Learn how to build a bridge between Finance and HR by using the language of numbers to measure productivity of the workforce.
Jeff Higgins, the presenter has created, “the most scientific, detailed solution,” to a human-capital financial statement that matches the rigor and precision of traditional financial statements (CFO magazine, May 15, 2013). The Human Capital Financial Statements are designed after the traditional income statement, balance sheet, and cash-flow statement, but for the purpose of measuring workforce productivity and costs. Included are such metrics as the “Human Capital ROI Ratio” and “Return on Human-Capital Investment” that measures return on revenue (net of non-workforce costs) with the total cost of workforce (TCOW).
Video
Presentation Slide Deck
View the How to Build a Bridge Between Finance and HR webinar slides HERE.
Speaker
Jeff Higgins - Founder & CEO, HCMI
Jeff is a global thought leader with 25 years combined workforce planning, analytics and finance experience supporting Fortune™ 500 companies. Jeff has helped organizations around the world quantify the ROI of workforce decisions and realize cost saving opportunities of up to $1.0 billion USD. Jeff is both a former senior HR executive and former CFO, and a regular speaker at HR events. Previously, Mr. Higgins worked in finance at Johnson & Johnson, Colgate Palmolive, Klune Industries and a senior HR leader at Countrywide Financial, IndyMac Bank, and Inform, a leading analytics software co. Jeff is on the SHRM Global Standards Committee on human capital, the Center for Talent Reporting board and founding member, PwC Saratoga Institute advisory council.
