Shelly Tessier is a human resource manager with a medium-sized corporation. She has noticed that managers in other departments seldom seem to include her and other HR managers in their planning efforts. One problem Shelly and her HR colleagues face is that it is virtually impossible to quantify the financial impact HR functions have on the company's bottom line.

Question

Quizplus · Accepted Answer

Many HR functions can indeed have their financial impact quantified through metrics such as employee turnover rates, the cost of hiring and training new employees, employee productivity rates, and the return on investment (ROI) of HR programs. These metrics can help demonstrate the value of HR practices in financial terms to the company's bottom line.

Shelly Tessier Is a Human Resource Manager with a Medium-Sized