SHRM-CP Key Formulas Exam Actual
Questions and Answers 2026
Cost of hire -
correct answer ✅total costs /
# of new hires
Cost per hire -
correct answer ✅(sum of external costs) + (sum of internal costs)/
total # of hires in time period
Employee absence rate -
correct answer ✅# of days absent in a month /
average # of employees during a month x # workdays in a month
Human capital return on investment -
correct answer ✅employment related expenses /
revenue - nonemployment expenses
human capital value added -
correct answer ✅revenue - nonemployment expenses /
# of full time employees
, SHRM-CP Key Formulas Exam Actual
Questions and Answers 2026
labor productivity -
correct answer ✅sales /
# of employees
recruitment cost ratio (RCR) -
correct answer ✅[(External costs + Internal costs)/
Total first-year compensation of hires in a time period] x 100
retention rate -
correct answer ✅[# of employees who remain employed for entire
measurement period / # of employees at the start of measurement
period] x 100
Revenue per employee -
correct answer ✅Total revenue/
Total number of employees
turnover rate -
correct answer ✅[# of separations during measurement period /
average # of employees during measurement period] x 100
Questions and Answers 2026
Cost of hire -
correct answer ✅total costs /
# of new hires
Cost per hire -
correct answer ✅(sum of external costs) + (sum of internal costs)/
total # of hires in time period
Employee absence rate -
correct answer ✅# of days absent in a month /
average # of employees during a month x # workdays in a month
Human capital return on investment -
correct answer ✅employment related expenses /
revenue - nonemployment expenses
human capital value added -
correct answer ✅revenue - nonemployment expenses /
# of full time employees
, SHRM-CP Key Formulas Exam Actual
Questions and Answers 2026
labor productivity -
correct answer ✅sales /
# of employees
recruitment cost ratio (RCR) -
correct answer ✅[(External costs + Internal costs)/
Total first-year compensation of hires in a time period] x 100
retention rate -
correct answer ✅[# of employees who remain employed for entire
measurement period / # of employees at the start of measurement
period] x 100
Revenue per employee -
correct answer ✅Total revenue/
Total number of employees
turnover rate -
correct answer ✅[# of separations during measurement period /
average # of employees during measurement period] x 100
