It is the most straightforward metric but often not well known among employees when an organization has a more than 30 people. Also, headcount metric involved in calculation all other "per employee" calculations like annual profit per employee.
Headcount answer such questions:
How many contractors vs. full-time employees work in a specific department?
How big is the team?
How many people should we have the next year to reach the goal?
Let's calculate the average headcount for a week. On Monday, the company had 15 employees. On Tuesday, 2 employees left the company. On Thursday, a new employee had his first day. Average headcount of the firm for a week is 13.8.
To precisely count the average number of team members, we recommend the use of software which could perform calculations each daily. Metric.ai tracks the number of employees on a daily basis and uses the average headcount in turnover calculations.