| Definition | This KPI measures the average cost incurred by the Human Resources department for each full-time equivalent (FTE) employee involved in the recruitment, sourcing, and selection process. |
|---|---|
| Calculation | Total cost to perform the HR function / Number of FTEs performing ‘recruit, source and select employees’ process |
| Unit of Measurement | US Dollars |
| Function | Recruit, source and select employees |
| Method of Estimation | Summing up all costs related to the HR function and dividing it by the number of FTEs involved in the recruitment process |
| Timeframe | Monthly |
Return to the full list of HR KPIs
