The Return on Investment of Human Resources | Best practices video by the Top Employers Institute
CEOs often claim that "Our Human Capital is our most important asset...." But if human capital truly is an asset, why doesn't it appear on the balance sheet of organisations?
Given the rather intangible character of human capital, HR is often seen as software rather than hardware. The financial impact of the HR strategy is not measured consistently and most research into this topic is rather theoretical.
So the main question is: how can you pragmatically measure the Return of investment of your HR policy?
CEOs often claim that “Our Human Capital is our most important asset….” But if human capital truly is an asset, why doesn’t it appear on the balance sheet of organisations?
Given the rather intangible character of human capital, HR is often seen as software rather than hardware. The financial impact of the HR strategy is not measured consistently and most research into this topic is rather theoretical.
So the main question is: how can you pragmatically measure the Return of investment of your HR policy?
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