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Cost per Employee

Total employment cost per employee

How it’s computed

total_cost / headcount

What the evidence shows

Evidence (effect sizes, priors, validity) is syncing from Principia.

What this metric can show you

Cost per Employee can tell roughly 22 pre-built stories — each a designed scene the data either confirms or it doesn’t. Bring your numbers and the Story Finder runs every one of these shapes against them.

specific to compensation & benefits

ABCDE

A real gradient — now ask if it's pointed at value

compensation · T1

ABCDE

Below the market, across the board

compensation · T1

ABCDE

One group sits apart on a decision that should be neutral

fairness-equity · T1

Pay is drifting from plan

compensation · T1

universal shapes — any single metric can take these

A few large values are doing the talking

any focus · T1

A one-time event, not a trend

any focus · T1

It doesn't track — the premise is false

any focus · T1

ABCDE

It's concentrated — one group stands apart

any focus · T1

Scenes are pre-built; your data is the toggle. Browse the full deck or watch one play end-to-end in The Quiet Exodus.

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.

  • The first and most traditional measure of recruiting cost is cost-per-hire, as I explain next. Cost-per-hireCost-per-hire measures the economic cost of the effort taken to fill an open job. Given that filling an open job is in no way, shape, or form a uniform task, you can…

    People Analytics For Dummiesmatch 55%

  • Labour Cost Expense Percent Labour Cost / Operating Cost The total labour costs as a percentage of total expenses. Labour cost can be a significant operating expense, in an organization that relies on human capital to generate value. Review this with Revenue per FTE to ensure…

    Predictive HR Analyticsmatch 53%

  • We do so in Exhibit 3-2 . Exhibit 3-2. Elements of the Total Compensation Framework (continuing the discussion from Chapter 1 ) [image "Image" file=Image00020.jpg] In the discussions about the projections of total compensation forecasting, expenditures normally paid via expense…

    Compensation Benefit Designmatch 51%

Resources: People Analytics For Dummies · Predictive HR Analytics · Compensation Benefit Design