Roi On Human Capital Investment
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| Author | : Jac FITZ-ENZ |
| Publisher | : AMACOM Div American Mgmt Assn |
| Total Pages | : 338 |
| Release | : 2009-02-23 |
| Genre | : Business & Economics |
| ISBN | : 0814413358 |
The lifeblood of any business enterprise is its people. Yet it wasn’t until the publication of the groundbreaking book The ROI of Human Capital that there was a reliable way to quantify the contributions of people to corporate profit. Completely updated with new metrics, the book shows executives and HR professionals how to gauge human costs and productivity at three critical levels: organizational (contributions to corporate goals) • functional (impact on process improvement) • human resources management (value added by five basic HR department activities) The second edition contains new material on topics including corporate outsourcing, developments in behavioral science, and advances in trending and forecasting that have dramatically changed the way organizations measure the bottom line effect of employee performance. Utterly up-to-date, this is the go-to resource for organizations performing the essential task of measuring the value of their people.
| Author | : Michael E. Echols |
| Publisher | : |
| Total Pages | : 100 |
| Release | : 2005 |
| Genre | : Business & Economics |
| ISBN | : |
ROI on Human Capital Investment address the myths and reality of employee education and retention and how to budget for and measure human capital investment. This includes corporate policies for managing risk and return on tuition reimbursement ben
| Author | : Jack J. Phillips |
| Publisher | : Amacom Books |
| Total Pages | : 312 |
| Release | : 2005 |
| Genre | : Business & Economics |
| ISBN | : 9780814428948 |
A thorough explanation of human investment options from which an executive can make a better decision. -- Jac Fitz-enz, from the Foreword
| Author | : Rita Almeida |
| Publisher | : World Bank Publications |
| Total Pages | : 30 |
| Release | : 2006 |
| Genre | : Capital humano |
| ISBN | : |
In this paper the authors estimate the rate of return to firm investments in human capital in the form of formal job training. They use a panel of large firms with unusually detailed information on the duration of training, the direct costs of training, and several firm characteristics such as their output, workforce characteristics, and capital stock. Their estimates of the return to training vary substantially across firms. On average it is -7 percent for firms not providing training and 24 percent for those providing training. Formal job training is a good investment for many firms and the economy, possibly yielding higher returns than either investments in physical capital or investments in schooling. In spite of this, observed amounts of formal training are small.
| Author | : Michael Echols |
| Publisher | : iUniverse |
| Total Pages | : 87 |
| Release | : 2005-07-01 |
| Genre | : Business & Economics |
| ISBN | : 0595346480 |
Learn how to reduce risk and improve return on investments in your company's most important asset - your people - with "ROI on Human Capital Investment." Author Michael E. Echols brings over thirty years of experience managing and educating executives in human capital decision making. In clear, data-based models, Echols examines the financial impact of policies, procedures and actions related to human capital investment decisions. Echols shows that Return on Investment (ROI ) is the key measurement in convincing CEOs to commit resources to people development. Topics covered include: Myths and reality of tuition reimbursement benefits ROI to the employee ROI to the corporation Budget for human capital investment Corporate policies for managing tuition reimbursement benefits HR role with the CEO on investment decisions Written with the busy executive in mind, "ROI on Human Capital Investment" is organized by management topic with cross-referencing to support concepts in other chapters. This book is a must have for human resource managers, organizational development managers, chief learning officers, chief financial officers and chief executive officers running large and small companies.
| Author | : Wayne F. Cascio |
| Publisher | : Pearson Education |
| Total Pages | : 425 |
| Release | : 2009-07-08 |
| Genre | : Business & Economics |
| ISBN | : 0132703920 |
A Logical, Proven Framework for Understanding the Economic Value of Human Resources Investments How to choose Human Resources investments that deliver optimal strategic value—and eliminate those that don’t Best-practice metrics and analysis techniques for talent management, performance management, health and wellness programs, and much more Investing in People introduces a breakthrough approach to Human Resources (HR) measurement that systematically aligns HR investments with organizational goals and helps make HR the true strategic partner it needs to be. Wayne F. Cascio and John W. Boudreau show exactly how to choose, implement, and use metrics to improve decision-making, optimize organizational effectiveness, and maximize the value of HR investments. You’ll master crucial foundational principles such as risk, return, and economies of scale—and use them to evaluate investments objectively in everything from work/life programs to training. Cascio and Boudreau also introduce powerful ways to integrate HR with enterprise strategy and budgeting and for gaining commitment from business leaders outside the HR function. If you truly want “a seat at the table”—or if you want to keep the one you have—you’ll find this book utterly indispensable. Free software available online You don’t need to be a math wizard to get results from Investing in People! Visit www.shrm.org/publications/books to access software that automates virtually all of this book’s key formulas and calculations. Foreword xi Acknowledgments xiii About the Authors xiv Preface xv Plan for the Book xvii Chapter 1: Making HR Measurement Strategic 1 Chapter 2: Analytical Foundations of HR Measurement 21 Chapter 3: The Hidden Costs of Absenteeism 43 Chapter 4: The High Cost of Employee Separations 67 Chapter 5: Employee Health, Wellness, and Welfare 99 Chapter 6: Employee Attitudes and Engagement 125 Chapter 7: Financial Effects of Work-Life Programs 151 Chapter 8: Staffing Utility: The Concept and Its Measurement 171 Chapter 9: The Economic Value of Job Performance 195 Chapter 10: The Payoff from Enhanced Selection 223 Chapter 11: Costs and Benefits of HR Development Programs 245 Chapter 12: Talent-Investment Analysis: Catalyst for Change 271 Appendix A: The Taylor-Russell Tables 285 Appendix B: The Naylor-Shine Table for Determining the Increase in Mean Criterion Score Obtained by Using a Selection Device 297 Index 309
