KPI Depot takes you from KPI intelligence to finished deliverable. Consultants, strategy teams, FP&A leaders, and analytics teams use it to answer the two hardest questions in performance management, what to measure and what the target should be, and then to produce the scorecard itself.
The difference is intelligence, not just data. Anyone can list metrics. Every KPI in KPI Depot carries 13 practical attributes, from formula and measurement approach to diagnostic questions, risk warnings, and Balanced Scorecard perspective, across 15 corporate functions and 153 industries. And every target you set is grounded in our database of 34,304 source-attributed benchmarks, each detailing metric value, company size, time period, industry, geography, sample size, and source. Benchmark data at this scale is otherwise the domain of research services costing thousands to hundreds of thousands of dollars per year.
When your metrics are selected, KPI Depot finishes the job: export an interactive Strategy Map, a Balanced Scorecard with formulas and tracking columns, or a CSV KPI pack, and go from research to working deliverable in hours instead of weeks.
Formerly the Flevy KPI Library, KPI Depot is trusted by teams at organizations including Accenture, EY, IBM, PepsiCo, Samsung, and Vodafone.
Got a question? Email us at [email protected].
FAQs about New Hire Performance
What is considered a good new hire performance metric?
A good new hire performance metric typically reflects that employees reach full productivity within 30 to 60 days. This timeframe indicates effective onboarding and integration into the team.
How can I measure new hire performance?
Measuring new hire performance can involve tracking productivity metrics, feedback from managers, and employee engagement scores. Regular check-ins and performance reviews can provide valuable insights into their progress.
What role does training play in new hire performance?
Training is crucial for new hire performance, as it equips employees with the necessary skills and knowledge to succeed. Comprehensive training programs can significantly reduce the time it takes for new hires to become productive.
How often should new hire performance be evaluated?
New hire performance should be evaluated regularly, particularly during the first 90 days. Frequent assessments help identify areas for improvement and ensure that new hires receive the support they need.
Can onboarding processes be improved over time?
Yes, onboarding processes should be continuously improved based on feedback and performance metrics. Regularly reviewing and updating these processes ensures they remain effective and aligned with organizational goals.
What impact does mentorship have on new hire performance?
Mentorship can significantly enhance new hire performance by providing guidance and support. Mentors help new employees navigate challenges and integrate into the company culture more effectively.
Each KPI in our knowledge base includes 13 attributes.
KPI Definition
A clear explanation of what the KPI measures
Potential Business Insights
The typical business insights we expect to gain through the tracking of this KPI
Measurement Approach
An outline of the approach or process followed to measure this KPI
Standard Formula
The standard formula organizations use to calculate this KPI
Trend Analysis
Insights into how the KPI tends to evolve over time and what trends could indicate positive or negative performance shifts
Diagnostic Questions
Questions to ask to better understand your current position is for the KPI and how it can improve
Actionable Tips
Practical, actionable tips for improving the KPI, which might involve operational changes, strategic shifts, or tactical actions
Visualization Suggestions
Recommended charts or graphs that best represent the trends and patterns around the KPI for more effective reporting and decision-making
Risk Warnings
Potential risks or warnings signs that could indicate underlying issues that require immediate attention
Tools & Technologies
Suggested tools, technologies, and software that can help in tracking and analyzing the KPI more effectively
Integration Points
How the KPI can be integrated with other business systems and processes for holistic strategic performance management
Change Impact
Explanation of how changes in the KPI can impact other KPIs and what kind of changes can be expected
BSC Perspective
NEW Mapping to a Balanced Scorecard perspective (financial, customer, internal process, learning & growth)
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