Summary
Contents
Subject index
In a dynamic world, the role of HR is central in tapping the vast potential of human capital, and interestingly, blending it with automation and digitization in unique ways. HR analytics is pivotal in identifying, measuring and articulating the objectives and outcomes of different programs.
Results-oriented Talent development
Results-oriented Talent development
Since the publication War for Talent by McKinsey in 1997 (Michaels, 1997), finding the right talent has been an ever growing challenge for the companies. And the process of finding the right talent is not cheap. There have been various studies to estimate how much a new hire cost to the company from the joining date to the date of being productive, and the rule of thumb being that based on the level of hire, cost can range from 1.5x to 3x of the salary for a fully productive employee. Imagine the total cost for hiring 1,000, 5,000, or 10,000 employees per annum. Now here is the challenge. A company may be able to find the talent and bring ...
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