The document outlines the evaluation of HR costs related to recruitment, hiring, and employee turnover. It emphasizes analyzing expenses associated with advertising, onboarding, payroll, and training. Additionally, it highlights the financial impact of employee separation and replacement costs.

1. Identifying HR Costs
Recruitment and Hiring
1
Evaluate expenses associated with recruiting and hiring
new employees, such as advertising, and onboarding costs.
Payroll Analysis
2
Analyze payroll reports to calculate the total labor costs
attributed to HR functions including monetary investment
in HR activities.
Employee Turnover
3
Consider costs related to employee turnover,
like separation packages and expenses
involved in replacing departing employees.
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Financial Records
4
Identify HR-related expenses, including
salaries, benefits, and training costs.