|This KPI measures the average internal cost incurred by the HR department to perform payroll administration activities for every $1000 of revenue generated.
|Total cost of performing payroll administration activities / (Revenue / $1000)
|Unit of Measurement
|Reward and retain employees – HR
|Method of Estimation
|Calculate the total cost of performing payroll administration activities and divide it by the revenue achieved. Then, divide the result by 1000 to get the internal cost per $1000 revenue.
|Monitored on a monthly basis.
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