HR Metrics Calculators

Human resource professionals are using metrics more frequently to help understand the impact of HR on the bottom line.  Click any of the terms below to learn the definition and formula for the following metrics:

Calculator Link Description
Revenue per Employee Revenue per Employee, also known in its more advanced form as the Human Capital Revenue Factor, quantifies the value of labor as a revenue generator to an organization.
Profit per Employee   Profit (or Loss) per Employee quantifies what value, as reflected by profit or loss, employees contribute to the organization.
HR Expense Factor HR Expense factor is a measurement that demonstrates a cost of the human resource function as a percentage of an organization’s total expense
Total Compensation as a Percentage of Revenue The Total Compensation as a Percentage of Revenue factor is an indicator measurement that is used to monitor labor costs.
Absence Rate Calculating the absence rate helps an organization determine the number of days lost as a result of all absences from work during a given period. 
Turnover Rate Turnover is an area heavily studied by all organizations to determine movement out of an organization (separations).
Cost per Hire Cost per hire calculates what the true cost of hiring a new employee through external avenues and or through internal placement. 
Turnover/Replacement Cost Turnover/Replacement Cost measures the cost of turnover and looks at the cost of replacing the exiting employees. 
Benefit Cost as a Percentage of Revenue The Benefit Cost as a Percentage of Revenue factor is an indicator measurement that is used to monitor non-taxable/non-cash labor costs.
Benefit Cost as a Percentage of Total Compensation The Benefit Cost as a Percentage of Total Compensation is an indicator measurement that is used to monitor non-taxable/non-cash labor costs.
Variable Compensation as a Percentage of Total Compensation Variable compensation as a percentage of total compensation is a measurement that demonstrates how much of an organization’s total compensation can vary with the revenues of the organization.
Time to Fill Jobs Time to fill is a measurement of how long it takes an organization to fill a position once the opening has been approved.