Berman, Dennis. 1999. “What's a Worker Worth?” Business Week (11 October): p. F 4. “What's the true measure of Man? Before you wax philosophical, glean some practical wisdom from Jac Fitz-enz. His company, Saratoga Institute, devises systems for measuring human capital -- in other words, how much economic value employees contribute to their businesses. One of his favorite formulas is what he calls the "human capital return on investment," which calculates dollar-for-dollar profits against pay and benefits.” “On average, companies of fewer than 500 employees sock away $1.68 in profits for each dollar in pay and benefits. "All assets other than people are inert," argues Fitz-enz. "They don't add any value until they're leveraged by a human being”." -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail [EMAIL PROTECTED]
