Definition
Average lead time of joiners in the organization workforce during the period.
Components
Lead Time | The amount of time between the hire date and the start date. |
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Start Date | |
Hire Date | |
Joiner | |
Workforce |
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Period | The organization or organizational unit for whom performance is being measured. |
Rationale
This indicator gives
Limitations
Formula
Let P = (pstart, pend) be the period of time being analyzed with pstart the period start time and pend the period end time.
Let I be the set of completed (non-cancelled) joiner process instances whose joiner start date were within P.
Let n = |I| be the number of joiner process instances in I.
Let H = h1, h2, h3, …, hn be the set of hire notification times of I.
Let S = s1, s2, s3, …, sn be the set of start times of I.
The formula for the indicator is then: y = .