Total Average Tenure
|
Total Tenure Regular Headcount |
= | 7.96 |
Definitions
Total Tenure
The total years of employment for all current exempt and nonexempt employees at the end of the reporting period.
Regular Headcount
The average number of regular employees, regardless of hours worked in the reporting unit for the survey period.
Purpose
Total Average Tenure is the average length of service of all active regular employees. This metric measures the commitment of the workforce and the overall effectiveness of efforts to retain employees. ASSOCIATED HUMAN CAPITAL METRICS: Accession Rate, Voluntary/Involuntary Separation Rate, Career Path Ratio, Headcount Trained Percent, Management Ratio, Management Investment Factor, Executives Ratio, and Executives Investment Factor. ASSOCIATED FINANCIAL METRICS: Revenue Factor, Expense Factor, Income Factor, Earnings Factor, Total Employee Cost Factor, Human Capital Value Added, Human Economic Value Added, and Human Capital ROI.
HR Generalist FTE Ratio
|
Regular FTE HR Generalist FTE |
= | 423 |
Definitions
Regular FTE
The equivalent of one regular employee working 40 hours per week for a total of 2080 hours per year. Part-time employees are converted to full-time equivalents.
HR Generalist FTE
The equivalent of one HR generalist employee of the reporting unit working 40 hours per week for a total of 2080 hours per year during the reporting period. For purposes of this element Part-time HR employees are converted to Full-Time Equivalents.
Purpose
HR Generalist FTE Ratio is the number of regular FTE employees that each HR Generalist FTE employee supports in the organization. This ratio indicates the relative strength and role of HR in the larger organization. The specific "1:100" is a misleading generalization that should never be used as a guide, much less a target. ASSOCIATED HUMAN CAPITAL METRICS:
HR Generalist Separation Rate and HR Generalist Staff Breakdown Percent. ASSOCIATED FINANCIAL METRICS: HR Generalist Expense Factor.
HR Specialist FTE Ratio
|
Regular FTE HR Specialist FTE |
= | 419 |
Definitions
Regular FTE
The equivalent of one regular employee working 40 hours per week for a total of 2080 hours per year. Part-time employees are converted to full-time equivalents.
HR Specialist FTE
The equivalent of one HR specialist employee of the reporting unit working 40 hours per week for a total of 2080 hours per year during the reporting period. For purposes of this element Part-time HR employees are converted to Full-Time Equivalents.
Purpose
HR Specialist FTE Ratio is the number of regular FTE employees that each HR Specialist FTE employee supports in the organization. This ratio indicates the relative strength and role of HR in the larger organization. The specific "1:100" is a misleading generalization that should never be used as a guide, much less a target. ASSOCIATED HUMAN CAPITAL METRICS: HR Specialist Separation Rate and HR Specialist Staff Percent. ASSOCIATED FINANCIAL METRICS:
HR Specialist Expense Factor.
HR Administrative (Job) FTE Ratio
|
Regular FTE HR Administrative FTE (Job) |
= | 420 |
Definitions
Regular FTE
The equivalent of one regular employee working 40 hours per week for a total of 2080 hours per year. Part-time employees are converted to full-time equivalents.
HR Administrative FTE (Job)
The equivalent of one regular full-time and part-time HR administrative assistant of the reporting unit working 40 hours per week for a total of 2080 hours per year during the reporting period. For purposes of this element Part-time HR employees are converted to Full-Time Equivalents.
Purpose
HR Administrative (Job) FTE Ratio is the number of regular FTE employees that each HR Administrative (Job) FTE employee supports in the organization. This ratio indicates the relative strength and role of HR in the larger organization. The specific "1:100" is a misleading generalization that should never be used as a guide, much less a target. ASSOCIATED HUMAN CAPITAL METRICS: HR Administrative (Job) Separation Rate and HR Administrative (Job) Staff Breakdown Percent. ASSOCIATED FINANCIAL METRICS: HR Administrative (Job) Expense Factor.
