I'm working on finding relevant variables to define ratios for the HRBP team, such as: Maturity of processes, volume of operational activities, applied technology/systems, number of leaders, nature of the business, etc. What else? I would like to do a benchmark and hear from you if anyone has already worked with this challenge.
There is a good article to start from, if you search 2024 HR budget and Efficiency benchmarks.
Obviously if you have more technology and a shared services team to take some of the workload away at a lower cost your ratio to employees will increase. I have seen on average 1:500-600 as some of the most efficient.
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Post-pandemic, will your team be working fully remote, in-person, or hybrid?
We’re exploring changes to our performance management approach by introducing a mid-year check-in and a year-end evaluation. At the same time, we already run an established Talent Review process mid-year, though employees are not informed of their placement. We’re mindful that managers might see these processes as repetitive. How do you handle this in your organizations? What approaches have worked well for you?
There is a good article to start from, if you search 2024 HR budget and Efficiency benchmarks.
Obviously if you have more technology and a shared services team to take some of the workload away at a lower cost your ratio to employees will increase. I have seen on average 1:500-600 as some of the most efficient.