Employee lifetime value (ELTV) is the a metric to estimate the total value an employee brings to an organization throughout their tenure with a company.[1]
Employee lifetime value is the human resources people analytics metric to estimate the total value an employee brings to an organization throughout their tenure with a company. The term for the metric was coined by Maia Josebachvili.
ELTV encompasses various factors, such as the employee's contributions, performance, skills, and potential impact on business growth and enables a business to determine how much to invest in employee recruitment, retention, and development. ELTV determines the return on investment (ROI) of an employee.[2]