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HR Magazine, August 2002 - Supplement: Count On Business Value

   8/1/2002

HR Magazine, August 2002

Vol. 49, NO. 8

Count on Business Value

Cedar's ROI calculator

Cedar's ROI calculator, versions of which are used by several vendors, including PeopleSoft Inc. of Pleasanton, Calif., is based on 300 indicators that HR professionals might not consider if they start from scratch. (To see a version of the calculator, go to Cedar Enterprise Solutions.) It makes default assumptions about indicators based on national averages for factors such as salaries and turnover. The user company can do its own internal research and input its own numbers. The Cedar calculator is based on total cost of ownership, which includes ongoing system maintenance. (For more on traditional ROI, see "Calculating Return on Investment for HRIS," HR Magazine, December 1999.) 

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