Using HR Performance Metrics to Optimize Operations a...( CHAPEL HILL N.C. Feb. 27 /- Human...),Health

CHAPEL HILL, N.C., Feb. 27 /PRNewswire/ -- Human resources leaders are challenged to deliver increasingly complex services while sustaining high quality services and low costs. A comprehensive report by benchmarking leader Best Practices LLC allows executives to evaluate their company's HR function relative to other Fortune 500 organizations, potentially adding value to their work force and bottom line.

The report contains 300 metrics across six functions: Staffing, Benefits, Relocation, LOA/FMLA, Workers Compensation and Medical Services. Data collected from a variety of different industries, including pharmaceutical, provides a wealth of helpful and diverse insights.

To review a complimentary excerpt and sample metrics of "HR Resourcing Excellence Series," go to http://www3.best-in-class.com/rr914.htm.

Some of the findings of the 350-page report include:

-- Medical Services: Benchmarked companies spend an average of $126 per

employee for medical services administration.

-- New Hire Performance: Many participating companies found that most new

hires are rated as average performers or above average during their

first 90-180 days on the job. Almost all participants found only 25

percent performing below average during the first 90-180 days.

-- Domestic Relocation Cost: Benchmarked companies spend an average

administrative cost of $829 for a domestic relocation or assignment.

Data was collected from surveys and interviews with HR professionals at 78 companies including: Abbott Labs, ALCOA, American Express, AT&T, Bank of America, Boeing, Bristol-Myers Squibb, Caterpillar, Cisco Systems, Convergys, DaimlerChrysler, Dell, Dow Chemical, DuPont, Fujifilm, General Electric, General Motors, Intel, Kraft Foods, Microsoft, Motorola, Pfizer, Texas Instruments, Toyota and more.

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