2. Strategic Human
Capital Management Inc.
Forbes Magazine Quote
“ Given enough time and money, your
competitors can duplicate everything
you’ve got except for your committed
people”
August 2014
4. Strategic Human
Capital Management Inc.
Definitions
• Contribution = Capability x Commitment
• Capability = (Technical + Behavioral) KSAs
• Commitment = (Energy + Attention)%
5. Strategic Human
Capital Management Inc.
Metrics
• Human Capital Return on Investment
– (Revenue – [Expenses – Salary & Benefits])/Salary & Benefits
• Human Capital Value Added
– (Revenue – [Expenses – Salary & Benefits])/FTEs
8. Strategic Human
Capital Management Inc.
Employee Value Proposition
• Employees seek to satisfy critical needs
• Employers that meet those needs
become employers of choice
• EVP is that blend of solutions to critical
needs that causes employees to select
one employer over all others
9. Strategic Human
Capital Management Inc.
Employee Value Proposition
• All employers develop an EVP, formally
or informally
• If formally developed, it can be managed
• If managed, it can provide sustainable
competitive advantage
11. Strategic Human
Capital Management Inc.
Component Elements
• REWARDS
– Affordable/flexible benefits
– Competitive/equitable wages
– Performance based increases
– Personal/professional development
– Advancement opportunities
– Recognition for contributions
12. Strategic Human
Capital Management Inc.
Component Elements
• RESPONSIBILITIES
– Adequate supporting resources
– Clear performance expectations
– Training for improved performance
– Connection to mission
– Utilize skills/abilities
– Input/feedback opportunities
13. Strategic Human
Capital Management Inc.
Component Elements
• RELATIONSHIPS
– Competent co-workers
– Interactions with customers
– Visible/approachable leaders
– Cooperation within/between departments
– Respect
– Fair/responsive supervisors