Definition | This Key Performance Indicator (KPI) measures the cost of outsourcing the process group responsible for recruiting, sourcing, and selecting employees, represented as a percentage of the total cost for the entire process group. |
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Calculation | Outsourced cost to perform the process group “recruit, source and select employees” / Total cost of the process group * 100 |
Unit of Measurement | percent |
Function | Recruit, source and select employees |
Method of Estimation | The cost is calculated by summing up all expenses related to outsourcing the specific process group and dividing it by the total cost of the entire process group. |
Timeframe | Typically measured and reported on a periodic basis, such as monthly, quarterly, or annually. |
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