peopleanalyst

HR Metrics Library

The measures the field runs on — profiled.

147 metrics, defined and evidenced.

Each profile says what the metric measures, how it’s computed, how to segment it, and what the research actually shows. The catalog comes from the People Analytics Toolbox; the evidence from Principia.

Compensation & Benefits · 45

  • 401k Participation Rate

    Percentage of employees contributing to retirement plans

  • Actual vs Plan Variance

    Variance of actual comp spend against budget, by area × function × geography.

  • Aggregate Compa-Ratio

    Average rate actually paid over a population divided by the range midpoint — a manager-drift detector. <1 = paying below intent; >1 often from longer tenure / few new hires / low promotion. Computable per range, unit, function, or org (distinct from the employee-grain compa-ratio).

  • Average Base Salary

    Mean base salary across all employees

  • Benefits Participation Rate

    Percentage of eligible employees enrolled in benefits

  • Bonus Payout Rate

    Average bonus as percentage of base salary

  • Compa-Ratio

    Ratio of actual pay to midpoint of salary range

  • Compa-Ratio Drift

    Distribution of employees across compa-ratio bands pre- vs post-cycle, with per-band deltas.

  • Compensation % of EBITDA

    Annual compensation spend as a share of (implied) EBITDA.

  • Compensation % of Revenue

    Annual compensation spend as a share of (implied) revenue.

  • Compensation per FTE

    Annual compensation spend divided by full-time-equivalent count.

  • Cost per Employee

    Total employment cost per employee

  • Discretionary Award Amount

    Discretionary award dollars from the rating lookup plus any population-status adjustment.

  • Equity Award Amount

    Equity grant dollars allocated to an employee from their decision unit's budget, pro-rated by relative multiplier.

  • Equity Multiplier

    Per-employee equity weighting (by performance rating) used to allocate the unit equity budget.

  • Explained Pay-Gap Share

    Portion of a between-cohort raw pay gap attributable to legitimate measured factors (Oaxaca–Blinder explained component, β_B convention).

  • Grade / Range Overlap

    Degree to which an adjacent grade's range shares dollar territory with the one below. Driven by range spread + midpoint differential; design rule: avoid overlapping >3-4 grades.

  • Health Insurance Cost

    Per-employee health insurance cost

  • Market Index of Competitiveness

    Company pay relative to the market rate for a job (or aggregated). 100 = at market; ±10% tolerance → 95-105% is fully competitive. Distinct from market-median (which describes the market); this is company-vs-market position.

  • Market Median Hourly Wage

    BLS OEWS median hourly wage by SOC × geography, via multi-tier resolution (observed national > observed subnational > geo-index projected > national projected).

  • Market Pay Range Percentiles

    Market hourly-pay percentile distribution (p10/p25/p75/p90) around the median for a SOC × geography.

  • Median Base Salary

    Median base salary across all employees

  • Merit Increase Amount

    Dollar value of the merit increase for an employee.

  • Merit Increase Rate

    Merit increase as a fraction of base salary, from the merit matrix lookup on performance rating × comp-ratio (or location) bucket.

  • Merit Spend % of Payroll

    Merit spend as a percentage of the payroll base for a segment.

  • Midpoint Progression

    Percentage step between adjacent pay-grade midpoints; for a whole structure, the constant geometric progression. Larger progression → fewer grades.

  • Overtime Cost Ratio

    Overtime pay as percentage of total payroll

  • Overtime Hours

    Average overtime hours per employee per period

  • Pay Coefficient of Variation

    Relative dispersion of a pay distribution — std dev as a percent of the mean — comparable across jobs of very different magnitude. Flags anomalously high internal pay variability / compares survey-source spread.

  • Pay Compression Index

    Share of subordinates paid at or above their manager within a tolerance — a compression-risk indicator (lower is better).

  • Pay Equity Gap

    Gender pay gap as percentage difference

  • Pay P90/P10 Ratio

    Robust pay-spread measure: 90th percentile over 10th percentile. Preferred over the interquartile range (which trims too much). Higher = wider dispersion.

