Key Performance Indicators for Compensation and Benefits PPT


This PPT slide, part of the 168-slide KPI Compilation: 800+ Human Resource & Talent Management KPIs PowerPoint presentation, presents key performance indicators (KPIs) related to Human Resources, specifically focusing on compensation and benefits. It outlines several metrics that organizations can use to evaluate their effectiveness in managing talent and compensation structures.

The first KPI, "Turnover Rate Among High Performers," measures the percentage of top employees leaving the organization over a specified period. A high turnover rate in this group signals potential issues with the company's compensation and benefits offerings, suggesting they may not be competitive enough to retain top talent.

Next, the "Variable Pay to Salary Ratio" assesses the proportion of an employee's total compensation that is variable. This metric reflects the organization's pay-for-performance culture, impacting both motivation and financial planning. A balanced ratio is crucial for aligning employee incentives with organizational goals.

"Wage Drift Measure" evaluates the extent to which actual wages exceed planned levels, highlighting discrepancies due to market shifts or internal pressures. This KPI is essential for understanding budget adherence and market competitiveness.

The "Wellness Program Participation Rate" indicates employee engagement with wellness initiatives. A higher participation rate suggests that wellness programs are relevant and attractive, potentially leading to improved productivity and reduced healthcare costs.

Overall, these KPIs provide valuable insights into the effectiveness of compensation strategies and employee engagement initiatives. Organizations can leverage this data to make informed decisions about their HR practices, ensuring they remain competitive in attracting and retaining talent.



This slide is part of the KPI Compilation: 800+ Human Resource & Talent Management KPIs PowerPoint presentation.

This collection of HR KPIs is compiled by former McKinsey, BCG, Deloitte, EY, and Capgemini consultants based on best practices in Human Resource Management & Talent Management.

Download the Full Presentation


EXPLORE MORE SLIDES FROM THIS PRESENTATION


EXPLORE MORE PRESENTATIONS ON

Human Resources Performance Management KPI Employee Management Talent Management Employee Engagement Key Performance Indicators Healthcare

Are you familiar with Flevy? We are you shortcut to immediate value.
Flevy provides business best practices—the same as those produced by top-tier consulting firms and used by Fortune 100 companies. Our best practice business frameworks, financial models, and templates are of the same caliber as those produced by top-tier management consulting firms, like McKinsey, BCG, Bain, Deloitte, and Accenture. Most were developed by seasoned executives and consultants with 20+ years of experience.

Trusted by over 10,000+ Client Organizations
Since 2012, we have provided best practices to over 10,000 businesses and organizations of all sizes, from startups and small businesses to the Fortune 100, in over 130 countries.
AT&T GE Cisco Intel IBM Coke Dell Toyota HP Nike Samsung Microsoft Astrazeneca JP Morgan KPMG Walgreens Walmart 3M Kaiser Oracle SAP Google E&Y Volvo Bosch Merck Fedex Shell Amgen Eli Lilly Roche AIG Abbott Amazon PwC T-Mobile Broadcom Bayer Pearson Titleist ConEd Pfizer NTT Data Schwab



Flevy is the world's largest knowledge base of best practices.


Leverage the Experience of Experts.

Find documents of the same caliber as those used by top-tier consulting firms, like McKinsey, BCG, Bain, Deloitte, Accenture.

Download Immediately and Use.

Our PowerPoint presentations, Excel workbooks, and Word documents are completely customizable, including rebrandable.

Save Time, Effort, and Money.

Save yourself and your employees countless hours. Use that time to work on more value-added and fulfilling activities.




Read Customer Testimonials



Download our FREE Organization, Change, & Culture, Templates

Download our free compilation of 50+ slides and templates on Organizational Design, Change Management, and Corporate Culture. Methodologies include ADKAR, Burke-Litwin Change Model, McKinsey 7-S, Competing Values Framework, etc.