Payroll Advanced KPIs

The data model captures detailed insights into payroll metrics, including Payroll Earnings, Net Pay, Deductions, Company Contributions, Headcount Variance, Salary Cost, Earnings, Overtime, and Fringe Benefits, alongside variance analysis such as Monthly Payroll Variances and Earnings Variance. It also features metrics like Large Pay Threshold, Employee Headcount Averages, Overtime Percentages, Company Contributions, Fringe Benefits, and Provisions to enable comprehensive monitoring and comparison of financial and operational performance.

Benefits of This Data Model

• Enhanced Financial Monitoring: The data model enables comprehensive tracking and comparison of financial performance through metrics such as Payroll Earnings, Net Pay, and Salary Cost.
• Operational Performance Analysis: Facilitates detailed examination of operational performance with measures like Headcount Variance, Overtime Percentages, and Large Pay Threshold.
• Variance Analysis: Allows for in-depth analysis of monthly payroll variances and earnings variances for effective decision-making based on insights from MoM Earnings Variance and Employee Earnings MoM Var %.
• Employee Insights: Provides valuable insights into employee-related metrics such as Employee Gender, Employee Age, and Employee Headcount Averages for workforce management and planning.

Key Performance Indicators (KPIs)

• Payroll Earnings: Total earnings paid out to employees during the specified time period.
• Payroll Net Pay: Total amount of money employees receive after deductions have been taken out.
• Payroll Deductions: Sum of all deductions withheld from employees' paychecks, such as taxes, insurance, and retirement contributions.
• Payroll Company Contributions: Employer contributions towards benefits like retirement plans, health insurance, and other employee benefits.
• Payroll TYMTD Headcount (Active): Total number of active employees as of the current month in the year-to-date period.
• Payroll LMTD Headcount (Active): Total number of active employees at the last month's end in the month-to-date period.
• Payroll MoM Headcount Variance % (Current Month): Percentage change in headcount from the previous month to the current month.
• Payroll TY Monthly Headcount (Active): Total number of active employees for the current month.
• Payroll LYMTD Headcount (Active): Total number of active employees at the last year's end in the month-to-date period.
• Payroll LY Monthly Headcount (Active): Total number of active employees for the same month in the previous year.
• Salary Cost: Total cost incurred by the company to pay employees' salaries.
• Salary Cost per Employee TYMTD (Avg): Average salary cost per employee in the year-to-date period.
• Salary Cost per Employee LMTD (Avg): Average salary cost per employee in the month-to-date period.
• Salary Cost per Employee YTD (Avg): Average salary cost per employee in the year-to-date period.
• Salary Cost per Employee LYTD (Avg): Average salary cost per employee in the last year-to-date period.
• Salary Cost per Employee YoY Variance %: Percentage change in the average salary cost per employee from the previous year.
• Salary Cost per Employee MoM Variance % (Avg): Percentage change in the average salary cost per employee from the previous month.
• Salary Cost Total TYMTD: Total salary cost incurred in the year-to-date period.
• Salary Cost Total LYMTD: Total salary cost incurred at the last year's same month in the year-to-date period.
• Salary Cost Total LMTD: Total salary cost incurred in the current month in the month-to-date period.
• Salary Cost YoY Variance % (Current Month): Percentage change in salary cost from the previous year in the current month.
• Salary Cost MoM Variance % (Current Month): Percentage change in salary cost from the previous month in the current month.
• Salary Cost YTD: Total salary cost incurred in the year-to-date period.
• Salary Cost YTD Running: Running total of salary cost incurred in the year-to-date period.
• Salary Cost TY Monthly: Total salary cost incurred in the current month.
• Salary Cost TY Monthly (Previous): Total salary cost incurred in the previous month.
• Salary Cost LY Monthly: Total salary cost incurred in the same month last year.
• Salary Cost LY Monthly (Previous): Total salary cost incurred in the previous month last year.
• Salary Cost LYTD: Total salary cost incurred in the last year-to-date period.
• Salary Cost LYTD Running: Running total of salary cost incurred in the last year-to-date period.
• Salary Cost LYTD Monthly: Total salary cost incurred in the same month last year-to-date period.
• Salary Cost TY MoM Variance (%): Percent change in salary cost from the previous month to the current month.
