Signing Bonus Expense Metric
Measure the average size of the signing bonus for all new hires.
Track all your HR KPIs in one place
Sign up for free and start making decisions for your business with confidence.
Sign up with Google
or
Sign up with your emailFree for 14 days ● No credit card required
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
Related Metrics & KPIs
