
- 325 pages
- English
- PDF
- Available on iOS & Android
About this book
Measuring the return on investment (ROI) of human resources programs (HR) is critical for success in today's business world and is an absolute requirement for HR professionals who are part of the senior executive team. Responding to the current accountability demands that continue to challenge human resource professionals, this updated edition illustrates the use of ROI methodology as a communication tool that strengthens the relationship with senior management as well as a process-improvement tool that enhances and improves HR's contributions to the bottom line. With this guide, human resource managers will prove their value to their companies by learning how to measure ROI in a variety of programs, policies, practices, and solutions; develop the ROI of HR with basic, step-by-step instructions; and collect, analyze, and report data with sophistication.
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Information
Table of contents
- Cover
- Copyright
- Contents
- Preface: ROI as an HR Tool
- Preface to the Second Edition
- Chapter 1. The Accountability Crisis
- Chapter 2. The ROI Methodology
- Chapter 3. Preparing for ROI
- Chapter 4. Data Collection Issues
- Chapter 5. Isolating the Effects of the Program
- Chapter 6. Converting Data to Money
- Chapter 7. HR Costs and ROI
- Chapter 8. Measuring Intangibles
- Chapter 9. Communicating and Using Evaluation Data
- Chapter 10. Taking a Sensible Approach to ROI
- Chapter 11. Case Study: Measuring ROI for a Work-at-Home Program Family Mutual Health and Life Insurance Company (FMI)
- Epilogue
- Appendix A. Self-Test: How Results-Based Are Your Human Resources Programs?
- Appendix B. ROI Case Studies
- Appendix C. Resources
- Endnotes
- Index
- About the Authors
- Additional SHRM-Published Books
- Special Offer