Hello Everyone, Greetings for the day!!
Request you all to guide me on how to calculate per employee expense. Ours is a 120 plus employee strength IT - Cyber Security Service Provider company based in Mumbai.
Please find below the expenses made on each employee post-employment:
1) ID Card Preparation
2) Email ID Creation
3) Background Checks
3) Insurance
4) PF and ESIC account opening
5) Biometrics
6) Joining Kit
7) Events held
It would be great if you share step-by-step calculations to be made.
Thank you in advance for all your support!!
From India, Mumbai
Request you all to guide me on how to calculate per employee expense. Ours is a 120 plus employee strength IT - Cyber Security Service Provider company based in Mumbai.
Please find below the expenses made on each employee post-employment:
1) ID Card Preparation
2) Email ID Creation
3) Background Checks
3) Insurance
4) PF and ESIC account opening
5) Biometrics
6) Joining Kit
7) Events held
It would be great if you share step-by-step calculations to be made.
Thank you in advance for all your support!!
From India, Mumbai
Why are you wanting 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 and multiply by 120 and get the total cost to the company.
From Australia, Melbourne
640Draw 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 and multiply by 120 and get the total cost to the company.
From Australia, Melbourne
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