Definition | This KPI measures the total cost incurred in the process of developing and training employees per business entity employee. |
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Calculation | Total cost to perform the process ‘develop and train employees’ divided by the number of business entity employees. |
Unit of Measurement | US Dollars |
Function | Develop and counsel employees – HR |
Method of Estimation | The cost is calculated by summing up all expenses related to employee development and training, including training costs, employee salaries during training, and any additional costs incurred. |
Timeframe | This KPI is measured annually. |
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