| Definition | This KPI measures the total cost incurred in managing employee development and developing/training employees, relative to every $1000 of revenue generated. |
|---|---|
| Calculation | Total cost to perform ‘manage employee development’ and ‘develop and train employees’ / Total revenue * 1000 |
| Unit of Measurement | US Dollars |
| Function | Develop and counsel employees – HR |
| Method of Estimation | The calculation is performed by summing up the costs associated with managing employee development and developing/training employees, dividing it by the total revenue, and then multiplying it by 1000. |
| Timeframe | This KPI should be calculated on a monthly or yearly basis |
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