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This spreadsheet contains formulas to calculate an employer's human capital return on investment, which is the ratio representing the value of a company's investment in its workforce against company profits. This metric is commonly used to understand employee productivity and company performance and may be used to identify a need for cost reductions and increased revenues and to forecast future human capital needs. A graph will automatically be created as data is entered.
An organization run by AI is not a futuristic concept. Such technology is already a part of many workplaces and will continue to shape the labor market and HR. Here's how employers and employees can successfully manage generative AI and other AI-powered systems.