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HR_Metrics_Cheatsheet

The HR Metrics Cheatsheet provides key performance indicators across various HR functions, including service costs, recruitment, engagement, time tracking, performance management, and training metrics. It outlines formulas for calculating metrics such as cost per hire, employee satisfaction, retention rates, and training effectiveness. This resource serves as a quick reference for HR professionals to assess and improve their HR practices.

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Madhurima Das
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35 views

HR_Metrics_Cheatsheet

The HR Metrics Cheatsheet provides key performance indicators across various HR functions, including service costs, recruitment, engagement, time tracking, performance management, and training metrics. It outlines formulas for calculating metrics such as cost per hire, employee satisfaction, retention rates, and training effectiveness. This resource serves as a quick reference for HR professionals to assess and improve their HR practices.

Uploaded by

Madhurima Das
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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HR Metrics Cheatsheet

HR Service & Software Metrics


📌 Cost of HR per Employee = Total HR cost ÷ Total employees

📌 HR Software Participation Rate = (Active users ÷ Total employees) × 100

📌 HR-to-Employee Ratio = Total employees ÷ HR professionals

📌 ROI of HR Software = (Savings/Revenue from software – Cost of software)

Recruitment Metrics
📌 Acceptance Rate = Offers accepted ÷ Offers extended

📌 Cost per Hire = (Internal + External hiring costs) ÷ New hires

📌 Demographics = Workforce breakdown (age, gender, education, tenure)

📌 Headcount = Total employees in org/department

📌 New-Hire Turnover = New hires who leave within X period

📌 Time to Hire = Days from job posting to offer acceptance

📌 Time to Productivity = Time for new hires to reach full productivity

Engagement & Retention Metrics


📌 Employee Satisfaction = Measured via surveys (e.g., eNPS)

📌 Retention Rate = (Employees retained ÷ Total employees) × 100

📌 Retention Rate per Manager = Retention rate per team

📌 Talent Turnover Rate = High-performing employees lost ÷ Total employees

📌 Total Turnover Rate = (Employees who left ÷ Avg. total employees) × 100

📌 Voluntary Turnover Rate = Resignations ÷ Total employees

Time Tracking Metrics


📌 Absence Rate = (Total absence days ÷ Workdays) × 100

📌 Absence Rate per Manager = Absence rate per team

📌 Overtime Hours = Extra hours worked in a given period


Performance Management Metrics
📌 Company Performance = Employee performance vs. engagement levels

📌 Employee Performance = Self, peer, and manager assessments

📌 Goal Tracking = Employee goals linked to company objectives

📌 Performance & Potential = Categorized via models like 9-box

📌 Revenue per Employee = Total revenue ÷ Total employees

Training & Development Metrics


📌 Training Completion Rate = (Completed trainings ÷ Assigned trainings) × 100

📌 Time to Completion = Avg. time to finish training

📌 Training Effectiveness = Assessment scores, feedback, and on-the-job application

📌 Training Expenses per Employee = Total training cost ÷ Total employees

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