| Definition | This Key Performance Indicator measures the cost of the HR function per $1000 of revenue. |
|---|---|
| Calculation | Total HR function cost / (Revenue / 1000) |
| Unit of Measurement | US dollars |
| Function | HR organization |
| Method of Estimation | The cost of performing the HR function is calculated by adding up all the relevant HR costs (salaries, benefits, training, etc.). Revenue is divided by 1000 to normalize it to per $1000. The resulting ratio represents the cost of HR per $1000 of revenue. |
| Timeframe | It is calculated for a specific period, such as monthly, quarterly, or annually. |
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