Unemployment Evaluation Balanced Scoreboard metrics template for Excel
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Unemployment Balanced Scorecard Metrics Template

Unemployment measurement KPI - Balanced Scorecard metrics template example

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The Balanced Scorecard (BSC) dashboard indicates performance within each perspective and the total performance of Social.

Click to see more screenshots below.

It goes without saying that unemployment is one of the greatest roadblocks in any economy’s growth path. Removal requires arranging substantial amount of funds for offering either the ‘immediate relief’ or ‘providing job to earn their living on own’. Social Services Organizations shoulder this responsibility by running schemes for various target groups of society that require employment. Various challenges standing in the way of such organizations make it necessary to structure a scorecard to draw all aspects ‘that matter’ together.

The perspectives that can serve the purpose relate to- Strategy, Finances, Internal Operations and Success Evaluation.
The indicators for Strategy Perspective are- Policy Alignment, Number of people who were provided employment: Total registered people, Target Groups, Percentage increase in full-time and part-time employed people.

Internal Operations can be had with KPIs like- Frequency of Surveys, Employment Time lag, Mismatch between ‘expectations’ and ‘reality’ and number of factors considered for deciding the pay scale.

Financial Perspective can be analyzed with indicators such as- Training Expenses Incurred, Number of funding sources, fund utilization ratio and Research Share.

Finally, the success assessment is possible with ‘Cost of Living meeting’ ratio, percentage increase in funds and number of registrations.

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There are more types of strategy map supported - including snowflake, vertical and horizontal trees
Unemployment measurement - Strategy Map

Cyclical Strategy Map:
Unemployment measurement - Cyclical Strategy Map

Classical Strategy Map:
Unemployment measurement - Classical Strategy Map

Check overview scorecard report sample.

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Check metrics (diamond) report sample.

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Unemployment KPI in Excel:
  • Download trial version of Unemployment Indicators. Unemployment Evaluation Balanced Scoreboard is distributed as an Excel file. Before purchase you can download a trial version of the scorecard. Unemployment Evaluation Balanced Scoreboard Excel file contains a dashboard (see screenshots below), help information section, Balanced Scorecard details.
  • Purchase full version of Unemployment Indicators. Immediately after your order will be processed you will have a link to download Balanced Scorecard (BSC) Excel file and file in Balanced Scorecard Designer format.
  • Use Unemployment scorecard online with BSC Designer Online system. This SaaS solutions provides world-wide access to scorecards with any web-browser.
  • It is necessary to start the design of KPIs with analysis of business problems, use Free SWOT Method Guide to perform this analysis. Check Balanced Scorecard Toolkit for scorecard designing instructions, download Key Risk Indicators (KRI) Toolkit for risk management.
More ideas on using Unemployment KPI:

Unemployment is an essential trait for recognizing a given country. The lower is the rate, more are the chances of it progressing. This is because the value of this parameter signifies the degree to which available resources of the land are being put to prudent use. There are basically three types of unemployment recognized in an economy- Structural unemployment, classical unemployment and cyclical unemployment.

Consequently, the industrial sectors become capable of tracing the ‘growth track’ by keeping the ‘unemployment degree’ in check.

Therefore, one gets understandably enough that unemployment rate has to be kept at its lowest by bringing new policies and opportunities for providing employment to people.

This is one of the tasks handed over to social service organizations that are engaged in controlling the unemployment levels.

To move in the pursuit of attaining this objective in a logical and scientific manner, BSC (Balanced Scorecard) can be trusted. This tool has ‘KPIs (Key Performance Indicators) as its bricks using which one can calculate the progress and movements being made in this desired direction.

By preparing an unemployment scorecard to gauge the steps, one can make better decisions and analysis of situations. This is due to the ‘unbiased and impartial’ approach promoted by ‘numbers and values’ of this tool.

More useful information for Social Estimation:

Business Intelligence (BI) for Social - measure performance with Unemployment Scorecard for Excel

We have designed Unemployment Balanced Scorecard (BSC) in MS Excel, so now you can measure and control your performance using this popular business tool. Download trial version right now.

Alignment with Balanced Scorecard and KPIs is a great way to control the performance of Social.

In comparison to other business performance measure and control methods, alignment with KPI is much more easier to implement and use. Use Unemployment scorecard to align business performance.

Why do I need these metrics?

MS Excel files that we distribute are a spreadsheets packed with metrics information and the performance calculation formulas.

It's a real-business information. We invested in research that involved experts from Social Evaluation industry who elaborated and shared certain metrics. It's valuable, real-life experience which will help to improve the performance of your business.

  • I'm sure you understand the importance of measuring and controlling business using correct metrics, so this small investment will return in a great increase in sales.

  • To get a basic idea about what metrics to use. We learned a lot of business metrics and packed scorecard with the most successful.

  • To have a sample excel file, which is easy to modify to fit your needs. All Excel formulas are available for copy and change.

  • To start with measuring business performance. It's important to start with correct metrics, then you will be able to fulfill scorecard.

Unemployment Evaluation Balanced Scoreboard Screenshots

This is the actual scorecard with Unemployment Indicators and performance indicators.

Metrics for Social Estimation. This is the actual scorecard with Unemployment Indicators and performance indicators. The performance indicators include: financial perspective,training expenses incurred: total expenses,research share,funds utilization ratio,number of funding sources,internal operations perspective,frequency of surveys,mismatch between expectations and reality,employment time lag,number of factors considered for setting the workers pay,strategy perspective,policy alignment,number of people who were provided employment: total registration,number of target groups,percentage increase in full-time employed strength,percentage rise in part-time jobs provided,success evaluation gauging,cost of living meeting ratio,percentage increase in the number of registrations,percentage rise in funds availability,average skill enhancement level.

These indicators can be converted from text into the visualized view with BSC Designer strategy map function. Right now you can download trial version of Unemployment Indicators or purchase full version of this Balanced Scorecard. Also, it is possible to import this scorecard into web-based balanced scorecard (BSC) software - BSC Designer Online, so it will be accessible to you and your employees with any web-browser.

 
Some help information that explains how to interpret scorecard.
Some Balanced Scorecard help information that explains how to interpret scorecard. What scores and weights can be changed.

Download or purchase Unemployment Evaluation Balanced Scoreboard

Right now you can download a trial version of Unemployment Evaluation Balanced Scoreboard or purchase a full version online. Also, if you are interested you can subscribe to our e-course that helps a lot with Balanced Scorecard design.

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