Definition | This KPI measures the average cost incurred to perform the HR function for each employee in a business entity. |
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Calculation | Total cost to perform HR function / Number of business entity employees |
Unit of Measurement | US Dollars |
Function | HR organization |
Method of Estimation | Summing up the HR function costs, including salaries, benefits, training, technology, and dividing it by the total number of business entity employees. |
Timeframe | Usually calculated annually or on a periodic basis. |
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