| Author | : Wayne Cascio |
| Publisher | : FT Press |
| Total Pages | : 384 |
| Release | : 2010-12-08 |
| Genre | : Business & Economics |
| ISBN | : 0132117428 |
More than ever before, HR practitioners must empirically demonstrate a clear link between their practices and firm performance. In, Investing in People: Financial Impact of Human Resource Initiatives, Wayne F. Cascio and John W. Boudreau show exactly how to choose, implement, and use metrics to improve decision-making, optimize organizational effectiveness, and maximize the value of HR investments. They provide powerful techniques for looking inside the HR "black box," implementing human capital metrics that track the effectiveness of talent policies and practices, demonstrating the logical connections to financial and line-of-business, and using HR metrics to drive more effective decision-making. Using their powerful "LAMP" methodology (Logic, Analytics, Measures, and Process), the authors demonstrate how to measure and analyze the value of every area of HR that impacts strategic value. Among the areas covered in depth are: · Hiring · Training · Leadership Development · Health and Wellness · Absenteeism · Retention · Employee Engagement Readers will master crucial foundational principles such as risk, return, and economies of scale and use them to evaluate investments objectively in everything from work/life programs to training. Also included are powerful ways to integrate HR with enterprise strategy and budgeting and for gaining commitment from business leaders outside HR.
| Author | : Jac Fitz-enz |
| Publisher | : |
| Total Pages | : 3 |
| Release | : 2000 |
| Genre | : |
| ISBN | : |
| Author | : Gene Pease |
| Publisher | : John Wiley & Sons |
| Total Pages | : 320 |
| Release | : 2014-07-21 |
| Genre | : Business & Economics |
| ISBN | : 111875350X |
Don't squander your most valuable resource! Collectively, your workers are your company's most important and most valuable asset. To make the most of this asset, nothing beats quantitative performance and investment measurement. Learning and Development is an 80 billion-dollar industry, and every valuable employee represents a sizable investment on the part of your company. To keep your business moving forward, effective management of human capital is crucial. It generates plenty of data, and deep analysis of this data helps you provide feedback and make adjustments to capitalize on the combined knowledge, skills, and creativity of your workers. Developing Human Capital: Using Analytics to Plan and Optimize Your Learning and Development Investments provides a guidebook for collecting, organizing, and analyzing the data surrounding human capital so you can make the most of your employees' potential. Use predictive analysis to optimize human capital investments Learn effective study design and alignment Get the tools you need for measurement, surveys, and analysis Decide what to measure and how to measure it Outline your company's current and future analytics technology needs Map data sources, and overcome barriers to data collection Authors Gene Pease, Bonnie Beresford, and Lew Walker provide case studies in which major companies applied human capital analytics to guide people decisions, and expand upon the role of analytics in Learning and Development. Developing Human Capital: Using Analytics to Plan and Optimize Your Learning and Development Investments is an essential guide to 21st century human resources and management practices, and can keep you from squandering your company's most valuable resource.
| Author | : Gene Pease |
| Publisher | : John Wiley & Sons |
| Total Pages | : 261 |
| Release | : 2012-10-30 |
| Genre | : Business & Economics |
| ISBN | : 1118466764 |
An insightful look at the implementation of advanced analytics on human capital Human capital analytics, also known as human resources analytics or talent analytics, is the application of sophisticated data mining and business analytics techniques to human resources data. Human Capital Analytics provides an in-depth look at the science of human capital analytics, giving practical examples from case studies of companies applying analytics to their people decisions and providing a framework for using predictive analytics to optimize human capital investments. Written by Gene Pease, Boyce Byerly, and Jac Fitz-enz, widely regarded as the father of human capital Offers practical examples from case studies of companies applying analytics to their people decisions An in-depth discussion of tools needed to do the work, particularly focusing on multivariate analysis The challenge of human resources analytics is to identify what data should be captured and how to use the data to model and predict capabilities so the organization gets an optimal return on investment on its human capital. The goal of human capital analytics is to provide an organization with insights for effectively managing employees so that business goals can be reached quickly and efficiently. Written by human capital analytics specialists Gene Pease, Boyce Byerly, and Jac Fitz-enz, Human Capital Analytics provides essential action steps for implementation of advanced analytics on human capital.
