Annotated Bibliography: Human Resource Metrics - HR410 Assignment

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Homework Assignment
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This assignment presents an annotated bibliography focusing on human resource (HR) metrics, as required for Unit 8 of the HR410 course. The bibliography includes summaries of six scholarly sources, each exploring different facets of HR metrics and analytics. The sources cover topics such as the importance of HR metrics in outsourcing decisions, the role of HR analytics in understanding human capital, the impact of HR analytics on employee engagement, the use of HR metrics in performance evaluation, the challenges and opportunities affecting the future of HR management, and the value of HR analytics. Each annotation provides a concise overview of the article's main arguments, methodologies, and findings, highlighting their relevance to the field of HR and offering insights into how HR metrics are used to improve organizational performance, employee engagement, and decision-making processes. The assignment underscores the critical role of data-driven approaches in modern HR practices, emphasizing how HR metrics contribute to strategic planning, talent management, and overall business success.
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Running head: HUMAN RESOURCE METRICS
Human Resource Metrics
Name of the Student
Name of the University
Author note
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1HUMAN RESOURCE METRICS
Annotated Bibliography
Article 1- Gunasekaran, A., Irani, Z., Choy, K. L., Filippi, L., & Papadopoulos, T. (2015).
Performance measures and metrics in outsourcing decisions: A review for research and
applications. International Journal of Production Economics, 161, 153-166.
In the article, the main approach which has been showcased is related to the
importance of the Human Resource Metrics in the case of outsourcing. The article has been
capable of making the audiences understand the fact that companies need to first understand
and analyse the aspects which will be helpful in achieving the outsourcing initiative. The
main objectives which are mainly considered included cost reduction along with
improvement in technological front. The HR metrics help in monitoring the internal
customer satisfaction with the program related to outsourcing. The authors have been
capable of concluding the fact HR metrics in measuring as well as tracking the performance
through conducting the different performance appraisals as well as other techniques.
The content of the article is related to the HR metrics as the focus of the authors
have been mainly on the creation of high level of efficiency within the human resources
system. The advanced human resources technology which are being utilised needs to be
benefitting the administration as well as compliance management suitably.
Article 2- Marler, J. H., & Boudreau, J. W. (2017). An evidence-based review of HR
Analytics. The International Journal of Human Resource Management, 28(1), 3-26.
In the article, the main approach which has been discussed is related to the purpose
of the human resource management metrics in understanding the human capital in the
companies. The same can be channelized as well as utilised for assisting the organizations in
reaching to the goals which can be suitable for managing the prospects of the companies. The
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HR analytics and metrics are helpful in driving strategy and direction of company which can
be helpful for making the decisions in a systematic manner.
The respective article is related to the Human Resource Analytics and Metrics as in
the current scenario, the HR professionals are clamouring for analytics which will be helpful
in combating the attrition rate which is one of the main criteria for managing the efficiency in
the different services which helped in providing groundwork for the data driven decision-
making aspects. The usefulness or the value of the information is regarding the HR metrics
and analytics which are considered to be the sophisticated solutions for generate the effective
outcomes in the business process.
Article 3- Bakhru, K. M., & Sharma, A. (2019). Unlocking Drivers for Employee
Engagement Through Human Resource Analytics. In Management Techniques for Employee
Engagement in Contemporary Organizations (pp. 236-255). IGI Global.
The article and the authors have focused mainly on the detailed meaning of the
employee engagement and the relevance of the same on the organizational scenario. It is
good in order to understand the feelings of the employees while working in the company and
it will be better in analysing whether the employees are giving more than 100% in achieving
the tasks which are done by them. The happier the employees are, the organizations will be
able to achieve more than 100% results. In such scenario, the human resource metrics play a
vital role which will be suitable for generating the effective results. There can be surveys
conducted by the company officials for understanding their viewpoints and it will be helping
the companies in understanding the grievances of the employees and work on them.
The entire content of the article is related to the metrics of human resource
management as it has focused on the fact that in the increasing competitive business
environment, the talented employees are needed, in such scenario, the challenge which is
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faced by them is retaining such employees. Talented employees have different kinds of
opportunities available as everything is transparent in nature and it is traceable in the digital
world. Lastly, the value which has been gained from article is related to surveys or the other
aspects such as questionnaires which can be distributed among employees to know their
viewpoints and it is considered to be the effective HR metrics.
