Average Employee Lifetime Value Calculator

✖Average Yearly Revenue means the amount equal to the sum of the Revenue for each fiscal year of the Performance Period, divided by the number of fiscal years in the Performance Period.ⓘ Average Yearly Revenue [AVG_rev]			+10% -10%
✖The Number of Employees is defined as those persons who work for an employer and who have a contract of employment and receive compensation in the form of wages etc.ⓘ Number of Employees [n_E]			+10% -10%
✖Average Length of Employee Tenure refers to the average length of time that an employee stays with their current employer.ⓘ Average Length of Employee Tenure [Avg_tenure]			+10% -10%

✖Average Employee Lifetime Value is a metric that measures the total expected value of the contributions an employee will make to an organization over the lifetime of their employment.ⓘ Average Employee Lifetime Value [AVG ELTV]

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Formula

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Average Employee Lifetime Value

Formula

`"AVG ELTV" = ("AVG"_{"rev"}/"n"_{"E"})*"Avg"_{"tenure"}`

Example

`"12000"=("2000000"/"1000")*"6"`

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Average Employee Lifetime Value Solution

STEP 0: Pre-Calculation Summary

Formula Used

Average Employee Lifetime Value = (Average Yearly Revenue/Number of Employees)*Average Length of Employee Tenure
AVG ELTV = (AVG_rev/n_E)*Avg_tenure
This formula uses 4 Variables

Variables Used

Average Employee Lifetime Value - Average Employee Lifetime Value is a metric that measures the total expected value of the contributions an employee will make to an organization over the lifetime of their employment.
Average Yearly Revenue - Average Yearly Revenue means the amount equal to the sum of the Revenue for each fiscal year of the Performance Period, divided by the number of fiscal years in the Performance Period.
Number of Employees - The Number of Employees is defined as those persons who work for an employer and who have a contract of employment and receive compensation in the form of wages etc.
Average Length of Employee Tenure - Average Length of Employee Tenure refers to the average length of time that an employee stays with their current employer.

STEP 1: Convert Input(s) to Base Unit

Average Yearly Revenue: 2000000 --> No Conversion Required
Number of Employees: 1000 --> No Conversion Required
Average Length of Employee Tenure: 6 --> No Conversion Required

STEP 2: Evaluate Formula

Substituting Input Values in Formula

AVG ELTV = (AVG_rev/n_E)*Avg_tenure --> (2000000/1000)*6

Evaluating ... ...

AVG ELTV = 12000

STEP 3: Convert Result to Output's Unit

12000 --> No Conversion Required

FINAL ANSWER

12000 <-- Average Employee Lifetime Value

(Calculation completed in 00.004 seconds)

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Created by Kashish Arora

Satyawati College (DU), New Delhi

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Verified by Vishnu K

BMS College of Engineering (BMSCE), Bangalore

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< 11 Human Resource Metrics Calculators

Hourly Paycheck

Go Hourly Paycheck = Income till Date+(Regular Working Hours*Wages Paid per Hour)+(Overtime Hours Worked*Wages Paid per Hour from Overtime Hours)-Taxes

Quality of Hire

Go Quality of Hire = (Job Performance Score+Ramp Up Time Score+Engagement Score+Cultural Fit Score)/Number of Indicators

Average Employee Lifetime Value

Go Average Employee Lifetime Value = (Average Yearly Revenue/Number of Employees)*Average Length of Employee Tenure

Human Capital Return on Investment

Go Human Capital Return on Investment = (Revenue-Non Human Capital Expenses)/Human Capital Expenses

Cost Per Hire

Go Cost Per Hire = (External Recruiting Expenses+Internal Human Resource Expenses)/Successful Hires

Employee Churn Rate

Go Employee Churn Rate = (Number of Employees Left/Total Number of Employees Remaining)*100

Employee Turnover Rate

Go Employee Turnover Rate = (Employees Separated/Average Number of Employees)*100

Absenteeism Rate

Go Absenteeism Rate = Total Unplanned Leave/Number of Working Days*100

Average Training Hours

Go Average Training Hours = Total Training Hours/Number of Employees

Overtime Percentage

Go Overtime Percentage = (Overtime Hours/Regular Hours)*100

Employee Satisfaction Index

Go Employee Satisfaction Index = (((Total Score Value of 3 Questions/3)-1)/9)*100

Average Employee Lifetime Value Formula

Average Employee Lifetime Value = (Average Yearly Revenue/Number of Employees)*Average Length of Employee Tenure
AVG ELTV = (AVG_rev/n_E)*Avg_tenure

What is Employee Lifetime Value ?

Employee Lifetime Value is a metric that measures the total expected value of the contributions an employee will make to an organization over the lifetime of their employment. ELTV relates to the marketing concept of customer lifetime value, which measures the total value a customer will bring to a business over the lifetime of that relationship.
Likewise, rather than focusing only on the value an employee can provide today or over the next year, ELTV takes a more long-term approach to provide additional insight. Employee lifetime value begins on an employee’s first day at a company and ends on their last day working for that company.

How to Calculate Average Employee Lifetime Value?

Average Employee Lifetime Value calculator uses Average Employee Lifetime Value = (Average Yearly Revenue/Number of Employees)*Average Length of Employee Tenure to calculate the Average Employee Lifetime Value, The Average Employee Lifetime Value is a metric that measures the total expected value of the contributions an employee will make to an organization over the lifetime of their employment. Average Employee Lifetime Value is denoted by AVG ELTV symbol.

How to calculate Average Employee Lifetime Value using this online calculator? To use this online calculator for Average Employee Lifetime Value, enter Average Yearly Revenue (AVG_rev), Number of Employees (n_E) & Average Length of Employee Tenure (Avg_tenure) and hit the calculate button. Here is how the Average Employee Lifetime Value calculation can be explained with given input values -> 12000 = (2000000/1000)*6.

FAQ

What is Average Employee Lifetime Value?

The Average Employee Lifetime Value is a metric that measures the total expected value of the contributions an employee will make to an organization over the lifetime of their employment and is represented as AVG ELTV = (AVG_rev/n_E)*Avg_tenure or Average Employee Lifetime Value = (Average Yearly Revenue/Number of Employees)*Average Length of Employee Tenure. Average Yearly Revenue means the amount equal to the sum of the Revenue for each fiscal year of the Performance Period, divided by the number of fiscal years in the Performance Period, The Number of Employees is defined as those persons who work for an employer and who have a contract of employment and receive compensation in the form of wages etc & Average Length of Employee Tenure refers to the average length of time that an employee stays with their current employer.

How to calculate Average Employee Lifetime Value?

The Average Employee Lifetime Value is a metric that measures the total expected value of the contributions an employee will make to an organization over the lifetime of their employment is calculated using Average Employee Lifetime Value = (Average Yearly Revenue/Number of Employees)*Average Length of Employee Tenure. To calculate Average Employee Lifetime Value, you need Average Yearly Revenue (AVG_rev), Number of Employees (n_E) & Average Length of Employee Tenure (Avg_tenure). With our tool, you need to enter the respective value for Average Yearly Revenue, Number of Employees & Average Length of Employee Tenure and hit the calculate button. You can also select the units (if any) for Input(s) and the Output as well.

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