Benefit and Time Off metrics

The following metrics are used primarily in the Benefits analysis area. See the object definition for details.

Metric/KPI	Description	Formula
Company Cost	Cost to the company of a benefit per employee, by quarter.	Sum([Company Cost]) {~}
Employee Cost	Cost to the employee of a benefit per employee, by quarter.	Sum([Employee Cost]) {~}
Participants	Number of people participating in a benefit. This can be different from the number of enrolled employees since employees can enroll their family members.	Sum([Number of Participants]) {~}
Enrolled Employees	Number of employees enrolled in a certain benefit.	Count(Employee) {~, Time}
Participation Rate	See formula to the right.	((1.0001 * [Enrolled Employees]) / (1.0001 * Employees))
Avg. Company Cost per Enrolled Employee	See formula to the right.	(Sum([Company Cost]) {~} / [Enrolled Employees])
Avg. Company Cost per Participant	See formula to the right.	(Sum([Company Cost]) {~} / Participants)
Accrued Days	Number of days accrued per employee, per time off type.	NullToZero(Sum([Number of Accrued Days])) {~}
Available Days	See formula to the right.	([Accrued Days] - [Used Days])
Used Days	Number of days used per employee per year.	Sum([Number of Used Days]) {~}