Thursday May 23rd 2013

Measuring the Value of People

The author of the Human Value of the Enterprise explores the idea of human capital as assets and how to measure this assets worth.workforce_development

Andrew suggested four basic measures – the first two dealing with the effectiveness of people, and the last two the HR department:

  1. Workforce statistics and ratios including financial implications – analytics resulting from our management of people
  2. A human capital index providing results of the value chain – dealing with people as drivers of performance (human capital value x engagement = performance)
  3. ROI on HR programmes and initiatives
  4. HR operational effectiveness – service levels, support, policies, processes.

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Related Posts

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Workforce Vision | workforce-vision.com
A look inside the changing way that we work and employ others

Human Capital * Contingent Workforce * Globalization * Trends
Outsourcing * Staffing * Human Resources * Technology

Published by Bill Inman | billinman.com

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