Does your HR function measure up? How do you know? Does it report headcount and turnover? Or, does it tell you about the impact of HR processes as they relate to profit & loss?
Human Resources, as a function, can have a significant impact on your companies profit & loss? “No way”, critics say, “this is impossible, all they do is fill out forms and say no, that’s illegal.” Of course, those critics have probably never experienced strong value-added human resources management in their careers. So how does a good HR department measure and provide a return on HR processes and procedures?