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

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