Strategic Human Resource Metrics: Labor & Revenues

Instructions:

Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

What is the difference between the Profit per Employee metric and the Revenue per Employee metric?

Start Your Free Trial To Take This Quiz

As a member, you'll also get unlimited access to over 70,000 lessons in math, English, science, history, and more. Plus, get practice tests, quizzes, and personalized coaching to help you succeed.

Free 5-day trial
It only takes a few minutes to set up and you can cancel at any time.
Already registered? Login here for access

1. Which of the following is NOT associated with employee absenteeism in the workplace?

2. Why is it important for organizations to manage labor costs?

Start your free trial to access this entire page
A premium account gives you access to all lesson, practice exams, quizzes & worksheets
Access to all video lessons
Quizzes, practice exams & worksheets
Certificate of Completion
Access to instructors
Create an account to get started Create Account

About This Quiz & Worksheet

This quiz uses multiple-choice questions as a quick assessment for you on the subject of labor and revenue in HR metrics. You will be asked to define key words and concepts.

Quiz & Worksheet Goals

The quiz will ask you questions about:

  • Calculation for labor costs as a percentage of sales
  • Absenteeism
  • An organization's highest expense
  • The meaning of profit
  • Factors in determining revenue per employee

Skills Practiced

  • Interpreting information - verify that you can review information regarding expenses and interpret it correctly
  • Information recall - access the knowledge you've gained regarding calculating labor costs as a percentage of sales
  • Knowledge application - use your knowledge to identify factors in determining revenue per employee

Additional Learning

To see more information on this topic, study the lesson named Strategic Human Resource Metrics: Labor & Revenues. Get familiar with:

  • Calculation of employee production level
  • Categories of labor costs
  • Contribution types from talented people
Support