For benefit, calculate the financial cost, $ benefit, and ROI for an organization that would offer these benefits.

1. health insurance
2. Overtime pay
3. Paid vacation
4. Tuition Reimbursement
5. Paid Holidays

• Calculate and explain the financial cost of each need for the company
• Assume you make $32/hour + 25% for benefits, for a total cost of $40 (equals your productivity)

Calculate ROI for each need/benefit and the ROI for your compensation with the organization

HR costing to calculate an ROI Calculating an ROI is the final reason why HR professionals are interested in estimating Human Resource costs. Cost is a key element in the ROI formula. ROI=TotalCostNetBenefit=TotalCostTotalBenefitTotalCost The top part of the ROI formula is called the net benefit. The net benefit is the total benefit minus the total cost. The net benefit is divided by the total cost. HR costing to calculate an ROI Calculating an ROI is the final reason why HR professionals are interested in estimating Human Resource costs. Cost is a key element in the ROI formula. ROI=TotalCostNetBenefit=TotalCostTotalBenefitTotalCost The top part of the ROI formula is called the net benefit. The net benefit is the total benefit minus the total cost. The net benefit is divided by the total cost