TalentAcquisition.net

Recruiting Articles, Benchmarks and Metrics

RSS

The Pre-Metric

By Nick Burkholder Human resources are wonderfully complex. You think you have the right structure or systems in place and then you don’t get the results that you expect. And sometimes it is the opposite of what you expected. Why don’t they just do it right? It can be frustrating work. Several years ago I

Read More…

Average Time to Promotion

Formula: Length of work time before promotion / Employees promoted Usage: Determines the average length of time typical before an employee is promoted. Example: Company A promoted 10 employees last month. Of those 10, three had been with the company for one year before being promoted, four had been with the company for two years

Read More…

Training Staff Ratio

Formula: Average headcount of staff devoted to training / Total full-time employees Usage: Determines the number of employees for every full-time equivalent training-function employee. Example: Company A has 500 employees. Of those, eight are dedicated to training. The training staff ratio equals eight training staff members divided by 500 employees, which equals 1.6 percent. Pros:

Read More…

Training-Penetration Rate

Formula: Employees completing courses / Total employees to be trained Usage: Determines percentage of employees completing specific course or content training. Example: Company A began training employees last year for a new program they’re implementing. Of the 90 employees they plan to train, 40 have been trained. The training penetration rate equals 44.4 percent. Pros:

Read More…

Training Investment Factor

Formula: Total training costs / Headcount Usage: This metric determines how much money in training is being spent on each employee. Example: Company A spent $10,000 on training last year. There are currently 45 employees at Company A. The training investment factor equals $222.22 per employee Pros: Should be compared against pre- and post-test scores

Read More…

CyberChimps