Jebra's Flex Payroll automation has an analytics tab that displays insightful graphs. A dashboard is embedded into each payroll period to help you to track your KPIs. Here you can find the details of the analytical graphs:
Employee earnings per attendee
Employee Earnings ÷ Checked-In Reservations
Employee earnings per attendee helps you understand the revenue generated per attendee. This data can be used to optimize pricing and payment structures to maximize revenue and instructor satisfaction.
Attendance Rate
100 × (Checked-In Reservations ÷ Capacity)
Attendance Rate measures how well classes are filled. A high rate can indicate successful marketing or high demand, while a low rate might suggest issues. It's important because it helps you assess class popularity and marketing effectiveness.
Employee earnings per class
Employee Earnings ÷ Number Of Classes
Employee earnings per class helps studios ensure that they are offering competitive compensation in line with industry standards.
Cancellation Rate
100 × (Cancellations ÷ (Checked-In Reservations + Cancellations))
The Cancellation Rate allows you to monitor cancellations in your classes. This information can help identify customer pain points or scheduling challenges, enabling you to make timely interventions and improve customer satisfaction.
Employee earnings missed by cancellations
Employee Earnings Per Attendee × Cancellations
Employee earnings missed by cancellations highlight missed opportunities in instructor earnings due to class cancellations. It prompts studios to refine scheduling, class content, and operational strategies to minimize these losses.
No-show Rate
100 × (No-Shows ÷ (Checked-In Reservations + No-Shows))
No-show Rate evaluates the number of attendees who book but don't show up for classes. This data can lead to improved communication or policy changes to reduce no-shows and enhance overall customer experience.
Bonus as a percentage of earnings
100 × (Class Bonus ÷ Total Earnings For The Class)
Bonus as a percentage of earnings reflects the significance of bonuses in the overall earnings of instructors. It is crucial in motivating and incentivising instructors to perform at their best.
Bonus per attendee
Bonus ÷ Checked-In Reservations
Bonus per attendee reflects the role of bonuses in the overall earnings of instructors. It influences their motivation and performance, making it a key metric to track.
Bonus per class
Class Bonus ÷ Number Of Classes
Bonus per class provides an average of how much instructors typically earn as a bonus for each class. This metric helps studios gauge if their bonus structure is competitive and attractive to instructors.
Note: If you have any more questions or need further assistance with these analytics, feel free to ask support@jebra.io