This spreadsheet contains formulas to calculate four HR-related revenue and expense metrics: Revenue per Employee, Profit per Employee, HR Expense Factor and Labor Cost as a Percentage of Revenue. These can be used on an HR scorecard to measure cost--control program effectiveness and financial productivity per employee.
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An organization run by AI is not a futuristic concept. Such technology is already a part of many workplaces and will continue to shape the labor market and HR. Here's how employers and employees can successfully manage generative AI and other AI-powered systems.
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