  • Pay-Policy Lead/Lag

    Structure-level strategic posture: the percentage the company's pay-policy line sits above (+lead) or below (−lag) the fitted market line. Can be a per-job-family vector (lead some families, lag others; or 'pay among the leaders' = match a top-payer subset).

  • Point-Factor Job Evaluation Score

    Quantitative, market-independent internal-worth score: sum of weighted points across compensable factors (each scored to a degree level). Hay-style factors: know-how, problem-solving, accountability, working conditions. Builds the job-worth hierarchy.

  • PTO Utilization Rate

    Percentage of allocated PTO days used

  • Range Spread

    Width of a pay range as a percentage of its minimum. Benchmarks by level: ~20-25% production, 30-40% clerical/technical, 40-50% professional/mid-mgmt, 50%+ managerial/exec; broadbands >80%.

  • Revenue per Employee

    Total revenue divided by headcount

  • Salary Budget Variance

    Actual vs budgeted salary expenditure

  • Salary Range Penetration

    Position within salary range (compa-ratio)

  • Skill-Ladder Earning Ratio

    Maximum attainable pay as a percentage of entry pay across a person-based (skill/competency) certification ladder. Worked example: entry 100% → full certification 193% ($10→$19.30/hr). Pay rule: paid at highest certification rate.

  • Total Compensation Cost

    Total payroll cost including benefits and bonuses

  • Total Increase % of Payroll

    Combined merit + promotion + adjustment spend as a percentage of payroll base.

  • Unexplained Pay-Gap Share

    Portion of a between-cohort raw pay gap NOT explained by measured factors (Oaxaca–Blinder unexplained component) — the equity-risk signal.

  • Variable Pay Payout Amount

    Final variable-pay (bonus) payout after applying the target, payout multiple, and cap.

  • Variable Pay Payout Multiple

    Realized payout as a multiple of the bonus target (1.0 = paid at target).

Engagement & Retention · 16

Performance & Development · 18

Regulatory Compliance · 5

  • Pay-Floor Affected Jurisdictions Count

    Number of distinct jurisdictions with at least one noncompliant workforce record. The "footprint" companion to impacted-headcount — useful for prioritizing remediation effort (5 employees across 5 states is a different operational shape than 5 employees in 1 state).

  • Pay-Floor Annualized Dollar Exposure

    Sum of annualized discrepancy across all noncompliant workers — i.e., the total annual underpayment if every "fail" worker received exactly the required minimum for the next 12 months. Hours assumption is the per-worker annualHoursAssumption passed at evaluate-time (default 2080).

  • Pay-Floor Failure Rate

    Share of evaluated workforce records paid below the applicable jurisdictional minimum-wage floor at the evaluation date. A composition metric across the evaluation cohort; the denominator is evaluated workers, not total workforce.

  • Pay-Floor Impacted Headcount

    Absolute count of workforce records currently paid below the applicable jurisdictional minimum-wage floor. The integer companion to pay-floor-failure-rate — both are needed: the rate tells you exposure intensity, the count tells you remediation scope.

  • Pay-Floor Upcoming 30-Day Impact

    Projected pay-floor-dollar-exposure-annual if all rule_versions with announced effective dates in the next 30 days activate as scheduled, applied against the current workforce. The proactive alert metric — answers "what does next month look like?" before the payroll cycle hits.

Talent Acquisition · 17

Workforce Composition · 29

Workforce Planning · 17

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  • (vii) Learning & Development Metrics Metric Name Formula Metric Description Learning & Development Investment per FTE Learning & Development Cost / Permanent FTE The number of dollars invested in learning and development per permanent FTE. Learning & Development Cost Payroll…

    Predictive HR Analyticsmatch 67%

  • A common example of a metric is turnover, or attrition rate; this is a quantitative measure of the percent of total employees who have left an organization within a given time period. A useful metric is repeatable , meaning that it can be calculated on a regular basis; reliable…

    The Compensation Handbook (6th ed.)match 67%

  • Social Security numbers or other personally identifiable information for which inadvertent or deliberate release could result in identity theft. It is also a best practice to limit or significantly restrict the communication and use of employee data that are not relevant to…

    The Compensation Handbook (6th ed.)match 66%

Resources: Predictive HR Analytics · The Compensation Handbook (6th ed.)