| Definition | This Key Performance Indicator measures the cost incurred in managing employee performance for every $1000 of revenue generated. |
|---|---|
| Calculation | Cost of performing the ‘manage employee performance’ process / (Revenue / 1000) |
| Unit of Measurement | US dollars |
| Function | Develop and counsel employees – HR |
| Method of Estimation | This KPI can be calculated by summing up all the costs associated with managing employee performance (such as training, performance reviews, counseling, etc.) and dividing it by the revenue generated, expressed per $1000. |
| Timeframe | This KPI is typically measured on a periodic basis, such as monthly or annually, to assess the efficiency and effectiveness of managing employee performance. |
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