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Investing in People: Financial Impact of Human Resource Initiatives, Third Edition

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The demand for organizational accountability has never been greater. The future of work, talent, and employment is changing at an unprecedented pace, and organizational decisions about how they invest in people are under increasing scrutiny. Leaders increasingly realize that their decisions about human resources are vital, in an increasingly uncertain and interconnected world. Yet, organizational decisions about people remain some of the least systematic and evidence-based, compared to resources such as money and technology.

Investing in People draws upon state-of-the art practice and research in disciplines including psychology, economics, accounting, and finance, to provide HR professionals and leaders proven guidelines for measuring key HR initiatives. Based on a comprehensive framework that clarifies and supports strategic linkage between investments in human capital and important outcomes that senior leaders most care about, including recruiting, staffing, and training, turnover, customer-service, and higher financial returns to organizations.

Readers will 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. Also included are powerful ways to integrate HR with enterprise strategy and budgeting and for gaining commitment from business leaders outside HR.

Additional Info

Book

NameInvesting in People: Financial Impact of Human Resource Initiatives, Third Edition
AuthorWayne F. Cascio | John W. Boudreau | Alexis A. Fink
Published Year2019
Page Count448
Book PublisherSHRM
FormatPaperback
ISBN9781586446093
SKU61.19305