Anthony Said:

Which mutual funds invest in stock of companies that spend heavy on employee training & development?

We Answered:

td banknorth
bank of america
citizens
peoples
bay bank
sovereign
middlesex
kellogs frosted flakes

Elaine Said:

What is the purpose of a lesson topic (employee training & development)?

We Answered:

topics guide the trainer and the student.

Catherine Said:

I need hard data on the benefits of employee development, employee training programs, human capital investment

We Answered:

The consultants Watson & Wyatt conducted a fairly comprehensive study a few years ago to provide exactly that information. The final report was called the Human Capital Index (HCI). Its purpose was to demonstrate statistical correlations between shareholder value and certain human resource practices. Watson Wyatt also produced a study called WorkUSA 2000, that demonstrates a statistical correlation between various areas of employee satisfaction and the corresponding increase in market/shareholder value associated with them. Two of the authors of the above studies, Bruce Fau and Ira Kay, also summarized the finding in an excellent book called "The Human Capital Edge."

This is hard data, rather than ruminations on how treating people well, etc will pay off. The book correlates certain HR practices (e.g. "Employees have input on hiring decisions + .5%" and "Pay is linked to company business strategy + 1.2%") with the percent increase in market/shareholder value associated with that practice. I believe you can get a fuller breakdown of the numbers from the HCI.

If you're looking for hard ROI data, I haven't seen anything better than this. And there are some real surprises, such as employee access to training being correlated with a 5.6% DECREASE in market/shareholder value (the authors discuss possible reasons for this counterintuitive result).

Carla Said:

How much do companies spend on training per employee as a percentage of their salary?

We Answered:

8.3%

Ida Said:

What re the Effects of Training and development to employee's performance?

We Answered:

A good training and Development system ensure your employees understand what business a company is in and keeps updated on the skills he need to posses to perform his day to day job. It bring in confidence and improves performance

Check out this interesting case study on how companies can benefit by keeping employee first

http://www.slideshare.net/hcl/employee-first-customer-second

Diana Said:

I want the book Employee Training and Development by Raymond A Noe. ?

We Answered:

Information is below.