THE CANADIAN HUMAN CAPITAL BENCHMARKING SURVEY

2010 HCB Participant Input Package - NOW AVAILABLE

WHAT CAN HR METRICS DO FOR YOUR ORGANIZATION???

Do you have any of the following needs in your organization right now??

• Respond to pressure from your executive suite for specific performance metrics?

• Determine a baseline for comparisons after the recent economic turmoil?

• Increase employee engagement?

• Produce more output with fewer employees?

• Attract and retain qualified employees?

• Cut labour and G & A costs?

• Identify Value for Money in your Human Resource programs?

• Gain operational support for some critical HR initiatives e.g. training, staffing, rewards?

If you need ANY of these, then

can help you

Increase the Return on Investment in your Human Capital and:

• Shareholder Value

• Effective Use of all Resources

• Engaged Productive Employees

• Customer Retention

• Direct links between performance and rewards

ABOUT THE 2010 CANADIAN HUMAN CAPITAL BENCHMARKING SURVEY

This report provides is based on a foundation of over 15 years of comprehensive of Canadian Human Capital benchmarking data available.  These unique measures including Return on Investment (ROI) of Human Capital can be used to evaluate the productivity of your Human Assets and to set objectives for your human capital management function.  

Key Metric Areas and Samples of Data Required:  

WHAT YOU WILL RECEIVE AS A PARTICIPANT IN THE
2010 HUMAN CAPITAL BENCHMARKING SURVEY

• Custom Comparison of Your Organization’s metrics to your industry.  See Custom Comparison Chart Sample.
• HCB Index Summary Report - The HCB INDEX is an overall indicator identifying an organization’s ability to attract, retain, develop and access the Human Capital potential of their employees.  See below.
• HCB Summary Report, which provides recommendations on HOW to identify the HR programs that will provide the greatest Return on Investment.  See sample Summary Report.
• Summary of All Industry Key metrics.

Sample Chart from the HCB Index Report

2010 Download Package - Now Available! (please click here)

Additional HCB Services provided by The Wynford Group:

·       Custom Industry Reports - developed to requirements of specific industry needs.

·       HCB Diagnostic  - Consultant facilitated collection and analysis of core metrics and workflow analysis.  (click here for more details)

·       Custom Company Report - Consultant analysis of your company’s metrics and results with recommendations for action.  
      (click here for Sample Executive Report)

·       Causal Report (click here)

HUMAN CAPITAL MEASUREMENT

In today’s economic climate, it has been increasingly important for organizations to maximize all of their resources (including Human Capital) in the most effective manner. Combined with the changing face of demographics creating skill shortages in many industries, companies are challenged in many ways with managing staff costs effectively.  Improving the bottom line is increasingly important as over 90% of companies today are using short-term incentives to reward, retain and motivate staff.   With the shifting focus on corporate governance, scrutiny on profitability and headcount, the measurement of Return on Investment (ROI) is increasingly important as well as the value of “tangible assets”. 

The most challenging of all assets to measure and manage is Human Capital, and the effectiveness of Human Resource programs.   Research in the last few years has demonstrated that there are clear links between the effective use of Human Capital and enterprise effectiveness.  The increased alignment of these linkages supports a strategic HR focus and positive ROI on Human Capital and Organizational Effectiveness.  

Built upon the pioneering research on business metrics done by Dr. Jac Fitz-Enz, The Wynford Group has continued to refine these ratios that have lead the field in developing tools and techniques for measuring the worth of human assets and the bottom-line contributions of well managed, high performing organizations in major economic sectors.  These comprehensive valuation measures are available in Canada ONLY in the Human Capital Benchmarking Survey conducted by The Wynford Group. 

Why Human Capital Valuation?

High performing organizations use HCB metrics to increase:

   >   Shareholder Value
   >   Effective Use of all Resources
   >   Customer Retention
   >   Engaged Productive Employees
   >   Links to Balanced Scorecard

The Human Capital Value Creation Chain

The Wynford Group has identified some clear linkages between critical Issues that affect the productivity of Human Capital and specific measures Human Capital measures that can be used to diagnose areas of opportunity for increased value creation by employing Human Capital more effectively.  The following measures have been identified as diagnostic metrics for their associated Human Capital issues:

HUMAN CAPITAL METRICS

can provide you with valid data to demonstrate

VALUE for MONEY

for your critical Human Resource programs

See an example of how metrics can be applied in the results of

The Wynford Group's

Click Here for Causal Model Study Summary

The Purpose:

Data was submitted from over 40 organizations from a variety of industries.

The purpose was to show the strength of the impact (or "cause") on business outcomes of investment in specific Human Resource Programs such as:

• Return on Investment (ROI)

• Employee Engagement

• Attraction and Retention of Employees

The strength of these "causal" relationships can be used to prioritize and validate HR efforts and investment in particular HR Programs by identifying those programs that will have the greatest Return on Investment.  In other words the Causal Model demonstrates how HR impacts the organization business performance.

How You Can Use This:

With the increased pressure on organizational performance and focus on supporting core business drivers and results, Human Capital Metrics and the Causal Model, in particular, can be used to identify areas of opportunity for increased value creation by employing Human Capital more effectively.

This study provides an introduction to critical Human Capital metrics and will enable you to:

• Identify Drivers for Human Capital productivity, to apply to your organization  

• Demonstrate linkage between Human Capital investment and the bottom line of the organization  

• Demonstrate the value of Human Resources programs at the Executive table using hard metrics data

survey@wynfordgroup.com

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