Dear Swatisri,
While raising the query, I wish you had provided adequate information. What is the nature of the industry, in which department does the team work, what kind of work does the team handle, do they handle the project(s), etc?
At the organisational level, you can measure the HCROI. A few years ago, I gave an in-depth explanation of HCROI. You can
click here to refer to it.
Otherwise, there was a query on the measurement of the ROI on human resources. To refer to my reply, you can
click here.
It is a norm to measure the number of employees to room ratio in the hotel industry.
But the better way of measuring human resource utilisation is "Revenue per employee". Take the case of IT companies, this ratio speaks for itself. However, this ratio has demerits and is also deceptive. Therefore, the last resort is to measure "Profit per employee".
Thanks,
Dinesh Divekar