Definition The average cost incurred by the HR organization to administer HR activities per $1000 of revenue generated.
Calculation Total HR administration cost / (Total revenue/1000)
Unit of Measurement US dollars
Function HR organization
Method of Estimation Summing up the cost spent on various HR administration activities and dividing it by the revenue generated, then multiplying it by 1000 to get the cost per $1000 revenue.
Timeframe Usually measured on a monthly or annual basis depending on requirements.

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