KPI of the Day – Human Resources (HRM): % New hire failure
Definition
Measures the rate at which new employees left the organization (voluntary or by being terminated) in a short time period after being hired (e.g. under 30, 90 or 180 days).
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Measures the rate at which new employees left the organization (voluntary or by being terminated) in a short time period after being hired (e.g. under 30, 90 or 180 days).
Measures the paid time-off hours taken by employees, as a percentage of the total number of paid time-off hours available and paid for.
Measures the amount of money spent by the organization with the workforce employed relative to the total sales revenue generated from workforce employed activities conducted during the measurement period of time.
Measures how desirable an organization is, as a workplace, among both employees and job seekers, according to an index based on survey questions and/or quantitative metrics.
Measures the engagement level of employees in their work activities and responsibilities, in terms of enthusiasm, commitment and discretionary effort.