Hello Everyone,
Greetings for the day!
I request all of you to guide me on how to calculate per-employee expenses. Our company is an IT - Cyber Security Service Provider based in Mumbai with a staff strength of 120+ employees.
Below are the expenses incurred per employee post-employment:
1) ID Card Preparation
2) Email ID Creation
3) Background Checks
4) Insurance
5) PF and ESIC account opening
6) Biometrics
7) Joining Kit
8) Events held
It would be greatly appreciated if you could provide step-by-step calculations.
Thank you in advance for all your support!
From India, Mumbai
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Greetings for the day!
I request all of you to guide me on how to calculate per-employee expenses. Our company is an IT - Cyber Security Service Provider based in Mumbai with a staff strength of 120+ employees.
Below are the expenses incurred per employee post-employment:
1) ID Card Preparation
2) Email ID Creation
3) Background Checks
4) Insurance
5) PF and ESIC account opening
6) Biometrics
7) Joining Kit
8) Events held
It would be greatly appreciated if you could provide step-by-step calculations.
Thank you in advance for all your support!
From India, Mumbai
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Why do you want to do this? Employee on-costs are an accepted part of doing business.
Draw up an Excel spreadsheet with the name of each employee and then add the cost of each activity in the columns with a total at the end of the row.
If every employee has the same costs, why do you need to calculate? Add up the costs, multiply by 120, and get the total cost to the company.
From Australia, Melbourne
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700Draw up an Excel spreadsheet with the name of each employee and then add the cost of each activity in the columns with a total at the end of the row.
If every employee has the same costs, why do you need to calculate? Add up the costs, multiply by 120, and get the total cost to the company.
From Australia, Melbourne
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