It is the study of the ROI you get from the various HR processes and practices.
Example:
How can you recover investments on recruitment if your retention rates are low?
• How can you calculate training investments and ensure returns to the full?
• How much are you spending on your HR department? Are you getting the best from it?
• How does HR contribute to your intellectual value addition and shareholder value?
• What kind of HR managers can add value to your corporation?
• How can you calculate your ROI on Competency mapping, 360 Degree Feedback, Assessment Centers, and Performance Management Systems?
• How can you get the best from your new hires from month one or week one or day one?
Hope you have got some idea of what Hurconomics is about... :icon1:
Regards,
Aashi... :icon1:
From India, Mumbai
Example:
How can you recover investments on recruitment if your retention rates are low?
• How can you calculate training investments and ensure returns to the full?
• How much are you spending on your HR department? Are you getting the best from it?
• How does HR contribute to your intellectual value addition and shareholder value?
• What kind of HR managers can add value to your corporation?
• How can you calculate your ROI on Competency mapping, 360 Degree Feedback, Assessment Centers, and Performance Management Systems?
• How can you get the best from your new hires from month one or week one or day one?
Hope you have got some idea of what Hurconomics is about... :icon1:
Regards,
Aashi... :icon1:
From India, Mumbai
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