| 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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