Measurement of Human Resource Practices This course is designed for Human Resource personnel and includes financial principles and perspectives. It aims to help organisations quantify labour and provide clear indicators for evaluating manpower. It provides the knowledge and skills required to perform cost accounting work with regards to human resources.
Key Benefits
Compute the cost and the value of labour, identify Labour Productivity and Performance Indicators, and diagnose the Manpower Productivity of their company
Write HR reports which comprise of indicators, charts and graphs in Planning, Recruitment, Selection, Compensation, Organisational Development and Training
Course Content
The Cost and the Value of Labour
Understanding and Computing Value-Added (preceded by a session on the Interpretation of Financial Statements)
Identifying Labour Productivity and Performance Indicators
Computing Productivity and Performance Indicators in the areas of:
- Labour Productivity (and related Capital Productivity) - Labour Cost Competitiveness - Profitability - Diagnosing the Manpower Productivity of a Company
• Preparing a Professional HR Report in the following areas:
- Planning, Recruitment, Selection and Induction - Organisational Development and Training - Compensation - Labour-Management Relations - Health and Safety
Learning Methodology Group work and exercises will be used to provide participants with many opportunities to demonstrate their knowledge, learning and skills.
Who Should Attend All Human Resource Management and Development Personnel, and those involved in attaining the People Developer Standard for their company.