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Event Details

    HR Is a Profit Center – Best Practices in Showing HR ROI

    Date: March 26, 2015, 1:00pm – 2:00pm
    Organizer:
    MDSHRM and CT SHRM
    Location:
    Webinar
    https://blmediagroup.wufoo.com/forms/hr-is-a-profit-center/?utm_content=SendGrid&utm_campaign=SendGrid&utm_source=Sendblaster&utm_term=Marketing&utm_medium=Email
    Event Type:
    Meeting
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    This webinar has been approved for 1 SHRM Recertification Credit and 1 HRCI General Recertification Credit(s)

    Please join us virtually for a 1-hour Webinar, HR Is a Profit Center – Best Practices in Showing HR ROI, presented by David Lewis, President / CEO of OperationsInc, on Thursday, March 26th, 2015 from 1pm - 2pm EST.

    The presentation is a sixty (60) minute webinar for business professionals concerned about how to clearly and succinctly demonstrate the ROI of HR.

    As the HR function evolves, so too does the increased need to show that HR-related initiatives are in fact paying off. Yet HR departments and leaders continue to struggle with methods for quantifying their efforts. While other functional areas of businesses (e.g. Marketing, Finance) are laser-focused on converting their efforts in direct ROI, clearly demonstrated by how they report their progress upward to the executive level through hard data, HR departments and leaders are not always clear on what to present, how to present it, and in general how to convert what some argue are soft points and approaches to harder data worthy of respect.

    So how do you clearly and succinctly demonstrate HR ROI? We have the answers. In this fast moving and highly informational webinar, we will cover in concise, simple terms:

    • Employee Benefits – Simple methods for quantifying how fully provided, shared cost, and voluntary benefit plans contribute to your ability to retain and attract talent.
    • Exit Interviews – Converting the data collected and resulting action items into a dollar amount that demonstrates the value in this effort.
    • Recruiting and Sourcing – Ways to document all associated expenses (e.g. Time, Postings, Testing, Agencies, Tools, HRIS) in order to show the resulting ROI. 
    • Professional Development/Training – Tracking the mix of cost consumed for said efforts, and the end results and impact on the business.
    • Turnover – How to measure the economic impact of turnover in your business and how to use this data to feed into other preemptive initiatives.
    • Outsourcing – Assessing the options for exporting roles to outside providers and the potential impact these moves can have on your bottom line.

    Technology – Correlating the expense associated with implementing new tech tools in HR and the resulting impact on efficiency and flow of your HR department. 

    For more information and to register, click here.