New York (Dec. 17, 2002) -- Companies that employ a documented human resources strategy have a 35 percent higher rate of improved revenue per employee, than companies where no such strategy exists, according to a global survey by Big Four firm PricewaterhouseCoopers.In organizations where HR people indicated they were very satisfied with their department's influence on business strategy, profit margins were 46 percent higher than for those who were not satisfied with their contribution.

The survey also showed that 67 percent of HR executives are now members of the highest-ranking leadership team in their organization.

In the survey, PwC polled HR executives from roughly 1,000 organizations in 47 countries.

-- Electronic Accounting Newswire staff

Register or login for access to this item and much more

All Accounting Today content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access