Sessions
Concurrent Session
How to Get the Best Bang for Your Buck: Are Your HR Programs Bringing in ROI?
S105
Monday 06/18/2018 07:00 AM - 08:15 AM
1.25 SHRM PDCs
| Competencies: Communication, Critical Evaluation, Business Acumen
| Intended Audience: Senior-Level
Workplace Application:
You will learn how to translate the value of your HR efforts into dollars and cents.
Are you looking to communicate the contribution of HR programs to the financial bottom-line of your organization? To be great business partners we have to be able to identify which of our programs are a sunk cost and which of our programs are making our organizations money, and then translate that value into a financial figure to make a business case for our efforts. This session will teach you how to do just that in a simple and understandable format. You will learn how to:
- Make a business case for the programs you want to implement.
- Apply ROI calculations and other metrics to specific talent interventions.
- Effectively communicate the value of talent programs outside your department.
