Organic Net New Hires

New hires (the number of FTEs joining the company) less turnover (the number of FTEs leaving the company) during the reporting year [calendar or financial], with any changes due to M&A excluded. Excludes any FTE growth or decline due to a business acquisition or business unit divestiture. FTE refers to Full Time Equivalent (at the end of the reporting year), not absolute headcount to enable comparisons taking into account part-time labour.