How much budget does your company allocate towards the HR function as a % of revenues? How does this compare to other functions like Finance, Marketing, IT at your firm?
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Head – HR Operations, Digital HR & Corporate HR Strategy in Softwarea year ago
I can only tell you about HR, its 2.75% of the Total Revenue. Would be very interested to know the HR budget industry benchmark for IT software services company.
Cost, excluding labour, as a % of sales, is 0.29% towards the HR Function. Apologies, its too difficult to provide data compared to other functions as the comparison is not really like for like.