HR Metric Calculators
HR is evolving! As the cost of doing business continues to rise, it's more important than ever for employers to understand their HR function. By linking your HR activities more directly to your company's business Return on Investment (ROI), you can better establish the impact that HR has on your company and take a strategic approach to planning and managing costs. HR Metric calculators provide the tools and benchmark information to start that process!
Our HR Metric calculators will allow you to evaluate twelve important factors, including:
- Revenue per employee
- Profit per employee
- Absence rate
- Turnover rate
- Cost per hire
- Turnover/replacement cost
- Benefit cost as a percentage of total compensation
- Benefit cost as a percentage of revenue
- Time to fill jobs
Each user-friendly calculator comes with a description of the measure and tells you exactly what HR data (such as total number of full-time employees, workdays lost due to absence, etc.) you will need to use it. Short on time? Use only the calculators you need! With a dozen to choose from, you're sure to find the information you're looking for.
To get started, just follow this link: HR Metric Calculators.
New users will initially be required to set up an account for this resource. Setting up an account gives you access to enhanced graphical reporting functionality and allows you to track your results over time. Once your account is set up and confirmed via an email message, you will be able to get started using the calculators.
Please note: The link to the calculators cannot be sent in an email or bookmarked. Whenever you would like to use the calculators, just return to this page of the UEA website and click the link!