Article 4- Reinerman-Jones, L. E., Hughes, N., D'Agostino, A., & Matthews, G. (2019).
Human performance metrics for the nuclear domain: A tool for evaluating measures of
workload, situation awareness and teamwork. International journal of industrial ergonomics,
69, 217-227.
The Nuclear Regulatory Commission has been successful in developing the tool for
HR metrics in supporting the entire understanding as well as evaluation of the workload
working in the companies. The human resource metrics are the measurements which are
being utilised in determining value as well as effectiveness of the HR initiatives which
includes the different situations or areas such as turnover rate of the employees, return on the
human capital along with expenses per employees. The content of the article is related to
metrics of HR as the companies have been capable of understanding the importance of the
turnover or the other prospects which leads to the augmented cognition. The value that has
been gained from the article is related to the fact that human resource metrics analyses the
data which are related to the HR functions such as talent management, retention to ensure that
the better decision-making approaches can be gained.
Article 5- Stone, D. L., & Deadrick, D. L. (2015). Challenges and opportunities affecting the
future of human resource management. Human Resource Management Review, 25(2), 139-
145.
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The article mainly focuses on identifying the different challenges or opportunities
which impacts the company’s efficiency negatively. In such scenario, the HR metrics play a
key role in managing the different pressures which impacts the efficiency of the companies
negatively. HR metrics such as analysis of the absenteeism rate and the other job satisfaction
aspects need to be implemented in the companies for understanding the importance of the
engagement of employees. In the respective scenario, the content is related to HR metrics
and analytics which can be beneficial in improving the revenue which can be generated by
the company. Lastly, the value which has been received from the article is that all the metrics
are not efficient in nature and it will be helpful in improving performance. The performance
of the company can be improved with the help of metrics such as the surveys or the
questionnaires along with the performance appraisal techniques which can be helpful in
generating positive results.
Article 6- Rasmussen, T., & Ulrich, D. (2015). Learning from practice: how HR analytics
avoids being a management fad. Organizational Dynamics, 44(3), 236-242.
The article helps in mainly focusing on the HR metrics and analytics which helps in
bringing in the actual potential for bringing great value to the general managers as well as the
HR leaders in managing the decisions in a suitable manner. The measurement of the different
metrics can take a lot of time and all the metrics are not so useful. In order to manage the
focus in the different areas which matter, there are major metrics related to HR which can be
helpful for improving the effectiveness of the situation. There can be inclusion of different
performance management tools through the application of 360-degree performance appraisal
technique which can be helpful for improving the scenario and generate high level of
efficiency in the companies. The context is related to HR analytics and HR metrics as the
performance appraisal techniques can be helpful in generating performance and the loopholes
can be measured and rectified with the help of the survey or the performance appraisal
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metrics. The value which has been gained is related to measurement of the turnover among
employees in the company which impacted the efficiency of the companies.
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6HUMAN RESOURCE METRICS
References
Bakhru, K. M., & Sharma, A. (2019). Unlocking Drivers for Employee Engagement Through
Human Resource Analytics. In Management Techniques for Employee Engagement
in Contemporary Organizations (pp. 236-255). IGI Global.
Gunasekaran, A., Irani, Z., Choy, K. L., Filippi, L., & Papadopoulos, T. (2015). Performance
measures and metrics in outsourcing decisions: A review for research and
applications. International Journal of Production Economics, 161, 153-166.
Marler, J. H., & Boudreau, J. W. (2017). An evidence-based review of HR Analytics. The
International Journal of Human Resource Management, 28(1), 3-26.
Rasmussen, T., & Ulrich, D. (2015). Learning from practice: how HR analytics avoids being
a management fad. Organizational Dynamics, 44(3), 236-242.
Reinerman-Jones, L. E., Hughes, N., D'Agostino, A., & Matthews, G. (2019). Human
performance metrics for the nuclear domain: A tool for evaluating measures of
workload, situation awareness and teamwork. International journal of industrial
ergonomics, 69, 217-227.
Stone, D. L., & Deadrick, D. L. (2015). Challenges and opportunities affecting the future of
human resource management. Human Resource Management Review, 25(2), 139-
145.
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