Asked by Kaitlyn Foley on Jul 19, 2024
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There are two ways of measuring contribution: financial measures and measures of managerial perceptions of effectiveness.
Measuring Contribution
The process of assessing the value or impact of an individual’s or group’s work towards achieving organizational objectives.
Financial Measures
Quantitative indicators used to assess the financial health, performance, and stability of a business, such as profit margin, return on assets, or debt-to-equity ratio.
Managerial Perceptions
The interpretations or views of managers regarding various aspects of their organization, its environment, or specific situations they face.
- Attain insights into a range of Human Resources measurement and benchmarking methods and their effects on management practices.
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Learning Objectives
- Attain insights into a range of Human Resources measurement and benchmarking methods and their effects on management practices.
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