Dear Ruchi You may used the following to calculate: Value Added per Payroll Dollar: Numerator: ROCE (Return on Capital Employed) Denominator:Total Payroll less Bonus Provision Regards Autumn Jane
From Singapore, Singapore
From Singapore, Singapore
Dear Jane,
While you have given the formula, calculation of return on physical assets is one thing and calculation of returns of human capital is another.
Imagine a situation wherein there are 100 employees in small firm. It has two employees in HR, one HR Manager and another HR Assistant. Now can you please tell me how to calculate the Value Added Per Employee (VAPE) for these two HR professionals?
Thanks,
Dinesh V Divekar
From India, Bangalore
While you have given the formula, calculation of return on physical assets is one thing and calculation of returns of human capital is another.
Imagine a situation wherein there are 100 employees in small firm. It has two employees in HR, one HR Manager and another HR Assistant. Now can you please tell me how to calculate the Value Added Per Employee (VAPE) for these two HR professionals?
Thanks,
Dinesh V Divekar
From India, Bangalore
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.