| Definition | This KPI measures the average internal cost incurred by the HR department to perform payroll administration activities for every $1000 of revenue generated. |
|---|---|
| Calculation | Total cost of performing payroll administration activities / (Revenue / $1000) |
| Unit of Measurement | US Dollars |
| Function | 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. |
| Timeframe | Monitored on a monthly basis. |
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