Human Capital Financial Statements Training

• Quantify and trend shifts in workforce productivity, costs and value creation across the talent management lifecycle
• Measure the impact of human capital in financial performance
• Quantify the total value of the Workforce
• Identify where and how is human capital being allocated
• Trace the flow of human capital across the organization
• Calculate Productivity for Specific Job Groups
• Quantify Cost of Turnover
• Create a standard for disclosing human capital data

• How can the impact of human capital on financial performance be quantified?
• How can human capital metrics integrate with commonly accepted financial metrics?
• How can the measure of total workforce costs be used to drive workforce effectiveness and efficiency?
• What is the impact of training on profit, productivity, and total human capital value?
• What is the human capital value of different job roles?
• How can the measures of workforce flow, changes, and growth be made similar to a cash flow statement?

• Training and Development
• Talent Management
• Organizational Development
• Workforce Planning
• Workforce Analytics
• Finance
• Strategic Planning

Sample Training Agenda

Introduction to Human Capital Financial Statements (HCF$)

• HR as a strategic partner
• Compelling Case for HCF$
• Why are financial statements important?  What are they lacking?

Foundational Concepts

• Value creation
• Training investments
• Workforce productivity
• Lack of HR standards

Talent Management Life Cycle: Sources of Value

• Job framework and critical job identification

Human Capital Asset Statement

• Capitalized human capital training
• Human capital ROI ratio
• Total retained human capital value

Human Capital Impact Statement

• Workforce productivity Impact
• Total Cost of Workforce
• Classification and allocation of HR and other workforce costs
• Talent Management Impact
• Sources of value across the employee and talent management lifecycle

Human Capital Flow Statement

• Compare and contrast between the flow statement and financial statements

Linking Human Capital Metrics to Company Performance

• Implementing Human Capital Financial Statements
• Future of Talent Management