Definition | This KPI measures the personnel cost incurred to perform the process group “manage employee on-boarding development and training” relative to the revenue generated. It helps assess the efficiency of HR operations in relation to revenue generation. |
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Calculation | Total personnel cost for managing employee on-boarding development and training divided by total revenue, multiplied by 1000. |
Unit of Measurement | US dollars |
Function | Manage employee on-boarding development and training |
Method of Estimation | HR department tracks and maintains records of personnel cost and revenue generated. Calculations are based on these recorded values. |
Timeframe | Typically measured on a monthly or annual basis. |
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