This document contains information about HR analytics metrics such as cost per hire, training cost per employee, sourcing channel cost, and cost of HR per employee. It provides the formulas to calculate each metric and an example for calculating cost of HR per employee. The document also lists awards and accolades received by HR SPOT, an HR consulting firm, and provides their contact information.

1. Jon Boyes
Employability and Graduate Development
HR SPOT
www.hrspot.co.in | www.onlinehrspot.com
Kolkata | Bhubaneswar | Online
Best HR Practice Award
Best HR Practice Award
Best HR Practice Award
Special Achievement Award
Star Greenbelt of East (Six Sigma)
Best HR Professional Award
HR Champion Award
AWARDS & ACCOLADES
ISO 9001:2015 Certified Company

2. www.hrspot.co.in | ISO Certified | Winner of 8 Service Excellence Awards
HR Analytics
HUMAN RESOURCE MANAGEMENT
HR ANALYTICS

3. www.hrspot.co.in | ISO Certified | Winner of 8 Service Excellence Awards
HR Analytics
HR Metrics
HR Costing Metrics

4. www.hrspot.co.in | ISO Certified | Winner of 8 Service Excellence Awards
HR Analytics
COST PER HIRE
Formula :
Cost per hire = x 100
TRAINING COST PER EMPLOYEE
Formula :
Training Cost per employee =
Total Training cost
No of employees
Total internal & external recruitment cost
Total Number of hires
SOURCING CHANNEL COST
Sourcing Channel cost =
Sourcing cost per channel
Total cost
x 100
Formula :

5. www.hrspot.co.in | ISO Certified | Winner of 8 Service Excellence Awards
HR Analytics
Purpose :
How much the company pays to HR team among total no employees can be identified.
Example :
Salary Package of HR : 450000
Average no of employees : (Beginning & end of period) 80 + 84 = 164 | 164 /2 = 82
Cost of HR per employee : 450000 / 82 = 5488
COST OF HR PER EMPLOYEE
Formula :
Cost of HR per employee =
Total HR salary package
Number of employees
x 100

6. www.hrspot.co.in/www.onlinehrspot.com
Registered Office | 146 Bacharpara Road
No-2, Thakurpukur
Kolkata, West Bengal-700063
Kolkata | Bhubaneswar | Online
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