This blog post is courtesy of HRMS World. Unless you bought your HRMS for purely ornamental purposes, you’ll be looking for a return on your investment. You’ve invested time, money, and probably a great deal of effort so you expect to see some benefits from that expense. Those benefits might be reduced costs, headcount savings, freeing..
A study by Watson Wyatt found that “Firms that carefully link HR activities to business strategy, measured by metrics have a 33% higher return on total capital than organizations that do not.” For some HR pros, talking about return on investment (ROI) inspires a sense of fear. In others it creates an almost giddy response at the idea of being..