Skip to content

Labor Cost Benchmarking

Ensure your dollars make sense

Understand your labor cost breakdowns and uncover more concrete pathways toward financial sustainability.

Request a Demo
Illustration of a woman sitting on a yellow box with a dollar sign underfoot looking at a chart with scenario considerations

The best budget balancer

How do you assess that you that you're hiring the right roles to make the greatest impact for your institution? A benchmarked view of labor costs at the activity level across individual schools, colleges, and departments - as well as comparisons with similar institutions - helps you better validate your response to that question. 

Calculate with confidence in your labor and staffing

Icon of a head with a teal dollar sign inside

Top-notch staffing backed by data-driven proof

Staffing and labor costs consume upwards of 60 percent of most institutions’ budgets. With that much financially at stake, institutions must create data-driven rationales for role investments, identify labor opportunities, pinpoint departmental hiring impacts, and explore cost-saving measures least likely to affect institutional priorities. Plus, accreditation boards value tangible evidence of financial sustainability.

Icon of an orange eye inside a hexagon with circles at the angles

See deeper, accomplish more

Hiring and maintaining the right staff is no simple task. Without deep analytical insights, how are you to know if staff are allocated effectively, aligned with strategic planning, and creating the desired impact they are tasked with accomplishing? Your team needs the capability to observe how resources and labor are aligned, investigate the effect of labor investments over time, and ensure you’re supporting the correct strategies for the health of the institution.

Bar chart with line graph highlighting highs and lows with orange and yellow circles

Crucial queries, satisfied

How cleanly can your institution assess the overall quality of critical administrative services? How quickly can your team identify the most effective course of action to avoid further lowering student satisfaction by accidentally reducing staffing in a struggling office? Does your school possess the technical capability to synthesize holistic data to unearth connections across campus? A benchmarked view of labor costs tied directly into satisfaction surveys provides you deeper actionable insights and trends over time.

Talk bubble icon with an orange question mark overlaid

Confidently know you can afford the best

The employment marketplace has only become more intense within the education industry. How can you ensure your institution has the financial means to compete for lucrative IT talent against the private sector? How can you knowingly afford to retain top staff without the technical ability to ensure every dollar is working its hardest toward its allocated purposes? Gain clear insight into how your labor costs are directly impacting budget, strategic planning, and overall campus health through labor cost benchmarking.

Discover elusive answers to your top of mind questions

HC_Product_Benchmarking

Sage, simple, spot-on

Whether you're looking to contain costs, identify departmental impact, compare staffing budget allocations against similar institutions, or align line-item allocations with strategic planning and institutional goals, labor cost benchmarking through HelioCampus opens a whole new world of analytical wisdom.

Request a Demo

Tap into deeper insights

Benchmarking Consortium

Get a deep dive into labor allocation and costs when you analyze against job description criteria, not just department or function. We enable you to strategize ongoing workforce investments and initiatives to have more data-informed financial planning discussion with HR and department leaders.

  • Manage labor spend to contain costs or make strategic investments

  • Inform key financial processes, like annual budgeting, resource or strategic planning, with more precise data

  • Evaluate alignment with your strategic plan to demonstrate good financial stewardship and sustainability

Explore Benchmarking Consortium

Dashboard view of HelioCampus Benchmarking Consortium data

Benchmarking Consortium

Get a deep dive into labor allocation and costs when you analyze against job description criteria, not just department or function. We enable you to strategize ongoing workforce investments and initiatives to have more data-informed financial planning discussion with HR and department leaders.

  • Manage labor spend to contain costs or make strategic investments

  • Inform key financial processes, like annual budgeting, resource or strategic planning, with more precise data

  • Evaluate alignment with your strategic plan to demonstrate good financial stewardship and sustainability

Explore Benchmarking Consortium

Dashboard view of HelioCampus Benchmarking Consortium data

Learn more ways to drive financial sustainability at your institution

4 Steps for Financial Viability When HEERF Grants Deplete

Learn more

The Importance of Benchmarking in Higher Education

Learn more

Use Benchmarking to Evaluate Your Institution's Spending

Learn more

Request a Demo

HelioCampus gives you a clear line of sight into financial risks and opportunities within your institution related to labor costs, long-term financial sustainability, and alignment with your strategic plan. Let us help you uncover unseen trends and insights that can inform your annual planning, budget cycles, and workforce planning.

Request a Demo