Definition | The total cost incurred to manage employee information per every $1000 in revenue generated. |
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Calculation | Total cost to perform the process group ‘manage employee information’ / (Revenue / 1000) |
Unit of Measurement | US dollars |
Function | Manage employee information – HR |
Method of Estimation | Actual cost data for managing employee information is divided by revenue and scaled to per $1000. |
Timeframe | The cost is calculated over a specified timeframe, usually an accounting period or fiscal year. |
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