Metrics & KPIsFull Time Equivalent forecast hit rate
Definition
Number of full-time equivalent employees according to contractual agreement*100/ Number of expected full-time equivalent employees according to budget Example: Number of FTE's in business according to contracts: 20,000 Number of FTE's in business according to budget: 18,000 Hit rate = 20,000*100/18,000 = 111%
Use Case / Interpretation
The purpose is to make sure that the number of full time equivalent employees in business develops according to budget.
Tags
contract, forecast, agreement, employee, staff, budget, full-time