How Does Your HR Department Help Your Business Make Money?
The focus of our course this week is on gaining a better understanding of the Return on Investment (ROI) of an HR department.
- In your organization, is HR viewed as a cost center or a money maker?
- How do you quantify the ROI that HR brings to your organization? Give two specific examples of the positive return.
- Are the performance metrics in HR aligned to the metrics of the organization? If yes, explain how. If no, explain how they could be.
https://www.huffpost.com/entry/how-much-does-employee-turnover-really-cost_b_587fbaf9e4b0474ad4874fb7
https://www.entrepreneur.com/article/307152
https://fitsmallbusiness.com/hr-metrics/
https://youtu.be/-Di_F87btMQ
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