The Dilemma of Investing on Human Resources

The Dilemma of Investing on Human Resources PDF Author: Abu Hena Mohammad Manzurul Arefin
Publisher:
ISBN:
Category :
Languages : en
Pages : 11

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Book Description
The only resource of an organization that has life and can be motivated is its employees. Like any other resources, this area also requires investment that involves risk. This paper aims at emphasizing the necessity of investing on human capital as well as the risks involved in such investment from firms' perspective. The bases of this descriptive paper are the previous literatures only. The authors hope that this investigative paper and the suggestions made based on experts' view will be helpful to the academicians for further research and the top level decision makers specially the HR departments to take investment decisions on their employees more wisely and with utmost care.

The Dilemma of Investing on Human Resources

The Dilemma of Investing on Human Resources PDF Author: Abu Hena Mohammad Manzurul Arefin
Publisher:
ISBN:
Category :
Languages : en
Pages : 11

Get Book Here

Book Description
The only resource of an organization that has life and can be motivated is its employees. Like any other resources, this area also requires investment that involves risk. This paper aims at emphasizing the necessity of investing on human capital as well as the risks involved in such investment from firms' perspective. The bases of this descriptive paper are the previous literatures only. The authors hope that this investigative paper and the suggestions made based on experts' view will be helpful to the academicians for further research and the top level decision makers specially the HR departments to take investment decisions on their employees more wisely and with utmost care.

Human Capital Dilemma

Human Capital Dilemma PDF Author: Tuhin Biswas
Publisher: Notion Press
ISBN: 1649517912
Category : Business & Economics
Languages : en
Pages : 150

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Book Description
Often, we have seen the custodian of human capital the Human Resources function becomes a scapegoat for Management decisions. It is a pity that, while HR is liable for employees’ well-being, motivation and morale, they are considered to be a liability to organizations/employers sometimes. What makes them so? Is it a myth that HR does what CEOs wants them to do? or are they sandwiched between employer and employees to maintain a diplomatic figure? or do they not understand what the expectations of the organization or management are? A must-read book for all Managers/Leaders as everyone is a human resource manager when they deal with individuals/teams or even at home when you deal with your own people. Some interesting factual stories/case studies will make you realize how important the above questions are. Also, this book will make you aware of practical issues faced in the day-to-day life of HR professionals, the dilemmas faced by them with management and employees, how they can become an able business HR leader, and a few worthy solutions you can deal with. This will also help CEOs to understand how to deal with human capital better. I’m sure this book will inspire you to change your mind-set on Human resources.

A Literature Review on the Impact of Investment in Human Capital on Economic Success

A Literature Review on the Impact of Investment in Human Capital on Economic Success PDF Author: Gina Roberts
Publisher: diplom.de
ISBN: 3832483659
Category : Business & Economics
Languages : en
Pages : 146

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Book Description
Inhaltsangabe:Abstract: Champions of Human Capital in organisations, such as Human Resources directors, are in need of empirical evidence to justify to board members, CEOs and ultimately shareholders why financial investments into Human Capital should be increased or at least maintained. The research questions posed in this thesis take on the challenge to find empirical evidence that investment in Human Capital, through Human Resources, has a positive impact on intermediate as well as accounting and share-value indicators of organisational performance. This literature review summarises, integrates and evaluates research published between 1998 and 2003 pertaining to the direct and indirect relationship between Human Resources on different indicators of intermediate and bottom-line performance. The review is comprised of 31 articles clustered into the following topics: strategic HRM, Human Resources Development, technology, diverse workforces and flexible working conditions and methodological issues in HR-organisational performance research. Evidence for the direct and indirect impact of HR on organisational performance is discussed and the findings are interpreted with reference to Ostroff and Bowen s Multi-Level Model (2000), which explains the individual, organisational and inter-level relationships between Human Resources and organisational performance. Enabling conditions that strengthen the HR-organisational performance relationship are identified. Methodological issues such as levels of analyses, short-term vs. long-term perspectives and generalisability are evaluated in detail. Employee benefits from enhanced organisational performance and barriers to the diffusion of high-performance work practices are research questions that still remain unanswered (Ichniowski et al., 2000). Future research should focus on building up a portfolio of studies at different levels of analyses and include a broader range of organisational performance variables that are also relevant employees as well as shareholders and top management. The implications of the research findings for HR directors and corporate strategy functions are presented. Inhaltsverzeichnis:Table of Contents: 1.Introduction4 2.Theoretical Background7 2.1How is Human Capital Conceptualised in the Management Literature?7 2.2The Human Capital Project8 2.3The Story so Far: Theoretical Perspectives on Human Resources Management9 2.3.1Current State of Research on HR Practices and Firm [...]

