It is the study of the ROI you get from the various HR processes and Practices.
Eg:
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 share holder 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
Eg:
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 share holder 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
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.