← HR Metrics·Workforce Planning
Headcount Budget Utilization
Percentage of approved headcount budget utilized
How it’s computed
actual_hc / approved_hc
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.
“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 51%
“Figure 2.2 shows the percents rounded to the nearest whole number, and they add up to 99. From Table 2.2 , it can be seen that five departments had one to four tenths of a percent that were “lost” in the rounding, so the total was an entire percent less than 100. If you had…”
— Statistics for Compensationmatch 50%
“In the past, the industry average for this ratio was 100 employees to 1 HR staff member. Actual practice varied. In recent times, with the advent of HR department automation, a good target for this ratio is approximately 80 employees to 1 HR staff. • Total HR department expenses…”
— Compensation Benefit Designmatch 48%
Resources: Predictive HR Analytics · Statistics for Compensation · Compensation Benefit Design