Revenue per employee is a ratio that is calculated as company's revenue divided by the current number of employees. Measuring Human Resource costs (HR costs, also called Human Resource costing), is a key component of HR accounting. Estimating the Size and Composition of the Hospital Maintenance Staff.

Our IT Spending and Staffing Benchmarks study makes the job easier by providing an IT spending framework with hundreds of ratios, statistics, and other IT cost metrics for strategic IT budget analytics. In this article, we’ll explain what Human Resource costing is, why you should measure costs, how to do it and why just measuring Human Resource costs is not enough. Cost Per Person Model 2.0 (CPPM) The CPPM is an Excel-based tool designed to enable users to benchmark and compute the cost per person for real estate (workspace), individual information technology, and telecommunications. (See graph below.)

Preparing a benchmark for IT spending or IT employee staffing levels can be a difficult exercise for any business. Please review. NOTE: (You could also use the average of 670 hours worked a year by part-time employees to determine how much of an FTE each part-time employee is on average and multiply that times the number of part timers (670/1820 = 0.36 FTE; 10 part-time employees x.368 FTE each=3.68 total FTE) You could process the same volume per FTE as someone else but at a higher cost because of your organisations cost choices. This metric helps you to understand cost expenditure to develop and manage human capital. An FTE is the hours worked by one employee on a full-time basis.

Of the 1,485 organizations reporting data on this measure to APQC’s database, the bottom 25% are spending $10 or more per invoice processed. I t has almost become a cliché for a company to state that ”People Are Our MOST Important Assets” and yet it’s true.
Please review. Divide your company’s total yearly hours by your Yearly FTE Hours to estimate your “actual” number of full-time employees for comparison with your competitor: Yearly Hours [44,200] / FTE Hours [2,080 per year] = FTE Employees [21.25] Now, calculate your square feet per “employee”: Peter Lufkin. The concept is used to convert the hours worked by several part-time employees into the hours worked by full-time employees. Abstract: This note des cribes an approach to estimating the size and composition of the maintenance staff for hospitals. FTE is often used to measure a worker's or student's involvement in a project, or to track cost reductions in an organization. Small companies have higher HR costs per employee than medium or large industries. The Cost per FTE for this time period would be $400. We thought this was a great article wriiten by CBRE. Although those metrics can be applied to any industry, this article focuses on the biopharmaceutical industry. The best performers — those who rank among in the top 25% on this measure — can do the same task at a cost of $2.07 per invoice or less. Abstract: This note des cribes an approach to estimating the size and composition of the maintenance staff for hospitals. In this article, we’ll explain what Human Resource costing is, why you should measure costs, how to do it and why just measuring Human Resource costs is not enough. Profit per FTE as a Workforce Metric. Great Article on Cost per FTE by CBRE – Transblue. Here, RPF and CPF have been demonstrated as suitable metrics of operational efficiency and performance. To get the most out of the metric, do the same exercise for at least three specific time periods for the organization as a whole, and for separate divisions within the company. Estimating the Size and Composition of the Hospital Maintenance Staff.


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