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What You Need to Know About Your Labour to Revenue Ratio

Acorn Labs

You want the right talent in the right jobs for the right cost. But how do you know if the cost really is right? In this article, we'll take a look at the labour to revenue ratio, what it can tell you about your business, how to calculate it, and the best practices to optimise it for your business.

Ratio 52
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What You Need to Know About Your Labour to Revenue Ratio

Acorn Labs

You want the right talent in the right jobs for the right cost. But how do you know if the cost really is right? In this article, we'll take a look at the labour to revenue ratio, what it can tell you about your business, how to calculate it, and the best practices to optimise it for your business.

Ratio 52
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Measuring Your Association’s eLearning ROI

Association eLearning

There is a lot of talk about the return on investment (ROI) of eLearning within the corporate training and development world, but less emphasis is put on this performance indicator in the association space. Let’s change that; starting with a free tool we’ve created just for associations, the eLearning ROI Calculator.

ROI 214
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2024 Trends We’d Like to See

Upside Learning

We can then evaluate the benefits against the costs, considering alternatives, as most things have lower-tech equivalents. However, do so at low cost, with low stakes, at first. The above suggests a balance between exploration and application (with a ratio perhaps of 1/5). Which isn’t to say you should avoid these technologies.

Trends 147
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16 Metrics of Healthy Customer Service-Oriented Businesses: Part Three

Inkling

Higher conversion optimization means more sales with less advertising and promotion, lowering your operational costs. Wage per sale ratio: How cost-effective is your overhead? You can find out by calculating your wage per sale ratio, or annual sales divided by total employees. Employee Productivity.

Metrics 113
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2024 Learning and Development Trends We’d Like to See

Upside Learning

We can then evaluate the benefits against the costs, considering alternatives, as most things have lower-tech equivalents. However, do so at low cost, with low stakes, at first. The above suggests a balance between exploration and application (with a ratio perhaps of 1/5). Which isn’t to say you should avoid these technologies.

Trends 130
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Unlocking sales success: Key sales metrics and insights

TalentLMS

Customer-centric metrics Customer Acquisition Cost (CAC) What: CAC determines the amount of money a business spends to get a customer to purchase its products or services. How: Sum up all costs associated with acquiring customers (marketing expenses, sales team salaries, etc.) And attract high-converting leads.

Metrics 52