Client Benefits
Our experience brings valuable benefits to clients, although quantifying them can be challenging due to the intangible nature of our work.
Nevertheless, at Cumberland, we prioritize project evaluation, emphasizing the success level and Return on Investment (ROI).
Research shows that implementing sophisticated Human Resource (HR) systems, including various practices such as
- Recruitment/Selection
- Performance Management
- Remuneration
- Grievance Procedures
- Information Sharing
- Empowerment Strategies
- and Assessment of Attitudes
leads to significant financial returns for organizations.
Enhanced HR
A study revealed that enhancing HR practices resulted in a profit increase of US$7,868 per employee annually and an increase in the firm’s market value of US$33,250 per employee.
Implementing these practices for a 300-person organization can potentially yield a profitability boost of up to $2.36M and an increase in market value of up to $9.98M.
Culture
In another study of 175 organisations, it was found that corporate culture can have a significant impact on a corporation’s long-term economic performance. The researchers found that organisations with strong cultures outperformed those with weakener culture over an eleven year period. Below presents a summary of their findings.
Strong Culture
628
Increased Revenues
282
Expanded Workforce
901
Growth In Stock Price
756
Improved Net Incomes
vs Weak Culture
166
Increased Revenues
36
Expanded Workforce
74
Growth In Stock Price
1
Improved Net Incomes