HR METRIC | DESCRIPTION / PURPOSE OF METRIC |
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Turnover rate by recruitment | Evaluation of staff renewal |
Number of hired for the period (persons) | |
Average headcount for the period (persons) | |
Total Turnover rate by recruitment |
Employee retention index for the period | Evaluation of hired and terminated employees ratio to headcount |
Opening headcount (persons) | |
Number of terminated for the period (persons) | |
Average headcount for the period (persons) | |
Total Employee retention index for the period |
Employee continuity rate | Monitoring of company staff continuity |
Number of employees with record time of at least 5 years (persons) | |
Opening headcount (persons) | |
Total Employee continuity rate |
Staff turnover rate | Characteristics of labour movement resulting from employee dissatisfaction with the job / working conditions or organisation dissatisfaction with a specific employee. |
Number of resigned (persons) | |
Average headcount (persons) | |
Total Staff turnover rate |
Absence rate, hours | Shows what percent of the useful time is lost for the period due to employees absent from work taking into account all non-attended work time – sick leaves without seeing a doctor, unpaid leave, truancy, excluding paid leave and forced leave of absence initiated by the employer. |
Total number of missed work hours | |
Total number of scheduled work hours | |
Total Absence rate, hours |
Absence rate, overall | Shows what percent of useful time is lost for the period due to employees absent from work |
Total number of missed work days | |
Average headcount (persons) | |
Total number of scheduled work days | |
Total Absence rate, overall |
Average cost per hire | The estimated cost for attracting staff, i.e. funds required for a new hire. Staff attracting expenses include: advertising, consultancy fees, HR agency fees, rental fees, expenses for preparation of handouts, methodical ware, office expenses, employee training, professional development, expenses on work site arrangements, information resources, etc. |
Amount of staff attracting expenses (Euro) | |
Number of hired employees (persons) | |
Total Average cost per hire |
Headhunting plan implementation | Headhunting efficiency evaluation |
Closing open vacancies (pc) | |
Opening open vacancies (pc) | |
Total Headhunting plan implementation |
Training cost rate | Amount of training expenses |
Amount of training expenses (Euro) | |
Number of trained employees (persons) | |
Total Training cost rate |
Percent of employees with increased work quality and efficiency after training | Measure of training effectiveness |
Number of employees with increased work quality and efficiency after training (persons) | |
Number of employees trained for the period (persons) | |
Total Rate of employees with increased work quality and efficiency after training |
Staff termination | Percent of terminated employees with record time of below 3 years |
Number of terminated employees with record time of below 3 years (persons) | |
Average headcount (persons) | |
Total Staff termination |
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