Investing in people [electronic resource] financial impact of human resource initiatives / Wayne F. Cascio, John W. Boudreau, Alexis A. Fink

A Logical, Proven Framework for Evaluating the Economic Value of HR InvestmentsNow Updated with Even More Powerful Tools  How to choose HR investments that deliver optimal strategic valueand eliminate those that dont Extensive new coverage: measuring the hidden costs of layoffs, identifying better performance improvement interventions, and linking HR to stockholder value Best-practice techniques for assessing the value of talent management, health and wellness programs, employee engagement, and more  Investing in People, Second Edition presents a breakthrough approach to HR measurement that systematically aligns HR investments with organizational goals, making HR a true strategic partner. Wayne Cascio and John Boudreau show exactly how to choose, implement, and use metrics to improve decision-making, optimize organizational effectiveness, and maximize the value of all HR expenditures. Youll master crucial foundational principles such as risk, return, and economies of scaleand use them to objectively evaluate HR investments ranging from work/life programs to training. Cascio and Boudreau introduce powerful ways to integrate HR with enterprise strategy and budgeting and gain commitment from leaders outside HR. This editions new techniques include linking investments in training to stock prices, linking employee engagement to customer service and financial results, strategies for communicating the financial implications of investments in people to leaders outside of HR, and more.