← HR Metrics·Compensation & Benefits
Benefits Participation Rate
Percentage of eligible employees enrolled in benefits
How it’s computed
COUNT(enrolled) / COUNT(eligible)
What the evidence shows
Evidence (effect sizes, priors, validity) is syncing from Principia.
Run it on your data
This metric is computed in the People Analytics Toolbox on your own numbers. See pricing — posted, no quotes.
sources: toolbox:metrics-catalog
What the literature says
The measurement literature behind this signal — sourced, so you can defend it.
“Typically, participation is voluntary unless a mandatory management referral is made.[B1, B3, B3A, B5, T1, T6, T12, W1, W3, GR1]Employee contributionPayment made by an employee to fund a specific benefit, thereby defraying part or the entire employer’s cost.[B3, B5, C15, T1,…”
— Worldatwork Handbook Compensationmatch 59%
“Owners’ equitySee shareholders’ equity.[T2]Paid time off (PTO) bankA design option for paid leave that combines sick, holiday, vacation and personal leave time into one category of available time off that the employee manages with certain employer guidelines.[B1, B3, B5, T6,…”
— Worldatwork Handbook Compensationmatch 53%
“Employees may progress from step to step on the basis of time-in-grade, performance, or the acquisition of new job skills.[C4, GR4]Pay surveyGathering, summarizing and analyzing data on wages and salaries paid by other employers for selected key classes of jobs or benchmark…”
— Worldatwork Handbook Compensationmatch 53%
Resources: Worldatwork Handbook Compensation