Few people choose HR because they love math, but not understanding HR's numbers can stop you from being a true strategic partner. Many HR leaders also hesitate to ask for a raise because they struggle to prove what they've earned.
This 60-minute webinar on the math of HR teaches the numbers behind HR in a way that helps you add value and be paid for it. You'll see how CEOs think about HR, the costs of hiring, performance and retention practices, the real benefit in benefits, and workers' comp and EPL exposures.
You'll also learn to express HR costs as revenue and activity equivalents, and a method for educating executives on the value of great HR.
WHY SHOULD YOU ATTEND?
HR professionals are people people, not accountants, and that gap limits the conversations they can have with leadership and the impact they can make. Learning the math of HR lets you speak the language CEOs use and show how HR affects the bottom line.
It suits leaders and managers, HR managers and directors, HR business partners and HR consultants.
AREA COVERED
- How CEOs think about HR
- The opportunity in understanding the math of HR
- The Big 3: the costs of hiring, performance and retention practices
- Defining the benefit in benefits
- Workers' comp and EPL exposures
- The revenue equivalency of HR costs
- The activity equivalency of HR costs
- Creativity systems
- Marketing the math and getting a raise
LEARNING OBJECTIVES
- Explain how CEOs view HR and its costs
- Calculate the costs of hiring, performance and retention practices
- Assess the value of benefits and workers' comp and EPL exposures
- Convert HR costs into revenue and activity equivalents
- Present HR's financial impact to executives to support a raise
WHO WILL BENEFIT?
- Any Leader or Manager
- Human Resource Manager
- Director of Human Resources
- Human Resources Partner
- Human Resource Consultant
HR professionals are people people, not accountants, and that gap limits the conversations they can have with leadership and the impact they can make. Learning the math of HR lets you speak the language CEOs use and show how HR affects the bottom line.
It suits leaders and managers, HR managers and directors, HR business partners and HR consultants.
- How CEOs think about HR
- The opportunity in understanding the math of HR
- The Big 3: the costs of hiring, performance and retention practices
- Defining the benefit in benefits
- Workers' comp and EPL exposures
- The revenue equivalency of HR costs
- The activity equivalency of HR costs
- Creativity systems
- Marketing the math and getting a raise
- Explain how CEOs view HR and its costs
- Calculate the costs of hiring, performance and retention practices
- Assess the value of benefits and workers' comp and EPL exposures
- Convert HR costs into revenue and activity equivalents
- Present HR's financial impact to executives to support a raise
- Any Leader or Manager
- Human Resource Manager
- Director of Human Resources
- Human Resources Partner
- Human Resource Consultant