Download The ROI of Human Capital: Measuring the Economic Value of by Dr. Jac Fitz-enz PDF

By Dr. Jac Fitz-enz

With staff rate frequently exceeding forty in keeping with cent of company price, measuring the worth of this human capital is key. This reseource unearths easy methods to do it and is helping managers make certain the way to make investments so much successfully in human efficient strength.

Show description

Read Online or Download The ROI of Human Capital: Measuring the Economic Value of Employee Performance, 2nd Edition PDF

Similar economy books

The ROI of Human Capital: Measuring the Economic Value of Employee Performance, 2nd Edition

With staff price frequently exceeding forty in line with cent of company fee, measuring the price of this human capital is key. This reseource finds how one can do it and is helping managers ensure the way to make investments so much successfully in human effective strength.

The Economics of Money, Banking, and Financial Markets, 7th edition (with Questions and Answers)

The 6th variation of The Economics of cash, Banking, and fiscal Markets represents the main large revision so far of this market-leading textbook. Drawing from his carrier as government vice chairman and Director of study on the Federal Reserve financial institution of latest York, Mishkin presents clean, completely up-to-date assurance of and plenty of new insights into the financial coverage strategy, the operation of the Federal Reserve, the legislation and supervision of the economy, and the internationalization of economic markets.

Extra resources for The ROI of Human Capital: Measuring the Economic Value of Employee Performance, 2nd Edition

Example text

From that work over the past decade plus, we have reached the point where we can suggest structures, practices, and systems that bring human performance and financial gains closer together. In the case of not-for-profits such as education, social services, government, and military the endgame is serving the organization’s constituency and accomplishing or fulfilling its mission. Human-Financial Interface For many years, the general practice of matching human and financial variables at the corporate level was confined to that single gross measure derived from the income statements of corporations: revenue per employee.

Information is the driver of almost all economic activity today. Human capital information is essential to any organization that desires to be a leader. Data-to-Value Cycle At the heart of the data-to-value cycle is people. It is a cycle rather than a continuum, because data from one phase can cycle back to influence the previous phase or phases. To understand how to assess the value of human capital, we have to look at it in application. Value adding always starts with the enterprise’s goals. Operationally, those goals flow down 18 THE ROI OF HUMAN CAPITAL through the business units to the starting point of human capital management—the activities of the human resources department.

Develop data around the investments in human capital. Push up bad news as well as good. 38 THE ROI OF HUMAN CAPITAL 3. Absorb all that you possibly can. Read outside of HR. Go to industry conferences. Learn to read financial statements. Be eager to broaden your general knowledge. 4. Master workforce performance assessment. Learn to apply data in forms that tell past, present, and future stories. Translate anecdotal data on skill development into effects on business outcomes. 5. Become an outsourcing and offshoring expert.

Download PDF sample

Rated 4.05 of 5 – based on 31 votes