Employee lifetime value

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"Employee value" redirects here. For company branding, see Employee value proposition.

Employee lifetime value (ELTV) is the a metric to estimate the total value an employee brings to an organization throughout their tenure with a company.[1]

Description

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Employee lifetime value is the human resources people analytics metric to estimate the total value an employee brings to an organization throughout their tenure with a company.[1] The term for the metric was coined by Maia Josebachvili.[1]

ELTV encompasses various factors, such as the employee's contributions, performance, skills, and potential impact on business growth and enables a business to determine how much to invest in employee recruitment, retention, and development. ELTV determines the return on investment (ROI) of an employee.[2]

References

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  1. ^ a b c Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
  2. ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).


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