Human Resouces - ROI (Univ. of Phoenix 422)
Date Submitted: 12/07/2003 01:39:31
Human Resources - Return on Investment
The tight labor market is making it difficult to find qualified and experienced employees. Retaining those already present is much more cost-effective than replacing them. Innovative means of enabling employees to balance work and home life can have a greatly positive effect both on employee morale and on the organization's bottom line. There are various ways to calculate and measure the benefits of training and development. The firm must
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Measure What You Bring to the Bottom Line" Workforce Sep. 1998: 34-36. InfoTrac. University of Phoenix Online Collection. 24 May 2003.
Keyword: Human Resources Return on Investment.
Horne, John F., III. "Getting a Return on Investment (ROI) From Human Resources." Alexander, Scott & Associates Home Page. 25 May 2003. <http://www.asaglobal.com/white_PageHR_ROI.html>.
Link, Albert N., and Michael B. Boger. The Art and Science of Business Valuation. Westport, CT: Quorum Books, 1999.
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