GITNUX MARKETDATA REPORT 2023
Must-Know Staffing Kpis [Latest Report]
Highlights: The Most Important Staffing Kpis
- 1. Staff Turnover Rate
- 2. Employee Retention Rate
- 3. Time to Fill
- 4. Cost per Hire
- 5. Training Effectiveness
- 6. Absenteeism Rate
- 7. Employee Engagement
- 8. Job Satisfaction
- 9. Internal Promotion Rate
- 10. Overtime Hours
- 11. Revenue per Employee
- 12. Performance Evaluation Results
Table of Contents
Staffing Kpis: Our Guide
In the domain of staffing and recruitment, KPIs play a vital role in measuring performance and underpinning strategic advantages. In this blog post, we delve deep into the world of staffing key performance indicators (KPIs), based on the latest industry report. Stay tuned as we reveal must-know KPIs that can transform your staffing strategies, boost efficiency, and enhance your overall recruitment efforts.
Staff Turnover Rate
This KPI measures the number of employees who leave the organization during a specific period, indicating the overall employee satisfaction and company culture.
Employee Retention Rate
Contrary to turnover, this KPI measures the percentage of employees retained within an organization during a given time period.
Time To Fill
This KPI measures the average time taken to fill a vacant position within the organization, indicating the efficiency of the hiring process and the ability of the organization
Cost Per Hire
This KPI measures the total expenses incurred during the hiring process, including advertising costs, agency fees, and onboarding expenses.
This KPI evaluates the success of employee training programs by examining the improvement in employee performance and skills after completing training sessions.
This KPI measures the percentage of working days lost due to employee absence.
This KPI assesses the level of employee commitment, enthusiasm, and involvement within the organization, which may directly impact overall productivity and retention rates.
This KPI measures the overall satisfaction of employees with their job roles, work environment, and company culture.
Internal Promotion Rate
This KPI measures the percentage of job vacancies filled by internal candidates, reflecting the organization’s success in employee development and growth opportunities.
This KPI tracks the amount of overtime hours worked by employees, which can be an indication of workload balance or the need for additional staff.
Revenue Per Employee
This KPI measures the financial productivity of employees by dividing the company’s revenue by the total number of employees.
Performance Evaluation Results
Often using a combination of metrics such as goal completion, project success, and feedback from managers or colleagues.
Frequently Asked Questions
What are Staffing KPIs?
Why are Staffing KPIs important for businesses?
What are some examples of commonly tracked Staffing KPIs?
How can a company improve its Staffing KPIs?
How frequently should companies monitor Staffing KPIs?
How we write these articles
We have not conducted any studies ourselves. Our article provides a summary of all the statistics and studies available at the time of writing. We are solely presenting a summary, not expressing our own opinion. We have collected all statistics within our internal database. In some cases, we use Artificial Intelligence for formulating the statistics. The articles are updated regularly. See our Editorial Guidelines.