Cost of hire - ANSWER total costs /
# of new hires
Cost per hire - ANSWER (sum of external costs) + (sum of internal costs)/
total # of hires in time period
Employee absence rate - ANSWER # of days absent in a month /
average # of employees during a month x # workdays in a month
Human capital return on investment - ANSWER employment related expenses /
revenue - nonemployment expenses
human capital value added - ANSWER revenue - nonemployment expenses /
# of full time employees
labor productivity - ANSWER sales /
# of employees
recruitment cost ratio (RCR) - ANSWER [(External costs + Internal costs)/
Total first-year compensation of hires in a time period] x 100
1
# of new hires
Cost per hire - ANSWER (sum of external costs) + (sum of internal costs)/
total # of hires in time period
Employee absence rate - ANSWER # of days absent in a month /
average # of employees during a month x # workdays in a month
Human capital return on investment - ANSWER employment related expenses /
revenue - nonemployment expenses
human capital value added - ANSWER revenue - nonemployment expenses /
# of full time employees
labor productivity - ANSWER sales /
# of employees
recruitment cost ratio (RCR) - ANSWER [(External costs + Internal costs)/
Total first-year compensation of hires in a time period] x 100
1