HR fails to capitalise on human capital
New research from the benchmarking specialist Saratoga finds little evidence that HR departments are producing human capital policies.
The report uses Saratoga's methodology for assessing HR's impact on human capital return on investment. It urges HR executives to 'cease an introspective focus and produce practical human capital policies, which have a measurable impact on bottom line results'.
Is HR getting the measure of metrics? IRS Employment Review looks at the key findings of the study.
Also
Human capital reporting wins at CMS Cameron McKenna Becoming the first law firm to produce a human capital report helped CMS Cameron McKenna win new business while boosting its employer brand among potential candidates.
Making people count By Alex Blyth, writing in Personnel Today.
Playing the game of human capital hopscotch By CIPD assistant director general Duncan Brown, writing in Personnel Today.
The tip of the iceberg: human capital reporting Writing in IRS Employment Review, Sarah Welfare looks at the current status of human capital and corporate responsibility reporting among listed companies.
Brown's
bombshell is bad news for HR and Blow for HR as OFRs axed Read the respective reports from IRS Employment Review and
Personnel Today on the Government's decision to scrap the requirement that
listed companies produce Operating and Financial Reviews, announced by
Chancellor Gordon Brown at the annual CBI conference.
Employers failing to measure HR's
effectiveness A 2004 study from IRS revealed that most
organisations have a clear statement of business and HR strategy, but nearly one
third have no mechanism in place for reviewing performance against the
plan.
A brief history of human capital As the concept of human capital has evolved, the measurement of its value has transferred from labour to knowledge, while its ownership has moved from the worker to the employer, argues Stephen Overell.
Is HCM dead in the water? The Accounting for People report promised much, but delivered little, argues Stephen Overell. From Personnel Today.
Human capital reporting: proving the value of people Writing in IRS Employment Review, Rachel Suff investigates whether employers are ready for the new human capital reporting requirements, and explores the range of available measures for demonstrating the value of human assets.
Human capital management: One stop guide Read the Personnel Today Management Resources one stop guide on human capital management, written by Paul Kearns.