Take the free assessment now! Start assessment The most successful HR professionals in today's digital business environment have a T-shaped competency profile. We hope you find them useful and that you become eager to learn more.Ĭommon human resources formulas and metrics With that in mind, we are offering here some of the most common human resources formulas, tools, and functions in Excel. Excellent training resources and dozens of excellent books make it easy to learn-and for us, the learning never stops. Microsoft’s extensive documentation is written for everyday users. We have found that being the “Excel wizard” in HR can positively affect your employability and income. However, most users’ skills don’t go beyond simple tracking and using reports created by others. Using Excel is easier, faster, and cheaper than relying on IT for reporting, and chances are your HR team has one or more people who are at least somewhat knowledgeable about it. It will also help you understand what your embedded analytics tools tell you. Using human resources formulas and functions in Excel to answer questions and make better decisions will help you along your road to becoming a data-driven HR professional. Microsoft Excel isn’t a substitute for your core HR management system or advanced people analytics, but as a day-to-day tracking and ad hoc reporting tool for HR, it is hard to beat.
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