© 2008 by Pearson Education, Inc.Publishing as FT PressUpper Saddle River, New Jersey 07458
This book is the product of an alliance for the Society for Human Resource Management (SHRM). With more than 225,000 members, SHRM is the world’s largest professional association devoted to human resource management.
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Printed in the United States of America
First Printing February 2008
ISBN-13: 978-0-13-239411-6
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Library of Congress Cataloging-in-Publication Data
Cascio, Wayne F.Investing in people : financial impact of human resource initiatives / Wayne Cascio, John Boudreau. p. cm. ISBN 0-13-239411-1 (hbk. : alk. paper) 1. Human capital—Accounting. 2. Labor costs—Accounting. 3. Employees—Training of. 4. Personnel management. I. Boudreau, John. II. Title. HF5681.H8C37 2008 658.3—dc22 2007040888
From Wayne F. Cascio:
To my parents, Frank and Joan Cascio, who invested so much of themselves in me.
From John W. Boudreau:
To John Boudreau, my dad, whose work ethic inspired my early interest in the workplace, and to Sylvia Boudreau, my mom, who always said her kids could do anything we set our minds to.