Outsourced cost to perform the process "manage employee relations" per $1,000 revenue

This measure calculates outsourced cost to perform the process "manage employee relations" per $1,000 revenue. Outsourced cost refers to the total cost of outsourcing a specific process to a third party, except one-time charges for any type of restructuring or reorganization. Outsourced costs should also include costs for intracompany outsourcing (i.e., reliance on a shared services center or other business entity). The process "manage employee relations" includes [Managing employee health, employee safety, labor relations, the collective bargaining process, and labor management partnerships]. This Cost Effectiveness measure is intended to help companies understand this cost expenditure related to the process "Manage employee relations".

Benchmark Data

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Measure Category:
Cost Effectiveness
Measure ID:
108045
Total Sample Size:
405 All Companies
Performers:
25th
- Median
- 75th
-
Key Performance
Indicator:
No

Compute this Measure

Units for this measure are dollars.

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(Percentage of total cost to perform the process "manage employee relations" allocated to external costs * Total cost to perform the process "manage employee relations" * 0.01) / (Total business entity revenue * 0.001)

Key Terms

There are no key terms associated with this measure.
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Measure Scope

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Cross Industry (6.0.0)

  • 6.3.3.1 - Manage health and safety (10482)
  • 6.3.3.2 - Manage labor relations (10483) - Managing labor relations, the collective bargaining process, and the relationships between the labor and management. Take care of employee grievances.
  • 6.3.3.3 - Manage collective bargaining process (10484) - Managing any negotiations between an employer and a group of employees that determine the conditions of employment. Engage employees to reach agreements in regulating working conditions.
  • 6.3.3.4 - Manage labor management partnerships (10485) - Handling partnerships between labor and management. Develop a lasting two-way relationship that is beneficial for the labor, management, and the organization.