Definition | This KPI measures the total cost incurred to perform the process group ‘develop and manage HR planning policies and strategies’ in relation to the revenue generated per $1000. |
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Calculation | Total cost to perform the process group ‘develop and manage HR planning policies and strategies’ divided by the revenue per $1000. |
Unit of Measurement | US Dollars |
Function | Develop and manage human resources (HR) planning, policies and strategies – HR |
Method of Estimation | Obtained by summing up all costs (e.g., salaries, training, technology) related to the HR planning policies and strategies process group, and then dividing the sum by the revenue per $1000. |
Timeframe | Usually measured on an annual basis. |
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