What if organizations could quantify the workforce with objective, verifiable, and value-based principles? Human Capital Financial Statements training will teach participants how to create opportunities to optimize workforce decisions regarding job structure, performance, training, career development, hiring, turnover, rewards and more using the Human Capital Financial Statements (HCF$) tool. There is no longer a reason to guess what the value of your human capital is. This training will provide the skills and tools to definitively answer this question.
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2013 Training Calendar
|Human Capital Financial Statements – Register||October 17||Washington D.C.|
- Quantify and trend shifts in workforce productivity, costs and value creation across the talent management lifecycle
- Measure the impact of human capital in financial performance
- Quantify the total value of the Workforce
- Identify where and how is human capital being allocated
- Trace the flow of human capital across the organization
- Calculate Productivity for Specific Job Groups
- Quantify Cost of Turnover
- Create a standard for disclosing human capital data
Key Questions Answered in this Training
- How can the impact of human capital on financial performance be quantified?
- How can human capital metrics integrate with commonly accepted financial metrics?
- How can the measure of total workforce costs be used to drive workforce effectiveness and efficiency?
- What is the impact of training on profit, productivity, and total human capital value?
- What is the human capital value of different job roles?
- How can the measures of workforce flow, changes, and growth be made similar to a cash flow statement?
Training Targets Professionals in the Following Functions:
- Training and Development
- Talent Management
- Organizational Development
- Workforce Planning
- Workforce Analytics
- Strategic Planning
Sample Training Agenda
Introduction to Human Capital Financial Statements (HCF$)
- HR as a strategic partner
- Compelling Case for HCF$
- Why are financial statements important? What are they lacking?
- Value creation
- Training investments
- Workforce productivity
- Lack of HR standards
Talent Management Life Cycle: Sources of Value
- Job framework and critical job identification
Human Capital Asset Statement
- Capitalized human capital training
- Human capital ROI ratio
- Total retained human capital value
Human Capital Impact Statement
- Workforce productivity Impact
- Total Cost of Workforce
- Classification and allocation of HR and other workforce costs
- Talent Management Impact
- Sources of value across the employee and talent management lifecycle
Human Capital Flow Statement
- Compare and contrast between the flow statement and financial statements
Linking Human Capital Metrics to Company Performance
- Implementing Human Capital Financial Statements
- Future of Talent Management