Measure the ROI of an HR Initiative Checklist
Author: Raymond Halagera
When to Use
This checklist may be used to assist an employer measure the Return on Investment (ROI) of an HR initiative. An organization should intensely scrutinize and evaluate business initiatives based on competitive, economic and profit pressures. Measuring ROI assists in this evaluation by providing criteria for deciding:
- Which expenditures are approved and financed; and
- An expenditure's priority among alternative approved expenses.
An employer should complete the following steps in sequential order.