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)
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Number of Hires
Health Care Costs per Employee:
Total cost of health care
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Total Employees
HR Expense Factor:
HR expense
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Total operating expense
Time to fill:
Total days elapsed to fill requisitions
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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
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Average number of employees during month] × 100
Workers’ Compensation Cost per Employee:
Total WC cost for Year
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Average number of employees
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
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