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Tag: Subscription

Training requests addressed (S)

Definition: It measures the percentage of training request submitted by employees that were addressed by the company. Calculation steps: identify the number of requests for trainingidentify the number of requests addressed by the companydivide the number of request addressed to the total number of requests

Time spent in training (S)

Definition: It measures the total number of working hours spent in training by employees. Calculation steps: identify the employees that passed through a learning experience (elearning/classroom)identify the number of working hours spent by each employee in learning experienceadd all hours in a total

Fit people coverage (S)

Definition: It measures the number of key jobs where the job holder has all mandatory competencies in the desired range level. Calculation steps: identify the number of key jobsidentify the number of key jobs that are filled with employees that have all mandatory competencies in the desired rangedivide the number of key jobs with fit …

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L&D cost to fill (S)

Definition: It measures the ratio between the cost to train and enhance an already employee to occupy a vacancy versus the cost of hiring from the outside a skilled person.  Calculation steps: identify the cost of hiring a new personidentify the cost of training an employeedivide the cost of hiring to the cost of training …

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Successor rate (S)

Definition: It measures the percentage of managerial positions that require succession planning and don’t have a prepared candidate. Calculation steps: identify the number of managerial positionsidentify the number of managerial positions that don't have a prepared candidatedivide the number of managerial positions without a prepared candidate to the total number of managerial positions

Functional area mix (S)

Definition: Measures the breakdown of employee population by functional area. Calculation steps: identify the number of employees within the companycorrelate every employee with their functional areacount the number of employees for each functional areadivide the number of employees in each functional area by the total number of employeesexpress the values into percentages

Manager to individual contributor ratio (S)

Definition: It measures the ratio between the managerial population compared to the individual contributor population. Calculation steps: identify the number of managersidentify the number of individual contributorsdivide the number of managers to the number of individual contributors

Key position & person rate (S)

Definition: It measures the percentage of positions considered key occupied by key people out of the total number of key positions. Calculation steps: identify the positions considered keyidentify the key positions considered key occupied by key peopleidentify the average numbers of key positions within the time framedivide the number of key positions occupied by key …

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Retirement rate (S)

Definition: It measures the percentage of employees retired in a time frame out of the total number of employees. Calculation steps: choose time frameidentify the employees that retired within the time frameidentify the average number o employee within the time framedivide the number of retired employees to the average number of employees