June 2011
Intermediate to advanced
378 pages
14h 11m
English
Content preview from Performance Management Systems and StrategiesBecome an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
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VARIOUS METHODS OF VALUATING HUMAN RESOURCES
Different approaches to the valuation of human resources may be broadly grouped under two categories:
- Non-monetary measurement
- Monetary measurement
Non-monetary Measurement
Such methods involve the classification of human resources in terms of skills (skills inventory), performance evaluations, potentiality for developments and promotions, attitude surveys, and subjective values.
Skill is a coordinated series of actions to attain some goal. Operationally, skills are defined widely as overt responses and controlled stimulation. Overt responses may either be verbal, motor, or perceptual. Verbal response typically stresses on speaking (which requires memorization of words). Motor responses stress on ...
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I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.