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Investing in Your Company’s Human Capital: Strategies to Avoid Spending Too Little—or Too Much by Ph.D. Jack J. Phillips

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Chapter 3. Invest with the Rest

Some organizations prefer to invest in human capital at the same level that others invest. Using benchmarking data, these organizations determine specific measures from organizations often perceived to be best in practice and try to duplicate many of the investment levels in their organization. Benchmarking is a popular approach to understanding human capital issues, particularly human capital investment.

This chapter explains how to develop and implement a benchmarking project. With the proper focus and effort, executives can develop their own benchmarking study with rewarding results.

The Basic Strategy

Investing with the rest involves collecting data from a variety of comparable organizations, often those perceived ...

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