Swinburne
Browse

Human Resource is not a Resource at all: A Return-on-Investment perspective

Download (168.05 kB)
conference contribution
posted on 2024-12-09, 04:00 authored by Wahed WaheduzzamanWahed Waheduzzaman, Justine Ferrer
Organisational leaders and HR professionals often claim that employees are their greatest resource. To substantiate this, HR professionals need to demonstrate the benefits of their investments for employees and contributions of their employees effectively. However, many HR professionals are not well-versed in showcasing the return of their activities and investments for their employees’ performance. In this paper, we present an example illustrating how HR professionals can calculate the return on investment (ROI) from HR-related activities and investments. Additionally, we explore the areas where HR professionals should focus their data analysis efforts in the era of AI. The insights from this conceptual paper have significant implications for HR managers regarding their role in data-driven decision-making and management.

History

Available versions

Accepted Manuscript

Conference name

Celebrating Management Research, its Impact and Future: 37th ANZAM Conference

Location

University of Wollongong, NSW, Australia

Start date

2024-12-03

End date

2024-12-05

Pagination

1-8

Copyright statement

Copyright © 2024 The Authors. This is the author's final peer-reviewed accepted manuscript, hosted under the terms and conditions of the Creative Commons Attribution 4.0 (CC BY 4.0) licence.

Language

eng

Usage metrics

    Publications

    Categories

    No categories selected

    Licence

    Exports

    RefWorks
    BibTeX
    Ref. manager
    Endnote
    DataCite
    NLM
    DC