Number of monthly routine "reward and retain employees" inquiries per process group FTE

This measure calculates number of monthly routine "reward and retain employees" inquiries per process group full-time equivalent employee (FTE). The Process group "reward and retain employees" includes [Creating frameworks for rewarding and recognizing employees with the objective of retaining them. Create and manage programs for provision of rewards, recognition, and motivation. Manage and administer the benefits for employees. Help assist and retain employees. Administer payroll to employees.]. This Staff Productivity measure is intended to help companies assess the efficiency of their staff related to the process group "Reward and retain employees".

Benchmark Data

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Measure Category:
Staff Productivity
Measure ID:
106205
Total Sample Size:
1,915 All Companies
Performers:
25th Median 75th
- - -
Key Performance Indicator:
No

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Compute this Measure

Units for this measure are inquiries.

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Number of routine inquiries received monthly for the process group "reward and retain employees" / Number of FTEs who perform the process group "reward and retain employees"

Key Terms

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FTE - (full-time equivalent employee)

To calculate the number of full-time equivalents employed during the year for each respective process or activity, you must prorate the number of employees and the hours spent performing each process/activity. Assume that a full-time worker represents 40 hours per week. Provide the average number of full-time equivalents employed during the year for each respective process. Include full-time employees, part-time employees, and temporary workers hired during peak demand periods. Allocate only the portion of the employee's time that relates to or supports the activities identified for an applicable process. Prorate management and secretarial time by estimating the level of effort in support of each activity, by process.

For example, a part-time secretary in the finance department for XYZ, Inc. charges all of his time to finance department activities. He works 20 hours per week. The secretary splits his time evenly supporting employees working in the general accounting process and the financial reporting process. Thus, his time should be allocated by process. So, if he works throughout the year and supports these two processes, his time would be split evenly as:

20hrs/40hrs = .5FTE * 50% for general accounting = .25FTE for general accounting

20hrs/40hrs = .5FTE * 50% for financial reporting = .25FTE for financial reporting

Staff Productivity

Staff Productivity is a measure of the efficiency of individuals performing specific processes. Measures in staff productivity generally relate the transaction volume or outcome of the process with the effort in terms of full time equivalent employees to perform the process.

Full-time Employee, Part-time Employee, and Temporary Employee

Full-time Employee

For the purpose of this survey, a regular full-time employee is hired for an indefinite period of time and is normally scheduled to work forty hours per week. Appointment is continuous, subject to satisfactory performance and availability of funding.

Part-time Employee

For the purpose of this survey, a regular part-time employee is hired for an indefinite period of time and is scheduled to work less than forty hours per week.

Temporary Employee

A temporary employee is employed for a finite period of time, to fulfill a time-limited role, or to fill the role of a permanent employee who is absent from work. The length of time an employee can work for the organization and be considered a temporary employee may be governed by employment legislation.

Measure Scope

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Cross Industry (7.3.1)

  • 7.5.1 - Develop and manage reward, recognition, and motivation programs (21438)
    • 7.5.1.1 - Develop salary/compensation structure and plan (10498)
    • 7.5.1.2 - Develop benefits and rewards plan (10499)
    • 7.5.1.3 - Perform competitive analysis of benefits and rewards (10500)
    • 7.5.1.4 - Identify compensation requirements based on financial, benefits, and HR policies (10501)
    • 7.5.1.5 - Administer compensation and rewards to employees (10502)
    • 7.5.1.6 - Reward and motivate employees (10503)
    • 7.5.1.7 - Review retention and motivation indicators (10510)
    • 7.5.1.8 - Review compensation plan (10511)
  • 7.5.2 - Manage and administer benefits (10495)
    • 7.5.2.1 - Deliver employee benefits program (10504)
    • 7.5.2.2 - Administer benefit enrollment (10505)
    • 7.5.2.3 - Process claims (10506)
    • 7.5.2.4 - Perform benefit reconciliation (10507)
  • 7.5.3 - Manage employee assistance and retention (21439)
    • 7.5.3.1 - Deliver programs to support work/life balance for employees (10508)
      • 7.5.3.1.1 - Manage flexible working (21440)
    • 7.5.3.2 - Develop family support systems (10509)
  • 7.5.4 - Administer payroll (10497)