MANA 463 Lecture Notes - Lecture 14: Cost Accounting, Executive Compensation, Outsourcing

• School: Concordia University
• Department: Management
• Course: MANA 463
• Professor: Domenic Peltier- Rivest

Document Summary

Hr analytics is an evidence-based approach for making better decisions about employees and hr policies, using a variety of tools to report hr metrics and to predict outcomes of hr programs. Allows organizations to make the adjustments necessary to reach their goals. Has measures of key indicators that focus managers" and employees" attention on what is important to the organization. Until the hr managers can talk about the contribution and value of hr activities in the numbers and language of business, the hr department and the hr profession will be vulnerable to destructive proposals. Some hr managers resist measuring their work because outcomes such as employee attitudes or managerial productivity are impossible to calibrate meaningfully. Some hr managers resist measuring their work, due to: Lack of integration of hris with each other and with operational systems. Limited knowledge of measurement models and limited skills to measurement design.