Investing in People: Financial Impact of Human Resource Initiatives
- ISBN-10
- 0132703920
- ISBN-13
- 9780132703925
- Series
- Investing in People
- Category
- Business & Economics
- Pages
- 360
- Language
- English
- Published
- 2009-07-08
- Publisher
- Pearson Education
- Authors
- Wayne F. Cascio, John W. Boudreau
Description
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
Get the book
Other editions
-
- 2023-04-28
- 184 pages
- Ebook
- Univ of California Press
-
- 2015-09-24
- 384 pages
- Paperback
- Financial Times/Prentice Hall
-
- 2011
- 361 pages
- Paperback
- FT Press
-
- 2010-12-08
- 384 pages
- Paperback
- FT Press
Similar books
-
Investing in People: Financial Impact of Human Resource Initiatives
By Wayne F. Cascio, John W. BoudreauThis book provides powerful logic and proven financial techniques for looking inside and analysing the HR 'black box'.
-
Investing in People: The Economics of Population Quality
By Theodore W. Schultz, Theodore William SchultzArgues that healthy, educated people are the world's most important resource and that the world's poor have not been adequately helped by foreign aid because of the misunderstandings of donor governments
-
People Strategy: How to Invest in People and Make Culture Your Competitive Advantage
By Jack AltmanPraise for People Strategy "People leaders: make your CEO read this book! Jack makes a crystal-clear case for investing in people as a primary component of business strategy.
-
Investing in People: The Economics of Population Quality
By Theodore W. SchultzThis title is part of UC Press's Voices Revived program, which commemorates University of California Press's mission to seek out and cultivate the brightest minds and give them voice, reach, and impact.
-
People Strategy: How to Invest in People and Make Culture Your Competitive Advantage
By Jack AltmanPraise for People Strategy "People leaders: make your CEO read this book! Jack makes a crystal-clear case for investing in people as a primary component of business strategy.
-
Monetising The Employee Experience: How to Prove the ROI for Investing in Your People and Unlock Lost Productivity
By Mike Sharples, Nicholas WardleThis is leading to frustration from those working in HR, Internal Comms, Employee Engagement, Employee Experience and Learning & Development, as they have suggestions and solutions for improvement, but, unlike investment in the customer ...
-
The Talent Delusion: Why Data, Not Intuition, Is the Key to Unlocking Human Potential
By Tomas Chamorro-Premuzic'This book shows how to find, attract, develop, motivate, and retain stars.
-
Lunch with Lucy: Maximize Profits by Investing in Your People
By Sherry Stewart DeutschmannFor example, if I'd said yes to any of the first five offers to finance my company, I wouldn't be sharing my story ... NO TO PARTNERSHIPS Dave Ramsey, author of Financial Peace, said, “the only ships that don't sail are partnerships.
-
Investing in People: How to Achieve Higher Standards and a Competitive Edge at Work
By Harley TurnbullInvesting in People: How to Achieve Higher Standards and a Competitive Edge at Work
-
The Charles Schwab Guide to Finances After Fifty: Answers to Your Most Important Money Questions
By Joanne Cuthbertson, Carrie Schwab-PomerantzAn all-encompassing retirement planning guide for people over age 50 shares essential advice for maximizing benefits, saving strategically and providing for special needs. 40,000 first printing.