This guide will assist you in understanding human capital management, and support you in the demanding task of establishing HR measures, tailoring them to your own organisation’s requirements, and structuring them for success. It is designed to inform business leaders and HR professionals of the central role played by human capital management in understanding what practices add value to an organisation, and the types of measures to consider.
It highlights the practical steps in creating and delivering human capital measurement, the ways different types of measures can be used, how they match the needs of different organisations, and how they can be structured for success. In this guide IBEC has compiled a number of formulae to help companies to standardise how they report on various HR measures. The consistent use of these formulae will facilitate both internal and external benchmarking.
The guide outlines, from surveys and in case study format, the practices that are widespread in some of Ireland’s most successful and dynamic organisations. Eircom’s approach to absence is featured as a case study in this guide to Human capital management and measurement. Dave Doody explains how Eircom Retail evaluated their level of sick absence and the successful result they achieved in managing absenteeism. Click on the link below to hear the interview.
Audio interview: Dave Doody, eircom »
File format: MP3. Length: 5 minutes.
The Essential Guide to Human Capital Management and Measurement
1. Introduction and definitions
2. The business case for human capital management
3. Developing the human capital measurement process
4. Sample measures and metrics
5. Trends and practices in human capital measurement
6. Best practice case studies
7. Future trends
This publication is available free to Ibec members in the Employer Services section of the Ibec website.