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Investing in People : Financial Impact of Human Resource Initiatives

by: Cascio, Wayne F.; Boudreau, John W.

ISBN: 9780132394116 | 0132394111

Edition: 2nd
Format: Hardcover
Publisher: FT Press
Pub. Date: 1/1/2011

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Summary Table of Contents

John W. Boudreau is Professor of Management and Organization at the Marshall School of Business, University of Southern California.

A Logical, Proven Framework for Understanding the Economic Value of Human Resources InvestmentsHow to choose Human Resources investments that deliver optimal strategic value-and eliminate those that don't Best-practice metrics and analysis techniques for talent management, performance management, health and wellness programs, and much moreInvesting in People introduces a breakthrough a... MOREpproach to Human Resources (HR) measurement that systematically aligns HR investments with organizational goals and helps make HR the true strategic partner it needs to be. Wayne F. Cascio and John W. Boudreau show exactly how to choose, implement, and use metrics to improve decision-making, optimize organizational effectiveness, and maximize the value of HR investments.You'll 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. Cascio and Boudreau also introduce powerful ways to integrate HR with enterprise strategy and budgeting and for gaining commitment from business leaders outside the HR function.If you truly want "a seat at the table"-or if you want to keep the one you have-you'll find this book utterly indispensable.Free software available onlineYou don't need to be a math wizard to get results from Investing in People! Visit www.shrm.org/publications/books to access software that automates virtually all of this book's key formulas and calculations.Foreword xiAcknowledgments xiiiAbout the Authors xivPreface xvPlan for the Book xviiChapter 1: Making HR Measurement Strategic 1Chapter 2: Analytical Foundations of HR Measurement 21Chapter 3: The Hidden Costs of Absenteeism 43Chapter 4: The High Cost of Employee Separations 67Chapter 5: Employee Health, Wellness, and Welfare 99Chapter 6: Employee Attitudes and Engagement 125Chapter 7: Financial Effects of Work-Life Programs 151Chapter 8: Staffing Utility: The Concept and Its Measurement 171Chapter 9: The Economic Value of Job Performance 195Chapter 10: The Payoff from Enhanced Selection 223Chapter 11: Costs and Benefits of HR Development Programs 245Chapter 12: Talent-Investment Analysis: Catalyst for Change 271Appendix A: The Taylor-Russell Tables 285Appendix B: The Naylor-Shine Table for Determining the Increase in Mean Criterion Score Obtained by Using a Selection Device 297Index 309

The "NCLEX Exam Prep" provides in-depth coverage of all the topics you need to study for the registered nurse licensing exam. The "NCLEX Exam Prep "blends the ideal level of discussion, drawings, tables and exercises into a focused format for study. The "NCLEX" Exam Prep ""offers special features such as fast facts, notes, tips, and exam alerts and highlight judgment skills throughout the text. Critical thinking exercises provide you with the opportunity to coordinate facts with critical thinking skills. The Prep includes a set of questions with answer rationales in each chapter plus two complete exams, totaling 530 questions. The web-delivered exam includes an interactive Computer Adaptive Test (CAT) engine for a meaningful exam experience with approximately 2,000 questions. Information about the exam: The NCLEX exam is not a comprehensive recall of clinical nursing facts, but rather a test of critical judgment and management skills. Depending on your skill level of the exam, the number of questions varies between 75 and 265 questions. It is a Computer Adaptive Test (CAT), in which each test is assembled interactively based on the your response to previous questions.

This book provides powerful logic and proven financial techniques for looking inside and analysing the HR "black box." This includes tracking the effectiveness of talent policies and practices, demonstrating the logical connections to financial and line-of-business, and using HR metrics to drive more effective decision-making.

Foreword	p. xi
Acknowledgments	p. xiii
About the Authors	p. xiv
Preface xv
Plan for the Book xvii
Making HR Measurement Strategic	p. 1
Analytical Foundations of HR Measurement	p. 21
The Hidden Costs of Absenteeism	p. 43
The High Cost of Employee Separations	p. 67
Employee Health, Wellness, and Welfare	... MOREp. 99
Employee Attitudes and Engagement	p. 125
Financial Effects of Work-Life Programs	p. 151
Staffing Utility: The Concept and Its Measurement	p. 171
The Economic Value of Job Performance	p. 195
The Payoff from Enhanced Selection	p. 223
Costs and Benefits of HR Development Programs	p. 245
Talent-Investment Analysis: Catalyst for Change	p. 271
The Taylor-Russell Tables	p. 285
The Naylor-Shine Table for Determining the Increase in Mean Criterion Score Obtained by Using a Selection Device	p. 297
Index	p. 309
Table of Contents provided by Publisher. All Rights Reserved.

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Investing in People : Financial Impact of Human Resource Initiatives

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