Signing Bonus Expense Metric
Measure the average size of the signing bonus for all new hires.
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Overview
The Signing Bonus Expense metric gives you a view into the additional expenses incurred post-hiring. Signing bonuses will vary depending on position level within the company, so this metric works best if separated by position level within the company.
Formula
(Signing bonus for employee A + Bonus for employee B + Bonus for employee C +…+ Bonus for employee N)/Total number of hires with a signing bonus
Reporting frequency
Annually
Example of KPI target
$10000 in signing bonuses
Audience
HR Head
Variations
Average sign-on bonus expense
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