Total cost to perform the process "manage employee performance" per business entity FTE

This measure calculates business entity's total cost to perform the process "manage employee performance" per business entity FTE (Full Time Equivalent). Total cost is the sum of personnel (compensation/benefits), systems (direct and/or allocated), overhead (direct and/or allocated), other internal, and outsourced costs. The Process "manage employee performance" includes [Defining individual performance objectives. Review performance in order to provide appraisals. Evaluate the efficiency and effectiveness of the current performance program. Update it regularly.]. This Staff Productivity measure is intended to help companies assess the efficiency of their staff related to the process "Manage employee performance".

Benchmark Data

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Measure Category:
Staff Productivity
Measure ID:
110282
Total Sample Size:
284 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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Total annual cost to perform the process "manage employee performance" / Number of business entity FTEs

Key Terms

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

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Cross Industry (7.3.1)

  • 7.3.2.1 - Define employee performance objectives (10479)
  • 7.3.2.2 - Review employee performance (21434)
  • 7.3.2.3 - Manage employee performance (21435)
  • 7.3.2.4 - Evaluate and review performance program (10481)