Model of Human Resource Management in Manufacturing Companies Using Key Performance Indicators (KPIs)

Abstract Measuring the performance of manufacturing enterprises is now a key component of developmental organizational management. Key performance indicators make it possible to determine the effectiveness of implemented changes, set new goals and confirm the reasonableness of incurred expenditures. However, a key difficulty is the selection of adequate metrics, which should correspond to strategic objectives and be tailored to the specifics of the enterprise. Therefore, the purpose of the study was to present a model for effective human resource management in manufacturing enterprises based on key performance indicators. The developed model makes it possible to justify the necessity and examine the relevance of decisions made and investments incurred. The originality of the study is due to the methodological nature and concerns the model used, which is the author’s tool for supervising the development strategy of the organization taking into account the well-being of employees. The presented model can provide important support for managers shaping the personnel policy of the enterprise and carrying out tasks in the field of employer branding.