Track how effectively a contractor workforce moves into permanent employment. Enter the starting contractor population, completed conversions, and an optional target rate to see the actual conversion rate, the remaining contractor count, and the additional hires needed to reach the target. This is a headcount planning measure—not a judgment about whether every contractor should convert.
The main result is the share of the original contractor cohort that became employees. Compare cohorts over the same observation window.
Exclude contractors added after the cohort start, or add them to both the cohort definition and reporting consistently.
With 120 starting contractors and 30 conversions, the conversion rate is 30 ÷ 120 × 100 = 25%. A 35% target requires 42 conversions, so 12 more are needed.
No. For a cohort conversion rate, freeze the starting group and track only conversions from that group.
No. Conversions cannot exceed the starting cohort; the calculator flags that input.
People are indivisible, so reaching a percentage target requires the next whole conversion.
Not necessarily. Some engagements are intentionally temporary and should not be expected to convert.
Use a consistent period such as a quarter or year and compare only cohorts with similar time to convert.
| Input | Meaning | Unit |
|---|---|---|
| Starting contractor headcount | User-entered planning assumption | people |
| Contractors converted | User-entered planning assumption | people |
| Target conversion rate | User-entered planning assumption | % |