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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.

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Labor Cost tab

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KPI tiles

Four headline tiles show the current period’s cost picture: The Monthly / Annual toggle switches between monthly estimates and annualized projections.

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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?

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Cost Breakdown bar

A proportional bar showing the split between Regular, Overtime, and Agency spend — color-coded in teal, amber, and indigo. A line chart showing Total Labor Cost, Overtime Cost, and Agency Cost trended over 12 months. Useful for identifying seasonal patterns and cost trajectories.

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Labor Cost by Facility

A horizontal bar chart showing total labor cost by facility. Hidden for single-facility organizations.

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Labor Cost by Sector

A horizontal bar chart showing Total Labor Cost, Overtime Cost, and Agency Cost broken down by clinical sector.

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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.

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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

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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.

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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.

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Per-event cost breakdown

Five cost component cards show the estimated cost of a single departure:
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.

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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.

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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

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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.