HR KPI Examples | Signing Bonus Expense

Signing Bonus Expense

Measure the average size of the signing bonus for all new hires.

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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

Services

BambooHR Dashboard | BambooHR logo

Role

C-Level, VP / Director

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