Why Caring Companies Win
Forward-thinking companies are putting people first by improving their employees’ experiences at work and their work/life balance. And they are prospering.
Forward-thinking companies are putting people first by improving their employees’ experiences at work and their work/life balance. And they are prospering.
This white paper delves into one of the key elements, approaching Employee Lifetime Value with a Customer Lifetime Value mindset. In a global economy, based on knowledge, intangible assets and resources, the ability to manage and leverage human capital and talent has become increasingly critical. Workforces are now the true VALUE creator for many organizations.
This white paper defines Employee Lifetime Value and presents a tactical approach to begin strategically evaluating ELTV. While it has been relatively easy to associate value with sales performers who generate revenue, the value non-sales performers contribute to an organization has been harder to quantify.