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Workspan Magazine
12/05/2024
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CCOS at Forecast
When sales compensation practitioners develop their annual sales compensation plans, they conduct careful financial modeling to ensure the new plan pays ~100% of the sales compensation budget when the company achieves its sales forecast.
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Tools
Gross Profit Margin = (Revenue - Cost of Goods Sold) / Revenue x 100
Human Capital ROI (HCROI)
Determines the return on investment in employees.
Workspan Daily
12/15/2023
New research from the American Opportunity Index finds that only 44% of companies in the top 100 for promotion were in the top 100 for parity.
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Journal Article
06/02/2023
Employees can also receive a greater quantity of feedback and be less subjected to the individual biases of just one manager ( Di Fiore and Souza 2021 ).
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Workspan Daily
07/13/2023
While we don’t expect the SEC to come down harshly on companies in the first year, it is possible that we will see expanded Compliance & Disclosure Interpretations (C&DIs) to address areas of continuing ambiguity as the commission looks ahead to 2024 and beyond.
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Workspan Daily
08/17/2023
Start Early It is important that employees already have a full understanding of the available benefits package, said Di Holman, chief people officer at Virgin Pulse, especially if new programs have been added or changes have been made.
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Workspan Daily
11/10/2022
.”; Within S&P 100 compensation committee charter reviews: Only seven committees’ charters do not name any HCM oversight responsibilities.
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Workspan Daily
02/03/2023
The contractor pay report is required for employers that use 100 or more contractors.
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Workspan Daily Plus+
01/06/2026
Calculate ROI
The overall ROI is calculated by subtracting the costs from the returns and expressing it as a percentage:
(Total Financial Returns – Total Investment) / Total Investment x 100
For example, the ROI for four apprenticeships over one year would look like:
Total Investment = $200,000
Total Financial Returns = $300,000
ROI = (300,000 - 200,000) / 200,000 x 100 = 50%
An ROI of 50% means that for every $100 invested in the apprenticeship program, the organization receives $150 in return (i.e., $50 profit for every $100 spent).
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