KPI Depot takes you from KPI intelligence to finished deliverable. Consultants, strategy teams, FP&A leaders, and analytics teams use it to answer the two hardest questions in performance management, what to measure and what the target should be, and then to produce the scorecard itself.
The difference is intelligence, not just data. Anyone can list metrics. Every KPI in KPI Depot carries 13 practical attributes, from formula and measurement approach to diagnostic questions, risk warnings, and Balanced Scorecard perspective, across 15 corporate functions and 153 industry-specific KPI groups. And every target you set is grounded in our database of 43,621 source-attributed benchmarks, each detailing metric value, company size, time period, industry, geography, sample size, and source. Benchmark data at this scale is otherwise the domain of research services costing thousands to hundreds of thousands of dollars per year.
When your metrics are selected, KPI Depot finishes the job: export an interactive Strategy Map, a Balanced Scorecard with formulas and tracking columns, or a CSV KPI pack, and go from research to working deliverable in hours instead of weeks.
Formerly the Flevy KPI Library, KPI Depot is trusted by teams at organizations including Accenture, EY, IBM, PepsiCo, Samsung, and Vodafone.
Got a question? Email us at [email protected]. For the full list of figures, see KPI Depot at a glance.
FAQs about Engineering Employee Turnover Rate
What is a healthy turnover rate for engineering firms?
A healthy turnover rate typically ranges from 10% to 15% for engineering firms. Rates below this threshold indicate strong employee engagement and satisfaction.
How can turnover affect project timelines?
High turnover disrupts team dynamics and can lead to delays in project delivery. New hires require time to ramp up, which can hinder productivity and project continuity.
What role does company culture play in turnover?
Company culture significantly impacts employee retention. A positive culture fosters engagement, while a toxic environment can drive employees to seek opportunities elsewhere.
How often should turnover be analyzed?
Turnover should be analyzed quarterly to identify trends and address issues promptly. Regular reviews enable organizations to adapt strategies as needed.
Can exit interviews help reduce turnover?
Yes, exit interviews provide valuable insights into why employees leave. This feedback can inform retention strategies and help address underlying issues.
What strategies can improve employee engagement?
Strategies like regular feedback, career development opportunities, and team-building activities can enhance employee engagement. These initiatives foster a sense of belonging and commitment.
Each KPI in our knowledge base includes 13 attributes.
KPI Definition
A clear explanation of what the KPI measures
Potential Business Insights
The typical business insights we expect to gain through the tracking of this KPI
Measurement Approach
An outline of the approach or process followed to measure this KPI
Standard Formula
The standard formula organizations use to calculate this KPI
Trend Analysis
Insights into how the KPI tends to evolve over time and what trends could indicate positive or negative performance shifts
Diagnostic Questions
Questions to ask to better understand your current position is for the KPI and how it can improve
Actionable Tips
Practical, actionable tips for improving the KPI, which might involve operational changes, strategic shifts, or tactical actions
Visualization Suggestions
Recommended charts or graphs that best represent the trends and patterns around the KPI for more effective reporting and decision-making
Risk Warnings
Potential risks or warnings signs that could indicate underlying issues that require immediate attention
Tools & Technologies
Suggested tools, technologies, and software that can help in tracking and analyzing the KPI more effectively
Integration Points
How the KPI can be integrated with other business systems and processes for holistic strategic performance management
Change Impact
Explanation of how changes in the KPI can impact other KPIs and what kind of changes can be expected
BSC Perspective
NEW Mapping to a Balanced Scorecard perspective (financial, customer, internal process, learning & growth)
Explore KPI Depot by Function & Industry
