Definition This KPI measures the total cost incurred by the Human Resources department in the process of developing and training employees, expressed as a ratio per $1000 of revenue.
Calculation Total cost to perform the process ‘develop and train employees’ / (Total Revenue / $1000)
Unit of Measurement US dollars
Function Develop and counsel employees – HR
Method of Estimation The cost is determined by summing up all expenses related to the development and training of employees, and revenue data is obtained from financial records. The ratio is then calculated.
Timeframe Usually measured annually or monthly, depending on the organization’s reporting cycles.

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