Match List - I with List - II. List - I (HR Metrics) — List - II (Significance) (A) ROI — (I) Shows the…
Matching the HR metrics with their analytical significance: (A) Return on Investment (ROI) determines the net financial HR value addition relative to investment (II); (B) HR…
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Match List - I with List - II.
List - I (HR Metrics) — List - II (Significance)
(A) ROI — (I) Shows the cost incurred on HR functions compared to the total operating cost of the company
(B) HR expense factor — (II) HR value addition is determined
(C) Effectiveness of each employees — (III) Gives a picture about how much the company incurs on recruitment and selection
(D) Hiring cost — (IV) Shows how far an employee is useful to the organisation
Answer and explanation
Correct answer B
Matching the HR metrics with their analytical significance: (A) Return on Investment (ROI) determines the net financial HR value addition relative to investment (II); (B) HR Expense Factor shows the cost incurred on HR functions as a proportion of the company's total operating cost (I); (C) Effectiveness of each employee (revenue/profit per FTE) indicates how far an employee contributes to the organization (IV); and (D) Hiring Cost measures how much the company spends per hire on recruitment and selection (III).
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UGC NET HRM / Labour Welfare and Industrial Relations