Page 23 - Management Report Matrix Guide
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ABOUT THIS REPORT
The GrowthForce KPI People Scorecard helps you understand the effectiveness of your people or whether you need to invest in a human capital strategy.
The report is a one page summary showing Revenue per Hour Paid, Labor Cost per Hour Paid and ROI on Total Labor Cost shown with budget vs actual and TTM trend lines.
It shows the impact of turnover on your profits and the ROI from investments you’ve made to increase efficiency and how well you onboard new staff.
ACTIONS TO TAKE
» Look at the trend line in the bottom right corner for ROI (Return on Investment) on Total Labor Cost. A downward slope in your TTM means a decline in productivity across the organization.
» Drill down into why this decline might be occurring. Have you recently brought on new staff that are not yet up to normal productivity levels?
Monitoring this KPI will show you if your human capital investments are working or whether another strategy like reorganizing your teams or eliminating redundant positions may be more effective.
A downward trend in ROI on Total Labor Costs may also indicate you need to increase prices to offset the higher labor costs.
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