HR Scoop Posts Tagged as ROI

Employee Retention

Published 09/01/2018

89% of Companies Report Better Retention Simply by offering Flexible Work Options Camile Bradbury of KPA, wrote a very informative article earlier this year regarding the increasing trend of flexible work schedules.   Trend Drivers Millennials are the largest generation to hit the workforce since baby boomers, and flexible hours is at the top of their must-have benefits list. The U.S. Census Bureau reports that there are 83.1 million millennials in the workforce, representing more than 25% of the nation’s population. Their size exceeds that of the 75.4 million baby boomers.   However, flexible scheduling is also attractive to Gen Xers and baby boomers, the other two main generations currently in the...

Determining Training ROI

Published 07/13/2017

Most companies will tell you that their employees are their most valuable asset. Many of them mean it, but then fail to invest in this valuable asset. Without investment, the asset will loss it's value over time. Even those who invest (and one way to do this is to provide training) frequently don't really know what they are getting for their investment. Usually, the primarily sticking point is that companies don't know how to assess the ROI of their training. Like many business problems, it helps to approach it with an easily understandable metric. Specifically, what are the costs and what are...