and high labor turnover?