Quantifying HR

Any business operation aims at achieving the pre-determined goals in terms of reduction of costs, or increase in profits, enhancing the stakeholders' value and many more. The underlying process in these strategic decisions is well-planned, full proof and focuses on the return on investments. Human Resource is a discipline & function where quantification in monetary terms is difficult to determine because the object under study i.e. the human being is very dynamic and unique. We attempted to study a significant portion of this vast field of research through functions like Training & Development, Talent Management and Float Management. There are methods to evaluate the functions for their efficiency & effectiveness e.g. Questionnaires, Feedback survey, Evaluation forms etc.