Overhead and other costs to perform the process "manage employee relations" per $100,000 revenue

This measure calculates overhead and other costs to perform the process "manage employee relations" per $100,000 revenue. Overhead cost refers to expenses that an organization cannot identify as direct costs of performing a process. These include occupancy, facilities, utilities, and maintenance, etc. Other cost refers to costs other than personnel, equipment, material, systems, or outsourced expenses for the process (e.g., costs for supplies and office equipment, travel, training, and seminars). 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:
108046
Total Sample Size:
552 All Companies
Performers:
25th Median 75th
- - -
Key Performance Indicator:
No

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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 internal costs * Percentage of internal cost to perform the process "manage employee relations" allocated to overhead and other costs * Total cost to perform the process "manage employee relations" * 0.0001) / (Total business entity revenue * 0.00001)

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.