Definition | This Key Performance Indicator measures the average cost incurred by the Human Resources department to perform the process group ‘develop and counsel employees’ for each business entity employee. |
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Calculation | Total cost to perform the process group ‘develop and counsel employees’ divided by the number of business entity employees |
Unit of Measurement | US Dollars |
Function | Develop and counsel employees – HR |
Method of Estimation | The total cost is derived from the HR department’s budget and the number of business entity employees is obtained from the HR records. |
Timeframe | Reported on a monthly basis. |
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