The ROI of Human Capital
IN THIS SUMMARY
Although current conventional wisdom says that people (human capital), rather than money, facilities, or equipment, are the lifeblood assets of any business, still there is no reliable means of quantifying the contribution this capital makes to corporate profits. The ROI of Human Capital addresses that need. It draws on years of international research, both quantitative and qualitative, to provide an effective methodology for measuring the effect of employee performance on the bottom line. Blending management initiatives with quantitative metrics, it shows executives, line managers, and HR professionals how to link specific human resource objectives to operational improvements and corporate profits by calculating human capital costs and improving productivity at the organizational, functional, and human capital management levels.