What Is a Return on Investment in Human Resources?

Human Resources

Human resources is sometimes considered a “soft” industry, because it can’t always provide quantifiable financial data about its workload and doesn’t typically create revenue either. Investment in HR can make executives nervous, because projects and programs often provide no tangible results. Although the idea of “improved morale” or “greater employee satisfaction” seems like a good […]

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Strategic Human Resource Management Process

SHRM

Definition: The Strategic Human Resource Management is concerned with the development of HR strategies intended to direct the employees’ efforts towards the business goals. Strategic Human Resource Management Process 1. Scanning the Environment: The process begins with the scanning of the environment, i.e. both the external and internal factors of the organization. The external environment […]

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