Definition | The average cost of HR systems and tools utilized to perform HR functions per employee within a business entity. |
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Calculation | Total HR systems cost / Total number of business entity employees |
Unit of Measurement | US dollars |
Function | HR organization |
Method of Estimation | Calculate the annual cost of HR systems and tools used by the HR organization and divide it by the total number of employees within the business entity. |
Timeframe | Measured on an annual basis |
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