Definition | This KPI measures the average number of new hires made per full-time equivalent (FTE) employee involved in the process group of recruiting, sourcing, and selecting employees. |
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Calculation | Total number of new hires divided by the number of FTEs performing the process group. |
Unit of Measurement | new hires |
Function | Recruit, source and select employees |
Method of Estimation | This KPI can be calculated by collecting data on the total number of new hires made and the number of FTEs involved in the recruitment process. The data can be obtained from HR records or recruitment software. |
Timeframe | This KPI can be measured on a monthly, quarterly, or annual basis. |
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