| Definition | This KPI measures the cost of performing learning administration activities (such as training programs, workshops, and certifications) relative to the revenue generated. It helps assess the efficiency and effectiveness of the learning administration process in relation to the revenue generated by the organization. |
|---|---|
| Calculation | Total cost of learning administration activities / (Revenue / 1000) |
| Unit of Measurement | US Dollars |
| Function | Develop and counsel employees – HR |
| Method of Estimation | The cost of learning administration activities is calculated by summing up the expenses related to training programs, workshops, certifications, learning platforms, and personnel involved in learning administration. Revenue is obtained from the financial records of the organization. |
| Timeframe | Typically, this KPI is measured on an annual basis, but it can also be calculated for specific periods (e.g., quarterly or monthly) to monitor trends and identify areas for improvement. |
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