UGC Approved Journal no 63975(19)

ISSN: 2349-5162 | ESTD Year : 2014
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Published in:

Volume 11 Issue 1
January-2024
eISSN: 2349-5162

UGC and ISSN approved 7.95 impact factor UGC Approved Journal no 63975

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Published Paper ID:
JETIRGB06005


Registration ID:
529530

Page Number

24-28

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Title

A DIAGNOSIS ON HUMAN CAPITAL RETURN ON INVESTMENT AT SRI BALAJI TVS MOTORS, BALLARI.

Abstract

The "Diagnostic on Human Capital Return on Investment" delves deep into the evaluation of investments in human capital within organizations, offering a holistic assessment of their effectiveness and efficiency. By extensively examining key facets such as recruitment, training, development, recognition and reward, and wellness programs, this study sheds light on the profound impact these investments have on an organization's overall performance and profitability. The findings of this study provide invaluable insights into how well companies harness their human resources to achieve strategic objectives, while also pinpointing areas for potential improvement and highlighting best practices. This research underscores not only the pivotal role of human capital in propelling business success but also offers actionable recommendations to optimize the return on investment in this critical asset, thereby guiding organizations towards more informed and strategic human resource management decisions. The study's compelling findings reveal that investments made in recruitment, training, recognition, and wellness programs have yielded remarkable returns, ranging from 200% to an astonishing 485.75%, resulting in an overall Human Capital Return on Investment of 330.07%. This underscores the substantial positive impact of the workforce on an organization's performance and financial gains. To sustain and build upon this success, the study advises organizations to continue prioritizing human capital development, particularly through employee development initiatives. Moreover, it emphasizes the importance of consistent monitoring and optimization of HR strategies to ensure competitiveness in the ever-evolving market landscape. These findings provide compelling evidence that investments in human resource development not only yield substantial returns on investment but are also indispensable for long-term organizational growth and prosperity.

Key Words

Recruitment and Hiring, Training & Development, Recognition and Rewards, Wellness programs, Return on Investment.

Cite This Article

"A DIAGNOSIS ON HUMAN CAPITAL RETURN ON INVESTMENT AT SRI BALAJI TVS MOTORS, BALLARI.", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.11, Issue 1, page no.24-28, January-2024, Available :http://www.jetir.org/papers/JETIRGB06005.pdf

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2349-5162 | Impact Factor 7.95 Calculate by Google Scholar

An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 7.95 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator

Cite This Article

"A DIAGNOSIS ON HUMAN CAPITAL RETURN ON INVESTMENT AT SRI BALAJI TVS MOTORS, BALLARI.", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.11, Issue 1, page no. pp24-28, January-2024, Available at : http://www.jetir.org/papers/JETIRGB06005.pdf

Publication Details

Published Paper ID: JETIRGB06005
Registration ID: 529530
Published In: Volume 11 | Issue 1 | Year January-2024
DOI (Digital Object Identifier):
Page No: 24-28
Country: -, -, India .
Area: Engineering
ISSN Number: 2349-5162
Publisher: IJ Publication


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