Total HR-related Expenses
Money
The cumulative costs associated with recruiting, salaries, benefits, training, and other HR activities. Helps in gauging employee-related expenditures against productivity or revenue.
Formula
Sum of salaries + benefits + training costs + recruitment costs + other HR expenses
Example
If total salaries are $500,000, benefits cost $50,000, and training expenses are $10,000, the total HR-related expenses would be $560,000.