• Salary Cost LY MoM Variance (%): Percent change in salary cost from the same month last year to the current month.
• Salary Cost MoM Variance Δ YoY: Variance in salary cost month over month compared to the same month last year.
• Salary Cost YoY Variance %: Percentage change in salary cost from the previous year.
• Earnings Total TYMTD: Total earnings paid out to employees in the year-to-date period.
• Earnings Total LYMTD: Total earnings paid out to employees at the last year's same month in the year-to-date period.
• Earnings Total LMTD: Total earnings paid out to employees in the month-to-date period.
• Earnings YoY Variance % (Current Month): Percentage change in earnings from the previous year in the current month.
• Earnings MoM Variance % (Current Month): Percentage change in earnings from the previous month in the current month.
• Earnings YTD: Total earnings paid out to employees in the year-to-date period.
• Earnings YTD Running: Running total of earnings paid out to employees in the year-to-date period.
• Earnings TY Monthly: Total earnings paid out to employees in the current month.
• Earnings LYTD: Total earnings paid out to employees in the last year-to-date period.
• Earnings LYTD Running: Running total of earnings paid out to employees in the last year-to-date period.
• Earnings LY Monthly: Total earnings paid out to employees in the same month last year.
• Earnings TY Monthly (Previous): Total earnings paid out to employees in the previous month.
• Earnings LY Monthly (Previous): Total earnings paid out to employees in the same month last year.
• Earnings TY MoM Variance %: Percentage change in earnings from the previous month to the current month.
• Earnings LY MoM Variance %: Percentage change in earnings from the same month last year to the current month.
• Earnings MoM Variance Δ YoY: Variance in earnings month over month compared to the same month last year.
• Earnings Monthly Variance Deviation Ratio: Ratio of variance in monthly earnings to the average monthly earnings.
• Net Pay Total TYMTD: Total net pay distributed to employees in the year-to-date period.
• Net Pay Total LYMTD: Total net pay distributed to employees at the last year's same month in the year-to-date period.
• Net Pay Total LMTD: Total net pay distributed to employees in the month-to-date period.
• Net Pay YoY Variance % (Current Month): Percentage change in net pay from the previous year in the current month.
• Net Pay MoM Variance % (Current Month): Percentage change in net pay from the previous month in the current month.
• Net Pay YTD: Total net pay distributed to employees in the year-to-date period.
• Net Pay YTD Running: Running total of net pay distributed to employees in the year-to-date period.
• Net Pay TY Monthly: Total net pay distributed to employees in the current month.
• Net Pay LYTD: Total net pay distributed to employees in the last year-to-date period.
• Net Pay LYTD Running: Running total of net pay distributed to employees in the last year-to-date period.
• Net Pay LY Monthly: Total net pay distributed to employees in the same month last year.
• Net Pay TY Monthly (Previous): Total net pay distributed to employees in the previous month.
• Net Pay LY Monthly (Previous): Total net pay distributed to employees in the same month last year.
• Net Pay TY MoM Variance %: Percentage change in net pay from the previous month to the current month.
• Net Pay LY MoM Variance %: Percentage change in net pay from the same month last year to the current month.
• Net Pay MoM Variance Δ YoY: Variance in net pay month over month compared to the same month last year.
• Net Pay Monthly Variance Deviation Ratio: Ratio of variance in monthly net pay to the average monthly net pay.
• Net Pay % of Payroll Cost YTD: Percentage of net pay over the total payroll cost in the year-to-date period.
• Net Pay % of Payroll Cost LYTD: Percentage of net pay over the total payroll cost in the last year-to-date period.
• Net Pay % of Payroll Cost YoY Variance: Percentage change in the percentage of net pay over the total payroll cost from the previous year.
• Net Pay per Employee TY (Monthly): Average net pay per employee in the current month.
• Net Pay per Employee LY (Monthly): Average net pay per employee in the same month last year.
• Net Pay per Employee YoY Variance %: Percentage change in average net pay per employee from the previous year.
• Large Pay Threshold (%): Percentage threshold above which a pay increase is considered significant.
• Large Pay Change Flag: Indicator flag for significant pay changes based on the large pay threshold.
• Employee Headcount Average YTD: Average number of employees over the year-to-date period.
