Documente Academic
Documente Profesional
Documente Cultură
investments
Group
3
Jaspreet
Manas
Preetam
Shakti
Snigdha
Sonali
Contents
Introduction
HR Matrix
Justification strategies for HRIS investments
Evolution of HRIS justification
Approaches to investment analyses
HRIS CBA analysis
CBA Matrix
Example of CBA analysis
Introduction
Sonali - 50
HR
METRICS
Human capital ROI
Revenue factor
Effectiveness of the
company
Training investment
factor
Training (ROI)
HR
METRICS
HR expense factor
HR expense/ Total
operating expense
Absence Rate
No of days absent in a
Measures absenteeism
month / Avg no of
employees during month *
no of work days * 100
Vacancy rate
Snigdha- 49
Shakti- 45
Jaspreet - 20
Indirect
Benefits
Revenue
Enhancement
New Revenue
(New sales)
Improvement
potential
(Better decision
making)
Benefits
Cost
Reduction
Direct costs
(cancelled vendor
contracts)
Potential costs
(saved staff time)
Costs
New
Implementation
Costs
Out of pocket
costs
(software, service
agreement)
Indirect costs
(Increased
technical support
needs)
Preetam - 34
Example of e-learning
CBA matrix
Direct
Indirect
Revenue Enhancements
Outsourcing e-learning
sales of locally
developed learning
modules or programs
Cost reductions
Improved safety(fewer
injuries, less lost time,
fewer insurance claims)
Cost of implementation
Installation support
software fee, license fee,
courseware purchase,
training administrator
etc.
Estimatingdescription
the value
approach
of undirected
When tobenefits
use it
Advantages/li
mitation
Direct estimation
Cost is low
Attempting to
gain compliance
or mitigating
extreme risks
Substantial direct
cost reduction or
revenue
enhancements
exist
Bench marking
When cost is
large
Organization has
limited
experience or no
data
Precise
estimation
through other
organizations
experience
Avg estimation
may not be
generalize
Manas- 25
Contd
approach
description
When to use it
Advantages or
/limitation
Internal assessment
Analysis based on
specific internal
assessments of
actual cost and
likely benefits
Using combination
of these approaches
Different amounts
or resources of
information are
available for
different types of
cost and benefits
Permits the
organization to use
the best methods
available
Manas- 25
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