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New Role Creation Rate

Rate at which new positions are being created

How it’s computed

COUNT(new_roles) / total_roles

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.

  • Percentage of open positions analytics: The formula for percentage of open positions is, Percentage of open positions = Total number of open positions / Total number of open positions in the company A high percentage of open positions can indicate jobs that have high attrition.…

    People Analytics Text Mining with Rmatch 51%

  • Percentage of open positions analytics: The formula for percentage of open positions is, Percentage of open positions = Total number of open positions / Total number of open positions in the company A high percentage of open positions can indicate jobs that have high attrition.…

    Predictive HR Analyticsmatch 51%

  • 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 49%

Resources: People Analytics Text Mining with R · Predictive HR Analytics