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The Cost Factor: The Financial Impact of Human Resources in Corporations
"Wise decisions about personnel programs demand a knowledge of their costs and benefits". Written for human resource and business professionals who want to understand how to analyze and apply the costs of human resource decisions and benefit plans to their companies, The Cost Factor focuses first on procedures for costing personnel decisions related to employee turnover, absenteeism, and smoking. Secondly, the book examines the costs and benefits of employee assistance programs (EAPs), wellness programs, and the financial impact of employee attitudes and collective bargaining agreements. Lastly, the book focuses on deriving and economic, return-on-investment perspective to the concept of utility, or overall worth with respect to personnel selection, job performance measurement, and training and development efforts.
298 pages, Paperback
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