Signing Bonus Expense Metric

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