Abstract

Mehak Kaur, HR manager ParAgra Ltd., was asked by the management to find out the reasons for the high absenteeism and attrition rates at the company. As the problem had also led to a substantial decrease in productivity, the company wanted to take some corrective measures before the problem became severe. Mehak decided to find some way to quantify the economic value added by the employees of ParAgra Ltd.so that the company could develop manpower strategies based on these analyses.

Learning Objectives

The case is structured to achieve the following Learning Objectives:

• Understand how to calculate the economic value added and return on investment of employees.
• Develop manpower strategies as per these analyses.

Keywords

Human Resource analytics, Value of human capital, Return on human capital, Economic value added, HR accounting, HR costing, HCROI, HCVA, HEVA, HCCF, Productivity, Absenteeism, Attrition