Personnel cost to perform the process "manage employee relations" per process FTE

This measure calculates personnel cost to perform the process "manage employee relations" per process full-time equivalent employee (FTE). Personnel cost refers to employee personnel compensation (salaries and wages, bonuses, overtime and benefits) and fringe benefits (e.g. contributions made towards agovernment retirement fund for employees, workers compensation, insurance plans, savings plans, pension funds/retirement plans, stock purchase plans), and special allowances such as relocation expenses and car allowances. 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".

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Measure Category:
Cost Effectiveness
Measure ID:
108047
Total Sample Size:
559 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 personnel costs * Total cost to perform the process "manage employee relations" * 0.0001) / Number of FTEs who perform the process "manage employee relations"

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.