Interview Question: Return on Investment

Hi All

I recently stumbled in a HRBP interview when they asked what is the most strategic project I have supported and what the return on investment was.

Having worked in public sector and mainly as a HR Advisor I don't have experience on working with return on investment and actual figures.

Can anyone provide me with some examples to help with my own development?

Thanks

Charlie 

Parents
  • Non the less you could have a go. You must have taken part in decisions or taken part in activities, duties, etc., which were a part of some larger initiative. Cost benefits may not have been an obvious issue, but regardless of whether they were or not, there is a cost bv benefit in almost all management activities. Idf you can't think of anything at work then invent some theoretical scenario and cost it out.

    A nice simple one is replacing a member of staff.

    Whilst you are missing this staff member what are the losses? Real, actual or simply guessed at ??
    How much did it - or would cost to hire someone new - adverts, management time involved and so on.
    How long (and how much effort/cost) was it before the new starter got up to speed?

    And so on. Just remember this isn't an accurate calculation and is often based on guesswork and assumptions.
Reply
  • Non the less you could have a go. You must have taken part in decisions or taken part in activities, duties, etc., which were a part of some larger initiative. Cost benefits may not have been an obvious issue, but regardless of whether they were or not, there is a cost bv benefit in almost all management activities. Idf you can't think of anything at work then invent some theoretical scenario and cost it out.

    A nice simple one is replacing a member of staff.

    Whilst you are missing this staff member what are the losses? Real, actual or simply guessed at ??
    How much did it - or would cost to hire someone new - adverts, management time involved and so on.
    How long (and how much effort/cost) was it before the new starter got up to speed?

    And so on. Just remember this isn't an accurate calculation and is often based on guesswork and assumptions.
Children
No Data