Fruitful information for any HR professional.

Image result for hr HR Metrics :- Absence Rate: [(Number of days absent in month) ÷ (Average number of employees during mo.) × (number of workdays)] × 100 Cost per Hire: (Advertising + Agency Fees + Employee Referrals + Travel cost of applicants and staff + Relocation costs + Recruiter pay and benefits) ÷ Number of Hires Health Care Costs per Employee: Total cost of health care ÷ Total Employees HR Expense Factor: HR expense ÷ Total operating expense Human Capital ROI: Revenue − (Operating Expense − [Compensation cost + Benefit cost]) ÷ (Compensation cost + Benefit cost) Human Capital Value Added: Revenue − (Operating Expense − ([Compensation cost + Benefit Cost]) ÷ Total Number of FTE Revenue Factor: Revenue ÷ Total Number of FTE Time to fill: Total days elapsed to fill requisitions ÷ Number hired Training Investment Factor: Total training cost ÷ Headcount Turnover Costs: Cost to terminate + Cost per hire + Vacancy Cost + Learning curve loss Turnover Rate: [Number of separations during month ÷ Average number of employees during month] × 100 Workers’ Compensation Cost per Employee: Total WC cost for Year ÷ Average number of employees

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