Business Capital Definition Economic

Business Capital Definition Economic

Business Capital Definition Economic

The ROI of Human Capital: Measuring the Economic Value of Employee Performance is a book written by Dr. Jac Fitz-enz Ph.D. Fitz-enz is considered by many to be the father of modern efforts to measure human capital contributions related to the success of organizations. Dr. Fitz-enz is Chairman and founder of the Saratoga Institute of Santa Clara, California. The Saratoga Institute is known for its efforts in human resource management research and employee performance benchmarking studies.

Human Productivity - Measuring the ROI (Return On Investment) of human capital centers on the idea that people represent the vitality of any company or organization. Fitz-enz points out that there is no overarching measurement system to determine the value employees bring to corporate profit. Human costs and productivity can be measured in three broad areas of organizational, functional and human resource management. The author’s purpose is to provide a template for measurement of the value people can bring to their work.