{
  "version": "1.3.0",
  "releasedAt": "2026-05-20",
  "kpi": {
    "rogueId": "hr.new_hires",
    "slug": "new_hires",
    "domain": "hr",
    "defaultLabel": "New Hires",
    "description": "Count of employees whose first day fell within the reporting period. The growth-input side of the headcount equation, paired with `hr.voluntary_exits` and `hr.terminations` on the loss side. Common pitfall: counting accepted offers vs actual start dates — these can diverge by weeks (notice period) or fall through entirely (offer rescind, candidate ghosting). The board number should be actual starts, not signed offers; pipeline movement belongs in `hr.hiring_plan` narrative.",
    "fieldType": "number",
    "unit": null,
    "maturity": "general",
    "suggestedForStages": [
      "preSeed",
      "seed",
      "seriesA",
      "seriesB",
      "seriesC",
      "public"
    ],
    "defaultOwningFunctions": [
      "HR"
    ],
    "stageRelevance": {
      "preSeed": "recommended",
      "seed": "core",
      "seriesA": "core",
      "seriesB": "core",
      "seriesC": "recommended",
      "public": "recommended"
    },
    "definitionSource": {
      "tier": "editorial",
      "sourceName": "imboard Editorial",
      "sourceUrl": null,
      "sectionRef": null,
      "publicationDate": "2026-04-01",
      "attributionNotice": null
    },
    "formula": "Count of employees whose official start date is within the reporting period. Exclude rehires within 90 days (boomerangs) from this count if the board has adopted that convention; otherwise include and note in `hr.talent_highlights`.",
    "whyItMatters": "Directly drives `hr.headcount_change` and validates execution against `hr.hiring_plan`. Persistent gaps between hiring-plan targets and actual new hires usually indicate either a pipeline problem or compensation-market mismatch — both board-action triggers.",
    "interpretationGuidance": "Reconcile against `hr.open_positions` closed in period and against `hr.hiring_plan` targets. A new-hire count materially below plan (e.g. <70% of target for two consecutive periods) typically warrants a board conversation about recruiting capacity, comp band competitiveness, or scope realism (industry folk-wisdom, not citation-grade).",
    "relatedKpiIds": [
      "hr.open_positions",
      "hr.hiring_plan",
      "hr.headcount_change",
      "hr.avg_days_to_fill",
      "hr.key_hires",
      "hr.total_headcount"
    ],
    "metricBasis": {
      "timeBasis": "period_flow",
      "production": "primary"
    }
  }
}