| Improve an employee’s health while reducing your healthcare cost - Yes, it's possible! |
| By Anupal Banerjee on 12/8/2009 7:56:29 AM |
While returning from a recent conference on employee compensation, I happened to flip through a Business Week article titled "Tough love, Lower Health costs." The article talks about a new healthcare pilot project at General Electric.
Healthcare costs comprise a significant portion of an employee’s benefit package. Today, when HR is expected to deliver higher employee satisfaction with a lower wage bill, GE has taken an innovative approach to balancing these objectives by offering incentives to promote health maintenance. |
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| Measuring the impact of your talent development initiatives |
| By Gautam Bhushan on 2/2/2009 |
So does a learning initiative lead to significant and direct gain? If so, how do you measure it? This is probably the most frequently asked question about talent development.
There have been a number of books written on this subject and a professional organization - ASTD - which has a ROI Network that supports learning evaluators. Kirkpatrick, Jack Phillips and a number of others have dedicated years of research to finding out how to quantify learning effectiveness. As Lord Kelvin put it “When you can measure what you are speaking about and express it in numbers, you know something about it.”
If all of this is so obvious, why don’t more people do it? Well for one… |
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| Dilemma of talent development in an economic downturn |
| By Gautam Bhushan on 1/1/2009 |
“Pay packets to shrink as slowdown dents growth”; “Worst is still to come….”; “Salary cuts of between 15% and 25% on the cards for…..”
These are just some of the headlines screaming out of leading newspaper. So what does an organization do about talent development in such tough economic times – should it be treated like other operational levers which are pulled to reduce costs? My opinion? Now is the best time to invest in talent development.
Sounds insane? No. Here’s why... |
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