Human Resources Skills: Human Capital Measurement and Reporting

Course Overview

All UK quoted companies are now required to produce an Operating and Financial Review in their annual report that must include information about the companys employees. Many public sector bodies are following suit.

But what should your organisation say in the annual report about its employees? What are the key measures on people, their management and performance that your organisation should be using internally? And is human capital management any different from traditional HR management?

Based on extensive research involving some of the top academics, consultants and employers in the field, this course will equip you with the ideas and tools to understand the essentials of human capital measurement and reporting, and to go back to your organisation able to apply them in practice.

Audience

HR and finance executives with responsibility for the external reporting of employee issues. All HR and finance managers and specialists involved with and interested in the measurement of people and their performance in organisations.

Introductory level course - geared towards those who need an introduction to the subject and assumes limited or no previous experience.

Skills Gained

By the end of the course you will be able to:

• understand what human capital management actually means and why good information and measurement is critical to effective people and business management
• assess the different approaches to human capital measurement
• comply with the external reporting requirement
• utilise best practice in the internal measurement and external reporting of information on employees to improve people management and business performance
• diagnose and apply the approach that best fits your organisation and its strategy and culture.

Course Outline

• The origins and context for human capital measurement and reporting
• The new reporting requirements
• An overview of some of the various HCM methodologies available
• A route map to effective human capital reporting
• Getting started: the information you want, the measures you need
• Selecting and using the information internally
• What you should say in the OFR
• examples of best practice examples and case study exercises
• Summary and next steps in the workplace.

Human Resources Skills: Human Capital Measurement and Reporting / CM11152