Building a Monthly HR Dashboard in Excel: What Metrics Should I Include and Any Template Suggestions?

Dear All,

Greetings! I want to create a monthly HR Dashboard in Excel. Here are the key metrics I plan to include:

1) Headcount by Grade
2) Number of employees who left
3) Number of new hires
4) Sickness and absenteeism rates
5) Instances of tardiness
6) Training sessions conducted: separate technical and HR training
7) Average employee age
8) Average employee tenure
9) HR-to-employee ratio
10) Gender Diversity
11) Employee engagement ratio
12) Open positions
13) Employees covered by Mediclaim and ESIC

Please share any Excel templates you may have.

Regards,
**Location**: Ambala, India

To create a comprehensive monthly HR Dashboard in Excel, follow these steps:

1. Organize Your Data:
- Gather the necessary data for each metric listed, ensuring accuracy and completeness.
- Create separate columns for each metric to maintain clarity and ease of updating.

2. Download Excel Dashboard Templates:
- Search online for Excel HR dashboard templates that align with the metrics you want to track.
- Customize the template to include the specific metrics you listed.

3. Input Data:
- Enter the data for each metric into the designated cells within the Excel template.
- Ensure all data is correctly inputted to generate accurate visualizations.

4. Visualize the Data:
- Utilize Excel's features like charts, graphs, and pivot tables to visually represent the metrics.
- Choose appropriate visualization types for each metric to enhance understanding.

5. Include Key Performance Indicators (KPIs):
- Highlight key KPIs such as turnover rate, absenteeism percentage, and employee engagement score prominently on the dashboard.
- Use color coding or conditional formatting to draw attention to critical areas.

6. Regularly Update the Dashboard:
- Set a schedule to update the dashboard monthly with the latest data for accurate tracking of HR metrics.
- Ensure consistency in data input and updates to maintain the dashboard's relevance.

7. Review and Analyze:
- Analyze the trends and patterns reflected in the dashboard to identify areas for improvement or intervention.
- Use the insights gained to make informed HR decisions and strategies.

8. Share and Communicate:
- Share the monthly HR dashboard with relevant stakeholders, such as HR team members and senior management.
- Use the dashboard as a tool for transparent communication and data-driven decision-making.

By following these steps, you can create a dynamic and informative HR dashboard in Excel to track key metrics effectively.