HR
Average time to fill a job vacancy
Human Resource (HR) is a critical business function that recruits and nurtures the most precious resource for the organization – their people. However, very few...
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Average Tenure
There are many ways you can determine an employee’s satisfaction with their job. You might ask them to rate their engagement with the work, look...
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Benefits Satisfaction
“What kind of benefits does your company offer?” This might very well be the first question a potential employee asks. Benefits can make or break...
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Candidates Interviewed per Hire
The discussion regarding the most important metrics in human resources is open to debate. However, most people agree on the fact that the candidates interviewed...
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Cycle Time to Process Payroll
While most organizations tend to overlook and underrate HR metrics, their efficiency in assessing the policies, employees and other important aspects is undeniable. Assessment and...
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Cycle time to resolve payroll errors
HR metrics are generally overlooked by most organizations but underrating them might not be the best idea – particularly if you’re an entrepreneur who desires...
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Diversity numbers/Nationalities in the work force
When you own a company, you know that the employees are going to be different from each other. They are not only of different genders,...
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Diversity Rate
The Diversity Rate metric is important for a company because of several reasons. Probably the most important one is the fact that the said company’s...
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Effectiveness of training
A common mistake that companies make when onboarding new employees is conducting inadequate training sessions. At times, an employee might not learn everything they need...
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Employee Productivity Rate
There’s a rule of thumb that applies to all companies in the world: the employees are divided into productive and procrastinators. When those procrastinators do...
Read moreEmployee Satisfaction Index
It should come as no surprise that if they are unhappy, employees will leave the company that they work for. A couple of years ago,...
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First Year Voluntary Termination Rate
The First Year Voluntary Termination Rate is yet another Human Resources metric – of course, it’s also one that’s very important to a company, as...
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Health Care Expense per Current Employee
It goes without saying that most employers try to offer their employees the best healthcare plans. However, health care plans are becoming more and more...
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Hiring Process Satisfaction Rate
As CEO or part of the management’s team of a certain company, you will rarely look into how the hiring process is being done –...
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Involuntary Termination Rate
The termination rate of a company is the percentage of people that decide (or are forced) to leave the company for various reasons. The voluntary...
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Net Promotor Score
You’ve probably heard a lot of people complain about their workplace. They talk about how bad it is, and how they will never recommend anyone...
Read moreNew hire 90-Day Failure Rate
The New Hire 90-Day Failure Rate is a Human Resources metric that’s used by businesses and companies in order to determine the percentage of new...
Read moreNumber of Contractors
As a company, you probably have your own employees that you can rely on a daily basis. They are your pillars that will help your...
Read moreNumber of D&I initiatives implemented
Diversity and inclusion in the workspace represent a sensitive topic that every employer must know of and apply. And not only must the employer apply...
Read moreNumber of Employee Satisfaction Surveys
By now you should already be familiar with the Employee Satisfaction Survey, which should be taken once every 6 months. However, it can so happen...
Read moreNumber of Full-Time Employees
As the owner of a company, you probably have two types of employees: full-time and part-time. However, since part-time employees are only contributing a small...
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Percentage of Cost of Workforce
When it comes to HR metrics, the cost of workforce is the elephant and the room and the reason for that is quite transparent: in...
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Percentage of Employees Trained
There are several situations in which your new employees could require training. For example, after a month of them being on the job, your company...
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Percentage of Job Candidates Who Meet Job Criteria
When candidates apply for a job, they don’t always know everything it includes. Some of them meet the job criteria, while others don’t, and you...
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Percentage of Vacation Days Used
In order to maintain a healthy life and work properly too, employees need vacations. In order to make that possible, they need to have a...
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Percentage of Workforce below Performance Standards
As an entrepreneur of a successful company, you want your employees to perform well. Sometimes, the term well is difficult to put in words, and...
Read morePerformance of New Hires
Employees, regardless of how long they’ve been employed at your company for, need to have a good performance. It is the only way your company...
Read moreRate of Internal Job Hires
There are so many metrics that it’s hard to keep track of each and every one of them. One of the metrics that is often...
Read moreRate of Internal Referral Hires
Employees need to have a certain set of skills, as well as a lot of knowledge in the domain. When hiring new people, you want...
Read moreRetirement Rate
Those who start up their new business do so with a plan: to be successful in their business in the long run. And for you...
Read moreReturn On Investment (ROI)
If anyone is getting into business without having no clue what the ROI is, they are in some serious trouble. When one owns a company,...
Read moreSalary Competitiveness Ratio (SCR)
If you’ve worked in a company for years on end, you probably realized that people want better salaries not on account of them being materialistic,...
Read moreTraining Cost per Employee
As you probably already know, simply hiring someone may not be enough to boost the performance of a certain department of your company. In this...
Read moreTurnover Rate for Highest Performers
Companies hate it when their people leave – but they hate it even more when a valuable person with vast experience leaves. According to some...
Read moreVoluntary Termination Rate
It’s very rare that an employment at a certain company lasts for a lifetime – mainly because the average person works for about five years...
Read moreYield Percentage
How can a company assess that its recruiting process is efficient or not? One of the ways in which you can do that is by...
Read moreAverage Retirement Age
Depending on the country or state that they live in, everyone has an age at which they are legally allowed to retire. However, there are...
Read moreAttrition Rate
As much as some companies love to change overnight for various reasons, people leaving the company is never a good change to embrace. As an...
Read moreAcceptance Rate
There are times when people try their luck at getting a job at your company. Some candidates are what you’ve been looking for, while others...
Read moreAbsenteeism Rate
We all get sick or have emergencies at some point. Sometimes, we are simply unable to get to work – and this has nothing to...
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