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Glossary Of Terms For HR Metrics

HR Metrics Glossary

The following is a glossary of terms for HR metrics:

  • Absenteeism Rate


    • The percentage of workdays missed due to unplanned absences

  • Absenteeism Trend


    • Patterns indicating burnout, morale, or operational risk

  • Attrition


    • The reduction in workforce due to resignations, retirements, or other voluntary departures that are not replaced

  • Average Headcount


    • The average number of employees over a specific period, used for trend analysis

  • Average Time to Hire


    • The average number of days between a job requisition being opened and an offer being accepted

  • Bench Strength


    • The availability of internal candidates ready to fill critical roles

  • Compliance Metrics


    • Completion of required training, certifications, and documentation

  • Cost per Hire


    • The total recruiting cost divided by the number of hires made

  • Employee Engagement Score


    • A measure of employee commitment, motivation, and satisfaction, often derived from surveys

  • Employee Turnover Rate


    • The percentage of employees who leave an organization during a given period

  • Full-Time Equivalent (FTE)


    • A standardized measure that converts part-time hours into full-time units

  • Headcount


    • Total number of workers

  • Human Capital ROI


    • A measure of the return on investment in employee compensation and benefits

  • Internal Mobility Rate


    • The percentage of employees who move to new roles within the organization

  • Offer Acceptance Rate


    • The percentage of job offers accepted by candidates

  • Overtime Rate


    • The proportion of total hours worked that qualify as overtime

  • Quality of Hire


    • An evaluation of new hire performance, retention, and cultural fit

  • Retention Rate


    • The percentage of employees who remain with the organization over a specific period

  • Revenue per Employee


    • Total revenue divided by total employees, used to assess workforce productivity

  • Span of Control


    • The number of direct reports managed by a supervisor

  • Succession Readiness


    • The extent to which critical roles have trained and qualified successors

  • Time to Hire (by Role/Department)


    • Days to fill each position

  • Time to Productivity


    • The length of time it takes for a new hire to reach expected performance levels

  • Training Hours per Employee


    • The average number of training hours completed per employee

  • Voluntary Turnover Rate


    • The percentage of employees who leave by choice

For More Information About Accounting and Metrics For HR Professionals:

For details and suggested training courses about Employment Law, go to https://hrtrainingcenter.com/hr-metrics-benchmarking-and-goal-setting.
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