Investing in People

Investing in People PDF Author: Wayne F. Cascio
Publisher: Pearson Education
ISBN: 0132703920
Category : Business & Economics
Languages : en
Pages : 425

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Book Description
A Logical, Proven Framework for Understanding the Economic Value of Human Resources Investments How 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 more Investing in People introduces a breakthrough approach 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 online You 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 xi Acknowledgments xiii About the Authors xiv Preface xv Plan for the Book xvii Chapter 1: Making HR Measurement Strategic 1 Chapter 2: Analytical Foundations of HR Measurement 21 Chapter 3: The Hidden Costs of Absenteeism 43 Chapter 4: The High Cost of Employee Separations 67 Chapter 5: Employee Health, Wellness, and Welfare 99 Chapter 6: Employee Attitudes and Engagement 125 Chapter 7: Financial Effects of Work-Life Programs 151 Chapter 8: Staffing Utility: The Concept and Its Measurement 171 Chapter 9: The Economic Value of Job Performance 195 Chapter 10: The Payoff from Enhanced Selection 223 Chapter 11: Costs and Benefits of HR Development Programs 245 Chapter 12: Talent-Investment Analysis: Catalyst for Change 271 Appendix A: The Taylor-Russell Tables 285 Appendix B: The Naylor-Shine Table for Determining the Increase in Mean Criterion Score Obtained by Using a Selection Device 297 Index 309

Investing in People

Investing in People PDF Author: Wayne Cascio
Publisher: FT Press
ISBN: 0132117428
Category : Business & Economics
Languages : en
Pages : 384

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Book Description
More than ever before, HR practitioners must empirically demonstrate a clear link between their practices and firm performance. In, Investing in People: Financial Impact of Human Resource Initiatives, 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. They provide powerful techniques for looking inside the HR "black box," implementing human capital metrics that track 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. Using their powerful "LAMP" methodology (Logic, Analytics, Measures, and Process), the authors demonstrate how to measure and analyze the value of every area of HR that impacts strategic value. Among the areas covered in depth are: · Hiring · Training · Leadership Development · Health and Wellness · Absenteeism · Retention · Employee Engagement 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.

Investing in Your Company's Human Capital

Investing in Your Company's Human Capital PDF Author: Jack J. Phillips
Publisher: Amacom Books
ISBN: 9780814428948
Category : Business & Economics
Languages : en
Pages : 312

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Book Description
A thorough explanation of human investment options from which an executive can make a better decision. -- Jac Fitz-enz, from the Foreword

Human Capital and America's Future

Human Capital and America's Future PDF Author: David W. Hornbeck
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 424

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Book Description
This volume presents a human capital (people's) agenda to meet the nation's contemporary social and economic challenges and dilemma. Beginning with an introductory chapter that makes the case for human capital investment, the contributors identify the demographic imperatives and some major target groups. They also examine the agenda's components with particular emphasis on education and training, and cover organizational and financing issues, and social services. ISBN 0-8018-4143-7: $45.00.

The ROI of Human Capital

The ROI of Human Capital PDF Author: Jac FITZ-ENZ
Publisher: AMACOM Div American Mgmt Assn
ISBN: 0814413358
Category : Business & Economics
Languages : en
Pages : 338

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Book Description
The lifeblood of any business enterprise is its people. Yet it wasn’t until the publication of the groundbreaking book The ROI of Human Capital that there was a reliable way to quantify the contributions of people to corporate profit. Completely updated with new metrics, the book shows executives and HR professionals how to gauge human costs and productivity at three critical levels: organizational (contributions to corporate goals) • functional (impact on process improvement) • human resources management (value added by five basic HR department activities) The second edition contains new material on topics including corporate outsourcing, developments in behavioral science, and advances in trending and forecasting that have dramatically changed the way organizations measure the bottom line effect of employee performance. Utterly up-to-date, this is the go-to resource for organizations performing the essential task of measuring the value of their people.

Investing in People

Investing in People PDF Author: Wayne F. Cascio
Publisher:
ISBN: 9781586446116
Category : Employees
Languages : en
Pages :

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Book Description


The Death of Human Capital?

The Death of Human Capital? PDF Author: Phillip Brown
Publisher: Oxford University Press
ISBN: 0190644338
Category : Social Science
Languages : en
Pages : 224

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Book Description
Human capital theory, or the notion that there is a direct relationship between educational investment and individual and national prosperity, has dominated public policy on education and labor for the past fifty years. In The Death of Human Capital?, Phillip Brown, Hugh Lauder, and Sin Yi Cheung argue that the human capital story is one of false promise: investing in learning isn't the road to higher earnings and national prosperity. Rather than abandoning human capital theory, however, the authors redefine human capital in an age of smart machines. They present a new human capital theory that rejects the view that automation and AI will result in the end of waged work, but see the fundamental problem as a lack of quality jobs offering interesting, worthwhile, and rewarding opportunities. A controversial challenge to the reigning ideology, The Death of Human Capital? connects with a growing sense that capitalism is in crisis, felt by students and the wider workforce, shows what's at stake in the new human capital while offering hope for the future.