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HR Metrics Resource Sheet 2
HR Metrics Resource Sheet 2
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Yield ratio
= (No. of applicants who accepted a job offer / Total no. of offers made
Selection ratio
= No. of hired candidates / Total no. of candidates
Vacancy percentage
= Total no. of open positions / Total no. of positions in organization
= Employees who left the organization within 1 year / Total no. of recruits
Selection ratio
= No. of hired candidates / Total no. of candidates
Time to fill
= No. of days between publishing a job opening and hiring a candidate
Overtime percentage
= Overtime pay amount / Total payroll
Billable hours
= Billable hours / total hours worked
Absenteeism rate
= Number of absent days / Total number of working days
Talent turnover
= Employee of high potentials leaving / Employees strength at the beginning
Learning Effectiveness
= Training expenses per employee / Training effectiveness
ROI
= Net benefits / Total cost
Participation rate
= No. of participants / Total no. of nominations
HR Performance Metrics
Time to productivity
= Date new hire hit the target (as defined in the PMS) - New hire start date
HR Performance Metrics
HR to employee ratio
= FTE working in HR / Total no. of FTE
Promotion rate
= No. of employees promoted / No. of employees
HR Performance Metrics
Job alignment
= No. of goals aligned / All work activities and goals
Innovation
= No. (or value) of successful produt or process ideas / Total no. of suggestions