Talking Numbers: The Importance of Finance in HR Credibility
Approved for 1.25 Strategic HRCI Credits
Come and find some new and old approaches to consider in terms of how to begin to quantify what HR is worth, some examples of what to do and how to quantify the value of various HR functions. A mindset to get into when obstacles are encountered. We realize it is not easy!
Some Key Takeaways will be:
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How finance ties into HR.
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How we can begin to quantify HR?
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What makes this hard and why?
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Some negative perceptions about HR.
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What does HR boil down to?
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Why is it hard to quantify HR vs. other departments?
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Suggested methods to educate people about the “hard” value HR can add.
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The mindset to get into as you search for opportunities to do this.
SPEAKER-Richard Burton, an AVP of Human Capital Management currently works for WSFS Bank headquartered in Wilmington, Delaware. His current role involves change management where he makes business arguments at all levels of the organization using finance. He has held Human Resource positions supporting projects dealing with business formation and startup, strategy planning and implementation, change management, mergers and reorganizations, and recruiting. He has worked for HL.Yoh, a national recruiting and staffing company, T.Williams Consulting (now part of Manpower) as a management consultant, and the Christiana Care Health System. Mr. Burton holds a BS in Environmental Science from the University of Delaware and an MBA in Finance from Drexel University. He also has his PHR Certification through the Human Resource Certification Institute. He currently serves on the board of the Delaware Society of Human Resource Management as treasurer and has held various other positions on the board for the past 7 years. He has been an adjunct professor at Drexel University and Goldey Beacom College teaching HR, Organizational Behavior, and Staffing/Recruiting classes. Currently he teaches finance at Wilmington University.
