THE TEN KEY of HUMAN CAPITAL MEASUREMENT

Dear all great HR Peoples ..

A good place to start developing our Human Capital is with a set of EFFICIENCY RATIOS to see how well you are managing Human Capital on your company.

The Society of Human Resource management has identified TEN KEY HUMAN CAPITAL MEASUREMENT as follows :

1. REVENUE FACTOR  :
    Revenue / Total Full Time Employees

2. VOLUNTARY SEPARATION RATE :
    Voluntary Separations / Headcount

3. HUMAN CAPITAL VALUE ADDED :
    ( Revenue - Operating Expense - Compensation & Benefit Cost ) / Total full time employees

4. HUMAN CAPITAL RETURN ON INVESMENT :
    ( Revenue - Operating Expenses - Compensation & Benefit Cost ) / Compensation & Benefit Cost

5. TOTAL COMPENSATION REVENUE RATIO :
    Compensation & Benefit Cost / Revenue

6. LABOR COST REVENUE RATIO :
    ( Compensation & Benefit Cost + Other Personal Cost ) / Revenue

7. TRAINING INVESTMENT FACTOR  :
    Total Training Cost / Headcount

8. COST  per HIRE :
    ( Advertising + Agency Fees + Recruiter's Salary or Benefit + Relocation + Others Expenses ) /
    operating expenses

9.  HEALTH CARE COST per EMPLOYEE :
     Total Health Care Costs / Total Employees

10. TURNOVER COST  :
      Termination Costs + Hiring Costs + Training Costs + Other Costs.

salam semangat
PGA's HR Team

see our website : PGA ( People Gold Asset ) Consulting