are measurement standard that serve as an accountability integral component.
Metric is a quantifiable measure which is utilized to assess and track the
specific status of business process. In human resource management, metrics are
data utilized to quantify the impact and cost of Human Resource (HR) processes
and programs of talent management, and assess the HR initiatives success. Business
metrics are normally utilized to assess key business stakeholders that include middle
managers, executives, employees, customers and investors. Metrics improve
organizations value by offering the information needed to make the best talent
related decisions. They report ongoing, current, and long-term numbers for HR
common areas that include performance, employee engagement and retention (Lowisz, 2008).
Analytic on the other hand involves assessing the data pattern to communicate a
meaning. It is normally utilized when data is required to respond to particular
business-associated questions. Analytic entails applying math and statistics so
as to define data patterns. Human capital analytics assess the HR metric effect
on organizational performance, and thus, analytics can be said to define
similar patterns in metrics. Prolonged use of analytics can help an
organization to make a prediction, based on patterns and trends (Zielinski, 2014).
Order Unique Answer Now