Veritutes September newsletter, Workforce Data Insights, reports that in a survey of 138 senior executives, they asked them to rank which people related metrics were the most important to you?

Guess what? Cost per hire ranked last while productivity and labor cost as a percentage of revenue ranked first and second!

So the next question we often get at Taleo Research is: How do you go about measuring productivity at the corporate level?

This is exactly why we created a report for our customers and published our paper Key Metrics for Todays Talent Economy (available online ” free subscription) that came out earlier this year in the Accenture People Project book.

In short, we call this metric Return on Workforce or ROW. It is operating income divided by total labor costs. That is exactly the kind of people metric that matters! But how can you impact this metric the most? Read the full article .