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HR Metrics- Gary Dessler

- 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) ÷ Number of Hires

 - Health Care Costs per Employee:

 Total cost of health care ÷ Total Employees

 - HR Expense Factor:

 HR expense ÷ Total operating expense

 - 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

 -Time to fill:

 Total days elapsed to fill requisitions ÷ 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 ÷ Average number of employees during month] × 100

 -Workers’ Compensation Cost per Employee:

 Total WC cost for Year ÷ Average number of employees

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