51 HR Metrics Cheat Sheet
51 HR Metrics Cheat Sheet
Cheat Sheet
51 of the most important HR metrics
HR PERFORMANCE METRICS
5 Overtime per employee Hours of overtime / total number of hours (contractual hours + overtime) per period
6 Labor cost per employee Total labor cost / total number of employees
9 Labor cost percentage of total expenses Total labor cost / total organizational expenses
11 Absence rate per manager/department Number of absence days per unit / total number of working days per unit
12 Overtime expense per period Overtime pay / total pay per period
15 Voluntary turnover rate # Voluntary Terminates during period / # Employees at the beginning of period (more
information)
16 Involuntary turnover rate # Involuntary Terminates during period / # Employees at the beginning of the period
(more information)
17 Turnover rate of talent # Terminates who qualified as high potentials during period / # Employees at the
beginning of the period (more information)
18 Turnover rate # Terminates during period / # Employees at the beginning of period (more
information)
19 Turnover rate per manager/department # Terminates per unit during period / # Employees in the unit at the beginning of period
(more information)
BUSINESS IMPACT:
20 Cost of absenteeism Total cost of absenteeism =
Total employee hours lost to absenteeism * hourly pay (including benefits) + Supervisor
hours lost in dealing with absenteeism * hourly pay supervisor (including benefits) +
other costs (including temporary staff, training, loss of productivity, quality loss,
overtime, etc.)
24 Time until promotion Average time (in months or years) until promotion
27 Average length of service Average length of service | Length of service of all headcount / headcount
29 Average distance from home Average distance in miles (or km) from home
30 Engagement rate # Employees above the engagement norm in period / headcount at beginning of period
31 Satisfaction rate Number of people who report being satisfied in their job / total number of people
32 Salary hike since last year (Current salary - salary previous year) / salary previous year
33 Time to fill Number of days between publishing a job opening and hiring the candidate
34 Time to hire Number of days between the moment a candidate is approached and the moment the
candidate accepts the job
35 Cost per hire Total cost of hiring / the number of new hires
38 First-year turnover rate Employees who left the organization within 1 year / total number of recruits
39 First-month turnover rate Employees who left the organization within 1 month / total number of recruits
40 Hiring manager satisfaction Number of hires who perform well / total number of hires
BUSINESS IMPACT:
41 Candidate job satisfaction Number of hires who rate themselves as satisfied in their new job / total number of
hires
44 Cost per hire (Total internal cost + total external cost) / total number of hires
45 Offer acceptance rate Number of applicants presented with a job offer / number of applicants who accepted
a job offer
46 Vacancy rate Total number of open positions / total number of positions in organization
47 Application completion rate Total number of people who completed the application / total number of people who
started with the application
48 Yield ratio Number of applicants who successfully completed the stage / total number of
applicants who entered the stage. For example:
● 15:1 (750 applicants apply, 50 CVs are screened)
● 5:1 (50 screened CVs lead to 10 candidates submitted to the hiring manager)
● 2:1 (10 candidate submissions lead to 5 hiring manager acceptances)
● 5:2 (5 first interviews lead to 2 final interviews)
● 2:1 (2 final interviews lead to 1 offer)
● 1:1 (1 offer to 1 hire)
49 Sourcing channel effectiveness Total number of impressions of the channel / number of applications of the channel
51 Cost of getting to Optimum Productivity Total cost involved in getting someone up to speed = onboarding cost + training cost +
Level (OPL) cost of supervision + cost of on-the-job training + (total labor cost * % OPL per month)
until 100% OPL Is reached
HR METRICS & DASHBOARDING
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