Cost Analytics
Cost Analytics is Senzo’s financial intelligence layer — translating workforce metrics into the dollar figures that matter to CFOs, finance directors, and board-level governance. It has two tabs: Labor Cost and Turnover Cost.
Labor Cost tab
KPI tiles
Four headline tiles show the current period’s cost picture:
| Tile | Metric |
|---|
| Total Labor Cost | Estimated total spend (regular + OT + agency) |
| Cost per FTE | Average labor cost per filled FTE |
| Overtime Cost | OT spend with % of total labor cost |
| Agency Cost | Agency spend with % of total labor cost |
Insight line
Below the KPI tiles, a dynamic insight line shows:
“OT and agency spend this month ($X) is equivalent to approximately Y FTE at average cost.”
This answers a governance-level question: could we fund additional FTE with the money we’re spending on premium labor?
Cost Breakdown bar
A proportional bar showing the split between Regular, Overtime, and Agency spend — color-coded in teal, amber, and indigo.
Cost Trends — 12 Month History
A line chart showing Total Labor Cost, Overtime Cost, and Agency Cost trended over 12 months. Useful for identifying seasonal patterns and cost trajectories.
Labor Cost by Facility
A horizontal bar chart showing total labor cost by facility. Hidden for single-facility organizations.
Labor Cost by Sector
A horizontal bar chart showing Total Labor Cost, Overtime Cost, and Agency Cost broken down by clinical sector.
Labor Cost by Provider Type
A sortable table showing for each provider type:
- Total Labor Cost
- Cost per FTE
- Overtime Cost and OT %
- Agency Cost and Agency %
Rows where OT % or Agency % exceed thresholds are highlighted in amber or red.
Premium Labor Summary
A summary card showing:
- Total Premium Labor Spend — OT + Agency combined
- Premium Labor as % of Total — the proportion of labor cost going to premium rates
- FTE Equivalent — how many FTE the premium spend could fund
- Saving from reducing to threshold — estimated saving if premium labor were brought to threshold levels
Turnover Cost tab
The Turnover Cost tab models the financial cost of employee turnover by role category using a five-component formula based on Canadian healthcare benchmarks.
See Turnover Cost Model for the full methodology.
Role selector and scenario toggle
Select a role category from the dropdown to see per-event cost estimates for that role. Available roles map to Senzo’s provider types.
The Conservative / Moderate / High scenario toggle applies different parameter assumptions — vacancy days, backfill premium, search fees, and productivity ramp. See the Turnover Cost Model for what each scenario assumes.
Enter a custom annual compensation figure to override the Canadian benchmark for your organization’s actual compensation levels.
Per-event cost breakdown
Five cost component cards show the estimated cost of a single departure:
| Component | What it covers |
|---|
| Separation Cost | HR processing, exit admin, any severance |
| Vacancy Coverage Cost | Agency or OT backfill during the unfilled period |
| Acquisition Cost | Recruitment fees, advertising, interview time |
| Onboarding Cost | Orientation period and credentialing lag |
| Productivity Ramp Cost | Foregone clinical value during ramp-up ⚠️ |
Productivity Ramp Cost is an opportunity cost — it represents foregone clinical value, not a direct cash expenditure. It is flagged with an amber badge and separated from the cash components in the total.
Annualized cost view
Pulls observed outflow counts from your organization’s workforce_metrics data for the past 12 months and multiplies by per-event cost to produce an annualized cost estimate.
Table: Role | Departures (12mo) | Cost per Event | Annualized Cost
A bar chart shows the cost distribution by role.
Cost of Inaction and Break-Even
Three stat cards:
- 3-Year Cost of Inaction — annualized cost × 3 (labeled as illustrative)
- 10% Retention Improvement Saves — annual saving from reducing departures by 10%
- Retention Investment Break-Even — any retention program below this cost that achieves 10% fewer departures is financially justified
Benchmark disclosure
A banner at the top of the tab notes that estimates use Canadian benchmark parameters and can be refined by entering custom compensation figures.
A collapsible “How this is calculated” panel at the bottom provides full methodology disclosure for governance presentations.
