HR Operation Cost

Hi All,
I am working on a Project where i need to prepare a report on how to calculate HR Operation Cost.. Lets assume there are 1000 employees in a company and 5 people iin HR Operation..How to calculate whats is the HR Operation Cost for the Company? and how to calculate Operation Cost per employee?
Regards,
Sameer :-|

Hi Sameer,

though I'm not into HR but costing to an extent what I know To my knowledge is that..Illustrating with example mentioned as above

How to calculate whats is the HR Operation Cost for the Company-
{Sum of (Direct cost) + Sum of (Indirect cost)per employee}/total no.of employees in orgn

where Direct cost - includes Salary,bonus,software/hardware purchase,training,license,stationaries,operation cost

Indirect Cost - includes the cost charged by the Payroll Processing dpt of the orgn called Interdepartment cost,seat/space cost occupied by employee


how to calculate Operation Cost per employee? - the above can be applied here for the other employees too/total no.of employees

this is just a vague idea that I had and wanted to convey..but I think people here would give you more appropriate answers..excuse and correct me if anything in the above is false.

Hi Bishnu,
You need to give more background information to your query to give you an informed reply. I suggest that you read the following site and see if your query has ben answered.
http://web.mit.edu/newsoffice/2001/finaid
Simhan