As part of Worknice’s overall insights and reporting capability, customers can access a library of out of the box insights displayed in graphical visualisations or calculated figures. These insights are calculated using industry standards
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Headcount Insights
Total headcount
Total people who are in the organisation who have an active position on the last day of the selected date range.
Positions are active if:
- they have an start date
- the start date is before the selected day
- if there is an end date it is after the selected day
Starters
Total people that started work within the selected date range.
A persons start date is defined by the start date on the first position they have held within the company.
Leavers
Total people that left within the selected date range.
A person is considered to be a leaver if;
1 - They are marked as terminated
2 - They have a job record that has an end date.
The leave date is the job end date, not the day they were marked as terminated.
Turnover rate
We generate turnover rate in the following way:
Turnover rate = Leavers within the sample period / Total headcount at the start of the sample period * 100
This approach is inline with ISO 30414, a universal norm for Human Capital Reporting published in 2018.
Total headcount over time
Total people who are in the organisation who have an active position on the day being sampled.
Positions are active if:
- they have an start date
- the start date is before the selected day
- if there is an end date it is after the selected day
Starters and leavers over time
Total amount of starters and leavers over time.
A starter is defined as someone whose first position's start date is the same day as the date being sampled.
A leaver is defined as someone whose current position's end date is the the same day as the date being sampled.
Gender pay-gap
Pay gap %
We calculate the percentage gender pay gap in the following way.
(Average male salary - Average female salary) / Average male salary * 100.
Note this is for the last day of the selected date range.
This approach is inline with the WGEA definition.
https://www.wgea.gov.au/pay-and-gender/how-to-calculate-gender-pay-gap
Pay gap $
The dollar pay gap is generated by deducting the average female sale from the average male salary.
Note this is for the last day of the selected date range.