Understanding New Hires vs Total New Hires

In another post we discussed the difference between terminations and total terminations. There is similar concept on the hiring side with a twist. I’m going to cover that same topic on the hiring side by looking at new hires and total new hires, but I am going...

What are Retro Hires and Retro Terms?

Human resources is complicated. It’s messy. Thus, keeping track of things is even messier. All of this messiness leads to esoteric concepts like retro-hires and retro-terms. Retro-hires and retro-terms capture a specific situation that rises because of the...

Head Count and the many ways to calculate it

No other metric is more fundamental to Human Resources (HR) than head count. It’s used in so many other calculations that obtaining an accurate count is vitally important for other more interesting analytical metrics. Head count is simple in its idea which is...