Definition | This KPI measures the ratio of new employees hired during a specified timeframe to the total number of employees in the business entity. |
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Calculation | Number of new employees / Total number of employees * 100 |
Unit of Measurement | percent |
Function | Recruit, source and select employees |
Method of Estimation | The calculation is done by dividing the number of new employees hired by the total number of employees in the business entity and then multiplying by 100 to get the percentage. |
Timeframe | Typically measured on a monthly, quarterly, or annual basis. |
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