Headcount
From OrgChart.net
Headcount calculations are one of the most basic organizational metrics used in an organization. Their use spans from creating internal management and financial reports, to external reporting as seen with 10K or 10Q statements. Headcount calculations can be used to create countless other workforce ratios such as turnover rate or workforce compensation.
There are many constraints that can be taken into account when defining the headcount calculation. In fact, even multiple headcount metrics may be desirable. Some metrics are listed below.
- Status: Most organizations only include current employees (including employees on LOA) in their Headcount calculations, but some include those who have retired, left the com. Although Retired and Separated employees are sometimes active in HRMS and ERP systems, in order to present an accurate picture of the workforce, these employees should be excluded from Headcount calculations.
- Type: Employees groups can be arranged by employment type within an organization, including full-time, part-time, contractor, etc. Most organizations exclude non-permanent staff, such as on-shore and off-shore contractors and on-site vendors from Headcount calculations. Organizations that rely heavily on on-shore contract staff may choose to use separate headcount metrics to illuminate the number of people who are on temporary assignments, as well as their distribution across departments and divisions.
- Location: This can be defined by district, country, region, city, state, etc. Headcount by Locations reports are very useful in mapping the distribution of your employees, which is often demanded by government regulations. These statistics can also be used to evaluate whether or not the employees are working in places that most benefit the execution of the organization's priorities.
With an org chart, calculating headcount has never been easier. With the click of a mouse, you are able to expand the chart to show all employees within an organization or just display a particular division. Headcount statistics can be useful when companies are going through various decision making processes, such as budget planning, merging, acquisitions, and layoffs.
See Also
- Workforce Analytics
- Gender Ratio
- Ethnic Diversity Ratio
- Age Ratio
- Job Type Census
- Employee Benefit Participation
- Average Salary Metric
- Open Requisitions
- Performance Metrics
- Salary Roll-Up Metric
- Tenure Metrics
- Turnover Ratio
- Workforce Planning
