CIPD Human capital Valuation
By Tony Hatton-Gore, Reward and Human Resources Consulting
When times are tough we can expect more focus on the money. We see this in the news, whether exemplified by high profile individual cases such as those of former Governor General of the BBC George Entwistle and C4 racing pundit John McCririck; or by more esoteric issues as the implications of Basel III for relating financial sector reward to risk.
Organisations are looking for value from reward programmes generally, as well as in relation to the headline cases. For individuals reward may be seen as the hard edge of HR, as a job offer may help distil life decisions about career and employment aspirations.
Focus on reward spend at an organisation level is often about two aspects: communication and return on investment.
As mentioned in the recent blog by Sylvia Doyle, the CIPD’s reward risks survey highlighted the importance of the role of reward communication in promoting employee appreciation of the value of the package and employee engagement.
However, organisations must be able to analyse the potential and actual impact of their reward policies to inform employee communication.
A recent Mercer report* included these findings:
Source: CIPD Bloggers
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Major credit card issuers provide free extended warranty benefits when you use their cards to purchase qualifying items. In most cases, the credit card program automatically tacks on an additional year to the products existing warranty period, effectively doubling the extended warranty period up to the program limit for no additional cost. The major credit card companies, American Express, Visa...nal service contract purchased and the original manufacturers written U.S. repair warranty as supplied by the product manufacturer.
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Avis now uses a fleet of electric bikes
18 December 2007
AVIS LONDON GETS ON ITS (ELECTRIC) BIKE
Committed to reducing its carbon footprint in London, Avis now uses a fleet of electric bikes for its deliveries and collections around the city. The bikes are provided and operated by Avis supplier Vehicle Enhancement Services (VES).
VES had previously worked with Avis for just over three year...ble than anticipated and the service is working extremely well.
Avis has been working with The CarbonNeutral® Company for the last eight years and was the first European car rental company to become carbon neutral, offsetting 94,500 tonnes of CO2 since 2000. Avis customers can offset their car rental emissions online at for just £1 last year 23% more customers chose to do so.
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One prediction: Natural capitalism to be next economic revolution
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3. Transitioning from a goods-producing, "owning things" economy to a "service and flow" economy (example: buying carpeting service from a company instead of buying a carpet and discarding it when it wears out).
4. Investing in activities that protect or restore the ecosystems we depend on.
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