• Employee Headcount Average LYTD: Average number of employees over the last year-to-date period.
• Employee Headcount Average YoY Variance %: Percentage change in average employee headcount between the current year and the previous year.
• Overtime TYMTD: Total overtime hours worked in the year-to-date period.
• Overtime LMTD: Total overtime hours worked in the month-to-date period.
• Overtime% TYMTD: Percentage of total hours worked that are due to overtime in the year-to-date period.
• Overtime % LMTD: Percentage of total hours worked that are due to overtime in the month-to-date period.
• Overtime % MoM Variance: Percentage change in overtime percentage from the previous month to the current month.
• Overtime MTD Variance (%): Percent change in overtime hours worked from the previous month to the current month.
• Overtime YTD: Total overtime hours worked in the year-to-date period.
• Overtime TY Monthly: Total overtime hours worked in the current month.
• Overtime YTD (Running): Running total of overtime hours worked in the year-to-date period.
• Overtime LYTD: Total overtime hours worked in the last year-to-date period.
• Overtime LY Monthly: Total overtime hours worked in the same month last year.
• Overtime LYTD (Running): Running total of overtime hours worked in the last year-to-date period.
• Overtime % YTD: Percentage of total hours worked that are due to overtime in the year-to-date period.
• Overtime % LYTD: Percentage of total hours worked that are due to overtime in the last year-to-date period.
• Overtime % YoY Variance %: Percentage change in the percentage of total hours worked that are due to overtime from the previous year.
• Company Contributions YTD: Total company contributions towards benefits in the year-to-date period.
• Company Contributions TY Monthly: Total company contributions towards benefits in the current month.
• Company Contributions YTD Running: Running total of company contributions towards benefits in the year-to-date period.
• Company Contributions LYTD: Total company contributions towards benefits in the last year-to-date period.
• Company Contributions LY Monthly: Total company contributions towards benefits in the same month last year.
• Company Contributions LYTD Running: Running total of company contributions towards benefits in the last year-to-date period.
• Company Contributions TYMTD: Total company contributions towards benefits in the year-to-date period.
• Company Contributions LMTD: Total company contributions towards benefits in the month-to-date period.
• Company Contributions % TYMTD: Percentage of total earnings contributed by the company towards benefits in the year-to-date period.
• Company Contributions % LMTD: Percentage of total earnings contributed by the company towards benefits in the month-to-date period.
• Company Contributions % TY MoM Change: Month-over-month change in the percentage of total earnings contributed by the company towards benefits.
• Company Contributions TY MoM Variance (%): Percentage change in company contributions towards benefits from the previous month to the current month.
• Fringe Benefits YTD: Total fringe benefits provided to employees in the year-to-date period.
• Fringe Benefits TY Monthly: Total fringe benefits provided to employees in the current month.
• Fringe Benefits YTD Running: Running total of fringe benefits provided to employees in the year-to-date period.
• Fringe Benefits LYTD: Total fringe benefits provided to employees in the last year-to-date period.
• Fringe Benefits LY Monthly: Total fringe benefits provided to employees in the same month last year.
• Fringe Benefits LYTD Running: Running total of fringe benefits provided to employees in the last year-to-date period.
• Benefits & Contributions YTD %: Percentage of total benefits and contributions over total earnings in the year-to-date period.
• Benefits & Contributions LYTD %: Percentage of total benefits and contributions over total earnings in the last year-to-date period.
• Benefits & Contributions YoY %Δ: Percentage change in the percentage of total benefits and contributions over total earnings from the previous year.
• Provisions TY Monthly: Total provisions set aside for future expenses in the current month.
• Provisions LY Monthly: Total provisions set aside for future expenses in the same month last year.

Available Visualisations

View Name	Description
Payroll Monthly Variances	Monthly variations in payroll costs compared to budget.
MoM Earnings Variance	Month-over-month variance in earnings for analysis.
Employee Earnings MoM Var %	Percentage change in employee earnings month-over-month.
Payroll by Component	Breakdown of payroll costs by different components.