What’s the # 1 expense item for almost every employer? People. And if your workforce is productive, those workers are also your # 1 asset and the primary source of your revenues and profits. So, if you can’t measure, track, and explain how your workers contribute to the bottom line, you’re not in control of your most important resource – and you're not demonstrating the value of this resource to your CEO.
Measuring the true value of human capital is a puzzle that’s confused and perplexed many experienced employers and HR professionals. But to survive in the current economic climate, you must learn how to master the metrics that capture your workforce’s return on investment for the entire organization. Until you can produce solid, verifiable numbers that prove your worth to C-level executives and leaders, you may never gain the respect and leverage you deserve as an HR professional.
You’ll learn the practical steps required for capturing the dollar value of your HR programs during this audio conference recording. We’ll walk you through the specific metrics you should calculate and track for your workforce - and how to speak the language of numbers required to demonstrate your worth in bottom-line terms.
You and your colleagues will learn:
- Why it’s absolutely critical, in today’s tough economy, to place bottom-line values on what you do in HR
- The huge differences between tracking HR activity and measuring HR value
- How you can analyze the value of your HR efforts today as a baseline for future growth
- The most reliable methodologies you should follow to measure HR ROI - in plain English, what to benchmark and how to measure it
- The steps should take ASAP to begin communicating your HR numbers to your organization’s top leaders and executives
- How you can use your data to plan future workplace programs and improve your employees’ productivity
- The most common mistakes employers make when measuring HR ROI - and how you can avoid repeating those errors
This audio conference was recorded on Thursday, November 6, 2008
About Your Speaker:
Ronald Adler is the president and chief executive officer of Laurdan Associates, Inc., a veteran-owned human resources management consulting firm specializing in HR audits, employment practices, risk management, HR metrics, benchmarking, strategic HR, and general HR management issues. Adler has more than 32 years of HR consulting experience working with U.S. and international firms, small businesses and nonprofits, insurance companies and brokers, and employer organizations.
Approved for Recertification Credit
This program has been approved for 1.5 recertification credit hours toward PHR, SPHR, and GPHR recertification through the Human Resource Certification Institute (HRCI). For more information about certification or recertification, please visit the HRCI home page at www.hrci.org.
