In the fast-paced and competitive business world, organizations need to ensure that their workforce is strategically aligned with their long-term goals. The Workforce Planning KPI Dashboard in Excel is a powerful tool that helps organizations track and evaluate key metrics related to workforce planning. This dashboard enables HR teams and management to monitor employee productivity, retention, and other essential KPIs, leading to more informed decisions and optimized workforce strategies.
This ready-to-use Excel template allows for seamless management of critical workforce metrics, helping businesses efficiently manage their talent pool, reduce turnover, and improve operational efficiency.
Key Features of the Workforce Planning KPI Dashboard in Excel
The Workforce Planning KPI Dashboard in Excel is designed to offer comprehensive and user-friendly features, ensuring organizations can efficiently manage their workforce performance. Key features of this Excel template include:
Home Sheet:
The index sheet with six buttons for quick navigation to other sections of the dashboard. This sheet acts as the starting point, offering easy access to all data insights.
Dashboard Sheet Tab:
- The main sheet displays all KPIs, including Month-to-Date (MTD), Year-to-Date (YTD), and Previous Year (PY) comparisons.
- The dashboard automatically updates based on the selected month and shows Target vs Actual and Previous Year vs Actual comparisons with visual arrows for easy interpretation.
KPI Trend Sheet Tab:
This sheet allows users to select a specific KPI from the dropdown menu and view its trend over time. It provides detailed information about each KPI’s group, unit of measurement, formula, and whether it’s a Lower the Better or Upper the Better KPI.
Actual Number Sheet Tab:
Users input the actual numbers for MTD and YTD performance, adjusting the month as needed to ensure data is up-to-date.
Target Sheet Tab:
This sheet allows users to enter target numbers for each KPI on a MTD and YTD basis, enabling real-time performance tracking.
Previous Year Number Sheet Tab:
Enables year-over-year comparisons by storing and displaying the previous year’s data, allowing organizations to track progress and identify trends.
KPI Definition Sheet Tab:
A dedicated sheet for defining each KPI, detailing its name, group, unit, formula, and definition to ensure everyone understands how each metric is calculated and tracked.
