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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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: 7 --> No Conversion Required

STEP 2: Evaluate Formula

Substituting Input Values in Formula

AVG ELTV = (AVG_rev/n_E)*Avg_tenure --> (2000000/1000)*7

Evaluating ... ...

AVG ELTV = 14000

STEP 3: Convert Result to Output's Unit

14000 --> No Conversion Required

FINAL ANSWER

14000 <-- 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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Average Employee Lifetime Value Formula

LaTeX Go

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 -> 14000 = (2000000/1000)*7.

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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