Definition | This KPI measures the cost of HR personnel involved in managing employee information per $1000 of revenue generated. |
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Calculation | To calculate this KPI, divide the total personnel cost for managing employee information by the revenue generated, then multiply by 1000. |
Unit of Measurement | US Dollars |
Function | Manage employee information – HR |
Method of Estimation | This KPI can be estimated by aggregating the personnel cost and revenue data for a specific period (e.g., monthly, quarterly, or annually). |
Timeframe | This KPI can be measured and monitored on a regular basis, such as monthly or quarterly, to track the efficiency and cost-effectiveness of managing employee information by HR department. |
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