How Do You Calculate HR Software ROI Based on Employee Numbers? Need Immediate Help!

Hi all,

I am working on an HRIS. Can anyone let me know how to calculate the ROI of the HR software in terms of the number of workers? Immediate help is required.

Swati

Dear Swathi,

ROI is the acronym for Return on Investment. ROI is calculated by considering the annual benefit divided by the investment amount. ROI is too compact and a clearer analysis requires breaking down ROI into margin and turnover:

ROI = Income/Investment